A credit report is a detailed record of an individual's or a company's credit history and financial behaviour. Credit reports are compiled by credit reporting agencies (also known as credit bureaus) based on data provided by lenders, creditors, and other financial institutions.
You may also wish to read our other FAQ, "Why these documents," to learn more about why credit reports are required, and here for the definition of a moneylender, as the public is still often confused about what a moneylender is despite changes made to the Moneylender Act in the early 2000s.
To get your MLCB credit report, go to https://www.mlcb.com.sg/buy-loan.html (Not to be confused with the CBS report which is a separate industry update from all retail banks and some financial institutions.)
Please note your MLCB is required for the lenders to give you an accurate quote, this applies regardless of any intermediaries. Intermediaries who choose not to collect your MLCB/CBS when required, are likely to be giving you only an indicative offer based on an incomplete assessment or may require you to furnish it later, which could delay your application process. Or you might be heading down to the lenders based on the indicative quote and upon requesting your MLCB/CBS on the spot, have to turn you away due to your DSR.
In many countries, such websites are being sued for being misleading or click-baiting, especially when there's no actual comparison taking place. Learn more about how FindTheLoan.com works differently from comparison websites and loan brokers.
Please note that while MLCB’s FAQ states a moneylender can purchase the report on your behalf, this is only applicable when you are applying with the moneylender in person at their physical location, as the process requires your Singpass login. (Accurate as of September 2024)
Please click download instead of right-click to save or print whenever such a button is available, as many banks and lenders would prefer these documents to be in PDF especially if use machine scoring.
For any technical issue, please contact mlcb.cs@creditbureau.com.sg