Self Start Fund to supply Creditinfo Jamaica with information
Another local financial entity, Self Start Fund, will, as of August 29, start providing credit information on its customers to Creditinfo Jamaica Limited.
Creditinfo Jamaica Limited is a credit reporting entity that last year started issuing reports on persons borrowing history to institutions and individuals under the Credit Reporting Act.
Companies use individual’s tax registration number to access their information from the credit bureau’s database.
Deane insists that the individual must first give permission before their credit history can be accessed.
The Students Loan Bureau, Bank of Nova Scotia Jamaica Limited and the Development Bank of Jamaica Limited are leading financial institutions that use Creditinfo.
CreditInfo Jamaica was granted its credit bureau licence by the Bank of Jamaica.
WATCH: Erica’s Edge - Jamaican police worse than cancer, Ebola and AIDS