Credit History? Credit Report? Credit Score? What does it all mean? A credit history is a record of the credit accounts you hold along with details about those accounts including: the type of account, your responsibility on the account (e.g. whether you were a joint borrower), the credit limit or amount of the loan, the […]
CTOS, the leading credit reporting agency in Malaysia, has today announced a partnership with CompareHero.my, a local personal finance platform. Through the partnership, all Malaysians will be able to access a free credit score assessment, to help them better understand their creditworthiness. This serves as the building blocks of future innovation within the financial space, […]
Applying for a credit card is not difficult. However, before applying for a credit card, you need to understand the features and type of credit cards in the market to suit your personal financing needs. We will guide you on how to apply for a credit card through different channels and the standard procedures involved. […]
If you’re like the majority of young Malaysians who are living with high levels of debt, one of your financial resolutions is to settle your debt and make progress towards the overarching goal of financial freedom.
Credit cards definitely do come with their own benefits and challenges, which can make it even more exciting for first-timers. Firstly, it’s a huge milestone to be able to get that card, and secondly, it’s a big adjustment. We don’t mean to scare anyone but credit cards do come with significant risks if it’s used […]
If you are one of the unfortunate bankrupts in Malaysia, this is not the end of the world. Some even find relief from declaring bankruptcy since they can get proper help from the authorities such as The Credit Counselling and Debt Management Agency (AKPK) and own up the responsibilities to repay their debts under the […]
We’re not talking about the “Confessions of a Shopaholic” kind, where people are basically addicted to spending money they don’t have. We’re talking about people who repeatedly apply and cancel credit cards to earn rewards, bonus points, cashback and free gifts. This practice is also known as credit card churning. There are ways of maximizing […]
In today’s era of digital and cashless transactions, credit cards became a way of life. The big question is – should we have multiple credit cards? Is it good to have multiple credit cards? The most common school of thought will say NO since the credit card is always associated with mounting debts. However, this […]
Tidak dapat dinafikan, kad kredit dan juga pinjaman peribadi banyak membantu untuk menampung keperluan wang. Kebelakangan ini, pegawai-pegawai bank yang menawarkan permohonan dann meluluskan kad kredit boleh dilihat dimana-mana, bukan sahaja di bank. Keistimewaan seperti kelulusan yang mudah dan cepat serta cenderamata percuma disediakan untuk menarik pemohon baru. Tetapi, bagaimana pula jika anda memiliki rekod […]