Ghana has recently introduced its first national credit scoring system, known as “MyCreditScore” designed to enhance credit access for both individuals and businesses. Spearheaded by Vice President Dr. Mahamudu Bawumia, this system evaluates the creditworthiness of Ghanaians based on factors such as payment history and financial behavior. By creating personalized credit scores, MyCreditScore reduces lending risks, lowers non-performing loan rates, and fosters a more inclusive financial landscape.
Below is a detailed step by step approach on how to create an account on mycreditscoregh and access it with your Ghana Card.
To check a credit score on Ghana’s new MyCreditScore system, individuals should go to the official portal at www.mycreditscore.com.gh. Here’s the typical process:
- Register an Account: Sign up on the MyCreditScore platform, providing required personal details, likely including verification through the Ghana Card.
- Credit Evaluation: The system reviews credit history, considering payment patterns and other financial behaviors.
- Score Access and Insights: Users receive a personalized credit score and can access feedback on factors affecting their score, with guidance on how to improve it if needed.
This platform enables Ghanaians to create a credit profile, helping them secure fairer access to loans and credit opportunities.
