just to correct you a bit..CTOS obtains their record and info from public domains such as the following:-

a)Newspaper
b)Court Notice Boards
c)Court Officers
d)Summons issued to borrowers
e)Judgments obtained against the debtors
f)Insolvency Office
g)Liquidators Office
h)Other relevant government offices

Credit card companies are also financial institutions themselves..And they are the one who use the services of CTOS the most..How can they be providing sole info to CTOS...

Nowadays if your name appears in CCRIS, you may still be considered f you ever apply for financing but in the event you name appears in CTOS..then you are finished..trust me its not that simple..

Just for the info of everyone out there..Your name only appears in CTOS when a civil suit (which includes bankruptcy) is initiated against you in the event you are a hardcore defaulter.

ya thats correctif you do a single search. The Bank may request to do history check on you which will show previous years history

the reason BSN Bank Rakyat MBSB and Bank Islam is more relaxed on this is beacause you will have to provide a guarantor for the ficilities taken from them..not as easy as other commercial banks..obatining or even trying to obtain a guarantor nowdays is nearing impossible especialy with the 8% inflation rate and economic dowturn we are currently facing..