[INFOGRAPHIC] Differences between CCRIS and CTOS

(This article was originally published on the 12th March 2019 and updated on the 25th Mac 2021).

CCRIS and CTOS are some of the crucial terms that are often mentioned during loan and financing application processes. However, many of us are not clear on the dividing line between these two. So, what are the differences between CCRIS and CTOS that we should know?

Central Credit Reporting System or CCRIS is a report issued by Credit Bureau of Bank Negara Malaysia. It tracks our loan repayment behaviour for the past 12 months based on a monthly report by financial institutions. Moreover, CCRIS portrays information regarding outstanding payments, special attention accounts, and loan application statuses made by individuals.

On the other hand, Credit Tip-Off Services or CTOS is a report issued by CTOS Data Systems Sdn. Bhd, which is a private company. It complements CCRIS by providing information on legal matters such as bankruptcy, legal actions, and case status. It also portrays the individual’s involvement in businesses and corporations. In short, CTOS delivers additional details that could not be found in CCRIS report.

To find out more information about the differences between CCRIS & CTOS, read our article – What is CCRIS and CTOS?

This infographic is prepared by Direct Lending, an online personal lending platform that provides bank and koperasi personal loan. If you are a government servant and you do have a bad CCRIS, CTOS record or listed under the SAA and AKPK programme, we can help you to source the best koperasi loan that fits your financial needs. Check your eligibility with us today. Our service is 100% free.

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