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 CC application and CCRIS

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AskarPerang
post Jan 26 2019, 08:46 AM

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QUOTE(norspan @ Jan 26 2019, 08:09 AM)
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 ?
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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.
AskarPerang
post Jan 26 2019, 10:04 AM

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QUOTE(norspan @ Jan 26 2019, 09:01 AM)
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?
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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.
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