Your Credit Score is Going Public!


Yes, you read that right: your credit score can now be accessed as easily as opening a phone app, at least for the first 100,000 app users. Malaysian credit reporting agency CTOS launched its CTOS app that provides information on your identity verification, business exposure, repayment behaviour, legal actions, case status, and bankruptcy information for the past 24 months, according ...

Read More »

Financing Your Home is About to Get Easier


The term end-financing has been cropping up quite often recently in the wake of the recently-announced Budget 2017, most notably in the promise of a step-up end-financing scheme that will make home acquisition easier for first-time home buyers. But to the initiated, what exactly is end-financing, and how does it help? End-Financing End-financing is basically a loan the average Malaysian ...

Read More »

PTPTN Cracking Down on Errant Borrowers


Featured image via Remember when PTPTN was considering blacklisting errant borrowers in the Central Credit Reference Information System (CCRIS)? Now it’s a dream (or nightmare) come true. You might want to sit up and pay attention to this one, because your credit rating isn’t something to be taken lightly. What is CCRIS? CCRIS, or Central Credit Reference Information System, ...

Read More »

Does Your Credit Score Define You?


If you’re here, you’ve probably been trawling the World Wide Web for information on personal finance, credit cards, loans, mobile phones, broadbands, or insurance. And you’ve probably stumbled upon the terms ‘credit score’ and ‘credit health’ more times than you can count. So is your credit score truly the be-all-end-all for you? Financial Institutions: YES Image via The Star Online ...

Read More »

Car Loans 101: Costs


Featured image via Etsy Unless you either have a silver spoon in your mouth or are a meticulous financial planner who’s saved up just enough to buy your car in cash, chances are you’ll be borrowing money from the bank in order to make that dream car yours. Cars are usually bought via the hire purchase method, which means that ...

Read More »

What is OPR and How Does It Affect You?


Featured image via The Star Online 2015 hasn’t been very kind to Malaysia’s economy and 2016 looks to fare just a little better. Our currency is the worst-performing currency in South-East Asia, the price of crude oil still isn’t improving too much, and the Goods and Services Tax (GST), which may help government coffers, is very burdensome to the average ...

Read More »

How to Score a Loan Despite Bad Credit


So you need cash, but you’ve made several money mistakes along the way that really botched up your credit rating and gave you a bad name among financial institutions? The prospect isn’t rosy for you, but it isn’t impossible, either. Go for a Guarantor Loan A guarantor loan allows you to piggy-back on the good credit rating of your guarantor. ...

Read More »