The total credit score range is from 300 to 850 pointsand you can get a maximum of 850 points . The score is computed using 56 variables across 6 categories.
The 6 categories are as follows in order of priority (highest to lowest):
1
Credit Profile & Repayment History:
This constitutes 60% of your score equivalent to 510 points.
2
Dishonored Cheques:
This constitutes 15% of your score equivalent to 128 points.
3
Judgement Debt:
This constitutes 10% of your score equivalent to 84 points.
4
Socio-Economic:
This constitutes 7% of your score equivalent to 59 points.
5
Economic Assets:
This constitutes 5% of your score equivalent to 43 points.
6
Demographics:
This constitutes 3% of your score equivalent to 26 points.
myCredit Score Limited is fully licensed by Bank of Ghana under the Credit Reporting Act, 2007 (Act 726) as No. 004
myCredit Score and the myCredit Score trademarks used herein are exclusive trademarks of myCredit Score Limited. As a licensed credit reference bureau of the Bank of Ghana, the company trades and partners with lenders, businesses, property owners and identity organizations of all types. The use of any other trade name, copyright, or trademark is for identification and reference purposes only and does not imply any association with the copyright or trademark holder of their product or brand. Other product and company names mentioned herein are the property of their respective owners.
