The biggest cargo people carry these days is debt. Borrowing, including the use of credit cards, is habit-forming. Once you get caught in the habit, you run the risk of spending more than you can really afford.

We have received many inquiries from our customers on how to improve their CCRIS report (Central Credit Reference Information System) records.

“Your loan is rejected because you have a bad CCRIS or CTOS record”. Have you been told this before by a bank officer? And you are wondering, “What is CCRIS and CTOS?”.

Applying for a personal loan is easy and convenient these days. Why? This is because you do not need to provide any collateral or offer security to obtain cash.

A typical conventional bank earns money from interest by lending out money to consumers.

CCRIS and CTOS are some of the crucial terms that are often mentioned during loan and financing application processes.

What happens to your debt when you die? As grim as it may sound, this is something that a loan borrower should give a serious thought.

The Reference Rate Framework was introduced in 1983, where the Base Lending Rate (BLR) was used as the reference rate for retail floating-rate loans.