Creditworthiness: Avoid issuing dud cheques

Story by: Regina Bless

A dud cheque issued today could affect your ability to access credit tomorrow.

According to the Bank of Ghana’s revised 2026 Dud Cheques Notice, adverse reports to Credit Reference Bureaus may affect an individual’s creditworthiness and make access to credit more difficult and expensive.

Potential consequences include:

• A poor credit score
• Higher borrowing costs
• Difficulty accessing credit

Your financial behaviour today contributes to your credit profile tomorrow.

Protect your creditworthiness. Avoid issuing dud cheques.