The Vice President and Presidential Candidate of the NPP, Dr.
Mahamudu Bawumia, has launched myCreditScore, an individualised credit reference and scoring system for Ghanaians.Backed by the Central Bank, the Credit Score System, offers individual Ghanaians opportunity to demonstrate their credit worthiness transparently, through a scoring system, which will also enable Ghanaians access to credits, to make life easier.Through the credit scoring and reference system, individuals who demonstrate credit worthiness by scoring points, will be rewarded by financial institutions for their financial responsibility by being able to access larger credit.Launching the historic credit scoring system in Accra on Thursday, Dr.
Bawumia said it marked a "momentous occasion" and a "step forward in building a dynamic credit economy for Ghana and for all Ghanaians.""It is a significant milestone in Ghana's journey toward a financially inclusive and empowered society," Dr.
Bawumia said, adding that the launch of myCreditScore, also represents "yet another chapter in the nation's ambitious journey toward financial inclusion."SOLUTION TO AGE-LONG LENDING PROBLEMSDr.