not sure how many of u know of this...
Credit Bureau (Singapore) Pte Ltd (CBS) is
Singapore's consumer credit bureau. It is a joint venture between
The Association of Banks in Singapore (ABS) and DBIC Holdings Pte
Ltd. The setting up of a consumer credit bureau in Singapore is in
line with the Monetary Authority of Singapores vision to enhance
the Republic's risk management capability.
Since 2002, the Banking Act has allowed Credit Bureau (Singapore)
members, which include banks, credit card companies and other
financial institutions, to disclose credit-related information to
and obtain such information from Credit Bureau (Singapore) for the
purpose of checking on their existing and prospective customers
creditworthiness. These member banks and credit card companies must
first be recognised by MAS.
Credit Bureau (Singapore)s goal is to help credit providers make
better lending decisions quickly and more objectively. To do this,
Credit Bureau (Singapore) aggregates credit-related information
amongst participating members and presents a more complete risk
profile of a customer to credit providers. This helps credit
providers to determine the likelihood of the customer repaying,
thus enhancing their risk assessment capabilities.
www.creditbureau.com.sg
u can obtain ur own credit report. (fee involved)