iMoney Unveils Free And Easy-To-Use Credit Check Tool
Did you know that a total of 67% of Malaysians either have not checked their credit score or are completely unaware of it? If you’re well-versed in pop-culture, you have probably heard the word ‘credit score’ copious times on American TV. But is knowing your credit score just as important in Malaysia? Yes, it is.
iMoney, Malaysia’s leading fintech platform has launched a free and easy-to-use credit score calculator on its site. The aim is to assist Malaysians in checking their credit score and assessing their financial health. Aside from the score, the calculator also gives you a full report on your financial standings and provides personalized tips on how to improve your credit health.
During the launch, which was held at Common Ground Damansara Heights, Co-founder and Chief Innovation Officer of Intelligent Money Sdn Bhd (iMoney), Lee Ching Wei said, “We are extremely excited to offer iMoney Credit Score for free to millions of Malaysians,”
“Whilst an annual medical check-up is the norm among Malaysians, our goal is to encourage Malaysians to also do the same for their financial health. With iMoney Credit Score, consumers can now assess if they are on track to achieve their financial goals, be it looking for their first credit card or loan, buying their first car or bike, getting married, buying their first home, or saving for the future,”
“Furthermore, consumers with higher scores can also benefit from more attractive credit and financial products enabling them to save more money and improve their financial well-being,” he explained.
Since the launch of the beta version, iMoney has helped about 10,000 Malaysians successfully obtain their credit score for free. The iMoney CreditScore is powered by credit reporting agency RAM Credit Information (RAMCI), a leading credit reporting agency in Malaysia.
In conjunction with the launch, and consistent with the theme of “Credit Health”, iMoney is offering up to 100 free Mi Amazfit fitness smartwatch worth RM279 each – in partnership with RHB Bank. The offer is open to anyone who applies for a free iMoney CreditScore and subsequently obtains an RHB Easy loan between August 23 and October 23, 2018.