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Failure to settle Mobile Money...

Head of Credit Reporting Unit of BoG,...

Failure to settle Mobile Money (MoMo) can harm defaulters

Head of Credit Reporting Unit of BoG, Godfred Cudjoe, entreated persons who owe mobile money loans to settle their due as soon as possible. He said those who had thrown their SIM cards away after they took MoMo loans could be tracked. Godfred Cudjoe noted that these defaulters have their information with the Credit Reference Bureau and failure to settle their debt can harm them in future. The Bank of Ghana (BoG) has noted that monies borrowed by telecommunication networks via Mobile Money (MoMo) to customers are not free monies these companies...

Failure to settle...

Head of Credit Reporting Unit of BoG, Godfred Cudjoe, entreated persons who owe mobile money loans to settle their due as soon as possible. He...
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