Yes, it is correct. As 0 meant no arrears.
However, in August; depending on when you settle your loan, it might not appear in August reports anymore.

That might be true also.
However, it really depends on each bank's individual policy.

CTOS is different.
Once you paid, you need to ask the bank for settlement letter and provide the evidence to CTOS for them to "update" your record.

What I suggest is you go find a mortgage sales person and upfront tell him about the situation and ask him on the chances.
It's hard for us to advise because every bank has their own policy on approving.

No.

Not in CCRIS, CTOS however if a summon had been issue against him/her then yes.
But haven't heard of any summons being issued on PTPTN defaulters yet.

Answer is no.


You wouldn't be listed in CCRIS. As currently CCRIS is only by financial institution.
But there's plan to include utility bills and telecommunication bills. Don't know whether it's going to be under the purview of CCRIS or under another credit repository.


No. Supplementary card wouldn't be reflected under CCRIS report.

If you did pay the minimum payment required then it meant that you paid. Thus not missed payment. So it will show "0".

No.
B will still show bad payment record in CCRIS.

Don't think so.
Because B is the one actually responsible for the payment. So it doesn't really effect A as a supp card holder.

However for mortgage then different story. i.e. A & B would be joint account. So if payment was not made towards the loan, both A & B would have reflected in CCRIS showing missed payment.

This post has been edited by b00n: Jun 9 2011, 11:17 PM

All banks would use CCRIS.
For business banking and SME, most would use BRIS or CTOS.
CTOS is still widely used because CCRIS is only a central reporting on loan facilities held by individuals or companies.

CTOS contains court noticed filed against a said individual or company be it civil related, company winding down, etc... which is not captured in CCRIS.

BRIS like I said widely used by Business Banking, SME, Corporate sides would contain more information on companies. For those who don't know what BRIS is: http://www.ramcreditinfo.com.my/

Yes if you request from their collection department.

Try to understand from the beginning what is CCRIS and what is CTOS which was mentioned countless times before. Even the post before you.

Let me repeat once again.
Every bank or better known as financial institution s required to report monthly to CCRIS on the behaviour of their customer's credit loan facilities behaviour. Be it new applications or existing customers.

What is reported is the outstanding balance, credit lines as well as payment behaviour mentioned in the post before yours. There's more which I shall skip the details because it would be too lengthy. But this 3 would reflect one's financial situation. By using this 3, each bank underwriting can easily see the risk profile of individual customers. i.e. how good a paymaster is him/her; how much Debt to Burden ratio (DBR) is one having by looking at how much loan facilities one has and what are the outstanding and lines.

So unless one doesn't have a credit facilities with the banks; his or her records would be reported by individual banks and being consolidated into one single report known as CCRIS (Central Credit Reference Information System). Take a read here: http://creditbureau.bnm.gov.my/

CTOS however is not by the government. CTOS is a company whom collects notice published in courts as well as papers and file it up to be sold off. Because not everyone has the time to go through the papers daily to look at the notice page advertised, likewise visiting the court daily to check on whether their customers had been issued summons, winding down, foreclosures, bankruptcy etc... Thus not only the banks uses CTOS, many companies whom is in the business line would check on their potential clients as well as business partners to make sure.

BRIS is another independent company which also is not by the government doing almost similar things to CTOS. However, their focus is more towards companies rather than individual where CTOS doesn't care. If I'm not wrong, BRIS had developed a score to see how credit worthy a said company is by calculating the reported financials as well as other factors; which is why BRIS is more widely known in the SME/Coporate business rather than general consumer side.

This post has been edited by b00n: Jul 2 2011, 04:49 AM

Cash advance is charged at a daily rest 18% per annum. Before one knows it; the balance would ballooned due to interest; even worst then PL

Do read more on CCRIS before giving other ppl wrong impression: http://creditbureau.bnm.gov.my/

Yes, that's how it will show and balance would decrease assuming you didn't use the card and continue to pay down the balance.
Meaning to say although you swipe for 12 months installment; it will still show your total "owed" balance. Same as personal loan or mortgage where you would have a standard monthly installment; but CCRIS would show how much the total you actually borrowed.

This post has been edited by b00n: Jul 11 2011, 02:09 PM

Whenever you apply for a credit facility - loans or cards; the banks will need to report to BNM.
Thus you will have a CCRIS report starting from the day you apply for a loan or card.

So to answer your question, yes your card balance and lines as well as when it was booked and applied plus your payment history trend is in CCRIS.

No it's not true.
So pls settle with the bank. Call CIMB up and discuss.
Once you paid it off, then that record would be taken off CCRIS.

Pls refer CTOS website: http://www.ctos.com.my/CTOSHOME/home.htm
Especially here: http://202.186.60.146/CTOSHOME/selfcheck.html

http://creditbureau.bnm.gov.my/index.php?lang=en

Specifically this link: http://creditbureau.bnm.gov.my/index.php?c...7&ac=10&lang=en