New Regulatory Issuance RI 2015-12 CIC Circular No. 2015-01
To our valued cardholders:
We wish to inform you that, in compliance with Republic Act No. 9510 creating the Credit Information Corporation (CIC), we are required to submit your basic credit data as well as any updates or corrections on these to the CIC consolidation and disclosure as authorized by the CIC; and that, consequently, your basic credit data may also be shared with other credit reporting agencies duly accredited by the CIC, for the purpose of establishing your credit worthiness.