The Bank of Ghana in a statement, has cautioned the public to refrain from operating the services of some nineteen (19) loan providers that are not licensed but providing loans to consumers.
The entities are SikaPurse Quick Online loan, 4Cedi Instant Mobile loan application, Zidisha Online Loans, GhanaLending Application, ChasteLoan Application, LoanClub-Ghana Instant Loan.
AdamfoPa Loan, MetaLending- Instant Cash Loan, Wohiasika Loan (Ghanaloan.net), Boseafie – Bosea Micro-Credit, SikaKasa Online Lending, LoanPro – digital and instant loan, SikaWura Loan Application, BegyeBosea Loan, LendingPapa – Online Loans, CrestCash Loan, Credxter – Loans and Hire- Purchase, MobiLoan Application, Cedi Now – Cash Loans Application.
According to the Central Bank, the operations of these entities are in contravention of the Banks and specialized Deposit-Tracking Institution Act, 2016.
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