A common misconception is that there’s no way of knowing whether your loan application will be approved or not beforehand. If your application is rejected, you are often left in the dark as to what the problem was with your creditability as a borrower.
Fresh graduates leaving varsity have their whole lives ahead of them. From building up their career, to working towards achieving their financial goals, such as buying their first car and their first home.
In the current economic climate, it is increasingly important for the average Malaysians to know about how their credit report works and how the reports can affect their finances – positively and negatively.