Infographic: How much you are paying on your loans

If you’ve ever taken a loan from a bank or any financial institution, then you know that paying back is not always easy.

Thankfully, from a high of 30.8 percent in 2017, interest rates are gradually coming down. Latest figures from the Bank of Ghana show the rate as of June 2018 was 27.5 percent.

Below is an infographic detailing the trend of interest rates since 2017.

Credit: MyjoyOnline

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