CTOS Check Malaysia

When you apply for a loan, the financial institution or any lender has to check through your credit history before approving the loan. That is where credit reporting agencies like CTOS come into play. Basically CTOS is a database of credit histories of individuals, groups or organizations collected from numerous different sources. This system was developed with the aim of giving creditors a platform to determine the credit worthiness of potential debtors thus minimizing the possibilities of non-performing loans.

Our CTOS Credit Manager enables you to Evaluate, Monitor and Recover (E.M.R) your clients. With our Credit Manager software, you can create electronic credit reports on your clients. You can also upload, update or edit and retrieve your clients’ records whenever you want, easily and at little to no cost.

We also give loan applicants a channel to view and update their credit report. You can do this through MyCTOS Report. All you’re needed to do is register with CTOS, download your report, update it then upload it again. All this is necessary to give you better chances of your loan application being approved.

One major misconception people have about CTOS is that we have CTOS blacklist checks that make recommendations to businesses and organizations on who to lend to. As a matter of fact we don’t do that, what we do is just to provide information about individuals and/or businesses to help lenders decide whether to approve or reject the loan application. We never really give recommendations.

You as an individual or a business owner can check your credit report or CTOS black check online through our website for free. It is advisable to do this before you apply for any loan as you don’t want to have it rejected due to a “CTOS issue”. It is very important to have both your CTOS and CCRIS reports clean if you intend to apply for any loan.