When you apply a loan, the loan application form will have incorporated the clauses which allow the bank to do a CCRIS / CTOS (& other background search) search on you once you sign on the dotted line.

Sorry don't quite understand "you apply / request for credit report" - you mean you ask for a copy of CTOS and CCRIS report from the banker while you apply loan?

I c... no harm to fill in the form to extract the CCRIS report direct from BNM.

Afaik, the banks are now required to submit their CCRIS data to BNM by 10th each month. It was 15th earlier.

The reporting is based on the position of the last day of previous month.

This post has been edited by Jasoncat: Dec 24 2014, 10:49 PM

I believe still can...

If I'm not mistaken, the banks do set their internal criteria. Assuming the credit card / other credit facilities repayment record is clean and pass the criteria when the system do the review in batches, the cards will be auto renewed upon expiry. If fail to pass the criteria, then they may reassess the case and cards may not be renewed.

Perhaps some one who have experience in credit card processing can tell.

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

CCRIS doesn't only show up to 3.

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.

Bank won't entertain client's request to update the CCRIS record earlier than their normal schedule.

If you have non-satisfactory payment records of your credit card in the past 12 months, even if clear your card outstanding, the bad records for the latest 12 months will still appear on the CCRIS.

Don't quite understand what you mean by that.
Both CCRIS and CTOS serve different purposes and both can search for either individual or company.

CCRIS - no.
CTOS - unless legal action is taken on the unit owner then it maybe captured.

It depends on the authorisation granted under the board resolution who is / are required to sign / execute the documents pertaining to account opening, borrowing etc.

130,000 peminjam ingkar PTPTN disenarai hitam Selasa ini

source: The Malaysian Insider

Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) akan menyenaraikan lebih 130,000 peminjam yang gagal menjelaskan pinjaman ke dalam Sistem Maklumat Rujukan Kredit (CCRIS) mulai Selasa, lapor akhbar Berita Harian.

Akhbar itu mendakwa, nama semua peminjam berkenaan sudah dihantar ke Bank Negara sehingga 26 Mei lalu dan akan dimasukkan dalam CCRIS pada 16 Jun ini.

“Peminjam culas yang namanya disenaraikan dalam CCRIS akan menghadapi masalah untuk mendapatkan pinjaman daripada mana-mana institusi kewangan negara ini.

“Ini termasuk pinjaman sewa beli kenderaan, perumahan pembiayaan peribadi dan kad kredit,” lapor akhbar itu hari ini.
Pengerusi PTPTN Datuk Shamsul Anuar Nasarah pada Mac berkata jumlah kutipan bayaran balik agensi itu mencecah RM5 juta sehari.

Katanya, peningkatan itu hasil beberapa tindakan yang dilakukan PTPTN bagi memastikan peminjam tegar membuat bayaran balik.

"Kita sedang mengkaji untuk melakukan beberapa penambahbaikan terhadap pendekatan yang dilaksanakan kerana kutipan yang kita peroleh meningkat dengan begitu ketara sekali.

“Sebelum ini, jumlah kutipan ialah RM800,000 sehari dan selepas tindakan, terdapat lonjakan yang tinggi dalam jumlah kutipan sehingga mencecah RM5 juta sehari, iaitu peningkatan lebih RM4 juta," katanya seperti dilaporkan Bernama.

Selain menyenaraikan nama peminjam ingkar ke dalam CCRIS, PTPTN juga menyalurkan nama peminjam yang berkenaan kepada Jabatan Imigresen untuk dihalang ke luar negara.

No prob, sharing is caring

Yes, it takes such a long time for implementation. I'm wondering how far the records of PTPTN loan defaulters do they keep. Since it was 1st introduced? If they only manage to retain those recent records then still a number escape from paying...

If it's CTOS issue, you likely won't get your loan approved last year. Possibly your debt serving capability is weak by measures of DSR, hence rejection of your credit card application.

Debt service ratio is the ratio of your total debt repayment obligation over your net income. To improve the ratio, it's either you cut down your borrowings or increase your income but this cannot be changed in just overnight in most cases.