'If You Don't Pay Your Qwikloans & Your SIM Gets Block, You Will Be Dealt With Severely'

The Bank of Ghana has warned Ghanaians who have taken loans from various mobile telecommunications companies and are not willing to pay by not registering their SIM cards.

The central bank gave out these stern words in a recent communique released on Wednesday, September 28.

This comes after many Ghanaians are feeling reluctant to register their SIM cards simply because they feel that once their SIM cards get blocked, then all their loans will be quashed.

This directive from the bank of Ghana indicates that even if their SIM cards are blocked, they will still be traced on the consequences will be very dire.

Read the release from the bank of Ghana below;