Financial discipline is an area that not many people have the privilege of mastering. It embodies an individual’s fate of either being financially free or debt ridden for life. For the unfortunate recipients of the latter, CRB is usually the… Read More ›
Depending on the institution policies update on a loan can be done 24 hours, 48hours, end of every week, or monthly. Daily UpdatesBanks provide an updated position to customer data as and when there is a change. These updates are… Read More ›
Mobile credit is the most popular form of accessing short term loans for many Kenyans due to its ease of application and disbursement process compared to the mainstream loan avenues like banks or Saccos. Consequently, this has led to the… Read More ›
Ever since the emergence of mobile loans, more and more Kenyans find themselves in a borrowing craze which spirals into a debt trap that eventually ends at the CRB.
If you happen to be a loan defaulter for a period of 90 days, chances are that you have already been blacklisted by either of the Credit Reference Bureaus in Kenya While being blacklisted may prevent one from accessing future… Read More ›
Communication is a very important aspect in any given situation. Whether in a business or household setting, proper communication or lack there-of could eventually lead to the progression or de-escalation of a given subject matter. Be it via email, website,… Read More ›
Financial freedom is a state that has sometimes proven elusive even to the financially adept due to life’s numerous eventualities. This has seen majority have their assets repossessed, mortgaged homes foreclosed or even worse file for bankruptcy in the event… Read More ›
A CRB clearance certificate is a very important document especially if you had previously been blacklisted by CRB due to loan default. It is physical proof that you have cleared any overdue loans and it is also one of the… Read More ›
Being blacklisted by CRB is a borrower’s worst nightmare as it usually dents any future prospects of loan advancements. Moreover, prolonged stay at the CRB register taints one’s credit history and ultimately results to a decline in the credit score…. Read More ›
According to statistics, over 3.2 million Kenyans are listed with CRB as of early 2020 with majority of such listings being as a result of default in digital loans. However, this numbers are set to rise owing to the effects… Read More ›
