Ensuring creditors have access to the information they need to make lending decisions.
A Credit Bureau is a critical part of the financial infrastructure of any country. It provides rapid access to accurate and reliable standardised information on potential borrowers, enabling lenders to evaluate credit risk more accurately and to reduce lending processing time and costs. This in turn promotes profitability and increased credit activity.
Experian Credit Bureaux in Singapore allow our customers access to credit data from hundreds of businesses and individuals from local and international sources, to make the most informed decision throughout the customer life cycle. Members secure access to data to make informed decisions throughout the customer life cycle.
Whether you require data to generate leads, acquire customers, monitor your portfolio or make debt collection easier, our Bureaux form the backbone for our innovative services and platforms.
With over 10 years of experience and collaboration among non-bank members to manage credit risk through sharing of credit information, Integrated Credit Solution (ICS) is a combination of robust credit information and quality management tools enabling companies to better manage credit risk, gain valuable insights and make informed decisions.
It contains millions of payment records across all industries, providing a study of companies & individual payment behaviours.
With the largest corporate and individual payment records in our database, we empower you with insight and intelligence to better facilitate decision-making for your client management needs.
Function facilitates alerts on any adverse payment behaviour or blacklisting with other creditors.
Cash Flow Reporting that provides insight into realistic projections.
An alternative tool for collections, listing late stage recovery customers to encourage payment.
An effective indicator of a potential entity or individual’s credit worthiness.
Encourage customers to pay you first ahead of other creditors.
Increase new business profitability
Improve customer profitability
Reduce bad debt
Encourage data sharing within and across industry
Encourage responsible use of credit
Implement global best practices