Good repayment record in ccris is not the only criteria for granting of credit.

In my opinion, if you have maxed out all your available credits, that may affect your ability to get approval.

Another possible reason is that you may have applied for new credit, too many times, recently.

Just like the repayment records, CCRIS would show all the applications for credit for the past 12 months.

The type of information provided in the credit application records are the amount applied, own application or joint, application status (pending, approved, etc.) and the type of lender (whether it is the same bank that asked for the ccris report, related bank, commercial bank, merchant bank, finance company etc.). I think it doesn't tell whether the applications are for credit cards, hire purchase or housing loan etc., even though it has a column for it.

As far as I know, rejected or deleted applications are not listed, which is surprising, because I think they should include that.



This post has been edited by FastCoder: Sep 5 2012, 02:34 PM

Go to Bank Negara to print out your CCRIS report. Maybe you have loans that you don't know of?