Before you’re granted a loan or a credit facility, banks often look at your credit history to assess whether to accept or deny your request. What is a credit report and who handles the information on it? The Credit Bureaus The agency that manages info about your credit history is called a credit bureau. They’re tasked to collect and store information on your loans, credit applications, debts, and repayment records. They get their data from credit companies, banks, and public records. In Singapore, there are only two recognized credit bureaus allowed to obtain data from banks and financial institutions: the Credit Bureau Singapore (CBS) and the DP Credit Bureau. Licensed…