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CCRIS is a centralized system under Bank Negara which compiles data on your outstanding loan amount and payment history for the past 12 months, at any given time. Any records older than 12 months are “purged”. Everyone has their CCRIS report which can be retrieved by financial bodies and by the individual himself, but not by other people. In other words, your eligibility for loan has nothing to do with how well you know your banker (although that *might help?).
The Credit Bureau is legally empowered to collect credit information about you from these financial institutions.
However, the Credit Bureau simply reports and does not “judge” your creditworthiness. Also in all fairness, information on rejected credit applications is not reflected in credit reports so that one bank will not be biased by the prior decision of another bank. Your CCRIS information could in fact be treated differently and subjectively by each financial institution.
Steps to obtain CCRIS report
- Go to CCRIS kiosk at Bank Negara
- Use your MyKad for fingerprint verification
- Print the report.
Soon, you are also able to print your CCRIS at Credit Bureau Malaysia (formerly known as SME Credit Bureau) which is currently located at Level 5, Bangunan CGC, Kelana Business Centre, 97 Jalan SS7/2, 47301 Petaling Jaya, Selangor Darul Ehsan.
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