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Installment transactions make up more than half of CIC credit data

STATE-RUN Credit Information Corp. (CIC) said installment transactions dominated Filipinos’ credit reports as more than 36 million of the 56 million contract data it gathered had this mode of payment.

CIC’s credit reports now available for P10 each

FINANCIAL INSTITUTIONS can now avail credit reports from the Credit Information Corporation (CIC) for an introductory fee of P10 until March 2020.

More banks, institutions submit credit data to CIC

STATE-RUN Credit Information Corp. (CIC) has reported an increase in registered financial institutions and those regularly submitting credit data for its credit information database.

CIC and the road to bridging the credit information gap

“THE MORE information [and] the more open the information is, then the more protection there is for both the borrower and the lender…”

CIC targets to collect two million data subjects for credit registry

STATE-RUN Credit Information Corp. (CIC) eyes to onboard two million data subjects in its credit information system within the year as it is set to collect from large government-owned and -controlled companies (GOCC).

Credit information system up by December

STATE-RUN Credit Information Corp. (CIC) has pushed back anew the full launch of the country’s centralized credit information system as it is set to give access to select individual borrowers.