iMoney, a leading fintech platform in Malaysia, launched iMoney CreditScore, the first free online tool for Malaysians to check their financial health.
iMoney CreditScore allows users to understand their credit management better through snapshot of financial standing with personalised advices to improve credit health.
“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 CreditScore, 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.” said Intelligent Money Sdn Bhd (iMoney) co-founder and chief innovation officer, Lee Ching Wei.
Since the launch of the beta version, almost 10,000 Malaysians have successfully applied for and obtained their free iMoney CreditScore.
iMoney CreditScore is powered by credit reporting agency RAM Credit Information (RAMCI).
“This initiative is consistent with RAMCI’s mission of reinforcing the importance of checking one’s credit health regularly and maintaining a good credit score.
“This is especially important in the long-run when seeking additional lines of credit or loans.” said RAMCI chief executive officer, Dawn Lai.
In conjunction with the iMoney Credit Score “Credit Health” launch, iMoney in partnership with RHB Bank to offer 100 free Mi Amazfit fitness smartwatch, worth RM279 to their consumers who subscribe and obtain an RHB Easy loan.