QUICK CREDIT & INVESTMENT MICRO CREDIT VRS OBENG (A2/98/2024) [2024] GHADC 290 (18 September 2024)

QUICK CREDIT & INVESTMENT MICRO CREDIT VRS OBENG (A2/98/2024) [2024] GHADC 290 (18 September 2024)

Plaintiff's evidence of the loan agreement, Defendant's default, and outstanding balance was unchallenged and credible; Plaintiff is entitled to recover the amount claimed with interest and costs.

Source-derived case information.

Citation
QUICK CREDIT & INVESTMENT MICRO CREDIT VRS OBENG (A2/98/2024) [2024] GHADC 290 (18 September 2024)
Parties
Plaintiff: Quick Credit & Investment Micro Credit; Defendant: Benedicta Obeng
Court
ghadc
Jurisdiction
Ghana
Judgment Date
18 September 2024
Procedural Posture
Civil / Judgment
Outcome
Judgment for Plaintiff
Legal Topics
Loan Recovery, Money Lending, Default Judgment
Source Language
en
Contract Law Banking and Finance Loan Recovery Money Lending Default Judgment

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Parties

Quick Credit & Investment Micro Credit

Plaintiff

Benedicta Obeng

Defendant

Procedural Posture

Civil / Judgment

Legal Issues

  1. 1 Whether the Plaintiff is entitled to recover GH₵4,080.00 as the outstanding balance of the loan facility from the Defendant

Ratio Decidendi

Plaintiff's evidence of the loan agreement, Defendant's default, and outstanding balance was unchallenged and credible; Plaintiff is entitled to recover the amount claimed with interest and costs.

Court Disposition

Judgment for Plaintiff

Orders

  • Defendant to pay GH₵4,080.00 to Plaintiff
  • Defendant to pay interest at the prevailing bank rate from 15th August 2023 until final payment