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Can I seek MAS' assistance to direct the licensed credit bureau to amend my credit score?
A credit score is an independent assessment of the credit risk of an individual derived by a licensed credit bureau. MAS does not prescribe the manner in which a licensed credit bureau should derive and provide the credit score of an individual. Therefore, MAS is unable to direct any licensed credit bureau to amend your credit score.
Nonetheless, it is the duty of a licensed credit bureau to explain to you how your credit score is derived and how it meets the objective of providing a factual and accurate record of an individual’s credit history.
If you have queries about your credit score, please contact the respective licensed credit bureau directly for clarifications.
Nonetheless, it is the duty of a licensed credit bureau to explain to you how your credit score is derived and how it meets the objective of providing a factual and accurate record of an individual’s credit history.
If you have queries about your credit score, please contact the respective licensed credit bureau directly for clarifications.
This information is sourced from MAS.
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