Tuesday, August 08, 2006

[RealEdge] CNA : Consumers to get instant access to credit files online from next month

Singapore News
 
 

Consumers to get instant access to credit files online from next month
By Loh Kim Chin, Channel NewsAsia | Posted: 07 August 2006 2243 hrs

 
 

   
 

SINGAPORE : Consumers can get instant access to their credit files online from next month.

But they will need their SingPass identification and PIN number to access the confidential information.

Credit Bureau Singapore will launch the new service called My Credit File - Online.

The facility allows consumers to log on to the Credit Bureau Singapore website to view their personal credit records and payment histories.

Consumers can continue to have a choice of getting a copy of their report either from SingPost or from the bureau's head office in Shenton Way.

Another alert service, My Credit Monitor, will be available on-line in the coming months.

My Credit Monitor notifies consumers - through e-mail or post - each time a lender makes an enquiry on their file or if a missed payment is loaded on their file.

My Credit Monitor allows consumers to check that delinquency reports are accurate and also warns them of potential fraud. - CNA/ms

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