RAMCI

Ramci is a credit monitoring platform that empowers individuals to manage and monitor their credit profiles more diligently. With the ability to track credit scores, monitor financial records, and provide guidance on improving credit, Ramci enables you to take full control of your financial situation. With a strong reputation and continuous innovation, Ramci aims to be your trusted partner on the journey towards financial stability and success. Gain access to the tools needed to manage your finances wisely – join Ramci today.

About US

Ramci is a leading credit monitoring platform designed to provide individuals with comprehensive insights into their credit health. With Ramci, users can track their credit scores, monitor their financial activities, and receive personalized recommendations for improving their creditworthiness. As a trusted partner in financial management, Ramci offers a range of tools and resources to help users take control of their credit profiles and make informed financial decisions. Whether you’re looking to monitor your credit regularly, detect potential fraud, or improve your credit score, Ramci is here to support you every step of the way. Discover the power of proactive credit management with Ramci today.

Ramci Score

Overview of Credit Report Items

In a RAMCI credit report, various items are displayed to provide a comprehensive overview of an individual’s credit health. Among the items found in the credit report are:

1. CCRIS Entity Selected by You: As a user, you can select entities to be analyzed in the CCRIS report. The provided information includes details about approved facilities, types of facilities, and approval dates.
2. Key Statistics: Key statistics include information such as earliest approved facilities, the latest three approved facilities, secured and unsecured facilities, credit cards, revolving credits, charge cards, national higher educational financing, local lenders, and foreign lenders.
3. Summary of Banking Information: A summary of banking information includes details about potential and current liabilities, whether legal action has been taken against the account holder, and whether any accounts are under special attention.
4. Dishonored Cheque Information (Own Bank): Information about dishonored checks issued by the account holder’s own bank, which may refer to bounced checks.
5. Dishonored Cheque Information (Commercial Bank): Similar information to dishonored checks but issued by other commercial banks.
6. Detailed Credit Report (Banking Accounts): The detailed credit report provides comprehensive details about banking accounts, including credit applications, accounts under special attention, and information about credit types such as vehicle loans, personal loans, credit cards, and any filed summonses or writs.

RAMCI Credit Report

This section delves into the comprehensive credit reporting system provided by RAM Credit Info (RAMCI). Within the RAMCI credit report, various crucial elements are encapsulated, including the i-Risk Score Intelligent (IRISS), Banking Credit Information, i-Score (credit i-score), and Credit Score. These components collectively furnish individuals with a holistic view of their credit health, empowering them to make informed financial decisions.

RAM Credit Info System

RAM Credit Info, operated by RAM Credit Information Sdn Bhd and situated at Boulevard Jalan Syed Putra, Kuala Lumpur, stands as a cornerstone in Malaysia’s credit reporting landscape. The system meticulously compiles credit-related data and generates comprehensive credit reports in PDF format. By leveraging cutting-edge technology and a robust infrastructure, RAMCI ensures the accuracy, reliability, and accessibility of credit information for individuals across the nation.

Section 1: i-Risk Score Intelligent – Summary

i-Score (Credit i-Score)

In this section, we provide a summary of the i-Risk Score Intelligent and delve into the details of the i-Score (credit i-score), shedding light on its significance in assessing creditworthiness.

Information and Address in Banking & RAMCI Databank i-Score (Credit i-Score)

In this segment, we explore the significance of Information and Address in banking and RAMCI Databank concerning the i-Score (credit i-score), highlighting its role in shaping credit profiles.

Section 3: Litigation Information – Legal Suits – Subjects as Defendant & Bankruptcy Action

Here, we delve into Litigation Information, specifically Legal Suits where individuals are subjects as defendants and actions related to bankruptcy. Understanding this aspect is crucial in comprehending the legal implications on credit profiles.

Section 4: Trade Bureau/Other Credit Reference Trade Bureau/Credit Reference

This section navigates the landscape of Trade Bureau and other credit references, providing insights into their role in credit evaluation. It also emphasizes the importance of cross-referencing information for accuracy.

NOTE: The following information is provided by third-party sources for your reference. Searched subjects will also be listed if they are in a guarantor capacity. RAMCI does not guarantee the accuracy of the information. Please check with the creditors for confirmation, as alleged debts may have been settled since recorded. Users should NOT treat the information as a conclusive factor for evaluation purposes.

Account Payment Profile

Dive into the intricacies of Account Payment Profile, exploring payment trends over a 12-month period, fintech credit details, and trade/credit references, providing a comprehensive view of individuals’ financial behaviors.

Section 5: Enquiries – Financial Related Search Count

This section unveils the Financial Related Search Count, showcasing payment records for the past 3 years, including the current year and the 2 preceding years. Commercial Related Search Count Legends provide clarity on search activities related to commercial endeavors.

Section 1: Summary

Item Contained in RAMCI i-Risk Score Intelligence (IRISS)

RAMCI i-Risk Score Intelligence (IRISS) encompasses crucial components essential for assessing creditworthiness, including:

• i-Score (Credit i-score)
• Credit Score

Note: The i-SCORE serves as a comprehensive credit score, providing a numeric representation of an individual’s or corporation’s creditworthiness based on the information available in the credit files at the time of scoring. It offers valuable insights but does not solely determine credit decisions for credit grantors.

Risk Grade

Evaluated through a risk grade segmentation, the i-score range is categorized into ten risk grades, ranging from 1 to 10. A higher risk grade, such as “10,” signifies superior creditworthiness. For non-scored individuals, the risk grade is designated as “N/A.”

Probability of Default (%)

This metric predicts the likelihood of an individual or corporation being unable to repay debts within the next 12 months. A higher percentage indicates a greater risk of default.

Key Contributing Factors (KCF)

Key contributing factors play a significant role in shaping an individual’s or corporation’s credit score. These factors highlight the primary reasons why the credit score may not be optimal, listing the top two factors that negatively impact the credit score.

Non-Scored Segment

Entities falling under the non-scored segment may include scenarios where the i-score is designated as “N/A.” Further investigation is warranted to understand the factors contributing to the absence of a credit score, ensuring a comprehensive evaluation of creditworthiness.

Section 2: RAMCI Banking Credit Information

In this section, we delve into the comprehensive RAMCI Banking Credit Information, shedding light on crucial aspects that influence credit evaluations and lending decisions.

Banking Information Warning Messages

Users may encounter various warning messages within the RAMCI system, each carrying significant implications. These messages include:

• Pending Verification: Profile force added by a user awaiting verification by NRD/ROC/ROB of the profile.
• Rejected: Profile submitted to NRD for verification but rejected due to non-existence of record in the NRD database.
• Deceased: Profile submitted to NRD for verification, but according to NRD records, the individual is already “deceased.”
• Wound-up: Company reported as wound-up by ROC.

Secured and Unsecured Facilities

Understanding the distinction between secured and unsecured facilities is crucial:

• Secured Facility: Loan for which the borrower pledges assets as collateral, becoming a secured debt owed to the creditor.
• Unsecured Facility: Loan not protected by a guarantor or collateralized by a lien on specific assets of the borrower.

Credit Card and Other Revolving Credits Utilization

Assessing credit utilization ratios provides insights into credit management habits:

• Credit Card Utilization: Ratio of monthly credit card outstanding balance to total limit over the last 6 months.
• Other Revolving Credits Utilization: Ratio of all other revolving loans outstanding amount to total limit over the last 6 months.

Capacity

Capacity refers to the manner in which the loan is obtained:

• Own: Credit facility obtained by the borrower directly.
• Joint: Credit facility obtained by one of the borrowers in a joint application.
• Sole: Credit facility obtained by the sole proprietorship where the borrower is the owner.
• Partner: Credit facility obtained by the partnership where the borrower is one of the partners.
• Prof: Credit facility obtained by the professional body (e.g., lawyers, doctors, accountants) where the borrower is one of the partners.

Contact RAMCI

Experian Information Services Malaysia Sdn Bhd
17-9 & 19-9, 9th Floor, Mid Valley Megamall
Lingkaran Syed Putra, Mid Valley City
59200 Kuala Lumpur

Tel: 03-2615 1128

Fax: +603-2284 8808