Refinancing is a process that property owners could engage to unlock the full value of their properties. To initiate the process, the bank would request a valuer to perform a valuation on the property and proceed to offer up to 90% of the property value as loans, with the property being used as a collateral.
CTOS and CCRIS are alike, but not the same. While both collect individuals credit records, CTOS extends further by by collecting information from multiple sources, namely utility and servicing companies, as well legal actions taken against the individuals. CCRIS on the other hand is limited to collecting credit related records gathered from financial institutions. CTOS CTOS is one