The Central Bank of Barbados released an educational video on credit reporting in Barbados, explaining that lenders use a person’s past payment behaviour to decide whether to lend and at what interest rate, and warning that not paying can damage future ability to borrow.
Central Bank of Barbados 2025-11-06
Central Bank of Barbados publishes video explaining credit reporting and how repayment behaviour affects borrowing
The Central Bank of Barbados released an educational video on credit reporting, highlighting how lenders assess past payment behaviour to determine lending decisions and interest rates. The video also warns that failing to pay can harm future borrowing capabilities.