15
Aug
The public has been strongly advised to exercise caution when borrowing from online lending apps that have not been sanctioned by the Bank of Ghana (BoG) and the Data Protection Agency. Tweneboah Koduah, the Executive Secretary of the Ghana Association of Savings and Loans Companies, urged Ghanaians to be vigilant and only seek loans from regulated institutions, including lending apps that are officially approved. Speaking on the Citi Breakfast Show with Bernard Avle on Citi FM, Tweneboah Koduah expressed concern over the increasing reports of harassment and fraudulent practices by some of these unregulated lending apps. He emphasised the need for intensified…