CRBs Asked To Delist Kenyans From The Blacklist

The three Credit Reference Bureaus (CRBs) will have to remove a majority of Kenyans from the blacklist as ordered by the Central Bank. 

Metropol CRB, Transunion CRB and Creditinfo CRB were directed to remove defaulters blacklisted as a result of failing to repay loan amounts below ksh1000.

CBK on Tuesday 14th April announced new regulations affecting how the CRBs are going to be collecting borrowers' information a move to safeguard the Kenyan consumers. 

The CRBs were also ordered to stop collecting borrowers' information from lenders not licensed by the CBK including digital lenders and Credit-Only companies. 

Read ; Loan Apps and Credit-Only Institutions barred from sharing borrowers' information to CRBs

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