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Text Reminders

Jan 20, 2010 (LBO) - Sri Lanka's credit information office is planning a text message alert service by mobile phone for borrowers who forget to make credit card payments, an official said.
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The service is likely to be available by April. Sri Lanka has about four million borrowers.
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Gamini Karunaratne, general manager of the Sri Lanka Credit Information Bureau (CRIB) said the service will be useful for busy people who forget to make credit card payments.

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Karunaratne said banks gave information on loan repayments to the Bureau every month and it could alert borrowers who had failed to make payments.

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