Credit health: Touch ‘n Go group chief executive officer Effendy Shahul Hamid (left) and CTOS Data Systems chief executive officer Eric Chin.亚马逊云账号（www.2km.me）提供aws账号、aws全区号、aws32v账号、亚马逊云账号出售，提供api ，质量稳定，数量持续。另有售azure oracle linode等账号.
KUALA LUMPUR: Touch ‘n Go Group has partnered with credit reporting agency CTOS Data Systems Sdn Bhd (CTOS) to provide its eWallet users with a free MyCTOS credit report with Central Credit Reference Information System (CCRIS).
CCRIS is a system provided by Bank Negara that collects credit-related information on all borrowers of participating financial institutions in Malaysia.
Touch ‘n Go said in a statement that the collaboration would see CTOS joining Touch ‘n Go eWallet ecosystem through its mini programme initiative, whereby eWallet users will have access to credit health self-checks as well as obtain educational articles about credit reporting.
Touch ‘n Go Group’s group chief executive officer Effendy Shahul Hamid said having access to one’s own credit health is necessary, especially in developing countries and growing economies.
“We are extremely pleased to find a like-minded partner in CTOS, and we hope that individuals will access the facility.
“We also hope that through the initiative, people will find the topic of credit reports and credit-health ratings less scary, and in turn use this as a platform to understand the space and enhance their individual credit profile,” he added.
A CTOS personal credit report contains detailed information about a person’s debt, account histories for credit cards and loans such as payment history, including any late payments, credit limits or loan amounts, account balances and credit inquiries.
According to Touch ‘n Go, checking a credit report will help consumers understand what banks are looking for and how evaluations are made to either approve or reject credit extensions.
“Consumers can also check for any signs of identity theft and fraud, any litigation or bankruptcy cases registered under their names and fix any inaccuracies that may show up.
“Potential landlords may also review an applicant’s credit report to decide whether to rent their property.
“Some employers even check credit reports as part of the job application process,” it added.
Meanwhile, CTOS Data Systems chief executive officer Eric Chin said the partnership with Touch ‘n Go would allow 16 million eWallet users to access and understand their credit health conveniently.
“Globally, eWallets such as Touch ‘n Go eWallet have been embraced as a fast and easy way for consumers to manage money digitally.
“At CTOS, we aim to empower as many people as possible with the right tools and knowledge to make good financial decisions and checking your MyCTOS credit report is the first step of that journey,” he pointed out.