Really happy to see that Jamaica’s efforts to launch a credit bureau will materialise soon.
It’s essential to the future success of the economy because it will allow lenders to be more efficient and accurate in determining the interest rates charged to borrowers depending on their ability to repay and loan repayment history.
The good won’t have to suffer for the bad once this is introduced.
Creditinfo Jamaica Limited needs to make sure that they have serious measures and systems in place to protect customer data and ensure that the information they collect is accurate.
Good luck to them! This is a huge, positive step for Jamaica.
Big In Jamaica 