Tag: Debt & Loans

How to Get CRB Clearance Certificate in Kenya

A CRB certificate is the paperwork issued by Credit Reference Bureau (CRB) institution as evidence that a person or firm is not listed as a defaulter by any financial institution therefore blacklisted from seeking additional loans. A CRB institution is licensed by the CBK to gather, keep and combine credit information on individuals and companies […]

How to Get CRB Clearance Certificate in Kenya

A CRB certificate is the paperwork issued by Credit Reference Bureau (CRB) institution as evidence that a person or firm is not listed as a defaulter by any financial institution therefore blacklisted from seeking additional loans. A CRB institution is licensed by the CBK to gather, keep and combine credit information on individuals and companies […]

Debt vs Loan: Can You Be Arrested For It?

The terms debt and loan are used interchangeably by Kenyans but they are not the same. There is a difference between a debt and a loan. While a debt refers to anything such as property, money, provision of services, or any other form of consideration, a loan is a form of debt where one lends […]