Full file reporting, that is, sharing of both negative and positive information on customers is important as it enables risk based pricing through credit scoring. It is important to have full file reporting to facilitate credit scoring mechanism and enhance the information capital.
Further, full file comprehensive credit reporting systems are more successful at expanding access to credit, improving loan performance and preventing over indebtedness. We therefore appeal to the credit providers on the need to consider sharing full file information, in order for our market to enjoy the full benefits of the CIS mechanism.