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Tough Condition Issued for Defaulters Who Want to be Cleared fro CRB

The current president of Kenya Dr William Samoei Ruto and his deputy honourable Rigathi Gachagua who won on the Kenya Kwanza ticket promised Kenyans during their campaigns that all loan defaulters will bee delisted from CRB if they get elected. A promise that many have been looking forward to as many youths have been blacklisted by mobile lenders for failure to either repay their loans on time or not paying at all.

The two immediately ordered delisting of all defaulters after they were sworn in, the order gave those who had been blacklisted a new hope as they could recover positive credit score which could allow them access more loans from different credit platforms.

However recent report shows that defaulters may remain blacklisted if they will not meet a difficult condition issued by the President of Central Bank, Mr Patrick Njoroge. This is not what many expected as they had seen hope with regard to credit according yo the Kenya Kwanza government.

Report from TV 47 shows that Mr Patrick Njoroge has announced that only those who will pay their mobile loans before May 2023 will be cleared.

Defaulters who will fail to pay their defaulted loan are likely to remain blacklisted as per the report from CBK president. This report means that the defaulters who will not have cleared their loans by then will not be able to access any loan due to their poor rating or negative credit score.

If you are a defaulter then you should try and clear your loan before the said date to get your positive credit score back.

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Kenya Patrick Njoroge William Samoei Ruto


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