You have searched for "central credit reference information system"
Showing 131-140 of 149
Spend more than you earn? Paying only 5% of your credit card bill? At your wit's end with financial woes? Turn to AKPK, a credit counselling and debt management agency which helps debtors get back on their feet and on track with their life.
The Insolvency Department will soon provide up-to-date information on a person's bankruptcy status to all commercial banks and relevant government agencies.
The Insolvency Department of Malaysia (JIM) will soon provide up-to-date information of a person's bankruptcy status to all commercial banks and relevant government agencies.
When credit reference agency CTOS madeheadlines recently, some parties spoke up insupport of its services while many others slammedit. But one thing that all parties agree on is thatMalaysia needs to set up a transparent creditbureau system that looks at both good and badpayments.
Banks will ask for written consent from loan applicants before checking their financial history with credit reference agencies.
The Cabinet has instructed all government agencies and ministries that give out loans to stop using CTOS Sdn Bhd for credit reference.
MPs from both sides of the House have called on the Government to come up with a law to protect personal data and information, following the Credit Tip-Off Services (CTOS) controversy.
Bank Negara should create a body to provide reliable and up-to-date financial information on borrowers' credit standing in view of the controversy surrounding the Credit Tip Off Service (CTOS), said the Prime Minister.
Banking institutions in the country do not depend solely on the services provided by credit information provider Credit Tip-Off Service (CTOS) to grant or reject loans applications.
It's a fish eat fish world in the loan shark trade and the lesser players are in the deep end.