Again, it's different bank different policy whereby I wouldn't be disclosing here even if I know.
CTOS, I think many banks are starting to do away with them because their charges is higher then before. As far as I know, many banks would only check CTOS if it's a marginal or suspicious case.

It's not FIS. Anyway, didn't heard about any FIS.
It is CCRIS. CCRIS contains 12 months of your payment history.
So although you've settled, they can still see your record.

But come to think of it, once you canceled your card, they shouldn't be reporting your record any more. Or there could be a grace period where they would still report which I'm not too sure about it. If you want confirmation, then head to BNM and ask for you CCRIS report and let them explain to you in detail.

Btw, usually when you laspe 4 months; there would already be a letter of demand sent out. It's a legal letter.

They wouldn't be any link if you're asking about the linkage; thus banks wouldn't know your specific "debt" overseas.

However, you have to evaluate yourself whether or not you guys yourselves have the ability to repay what you want to loan.

But looking at what you specify above, don't think you guys are ready yet.

Don't think so.
Don't think UOB or OCBC does that.
Imagine if this is not a Singaporean bank but an international bank like Citi, HSBC etc.... I don't think they would cross check against so many countries. Unless obviously the said person is in their so called AML or Watch List.

Do not MISLEAD others.
If you do not know that much, at least take some time to go over the topic before responding.

CCRIS is not all about bad payment record. CCRIS is a BNM centralised repository where banks would report all the customers loan facilities to the BNM regardless whether or not they missed any payments.

The last I heard, they would not delete. However, they would update your status as you've cleared. So it depends on the banks to evaluate how "serious" is it. Some banks have a 2 year policy and others might have 5 years policy.

Word on the street that the government is coming up with e-court. Something similar to CTOS. So if that goes through, it is again the same thing. However, it would certainly effect CTOS's business with the banks.

Btw, CTOS is not only used by FI (Financial Institute). A lot of big companies when doing partnerships / projects etc.. will also check CTOS or BRIS for bad records.

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Added on May 3, 2010, 2:56 amTo tell you the truth, although you have settled your debts with the banks; most of the time you can't go back to the same bank which you previously owed. They would hardly entertain you. Just a word of advise. Then again, it depends on the banks individual policy. Like I say, some might be 2 years, some might be 5 years when they decided to loan you again.


This post has been edited by b00n: May 3 2010, 02:56 AM

Again, there's no such thing as blacklist.
Blacklist comes from how a person or organisation evaluate your credit worthiness.

Again, besides CTOS; there's also BRIS and the government is coming up with e-court. So what makes CTOS so unique here to get the bad vibes?
Btw, for those that doesn't know; even if you "restructured" your loan, it would reflect in CCRIS also. When I meant "restructure" it's basically a R&R policy by most FIs and they are required to report that information to CCRIS.

Also, may I caution that most big companies do a CTOS check on their hiring prospect too. So not only FIs uses CCRIS. Like mentioned before, big companies when dealing with projects etc also engage CTOS database. Especially on bankruptcy status for all these examples I mentioned. If there's a hit on CTOS where it shows a bankruptcy preceding; they would further check with jabatan insolvensi. It's much cheaper this way then going direct to jabatan insolvensi paying the amount yet get a blank result.

So the so called "blacklist" myth here is how one evaluates one's record where they can get the information from.

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Added on May 3, 2010, 9:13 pm2 is still acceptable depending on the amount you owe the bank and also how frequent is the 2. Again it's all about total exposure and how the bank evaluates one's credit worthiness.
Also, it depends on where the 2 is. If it's in front i.e. recent months, then the banks are more likely to be more cautious.

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Added on May 3, 2010, 9:19 pmLet's not talk about "banks".
So if there's someone who comes to you and you found out that he recently owe someone and not paying for 2 months, would you lend him? If you yourself don't dare, how could you blame the bank?

Same example, if you found out that someone had a major case before i.e. being sued for whatever reason; be it bank suing for debts, company suing for contract violation, civil suits etc... wouldn't you be more cautious? If yes, then why are we blaming the banks to have the same mentality.

When I first started out working for FIs, you know what the 1st lesson I learned? It is basically - if this is your money, would you lend?! Simple yet a difficult decision no? So it depends on the bank's appetite on risk as there's always a concept of risk vs rewards.

Then again, you can't fault the bank for not being too closely knitted or having a one to one caring attitude towards the customers. Remember, we're talking about consumer business or basically mass market. They process thousands of applications per day. So a set of rules is set to vett through the applications. Unlike corporate loan which is more personal as it's mostly 1 to 1.

This post has been edited by b00n: May 3 2010, 09:19 PM

There shouldn't be any problem.
The flaw with CCRIS now is it doesn't show whether or not it's full pay master or not. It just shows that payment had been made.
If payment is not being made then the payment string would show different.

The hire purchase looks ok as it's quite consistent.

However note the bottom part which is known as "Special Attention Account" in English.
Did the officer tell you what does that mean?

That basically states that you got 2 accounts (should be personal loan) being charged off in year 2008. Have you settle the debt?
If you have you would need to attach the settlement letter.

Else I don't think most bank would entertain your application.

Yes, unless you're a bankrupt.

You are lucky that Malaysia or most of the countries doesn't share information with rest of the world even in the case of the same bank having nraches in multiple countries.
Unless obviously it's a big case such as AML (Anti Money Laundering) cases or criminal offenses.
Why? Because most countries have their privacy law intact whereby the information must not leaked out unless it's a very serious one.

Like our central bank governance, whereby even our bureau data when the bank retrieves it must not be stored in a server outside M'sia. It's the same case for most of the countries.

To check CCRIS, you would need to visit BNM office or alternatively, pls visit http://creditbureau.bnm.gov.my/index.php?c...11&ac=3〈=en for more infor

This post has been edited by b00n: Jul 22 2010, 12:19 AM

If the amount owed amounted to RM30k, then they have the right to sue you for bankruptcy.
Even in business deals, the same RM30k applies.

Correction on the bold statement.
i.e. Everyone would be listed in CCRIS when they borrow a loan facility from the FIs (financial institution).
CCRIS records your loan balance, loan/line amount and payment string for the past 12 months. FI are mandated to report every of their loan customers to this central repository.

Again, every banks have their own underwriting policies. Some are strict some are more lenient. The sales guys usually can advise better as they also want approvals.

Pls read again.
Everyone would be reported in CCRIS as long as they have a loan facility with the banks.

CCRIS is a mandated reporting repository on customer's payment behaviour.

That you would have to ask RHB. It's their own internal reject code I presume.


telecommunication is not reporting to CCRIS. However, internally between them telecommunication companies; they share the lists of blacklisted customer for defaulting bill payment.
Also, recently I heard rumours there's going to be another vendor whom will help compile this default lists and start "selling" it too.


0 means did at least minimum payment.
1 means missed 1 month payment.
2 means missed 2 months. 3, 4, 5 etc... you get the idea.
So to answer you, 2-2-2-2-2-2 meant you missed 2 payments every month for the last 6 months. i.e. although you did pay monthly, you still owe the bank 2 months of missed payment.


The question you need to ask yourself is: do you really need another card? Then the next question is: Are you able to service what you've "loaned"?
Me and my wife added together only got 3 cards and we pay full every month. Thus I'm surprised so many people hold so many cards. I can understand if one wants to use the "benefits" the card's provide, eg Citibank Shell card for petrol rebates, CIMB for petronas etc... But I still do not see the need to use more than one can afford.

So unless you really need it and can control, my advise is always to stay away. I've seen too many cases of relatives and friends working their ass off just to repay their cards which I used to be one of them many years ago So I know what I'm talking about.

Btw, you can always gets a hire purchase loan for superbike purchase which IMO is cheaper than personal loan.

This post has been edited by b00n: Nov 21 2010, 12:02 AM

Guess once you've canceled your CC, if you paid full payment; then moving forward it would be taken out of CCRIS reporting.
Anyway, to answer your previous question on how is your chances in applying; I personally think it's quite ok if you pay on time every month for your current CC and your balance over the limit is not overly high i.e. not over 80% utilization.

I'm not sure about HP interest rate for bikes; but for cars, new cars is only around 3% to 4% if I remember correctly. Also since you're a government servant; wouldn't it be better you loan from the government? Should be much cheaper interest and longer repayment period.

You payment record would still show that you previously owed the bank 2 months in arrears. However, it would also show that you've paid up that arrears recently. So depending on the approving bank's policy I would say it wouldn't affect your status much as long as the rest of your facilities are in order.


Yes, besides payment histories which had been discussed extensively here; it also shows your balance, line, date you got the loan facility, and if the bank paid for full credit data; they would be able to see your latest updated employment, addresses and phone number. So yes, CCRIS is used to verified also on what is stated in your application form.

All your assets would be freeze at the point when you are being declared bankrupt.
Thus once you're a bankrupt person, you wouldn't be able to open an account in any of the financial institution.

However, FD or any saving/checking accounts is not being published in CCRIS or CTOS report.

Once you fully settled, your record would no longer being reflected in the CCRIS report. Be it early settlement or normal term.

This post has been edited by b00n: Feb 13 2011, 10:29 PM