A deep overview of consumer credit in Ghana
This article offers a comprehensive overview of Ghana’s consumer lending sector from 2019 to 2024. It explores the types of loans available, major lenders, the role of fintech, regulation, and the social dynamics of borrowing.
Which is better for loan repayments: Cards or Direct Debit?
A lender’s worst nightmare is being unable to recover loans. This fear has a compelling hold on lenders that many have resorted to scare tactics, harassment and misusing borrowers’ data to force repayment. More often than not, adopting these unethical methods of loan recovery exposes the dire need for improvement of the lenders’ system for […]
Frequently Asked Questions on FCCPC’s new consumer lending regulations
Below are answers to common questions from Lenders, compliance teams, and other stakeholders about FCCPC's DEON CL.