Pirate of carribean
Elder Lister
Banks, saccos and micro-finance lenders now face a fine of Sh2 million for every defaulter they deny loans to for being listed negatively with the country’s credit reference bureaus (CRBs)
Good news to most of us here
- Thread starter Pirate of carribean
- Start date
Ole Waru
Elder Lister
Very difficult to enforce, there are many reasons financial institutions can cite for an individual not being credit worthy, you cannot force a financial institution to take financial risk by giving out loans to risky customers, unless the government will pay off the debts of the defaulters nobody will be willing to give out money
Nattydread
Elder Lister
How can a bank be forced to lend?
Pirate of carribean
Elder Lister
To those listed in crb by the likes of tala
Mongrel
Elder Lister
Nattydread
Elder Lister
Hujajibu.
Rink iko wapi?
Nefertities
Elder Lister
Kumbe you got promoted?
Haha, unatakaje
Mwendawazimu
Elder Lister
Interest rate cap bado iko ama ilitolewa??
Banks face fines for locking out blacklisted borrowers
Lenders face a fine of Sh2 million for every defaulter they deny loans to for being listed negatively with the country’s CRBs.
www.businessdailyafrica.com
Nefertities
Elder Lister
Ilikuwa tu muhahe. Tuliza.
Kobago
Elder Lister
unalipwa ngapi?
Mongrel
Elder Lister
Liberty
Elder Lister
Niaye Neff!
Dibbz
Lister
Mwenye post anaogopa kuweka rink, ndio hii hapa.
Aai huwezi niambia nitulize tu hivo. Niko na story na wewe
It's Me Scumbag
Elder Lister
Should have mentioned m o n e y...