A disturbing incident involving debt recovery tactics has surfaced after four male employees of Bills Micro Credit (formerly known as Quick Credit) allegedly assaulted a 36-year-old woman over a loan default of just GH₵300.
The company, owned by prominent Ghanaian businessman Richard Nii Armah Quaye, is once again under scrutiny regarding the conduct of its field agents.
According to eyewitness reports, the four debt collectors arrived at the victim’s residence in a branded company vehicle.
The situation escalated rapidly from a verbal demand for payment to physical violence.
The agents reportedly stormed the woman’s home, seized her mobile phone, and physically dragged her across the floor.
The commotion drew the attention of neighbors and passersby.
A crowd quickly gathered at the scene, which ultimately forced the collectors to cease the assault and prevented further injury to the victim.
This incident adds to a growing list of complaints against the micro-credit firm.
Formerly operating as Quick Credit & Investment Micro-Credit Limited, the company recently rebranded to Bills Micro Credit.
Despite the name change, the firm continues to face public backlash for its “commando-style” debt recovery methods.
Critics and human rights advocates have frequently called for more stringent regulations on how micro-finance institutions handle payment defaults, emphasizing that a debt of GH₵300 does not justify physical battery or the seizure of personal property.
As of the time of publication, Bills Micro Credit has not issued an official statement regarding the conduct of the four employees involved in this specific case.
By 1960news.com
