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Ghana Pushes for Fairer Mobile Loan Rates as Borrowers Feel the Pinch

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-pushes-for-fairer-mobile-loan-rates-as-borrowers-feel-the-pinch/Ghana’s booming mobile money loan sector faces calls to overhaul its one-size-fits-all interest model. Financial experts and consumer advocates demand tiered pricing, arguing prompt repayers deserve lower rates while high-risk borrowers pay more. Currently, providers charge uniform interest regardless of repayment history, punishing reliable customers alongside serial defaulters. With mobile money accounts surging from 13 […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-pushes-for-fairer-mobile-loan-rates-as-borrowers-feel-the-pinch/


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