Due to the negative listing of many Kenyans with the CRBs, the listing process has been abused by most loan apps and the Central Bank of Kenya (CBK) has barred many loan apps from listing Kenyans with CRBs.
The loan apps provide quick credit to distressed individuals but at very exorbitant prices. The loan apps have a very short repayment period ranging from 8 days to 365 days. Many people found themselves unable to pay the costly loans over the very short period.
Many ended up being listed with CRBs and these meant that these Kenyans could not access credit from any other institution that works hand in hand with the CRBs. At one point, some 15.6 million Kenyans had been adversely listed by CRBs.
The CBK which is the regulatory body for the CRBs barred them from listing loan apps, and they cannot list any loan in default that is less than Ksh2,000.
Here are some of the loans apps that have been barred from the CRBs;
- Zenka Loan App
- TalaLoan App
- OKash Loan App
- iPesa Loan App
- Okolea Loan App
- FlashPesa Loan App
- OPesa Loan App
- CashNow Loan App
- Kashway Loan App
- CreditHela Loan App
- Creditmoja Loan App
- Meta Loan App
- Branch Loan App
- LionCash Loan App
- Zash Loan App
- Timiza Loan App
- PesaZone Loan App
- FairKash Loan App
- HikashLoan App
- Patron Loan App
- SentiLoan App
- Berry Loan App
- Kashbean Loan App
- BayesLoan App
- KashPlus Loan App
- MoKash Loan App
- Apesa Loan App
- LendPlus Loan App
- FaKash Loan App
- Pocket Cash Loan App
- AfrikaLoan Loan App
- Seven Kash Loan App
- KesMallLoan App
- CreditKes Loan App
- MyKes Loan App
- LoanPesa Loan App
- KesLoan Loan App
- Pesa Loan Loan App
- AsapKash Loan App
- Saida Loan App
- DirectCash Loan App
- FairMoney Loan App
- TiFi Slice Loan App
- Mkopo Loan to Mpesa Kenya
- Stawika Loan App
- Sky Pesa Loan App
- YeahKash Loan App
- Lemon Kash Loan App
- MB-Kash Loan App
- Fuliza Branch Loan App
- M-KASH Loan App
- L-Pesa Loan App
- Izwa Loans Loan App
- FastKash Loan App
- Kopa Kash Loan App
- UbaPesa Loan App
- Kuwazo Loan App
- iUpesi Kash Loan App
- Helacash Loan App
- EasyKash Loan App
- HELA PESA Loan App
- CashSea Loan App
- Bawa Credit Loan App
- Air Credit Loan App
- Kasi Loan Loan App
- Elevate Loan App
- Kopa Loan App
- Okoa Cash Loan App
- WayKash Kenya Loan App
- Scoppe Loan App
- L Cash Loan App
- Kava Loan App
- Kinvest Loan App
- LKash Loan App
- Zidisha Loan App
- Sortika Loan App
- Lee Cash Loan App
- Family Loans Loan App
- Okoa Pesa pap Loan App
- Ustawi Loan App
- Hustler Loans Loan App
- Loan Kash Loan App
- CashNow Loan App
- FairCash Loan App
- Quick Instant Loan App
- Pesanow Loan App
- Afrecash Loan App
- Inuka Loan App
- Inua Funds Loan App
- mKopa Loan App
- Mobile Loans Kenya App
- Aella Loan App
- Me-Pesa Loan App
- PesaKit Loan App
- Haraka Loan App
- Kash Chapaa Loan App
- Mpaso Loan App
- Jistawi Loan App
- CEMES Loan App
- IIFL Loan App
- Pngme Loan App
- Cash-flex Loans App
- CashBerry Loan App
- Kopesha Loan App
- Azima Loan App
- DevPesa Loan App
- Credit Loans Loan App
- Xash Loan App
- Little Pesa Loan App
- PesaPata Loan App
- Ooh Kash Loan App
- Ezesha Loan App
- Flash LoanLoan App
- Mwananchi Credit Loan App
- Pronto Loan App
- CashplusLoan App
- WezeshaLoan App
- Take Loans-Get Cash Loans App
- M-KOPA Loan App
- MOMBO Loan App
- Uwezo Pesa Mtaani Loan App
- Palm Mpesa Loans App
- Blocka Cash Loan App
- Ganji Loan App
- KopeshaCash Loan App
- Kilele LoanLoan App
- Maisha LoansLoan App
- Tala Hela Loan App
- HaziniLoan App
- O-Kano Loan App
- Ahili Loan App
- Jawabu Biashara Loan App
- Eazy Loans Loan App
- Uni-cash Loan App
- Swift Loans Loan App
- Nawiri Loan App
- Mkopo Kenya Loan App
- Loans and credit Loan App
- Mobiloan Loan App
- Express Loan App
- Kopesha Loans App
- KashNow Loans App
- Boresha Loans App
- dolaxPlusLoans App
- M-Cosmo Loans App
- KashPlus Loans App
- LetsGo Loans App
- LionCash Loans App
- Platinum Loans App
- Eazy Cash Loans App
- Loan MapesaLoans App
- CashWay Loans App
- Pesa Pewa Loans App
- Ushindi Cash Loans App
- KNPay Loans App
- CashWay Loans Loans App
- Flash Loans App
- Fintech Loans App
- KK Loans App
- Zanke Loans App
- Kashway Loans App
- M-KopeshaLoans App
- Credit Kash Loans App
- wezaloans Loans App
- Palm Mobile Loans App
- M-Loans Loans App
- MaSenti Loans App
- T-Kash Loans App
- Jamii Loans App
- 24/7 Loans App
- Inpesa Pap App
- Inua Mkopo Loans App
- Loan Now Loans App
- Instahela Loan App
- Jiinue Loans App
- Mkopo Rahisi Loans App
- Kopacash Loans App
- MaishsCredit Loans App
- Kopesha Loans App
- Pesa Loan App
- Copia Loans App
- Flashy Pesa Loans App
- Kopo Kash loans App
- Tujijenge Instant Loans App
- Qwik Loans App
- Online loan for everyone without rejection advises App
- StarksPesa Loans App
- Ufanisi Credit Loans App
- RealPesa Loans App
- Loan Pap Loans App
- Life Cash Loans App
- MaPesa Loans App
- lendiplus Loans App
- Cash Cash Loans App
- fulusi Loans App
- Cashy Loans App
- Easy Cash Loans App
- QuickCash Loans App
- Faida Yetu Loans App
- Borrow Money Fast Loans App
- Quick Pesa Loans App
- Hela Pesa Loans App
- Swift Cash Loans App
- Fu LIZA ChapChap Loans App
- K Pesa Loans App
- Unifi-Fast Cash Loans App
- CashWay Loans App
- KashNow Loans App
- GoLoan Loans App
- Wezesha Loans App
- T-Kash Extra Loans App
- AEC Loan Loans App
- KopaKash Loans App
- Get Loan App
- SALT Crypto Loans App
- APFKash Loans App
- Lendtek Loans App
- Fanaka Credit Loans App
- Huduma Loans App
- Kopa Pesa Loans App
- Loan Kawala Loans App
- Prime Capital Loans App
- HiPesa Loans App
- Kopa Loans App
- Digital Credit My Friend Loans App
- Agiza Loans App
- M-cash Loans App
- Fathili Loans App
Though the loan apps have been barred, they still give out credit but are now more strict with the credit appraisal to reduce the default rates.
