All about loans in Kenya
A credit report is a detailed breakdown of an individual’s credit history prepared by a credit bureau. Credit bureaus collect financial information about individuals and create credit reports based on that information, and lenders use the reports along with other details to determine loan applicants’ creditworthiness. In the United States, […]
Unpaid medical bills take longer to hit your credit report and may be weighed less heavily in scoring formulas. A serious illness or injury can be disruptive. You need to heal, and you may be overwhelmed for a while as you put your work and family life back together. There’s a strong […]
No one is immune to credit card fraud; hence it might be worth reading up on our tips on helping avoid credit card fraud. And while there’s no foolproof way to guarantee you will never be a victim, there are ways to reduce your risk. These include: Don’t throw personal […]
The higher education’s loan board commonly referred to as HELB is an loan disbursement department under the ministry of higher education which is charged with the mandate of providing students with financial assistance so as to make their life in campus more bearable and convenient through meeting the costs incurred while in school.
However, due to the fact that the government is disbursing the HELB to the students.There are a number of conditions which they are supposed to fulfill in order to get the funds, and also for the authorities to prioritize on the neediest students due to the large number of applicants with the loans board. Some of the requirements to qualify for the higher education loan include;
Tatua Center is an independent office set up to resolve all CRB-related disputes between consumers, lenders and Credit Reference Bureaus (CRB) through Alternative Dispute Resolution (ADR) mechanisms. If you as a consumer have a complaint about your credit report, you should first initiate a dispute at any of the Registered […]
Sometimes you may be blacklisted by CRBs in Kenya wrongly. This may have impacts like, you as a customer will get locked out of borrowing from microfinance institutions, commercial banks and other financial institutions. The following will answer how you as the affected customer can dispute the associated lenders easily […]
TransUnion Kenya Personal Information Personal Information Errors Things you need to ensure that are accurate; Wrong name listed Addresses you’ve never lived at or used as a mailing address Inaccurate employer information Ensure that your name is correctly displayed and that any alternative names or alias are accurate. Ensure your […]
The TransUnion CRB services can be accessed through the SMS number 21272, TranUnion Nipashe app and also the TransUnion website. If you choose to register with the TransUnion CRB then the following are the steps you take; Register with TransUnion Send your full names as they appear in your National […]
Ever since the financial institutions like Saccos, Banks, HELB and MPESA started forwarding lists of defaulters on CRB, the need for your name to cleared and hence improve your chances of getting a second loan have risen. Clearing your debt is no longer enough as you have to get CRB […]
In Kenya, there are three licensed companies by CRB, i.e. TransUnion, Metropol and CreditInfo. Before you can access your status with CRB you need to be registered to one or all of them. Registration to all of them is the recommended way to go. This is because a lender can […]