Checking My CTOS Score for the First Time

Amongst the basic things that I’ve always heard people saying in this personal finance world is to keep your credit score high. Naturally, I became curious to see how I do credit-wise.

So of course I have to check my CTOS score.

The process was super easy and convenient:

1. Create CTOS ID Account – details needed: full name, IC number, email, mobile number, AND video selfie of me holding my IC
2. I purchased MyCTOS Score Report for RM23.44 – online payment
3. And I immediately received the report and invoice vide email

And this was the result –

According to iProperty’s chart here, my score is viewed ‘very favourably by lenders’.

And according to MyCTOS account –

This 781 score was derived from my car loan and credit card. My credit summary from my CTOS account –

I might have trouble controlling my spendings and making money, but guys ~ I pay my debt in time ~ No missed payment! Give me extra credit… or maybe not.

There are so many comprehensive contents out there on CTOS, so if you are interested, here you go. For further read:

• Everything You Should Know About CTOS – Loan Street (If you want to see categories of information that a CTOS Report contains)
• CTOS Score Malaysia: What Is It, And The 4 Steps To Improve It! – PropertyGuru (So I learned how CTOS score is broken down – 45% of your score is based on payment history; 20% on outstanding amounts owed; 7% on the length of your credit history; 14% on your credit mix; 14% on new credit)
• What is CTOS? How do I get my credit score and check my CTOS report? – iProperty (“A good credit score can increase your chances of getting a loan, get you better interest rates and speedier loan approval, among other things.”)
• Check Your Malaysian Credit Score for FREE With CCRIS & CTOS – Balkoni Hijau (I learned from here – AFTER paying the RM23.44 – that the free version is actually enough for most people to have a rough idea where they are credit-wise)

Go check yours if you’re curious as well.

Let’s continue figuringgitout.