CIC (Credit Information Corporation)

CIC (Credit Information Corporation) — the government credit registry created by RA 9510 (the Credit Information System Act). All banks, credit-card issuers, financing/lending companies, and cooperatives must submit borrower data; private accessing bureaus score on top of it. There is no PH equivalent of a universal FICO number — the CIC file is the foundation, which is why Level 3’s bankability project starts by pulling yours (~₱55 via CROS) and disputing errors before any lender finds them.

First used in: 3.2 · The PH credit machine