Wednesday, November 16, 2016

CIC: NO SOFTWARE FOR CO-OPS/LENDERS





IMPORTANT CIC ADVISORY


False information has been circulating that the Credit Information Corporation (CIC) is selling "expensive software" via its special accessing entities (SAEs) namely: CRIF, TransUnion, CIBI Inc., and Compuscan, and/ or any third party providers; and that purchase of this software is a requirement to be considered compliant with the CIC.


Please be advised that it is the choice of the lenders whether or not to avail of any tool or software which would ai...
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