Hi all gurus...

i do check my ctos score once every 3 months from last year Feb.
and i notice my score is below satisfaction despite i do not own any loan for years. I do not own even phone bill.
I did have car loan in the past but ive cleared it by mid 2023.
the score do not increase for 6 months.


Any master can share how it works?
Looking to get housing loan, scare it will affect my interest rate.

One of the reason probably coz you do not have any on-going loans, less one factor to monitor your payment habbit/record.
Go get a Credit Card, nil or minimize usage, but pay on time, SST RM25 give it jer in return for a better scoring.

Btw, banks here don't really quote u interest rate based on ur CTOS score, its mostly based on the property's type, geographic, bank's linkage/panel (if its new project), and ur age, income, networth, or somesay ur job (risk)

CTOS is a reference tool jer

Credit card will do. I don't have loans for years. Just credit card, CTOS still tip top. Just pay full amount every month before due date.

Side note:
I have a question to ask.

I am planning to get a small car loan for my son's car in near future ( i will b paying lah, i act as his guarantor). Since loan put his name and i act as his guarantor, does it helps to build his CTOS score?

stopped using it, use eCCRIS instead to check any outstanding loan on car, house and CCs

CTOS credit score don't make sense to me

i just make sure i pay everything on time

last year around sept i did tried to apply for 1 CC via agent
But was rejected, he said it due to my CTOS.
I was blurred~

Try apply from the bank that received your salary.

They may hv better confidence in giving you a cc based on the consistency of your income level

Working in SG for years. yet i not PR.
But i'll try go direct for bank apply.

Want to apply CC & get easier approvals is by approach those agents promo CC in shopping malls....

I find their way is easier than directly to banks...

I not sure how it links, but did u file for LHDN/Tax?
It somewhat links ur record.