Can’t Pay Mobile Loan On Time?? Here’s What To Expect From Various Lenders.


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1. Mshwari

Upon the lapse of the 30 day repayment period, a rollover fee of 7.5% is effected on the next day.
If you fail to pay for a period of 60 days even after effect of the rollover fee, upon repayment you will not be able to access any other loan until the lapse of a 30 day period.

2. Branch

Upon the lapse of the 30 day repayment duration, upon repayment, you will not be able to access any loan for a duration of 7 days and also your loan limit will be reduced.

3. Saida

Upon the lapse of the 30 day period, you can,request for an extension period through the app which ranges between 2 days to 7 days.
No penalties are charged for repayments within these grace period.

4. Tala

Upon lapse of the 30 day period, you will be issued a grace period of 7 days upon which a penalty fee of 5% will be charged on the outstanding loan amount.
No penalties are charged for repayments within these grace period.

5. Senti

6. UbaPesa

25 responses to “Can’t Pay Mobile Loan On Time?? Here’s What To Expect From Various Lenders.

  1. I have Tala debt,,,but it wasn’t my will not to pay it on time,,even for now am still unstable,,can i plz get a second loan to repay my first loan and atleast get something for my family needs plz,,

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  2. I have been cleared from crb I do have the certificate of clearence if
    I were to apply for a loan with Tala would they grant me the loan

    Like

  3. Due to late payment of my loans, i havn’t been able to access loans & my loans limit is still zero even after saving more since last year.What can i do?pliz help.

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  4. Kindly I failed to repay my M-shwari loan in time, which lead to be blacklisted by cab, even after the l cleared it have not been able to make request for loans, How can I be helped

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  5. can one get a loan if he is blacklisted by CRB? please help me understand this….are you registering airtel kenya as well as I have not seen it in the list

    Like

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