I have some quesries regarding CCRIS and CC application. Usually how bank decides whether to approve or reject your CC application based on CCRIS report? And will rejected applications appear on your CCRIS report as well?

CCRIS is the most likely their 2nd step once your income requirement met.
DSR could be the last criteria.

Rejected credit facility application not limited to credit card only will be definitely listed in the CCRIS.

Usually what do they see in your CCRIS report?

If my rejected CC application does not show up in CCRIS does it mean they dint use my CCRIS report?

Main priority will be missed payment.
A lot of info can be seen from CCRIS. All approved and ongoing credit facility.

If rejected credit CC application doesn't show up, it could be meant that it hasn't updated to the database. Perhaps will be showed up in the next report.
They have cut-off date to update.

What about the total credit you are having now? Does it affect your application?

Usually how long do they have since rejecting the application to update to database? When will be the next report?

Bank will determine your DSR based on your income and totally monthly commitment using the questionnaire in the application form.
I'm not sure if total credit you have will affect their approval. Each bank has its own internal criteria.

The cut-off date is 15th of each month.
Your CCRIS information is updated on the 15th of every month e.g. information for Jan 2013 will only be updated on 15 Feb 2013. So if you have paid down your credit lines anytime from 1-31 Jan, time your loan application submissions on the 16th of Feb.

From: https://loanstreet.com.my/learning-centre/e...ing-about-ccris

This post has been edited by David83: May 28 2018, 04:21 PM

How can income be first requirement and DSR be last criteria? Your income informs your DSR. They go hand in hand. I've worked in loans processing, usually CCRIS is looked at before looking at income and computing DSR, since CCRIS report is very direct and simple to look at.

Sorry I'm not from banking industry.
Those are just my wild guess.
You have preliminary DSR based on questionaire and final DSR by taking assessment from from CCRIS.
Each bank has its own method of assessment.

For credit cards? I can only speak for CIMB as per my time with them then:

1. CCRIS: will look at your outstanding and credit usage, if you are highly leveraged (a lot of CC, and utilization is high), then red flagged
2. Repayment: this is standard, especially for clean loans, if you miss your payments you would be red flagged.


income is important because it forms the basis of the number of cards you can hold. If your in come is below RM36k, if I am not mistaken, you are not allowed to have more than 3 cards total and from 2 banks total.

As per your question on DSR, for someone who earns Rm12k a year, but with 0% current DSR, would they be a good borrower? So income plays a strong role in credit card application too. Btw, CCRIS report generated has to be paid for by the bank, so it is no uncommon for the income to be calculated/generated first (from EPF statement, which is free), and then proceed to look at the CCRIS, and then to calculate the DSR from the CCRIS report

How do they actually determine if your CC usage is high?

CCRIS.

in your ccris, the type of loan (cc), the outstanding, and the limit of the loan (credit limit of the cc) are all spelled out

Depends on bank. I got late payment for PTPTN end of last year then cimb reject my cc application but maybank approve it. Both are normal saving account only. No FD for collateral.

Then i check on my ccris. Very bad record due to miss payment. No wonder rejected by cimb.

This is what I hate about MBB.
Double standard!

As in do they have any calculations to determine if cc spending is high? Do they just use DSR?

I only heard before but I guess its true that Maybank is really the easiest to get approved

To calculate CC spending levels, all they need to do is to divide the balance by limit

DSR also becomes a factor, sometimes they will mention "highly geared" meaning your DSR is too high

I see. Usually whats the level to be considered as high spending?

For DSR how they calculate for CC? Do they use the current spending?

80% of CC usage is considered high already, even if you have a clean repayment record (you pay 5% of the statement balance each month)

5%. 5% of the outstanding balance is used to calculate your commitment for that particular CC account

what if CC outstanding is random? example on december outstanding 40%, january 20%, february 25%.

how do officers determine? is there are specific calculation/rules? or it is simply on their own assement/budi bicara

is this cc usage only will be looked for house loan or also personal loan ?

Will only take into account the current CC outstanding. Previous previous month all wont be seen therefore not counted.

Yes for any new credit facility which require to view your CCRIS will appear your CC outstanding / utilization.
So it is advisable if you are applying for any new credit facility (housing loan, car loan, ASB loan, personal loan), do clear your CC outstanding first, then only apply.

Good luck.

so let say if i never had a credit card, then i applied and activated it in January, but never use them until December. Then on January next year i applied for a loan, then how can the loan officer know my CC payment track record and behavior?

Base on your CCRIS report. If you activate but never utilize this cc. Outstanding nil. Your repayment track record will be clean with all zero.
It will be just the same like another person who utilize the cc, but maybe got outstanding but as long as payment made before due date promptly, repayment track record will be clean as well.

So for your scenario above, it is counted you have good credit history and record.