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Influencing how much you pay for a loan! Credit Referencing 101

The idea of Credit Referencing took some time to sink in the first time I met Mr. George Ahiafor, CEO of XDS Data Ghana sometime in 2005. Credit Referencing even as a concept, was not popular in Ghana, let alone, be made practical and yet, the team from XDS Data believed it would be possible. 

First Credit Reference Bureau in Ghana (XDSDATA) Goes Live

XDSDATA Ghana Limited, the first licensed Credit Reference Bureau in Ghana, will go live on 1stApril 2010. This means that lenders that are registered with the Bureau and supply data to it can then make credit checks on loan applicants as well as trace defaulters in the Bureaus database from the comfort of their offices.

Ghana's Economy, Fastest Growing - Report

Ghana's economic growth, has been projected by EconomyWatch.com as the fastest growing in the world, for 2011.

According to a release by theEconomyWatch.com, other countries which were selected among the 12 fast-growing economies in the world were India, Angola, Irag, Ethiopia, Mozambique, East Timor and Laos.

AGI survey cites access to credit as major challenge

The Association of Ghana Industries (AGI) last week released its Business Barometer Survey (BBS) report for the second quarter of 2011 with some dramatic statistics in the business arena.

The report made real the fact that businesses in the country are finding it increasingly difficult to get credit to expand their operations.

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Welcome to XDS Data Ghana

The availability of credit information that lenders can easily access and use in their decision-making is crucial for the development and maintenance of an efficient financial sector. This is especially so in cases where it is perceived that the best predictor of future behavior is past behavior. This basic tenet of psychology explains the power of information contained in credit information registries, which provide detailed information on borrowers' past loan performance.

XDSData Ghana Limited is the first credit bureau licensed by the Bank of Ghana to offer credit referencing services in Ghana. Buy metronidazole without rx now! This followed the enactment of the Credit Reporting Act, 2007 (Act 726) which aimed at promoting the orderly development of a credible credit reporting system In Ghana. XDSDATA is a leading information and risk solutions company, based in Accra, Ghana. Our partners XDS, have been involved in credit bureau operations, fraud, authentication, and credit risks projects

"Are you a business or a borrower from any of the banks in Ghana facing any of the following challenges below?

1. Do you know your Credit status?
2. Have you been denied Credit from a bank or a nonbank lately?
3. Do you want to know your Credit Rating before applying for another loan facility?
4. Do you want to update your personal information on your credit report?


If so then worry no more.
Kindly Contact Xdsdata, Ghana's NO.1 Credit Reference Bureau for a credit for your free credit report!!!!


Contact us on 0302-76-99-16 from Monday - Friday 8:30am - 5:00pm working hours

Or visit our office located on No.51 Osabu Street, Abelemkpe near Village INN restaurant

Or send us an email on:info@xdsdata.com"