Borrowers and Lenders Act, 2008 (Act 773)
Section 14. (1) A lender shall not discriminate against a person on the grounds of race, gender, ethnicity, political affiliation, or religion to
(a) assess the ability of the person to meet the obligations of a proposed credit agreement;
(b) decide whether to refuse an application to enter into a credit agreement, or to offer or enter into a credit agreement;
(c) determine an aspect of the cost of a credit agreement to the borrower;
(d) propose or agree on the terms and conditions of a credit agreement;
(e) assess or require compliance by the person with the terms of a credit agreement;
(f) exercise any right of the lender under a credit agreement, this Act or any legislation relating to credit; or
(g) determine whether to continue, enforce, seek judgment as regard a credit agreement or terminate a credit agreement.
(2) A person aggrieved by a decision of a lender may make a com¬plaint to the Bank for redress.
Subject : Borrowers and Lenders
Procedure to Follow
Not Avaiable
Responsible Institution
Accra Central
- Email: info@bog.gov.gh
- Website: www.bog.gov.gh
- GPS: GA-065-3452
- Telephone: 233302666174
Relevant Forms to Download
Not Available
Online System
Fees/ charges
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