Why might a bank reject a loan application based on a CCRIS report?
Your credit report records current and past debts, including payment history. Banks consider your ability to repay loans and other information when assessing creditworthiness.
Frequently asked questions
Common questions.
Answers about credit reports, DSR and the information involved in preparing for a home loan.
Last updated 1 June 2021
What information does a TechRevo credit report provide?
The report covers credit information and history, public-record information, business exposure and total commitments. It also provides DSR and maximum loan eligibility calculations for participating banks in Malaysia.
What may affect a loan application?
Factors can include legal cases, missed repayments, high credit-card utilisation, high DSR, frequent recent applications, special-attention accounts or bankruptcy listings.
How accurate is the TechRevo calculator?
Eligibility outputs are indicators based on the information provided and bank criteria. They do not guarantee a bank approval.
I was rejected by a financial institution. What should I do?
Identify what contributed to the rejection and consider addressing those issues before another application. It can take time to improve a credit record.
Can I be refused credit even with a good credit score?
Yes. Lenders may use different criteria and assess a range of factors beyond the score alone.