Deep, deep dive
What types of credit reports are there?
Different credit reporting agencies may produce credit reports with different types of information in them. Generally, here are a few different types of credit reports you can get:
- You can get a basic credit report at Bank Negara Malaysia (BNM) branches or online via eCCRIS for free. It will list all outstanding loans related to your name, whether any of these loans are under close supervision of the related financial institutions (called ‘Special Interest Accounts’) and any loan applications you have made in the past 12 months.
- Some credit rating agencies also provide free basic credit reports that contain information such as identity verification details, directorship and business interests, dishonoured cheques, trade referee listings and litigation information. You can get a free report from a credit report agency like CTOS here.
- Alternatively you could pay for a full, comprehensive credit report that contains detailed information from, both, points 1 & 2. On top of this, they may also give you a ‘credit score’ that reflects your creditworthiness.