You can do a self check at CTOS office. Its free. Then get consultation from the CTOS personnel.

Cheers!

This has been one great thread on finance. In the end, lesson is, manage your finance properly.

I've had a bad start thus a bad financial reputation for the past few years, settling it wasn't easy. All started with an "innocent" 5K loan which I defaulted (this was 7 years back) Which ended up me having to pay 12K settlement and still have my credit report showing bad. Then, i have one credit card, an amex. Other than that, have been juggling with life just to make ends meets. Recently, I managed to settle what's remaining of the past 7 years of financial misery. I though it's a clean sheet for me now. for 2 months free of any loan repayments or bank calls. However, I decided i need a new transport as my current one is getting to the stage of uneconomical to maintain.. and guess what.. Loan rejected.

Not sure why, 60K loan and I earn 6k per month, with no commitments, and only 1 charge card (which is a company card). I guess it's the old records haunting me eh.... Maybe I'll just have to wait for a couple of months before the creditors finally agrees I'm a changed man (financially). Life's a b*tch.

My advice to youngsters, fresh grads, hold back the temptation for a fancy new gadget, nice expensive car or simply ez cash. You're like a clean white financial cloth, only stain urself with what u can clean up... if u jump into the mud, it's a struggle to get out.. and then, there's cleaning up the mess...

Just to share my experience.

1. Three years ago my wife bought a car and I was the guarantor. Hers financial record was "flawless" but it wasn't enough to approve the loan. You see, I was the one holding it back. The Public Bank officer called to tell that I've an outstanding loan amt with MARA. Huh! I was quite surprised to hear that. How did they every found out? The loan was actually for a computer scheme that the company introduced to their students several years back and had been cancelled since. Anyway, the officer told me that record showed that I still owe MARA RM1k but he couldn't give me anymore detail. He can only see the company I owed and the amt. Luckily I've fully settled the debt a few months back and got the receipt to prove it. He asked me to fax it to the bank. Afterthat, my wife's application was duly approved.

Moral of the story: Even small/unrelated loan such as MARA computer scheme (eventhough Im just the guarantor) can make the bank reject a loan application. I believe the record is in CTOS. So be aware.

2. Last week, I went to a car showroom. As my family is growing I need to get a bigger car. But no rush though. Plan to do so in a few mths time. Anyway, I told this to the salesperson and she was quite ok with it. She even advised me to ensure my financial record is "clean" as the other day one of her client's loan application was still pending approval due to his outstanding Streamyx bill. He has to clear that debt first.

I always been wondering what kind of financial records that a bank can see when they process your application. After reading through this 23 pages of comments I sort of beginning to understand. In the past banks have rejected several of my credit card, housing as well as car loans. And, I had to go through several other banks, wasting money and time, till my applications were approved. Don't want to go through that with my upcoming car loan application. So...

I still owe TM RM100+ from a cancelled service. Will pay once I get my paycheck this mth.

Also, will go to CRISS and CTOS soon to find out if there are any problems. Need to update CTOS will my MARA loan status. And, will settle any problems first before I buy the car.

what time of CTOS office operating hour anyway?...tried search at their website but couldnt find any...i would like to register for online self check...

They are just a service provider and people who subscribe to their service will need to pay in order to use it.
So i think you should blame on the demand from the subscriber.

Sorry for asking this question.

I had RM25k credit card outstanding, it's not that I unable to pay, it's just that I BT and EPP it ... I have 0 overdue amount and my CCRISS is clean.

So, if now I going to apply loan a hire Purchase Loan, bank will pull a CCRIS report and the RM25k will appeared although I got 0 overdue amount. So take as consideration, 5% of RM25k min payment is Rm1250 for the commitment.

I wonder, is that possible I pay RM25k into the credit card without cancelling my BT and EPP to avoid penalty charge, so that the CCRISS report print out will show my outstanding balance is 0.

Then after the hire Pucrhase approve, can withdraw bank out.

anybody done a self-check via CTOS online before?

I think you need to be  member before you can check. Usually lawyers does the checking

No need to waste time to go to their office... Just become member then sent copy of your IC when requested... Then after they gave confirmation you can do self check online.

dear all sifus, please comment.....

Lately, I hv an ex-colleague would like to apply for car loan but he had defaulted credit card years ago.......
He made full settlement to clear off this CC debt and applied for car loan 2 weeks later....and now he's clear of any debts, living without debt, no credit card, no car and house loan....
He's working for a bank now and applied for car loan under staff rate....

What is the chances his car loan application would be approved?

Hi , i'm trying for a car loan and i have also check my CCRIS and i dont have any creadit history as i have not take any loan . The bank officer said must create credit history then only have a higher chance of getting the loan. Has anyone encounter this before ?

i done a selfcheck on CTOS .. nothing appear in the report.. seem a bit weird...

SECTION A - IDENTITY NUMBER VERIFICATION
--- No Data Available Here ---
SECTION B - INTERNAL LIST/GROUP EXPOSURE
--- No Data Available Here ---
SECTION C DIRECTORSHIPS AND BUSINESS INTERESTS
--- No Data Available Here ---
SECTION D
--- No Data Available Here ---
SECTION E - TRADE REFEREES & SUBJECT'S COMMENTS
--- No Data Available Here ---

CCRIS kiosk open on weekends to check?

Even if credit card/loan late payment after 1 day of the due date, CCRIS considered as 1 in the report. Some still said that if due date is 1st each month, then you make payment before 30th (or within the same month) then your CCRIS will still show 0 . Because you still not One Month late payment. So confusing!

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Added on January 1, 2013, 7:08 pmEven if credit card/loan late payment after 1 day of the due date, CCRIS considered as 1 in the report. Some still said that if due date is 1st each month, then you make payment before 30th (or within the same month) then your CCRIS will still show 0 . Because you still not One Month late payment. So confusing!

Bank Negara Malaysia wishes to announce that effective 18 February 2022, Malaysian individual new users may now directly register for eCCRIS at eccris.bnm.gov.my, without the need to walk into a BNM or Agensi Kaunseling dan Pengurusan Kredit (AKPK) office.
https://www.bnm.gov.my/-/eccris-digital

This is from, .....

Check Your CCRIS Online (eCCRIS)
The service is free to use but requires initial in-person registration at any branch of BNM Malaysia.

Once registered, you can check your CCRIS report at leisure through the dedicated online eCCRIS portal.

With this facility, you no longer need to go to the counter and can only get your credit report online.

To register for eCCRIS, please follow these steps:
https://www.google.com/amp/s/www.therakyatp...o-the-bank/amp/