CREDIT INFORMATION CORP. (CIC) generated 27 million reports last year, nearly tripling from 2024, driven by demand from online lenders and e-commerce channels as consumers availed of credit products like buy now, pay later and cash loans. “[Around] 27 million credit reports generated last year. “In other jurisdictions, insurance information is reported. The court ruled that the requested data are not in line with the basic credit data required to be submitted under the Credit Information System Act. Mr. Baltazar said the use of credit information makes lending decisions “fairer and more transparent.”“So, it becomes merit-based now, rather than arbitrary, or in some cases, palakasan (patronage).