Malaysians pass credit test, says CTOS chief

CTOS consumer credit report showed a positive improvement over the past three years.

SHAH ALAM: Malaysians are on the right track in terms of their financial health despite having to deal with post-pandemic challenges, says CTOS Data Systems Sdn Bhd chief executive officer Eric Chin.

He said Malaysia’s CTOS consumer credit report showed a positive improvement over the past three years, with the average score rising from 663 to 678.

“The higher the score of an individual, the better the chance to obtain a loan,” he said in a media briefing after the signing of a collaboration agreement between Kekal Impian Sdn Bhd and CTOS Data Systems yesterday. — Bernama