Prime

How credit scores will benefit borrowers after rate cap era

Metropol Credit Referrence Bureau MD Sam Omukoko. PHOTO | DIANA NGILA

By  CONSTANT MUNDA

Correspondent

Kenya’s credit information sharing mechanism came into force in February 2014 following publication of Credit Reference Bureau (CRB) Regulations 2013.

The idea was to assess and score borrowers according to their credit history and help those with clean records to negotiate for better loan terms.

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