CTOS offers free MyCTOS report with CCRIS for Merdeka

In the spirit of Merdeka Month, CTOS, Malaysia’s leading credit reporting agency, is making a significant stride towards empowering consumers to take control of their financial well-being. From now until 31st August 2023, individuals signing up for the CTOS self-check service via the CTOS website can claim a complimentary MyCTOS Report with CCRIS. This initiative aligns seamlessly with CTOS’s ongoing commitment to aiding consumers in managing their credit health effectively.

To date, over 3 million Malaysians have embarked on a journey towards achieving better financial health by enrolling in the CTOS self-check program. Now, with the free MyCTOS Report with CCRIS, consumers gain access to a comprehensive overview of their credit health. This report offers a wealth of valuable insights, including detailed debt information, payment histories for credit cards and loans, account balances, credit limits, credit inquiries, legal cases, bankruptcies, as well as an individual’s directorships, business interests, and non-bank debts (trade references). Financial institutions and lenders widely rely on this information to evaluate credit applications, making this offer an invaluable resource for individuals seeking financial stability.

CTOS: Promoting financial literacy nationwide

CTOS has been at the forefront of promoting financial literacy across Malaysia. Through various initiatives, the organization has strived to enhance the financial literacy levels of the public, enabling them to better manage their credit reputation. This approach has yielded positive results, with Malaysian consumers gaining a deeper understanding of the significance of regular self-checks to maintain optimal credit health. Consequently, there has been a notable increase in the average credit score of the Malaysian population, rising from 663 in 2020 to 678 in 2022, reflecting a 15-point improvement.

Erick Hamburger, Group CEO of CTOS Digital Berhad, emphasized the importance of credit health, stating, “CTOS plays an important role in advocating essential credit health practices. Credit health is a vital aspect of financial well-being. It affects the ability to secure loans, get better interest rates, and even impacts various life milestones like buying a car or purchasing a home. By regularly monitoring credit reports, addressing inaccuracies, and practicing responsible credit habits, consumers can proactively strengthen their financial future.”

Don’t miss out on this exclusive opportunity to empower yourself with the essential tools required for making informed financial decisions and setting out on a path towards lasting financial success. For individuals committed to improving their credit health and securing a solid financial foundation, the Free MyCTOS Report with CCRIS is an invaluable resource.

To delve deeper into the realm of credit health and enroll in the CTOS self-check service, visit ctoscredit.com.my/freeccris2023/ today.