CTOS empowers Malaysians with free MyCTOS report

In a move aimed at empowering Malaysians in taking control of their credit health, CTOS, the nation’s largest credit reporting agency, has launched a month-long campaign offering a complimentary MyCTOS Report with CCRIS to consumers. The campaign, which runs from February 21 to March 21, 2024, encourages individuals to sign up for the CTOS self-check service via the official website.

The MyCTOS Report with CCRIS stands out for its comprehensive nature, encompassing not only standard CCRIS figures such as debt data and payment histories but also proprietary CTOS information. This includes details on legal cases, bankruptcies, directorships, business interests, and non-bank debts, providing a more holistic view of an individual’s financial standing. Financial institutions and lenders often rely on this data to evaluate credit applications.

Joining hands with like-minded partners, RinggitPlus and iMoney, CTOS aims to amplify consumer awareness about the campaign. This collaborative effort seeks to promote financial responsibility and empower Malaysians to make informed decisions about their credit commitments.

CTOS Paving the Way for Financial Health

Erick Hamburger, Group CEO of CTOS Digital Berhad, emphasized the significance of understanding one’s financial situation, particularly during major festive seasons like Chinese New Year and upcoming celebrations such as Raya.

“Major festive seasons are times when we tend to spend more. As a nation, we have just celebrated Chinese New Year and Raya is around the corner, making it even more important to know our financial situation. An easy way of understanding your current credit commitments is by checking your credit report. Through the free MyCTOS with CCRIS campaign, we can give a helping hand to consumers to understand their credit capacity, detect potential fraud, and assist them to make better financial plans for a better future,” explained Erick Hamburger.

Since the launch of the CTOS self-check service, more than 3.6 million Malaysians have taken the initiative to enhance their financial health. CTOS has been actively contributing to financial literacy programs across Malaysia, fostering a deeper understanding among consumers about the importance of regular self-checks in maintaining a positive credit reputation.

To participate in the campaign and claim the Free MyCTOS Report with CCRIS, interested individuals can sign up on the CTOS website at ctos-cares-2024.

For those seeking their CTOS Score, a key indicator for creditworthiness, visit credit-score-report.

As Malaysians gear up for festive celebrations, CTOS strives to equip them with the tools and knowledge needed for sound financial planning and improved access to credit.