At least one of the entities that have been granted licences to operate in Jamaica as credit bureaus could start up by the end of the 2012/13 financial year.
A credit bureau system would allow banks in Jamaica better understand their customers in order to price their loans to reflect the risk of the individual.
The government of Jamaica, through the Ministry of Finance and Planning, has granted licences to two entities to operate credit bureaus locally, since the passage of the Credit
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