CREDIT SCORE TO BE USED IN PROCESSING LOANS WITH IMMINENT LAUNCH OF ECCU CREDIT BUREAU

The Eastern Caribbean Central Bank’s credit bureau will be rolled out in December this year.
This will mean a credit score is to be assigned to each person seeking a loan in the Eastern Caribbean Currency Union, an arrangement being used elsewhere in the region and the world.
The Central Bank is now moving to sensitize stakeholders about the imminent credit bureau.
Ercil Charles Jr reports.