CRC Credit Bureau launches mobile app
CRC Credit Bureau Limited has launched a mobile application, CRC Mobile, to enable individuals to access credit information and credit scores through their mobile devices.
The Managing Director/ Chief Executive Officer, CRC Credit Bureau Limited, Mr Tunde Popoola, said the launch of the app was part of efforts to ease access to information and empower Nigerians.
Popoola, while speaking at the launch, said through the new mobile application, individuals could enjoy services such as the CRC Score, CRC Credit information report, CRC Prospecta and CRC Portfolio Monitoring, among others.
He said, “CRC Bureau has improved access to credit for consumers and micro, small and medium enterprises in the last 10 years.
“in June 2009 when CRC went live, six commercial banks submitted 1,525,228 credit records but only 154,030, representing about 10 per cent, passed the validation process due to the bad quality of the data.
“Today, CRC has over 1,300 institutions with about 30 million credit records successfully processed. We have entered strategic partnerships with the likes of the fair isaac Corporation to power our credit scoring solution.”
Popoola added that the company was looking forward to the next decade with confidence and optimism.
He stated that the immediate focus would be to empower individuals to have access to their credit reports and credit scores through various channels anytime.
According to him, credit scores will soon assume national interest, thereby causing everybody to be interested in their credit score.