Find Out Your Credit Worthiness – Rolf’s Credit Bureau Report

Have you been receiving telemarketing calls lately from people asking if you want to borrow money at low interest rate? If yes, then you probably felt quite annoyed at times. However, the good news is likely because you have good credit worthiness. 

How do these financial companies assess your credit worthiness?

Do you know that for S$6.42, you can purchase your own credit report using your singpass via electronic payment.
Here is the website
Your credit report is a record of your credit payment history compiled from different credit providers. CBS will provide credit data to its members (credit providers such as banks etc) to help them to determine whether or not the person applying for credit is a good credit risk. Examples of credit applications includes credit card, motor vehicle loan, housing loan etc. In doing this, lenders can make better lending decisions quickly and objectively. 

In 2014 July, I bought my first credit report and blog about it. Refer to blog article: My Credit Report from CBS

Today, I bought my credit report again.   

Attach to each Credit Report is a Credit Bureau Score. A Credit Score is a number used by lenders as an indicator of how likely an individual is to repay his debts and the probability of going into default. It is an independent assessment of the individual’s risk as a credit applicant.
The Bureau Score is calculated from an algorithm based on information in your current available credit data and is a fluid number which may change from time to time in tandem with changes in your credit information. This information is provided by and collated from various sources.
The Bureau Score can range from 1000 – 2000 for risk grades AA – HH. Score and non-scored risk grades are shown in the table below. The score ranges from 1000 to 2000, where, statistically, within the next 12 months, individuals scoring 1000 have the highest probability of defaulting on a repayment, whereas those who score 2000 have the lowest chance of reaching a delinquency status.


The Bureau Score is meant for use by Members of Credit Bureau (Singapore) Pte Ltd as one of the many factors considered for the purpose of assessing the credit worthiness of their customers and would not be recommended for any other purposes including, but not limited to, employment checks, employee assessments and monitoring.
The Bureau Score or this Credit Report does not draw any conclusions or make credit decisions for financial institutions. The Bureau Score is only one of various pieces of information used by financial institutions in their credit assessment process. The use of the Bureau Score by a financial institution for credit assessment is entirely optional. Each financial institution has its own internal credit score and risk profile for each applicant including the applicant’s financial and demographic information. Credit Bureau (Singapore) Pte Ltd is not involved in any way in the credit decision process of the financial institution.

Related Posts

3 thoughts on “Find Out Your Credit Worthiness – Rolf’s Credit Bureau Report

  1. Hi CDD, thanks for the good info for others to enjoy this service! I miss that completely!

    I already bought the CBS report and I dun think J will apply more credit card! Still, always good to know. Tks

  2. TESTIMONY ON HOW I GOT MY LOAN FROM A GENUINE FINANCE COMPANY LAST WEEK. Email for immediate response: [email protected]

    I am Mrs,Leores Jazbel by name, I live in United State Of America, who have been a scam victim to so many fake lenders online between November last year till July this year but i thank my creator so much that he has finally smiled on me by directing me to this new lender who put a smile on my face this year 2020 and he did not scam me and also by not deceiving or lying to me and my friends but however this lending firm is BENJAMIN LOAN INVESTMENTS FINANCE ([email protected]) gave me 2% loan which amount is $900,000.00 united states dollars after my agreement to their company terms and conditions and one significant thing i love about this loan company is that they are fast and unique. {Dr.Benjamin Scarlet Owen} can also help you with a legit loan offer. He Has also helped some other colleagues of mine. If you need a genuine loan without cost/stress he his the right loan lender to wipe away your financial problems and crisis today. BENJAMIN LOAN INVESTMENTS FINANCE holds all of the information about how to obtain money quickly and painlessly via Call/Text: +1(415)630-7138 Email: [email protected]

    When it comes to financial crisis and loan then BENJAMIN LOAN INVESTMENTS FINANCE is the place to go please just tell him I Mrs. Leores Jazbel direct you Good Luck…………………..

Leave a Reply

Your email address will not be published. Required fields are marked *