crb listing is good, bora tu isifanye unyimwe job. ao lenders sio wazuri. ukianza biashara hawataki story zako, ukikua successful wanakufuata wakukopeshe, then kutoka hapo unajipata ushapoteza biashara yako.
policy yangu huwa, kula sumni, weka sumni. badala ya kulipa loan 5 years, save for 5 years. izi vitu tunanunua hakuna mahali zinaenda.
On the expiry of the 5 years, the bureaus should remove your negative listing due to the particular debt from their records unless you have been negatively cited again since then. The debt, however, remains. Ubaya, I have not seen any reviews from those whose siberia years have expired.
Mimi Nilifungua account ya NCBA ya current for TT payment na CDS. The ghasia took me round na wakaanza kuniuliza biz yangu iko wapi. I told them freelancing. Wanasema wanataka kujua Duka iko wapi. Nikajitoa the ghasia called me I told them wafunge hio account I don’t need it.
He said lazima nilipe 2k ya kumaintain it. I told them silipi for service not rendered. I asked them nisipo lipa watanipeleka wapi CRB. Niliwajibu NCBA is not a monopoly I will move opposite to Absa. I told them we don’t fear CRB anymore. Many Kenyans wametupwa huko. They will need to come with another criteria.
crb is not vague, actually cbk has tried educating folks on it, last time they said crb should not be used as a basis for denial but rather a basis for loan pricing, unfortunately in kenya banks treat folks who have been listed as enemies, they deny you very fast.
Out of the over 40 banks regulated by CBK, go for the banana republics with shadowy owners. From experience, banks owned by Indians are easier to work with. It get sweeter if you decide to go the Sacco or microfinance way. Look for Saccos with weak systems and structures and you are half way there. Huko unatokelezea na bank statement with a vague statement on what economic value you are engaged in. Grease a few palms and credit access has never been easier.
Not exactly it’s just harder . I lower credit rating score means you are at a high risk of defaulting therefore utapewa a higher interest as compared to someone with a positive rating.
Well spoken…CRB was to help banks in pricing the interest rates for different individuals based on their CRB credit rating but they just use it in denying loans and don’t reciprocate in offering reduced rates when you have a positive rating. To be disbanded and everybody go home…
I agree lakini iko idea unaweza pata ibidi uchukue kaloan kiasi… Kuna investments unaweza fanya zilete up to 300% profits… Ulipe loan bila stress haraka sana na ubaki ukiingiza profits… Hapa ndio unaskiaga the future belongs to the risk takers not the comfort seekers… Bora ukienda kurisk usisahau kubeba akili