One thing lenders will always check for before they make a decision to lend to an interested borrower is the CRB list. On the other hand, the borrowers do not like that at all. So it is better on their side when they come across one loaning app without registration and crb check in Kenya.
Additionally, a potential borrower might be turned away because of the registration fees. Now, let’s find out, whether there are loan apps that do not require any registration fees and do not have the CRB check. Checking the CRB record is quite important and it is a must-do for some loaning agencies. However not every loaning agency is interested in checking the last history of a potential borrower.
Before the Covind 19 pandemic struck, the loan apps, just like any other regulated loaning agencies, used to check for CRB records before they could give loans, however with the new set of regulations accompanying the pandemic, many loan apps are not able to check for CRB records.
This was due to the move to bar access from CRB records by the central bank of Kenya. Since there are many microfinance and digital loaning agencies that are willing to continue with their business without having to check their client’s records, there are many digital agencies that still work without. Below are the 17 loan apps in Kenya that don’t check crb or charge registration fees.
17 Loan Apps Without Registration Fees And CRB Check In Kenya
- Jazika loan app
- Tunzi loan app
- Usawa loan app
- Upazi loan app
- Kano loan app
- Craft loan app
- Utajiri loan app
- Dolax loan app
- Fadhili loan
- Bayes loan app
- Tala loan app
- Timiza loan app
- Branch loan app
- Mokash loan app
- Lion Cash loan app
- Timiza loan app
- Direct Cash loan app
Categories Of Loan Apps Without CRB Check
We have some categories of loaning apps that do not check for CRB records either as a result of the directive by the central bank or that they never checked even before the directive was given.
1. Digital lenders not run by commercial banks
All the digital lenders that are not run by the commercial banks in Kenya are not given the mandate to access the CRB records and consequently, they cannot check for CRB. Still, some under this category chose to check on CRB long even before the directive was issued.
2. Those that use alternative data on the smartphones
Since the beginning, there are those lenders who decided not to be checking on the CRB history of their clients but then opted for different options as per their terms of work. They could check for some other data on the client’s smartphone and those who qualify according to the given regulations would be considered for loans.
One thing with this kind of lender is that there is always something they do charge either as a processing fee or appraisal fee or even processing fees. Additionally, some of these lenders charge very high-interest rates on their loans. As a borrower, consider the lender’s terms to see whether they suit you before taking on a loan.
Those are just nine of our selected applications that do not check on the CRB but there are many more. However, we selected these because they tend to be a little cheaper with the fees and interest. There is still a lot more to consider and you can still do some little research to enable you to find the convenience you desire.
Loan Apps Without Registration Fees And CRB Check In Kenya FAQs
Filiza, fathili, and jazika loan apps give loans to Kenyans without checking their crb credit record. All the apps covered in this article do not check your crb listing to give you a mobile loan.
Yes, even if you are blacklisted by crb in Kenya you can get a loan from mobile loan apps like fadhili and fuliza. Some micro finances also do not check whether you are blacklisted to offer you a loan.
Zenka loan app cannot put you in crb. The CBK barred all loan apps in Kenya from accessing CRB services and therefore no loan app in Kenya can blacklist you on CRB.
No, Okash cannot list you on CRB. As said earlier, all loan apps in Kenya do not have the ability to submit credit reports of their users to CRB.
No, Timiza loan app does not check CRB status, instead, they access your mobile loans histories like your fuliza and mshwari.
Mobile loan apps in Kenya cannot list you on CRB. This is after the CBK revoked their access to using CRB services and therefore prevented loan apps from submitting credit records to CRB.
Fuliza cannot list you on CRB. However, if you default on your Fuliza credit payment, you might lose your fuliza limit or even access to fuliza loan services.
Tala does not have CRB. They used to have CRB but later on, Tala was denied CRB services.
To remove your name from a blacklisted CRB, you have to clear your defaulted loan and reach out to CRB to let them clear your name.
To get a loan even if you are blacklisted, use micro finances or loan apps since they cannot blacklist you on crb.