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[INFOGRAPHIC] Differences between CCRIS and CTOS

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. 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 all 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 with the mission to provide simple, safe and affordable financing to all hardworking adults. We help borrowers to find, apply and receive financing that most suit them. Our service is 100% free.


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