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How will my Credit Bureau records be impacted if I take up DCP?

Your Credit Bureau record will be updated with the “Debt Consolidation” product code as the DCP is viewed to be an unsecured credit product.

Note: To ensure that all your other accounts are not reflected as being past due, you are encouraged to continue servicing at least the monthly minimum payment amounts until the DCP is approved, and make sure that outstanding amounts (if any) in excess of the DCP amount are settled.

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