Where does DP Credit Bureau get the information? DP Credit Bureau consolidates debtors' information mainly from members. This is complemented with data from public record sources, like statutory and identity information.DP Credit Bureau was introduced in May 2002. As of 1st quarter of year 2005, we have no less than 200 contributing DP Credit Bureau members.



How is DP Credit Bureau different from the Bank's Credit Bureau? The Credit Bureau of Singapore is a consumer credit bureau only for the banks. Other non-bank entities, such as retail stores, insurance companies and healthcare providers are not allowed to participate. DP Credit Bureau consists of non-bank credit providers as well as companies in various industries that extend credit to individuals or corporations. The information on a borrower's payment is securely stored by DP Credit Bureau and supplied to other member companies on request.Lenders evaluate your credit worthiness when you are applying for credit utilizing what is known as a credit bureau.

Who can access the information in DP Credit Bureau? Only approved DP Credit Bureau members have access to credit histories. The restriction ensures that access is restricted and not abused. All authorized users will have unique ID and passwords to identify themselves before they are allowed to execute a search.A credit bureau, or credit repository, is an entity that gathers information about consumers' credit histories. Your credit history includes information concerning your identity, your payment habits, and your public record. Credit bureaus sell credit reports to credit grantors, such as banks, finance companies, and retailers. Credit grantors use credit reports to determine whether or not a potential borrower is creditworthy.DP Credit Bureau is a fair and formal information-sharing platform.

What is DP Credit Bureau? DP Credit Bureau is an independent entity that administers a comprehensive database of information relating to a consumer's credit worthiness in terms of payment behaviors. It contains factual information specifically on the payment records of companies and individuals contributed by members. DP Credit Bureau allows credit information to be shared among its members while protecting the confidentiality of the information on individual consumers or corporations.You only need to have access to the Internet to use DP Credit Bureau services. Implementations can be made possible very quickly: a secured password and ID will be given to log into the DP Credit Bureau services through You can also request DP Info to provide free training to your authorized users.DP Credit Bureau is an independent entity that administers a comprehensive database of information relating to a consumer's credit worthiness in terms of payment behaviors.

When did DP Credit Bureau begin operations? A credit bureau or credit reporting agency is in the business of gathering, maintaining, and selling information about consumers' credit histories. It collects information about consumers' payment habits from credit grantors like banks, savings and loans, credit unions, finance companies, and retailers. The credit bureau stores this information in a computer database and sells it to credit grantors in the form of credit reports.The central concept of DP Credit Bureau is information sharing. The value of the bureau comes from the aggregated information contributed by all other members. Membership and usage costs are consolidated to defray membership development and technical investments. In addition, as DP Credit Bureau members, you are entitled to a volume of free searches, depending on your subscription.DP Credit Bureau is an independent entity that administers a comprehensive database of information relating to a consumer's credit worthiness in terms of payment behaviors.

Where does DP Credit Bureau get the information? DP Credit Bureau consolidates debtors' information mainly from members. This is complemented with data from public record sources, like statutory and identity information.It is because DP Credit Bureau understands that most SMEs do encounter difficulties in obtaining adequate financing from lending institutions. One critical determining factor is due to the lack of sufficient credit information for lenders to make credit decisions. By allowing banks to access information restricted on a need-to-know basis will help them identify well-run, honest businesses that deserve credit, increasing credit options for SMEs in the long run.