Guys need help here..I did a self check on CTOS..and I found out my name appear on section C (with my previous company name which is closed down 2 year ago)..

Actually what is that mean on section C?

Hi, is anyone one from akpk here? Or anyone apply akpk before?
I have cc outstanding of around RM 150k, would like to seek for akpk assistance. My only worries is will akpk shows in ctos/bank system even after I have fully settle the akpk few years later?
Actually I have a house to refinance (can cash out about 120k) but the bank don't allowed me to do so due to the high DSR (mainly cc outstanding)

Need your kind advise.

Thanks

one year. If 3 show in CCRIS most likely your loan confirm rejected by bank

After waiting for 2 years ...CTOS deleted the history records for those fully settled accounts... no more history in my CTOS record ....

good for u

This post has been edited by nexona88: Feb 25 2015, 06:17 PM

those numbers are not rating, it is actually number of payments in arrears. if 5 means the payment is late by 5 months. usually, it is bad but for some cases like ASB loan, banks don't really care since the loan has collateral. and it depend on banks as well, international banks are more strict in term of debt collection but local Islamic banks, they still have some soft spot.

CCRIS will only be updated on the 15th of the following month. but internally, bank have their own cut off date for payments, usually on the month end regardless of your due date.

I thought they change to every 10th of the month, no?

CCRIS only got 1..2..3.. got 5 ?? never heard of 5..

---Edited --

Correction - Sorry for giving wrong info ccris report doesn't max till 3 or 5.. it will max till 99 also, my senior just show me one with 99 due to abandon project.

This post has been edited by ims2628: Feb 26 2015, 11:25 PM

By they you mean BNM? Then no, its 15.

There is no such thing as max is 3. Please see CCRIS Explanatory Notes, item J clearly mentions that number of payment records which mean there's no max. You can check sample here.

---Edited --

Correction - Sorry for giving wrong info ccris report doesn't max till 3 or 5.. it will max till 99 also, my senior just show me one with 99 due to abandon project.

This post has been edited by ims2628: Feb 26 2015, 11:25 PM

CCRISS only show 0 , 1 , 2 and 3 .... 5 i think in ur own dream of CCRISS haha

the reason why you never see more than 3 is because, the moment you reach 3 months of arrears bank will start calling you already for payment to ensure payment for at least 1 month. another reason based on my experience is banks cap the max to 3, but such cap does not exist from bnm side.

This post has been edited by mosfet83: Feb 26 2015, 03:08 PM

true.

Don't agree. It will not stagnant at 3.

which means got 4...5...6...and so on..? hmm

CCRIS doesn't only show up to 3.

if more than 3 it will be in legal action already, house or car will be in auction.

Yes, I do not deny the fact that it will likely be in legal action or under negotiation for R&R but stagnant at 3 is not the case.

Jason you're right

Correction - Sorry for giving wrong info ccris report doesn't max till 3 or 5.. it will max till 99 also, my senior just show me one with 99 due to abandon project.

wow.. first time i heard 99 ...