Kcb Credit Card: Fill & Download for Free

In Kenya, people are allergic to credit cards, but that does not mean they do not like debts.Credit card issuers in Kenya have a very high threshold, frankly, I am yet to know a credit card issuer who has a threshold of less than $1000 a month, and it is from their salary, rather than income.However, the use of debit cards and prepaid cards are common in Kenya.Every bank issues debit cards and even mobile money comes with a prepaid card like the Airtel Money Visa Card. Contactless payments like Mpesa One Tap are also becoming popular.With regards to debt, Kenya has always been at the forefront of mobile payments, it is of no surprise that mobile and online loan apps are the most popular ways of getting a loan. Mshwari and KCB MPESA , which are mobile based allow people to get loans on their mobile phones while online apps transfer money to one’s mobile wallet in seconds. This ease of convenience and the fact that you can borrow even from seven apps at once has become a major issue in the country.

14 places you can get quick loans in KenyaWe have all at one point in time been in a situation where we needed some cash to sort out something urgently. The quickest source of this cash is family and friends, however they are not always able to come to your aid. A bank loan takes longer time to come through, so what do you do?Enter the mobile loan services, not only are they fast, they will also loan you the money with minimal fuss unlike the conventional bank. Check out some of the places you can get quick loans in Kenya for that rainy day.1. mKeymKey is a digital banking service that was launched by Finserve Africa in September. Through the app, customers can chat with their pals, read news, shop, pay bills, save and even take loans.The app is available for download on the Google Play Store.You can borrow from Ksh. 300 to Ksh. 1 Million and the loan interest rate is 9%.2. BranchBranch describes itself as a for profit socially conscious company based in San Francisco and Nairobi. To be able to access their loans, one has to download their Android app, fill out a form in the app and submit for a quick review.When you download the app, it asks for access to some of the social and transactional history already stored on your phone courtesy of Mpesa and Facebook among other apps. Through this, they are able to analyse details like how much you spend in a day, whether or not you have a loan with other lenders, how much money you have deposited in Mpesa and who your friends and business associates are. Through this they are able to determine your risk profile.Those who might not be on Facebook and as such don’t have a “digital identity” can initially request to borrow a small amount of money, repay it on time after which they can borrow bigger amounts with time. The good thing about Branch is that as you build your credit history, the fees reduce and you are able to access larger loans and more flexible credit terms.The features of the loan include; loan amounts of Kshs. 250 ($2.5) to Kshs.50,000 ($500), repayment periods of 2 weeks to 1 month and interest rates of 6% to 16%.3. KCB M-PESAThis saving and loans account is the result of a partnership between Kenya Commercial Bank and Safaricom. It is a virtual mobile based bank account that allows customers to borrow micro loans between Kshs.50 and Kshs. 1 M. The savings option has a minimum saving of Kshs.1 and maximum saving of Ksh. 1M at a 6% interest rate.To activate it, just go to your Mpesa menu, loans and savings option and finally KCB Mpesa. In this case your Mpesa transcation history plus how much you have saved in your KCB Mpesa account will determine how big a loan you will get.To be eligible one has to be atleast 18 years old, have a registered and active Mpesa account for atleast 6 months and an updated Mpesa menu.The loan features include; loan amounts of Kshs.50 to Kshs.1M, repayment period of 1 month, 3 months and 6 months, the interest rates depend on repayment period: 6% (1 month), 5% (3 months), 4% (6 months).4. M-ShwariLaunched in 2012, this collaboration of CBA bank and Safaricom took the country by storm. So popular was it that by 2015 there were over 10 million Mshwari accounts with CBA disbursing over 50,000 loans every day.To be eligible for an Mshwari loan, you have to be over 18 years old, have a registered and active Mpesa account for about 6 months and you also need to have updated your Mpesa menu.The minimum loan amount that one can access is Ksh. 100 and the maximum amount is Ksh. 20,000. The repayment period is 30 days and the interest rate is 7.5%. The loan is disbursed via Mpesa, loan repayment can be done via Mpesa or be deducted from your Mshwari account. In the event that you delay or default on payment, you will be charged a 7.5% facilitation fee on the outstanding loan balance.5. MCo-op Cash loansMCo-op Cash is a product of the Co-operative Bank of Kenya (Co-op Bank). It is an app that allows Co-op Bank customers to access bank services and also loans.To get a loan, you need to be a Co-op Bank customer and you have to have the MCo-op Cash app on either the Google Play Store or the iOS App Store.You can borrow from Ksh 3,000 to a maximum of Ksh 100,000.The charges on the loans are as follows:1 Month individual loans – 1.166%3 Month individual loans – 3.498%Business Loan – 1.166%Insurance on 3 Month Loan – 0.102%6. Eazzy LoanThis loan is provided by Equitel, a mobile banking platform launched by Equity last year. The first thing that you need to do is to open an Equity account after which you are eligible to get an Equitel line. Once you get the SIM card just go to the sim toolkit, select my money and thereafter loans. Follow the prompt to be able to get a loan. Being a product designed by a bank, the expectation is that you need to have saved with them for a period of time before they can advance a loan to you.The Eazzy loan features include; interest rate of 2%-10% per month of the loan amount on a flat rate, the minimum loan amount is Kshs.1,000 and the maximum loan period is 12 months. In case you delay to make a payment you will be charged a fee of 6% per annum above the normal interest rates on the amount outstanding.7. OKashOKash is a micro-loan service by Opera. To access the loans, you need to download the app from the Google Play store and apply for the loan from there.Customers can get loans of between Ksh. 500 and Ksh. 100,000. Their loans attract 14% interest so if you borrow Ksh. 1,500 you will pay Ksh. 1,710 (i.e. with an interest of Ksh. 210). Their repayment period is 14 days.8. HarakaHaraka is a micro-loan service by GetBucks, a South African company. To get the loan, you need to download the app from the Google Play Store and apply for the loan from there.Customers can get loans of between Ksh. 500 and ksh. 5,000. Their loans attract an interest of 23.45% so if you borrow a loan of Ksh. 750 borrowed for a month will attract an interest of Ksh. 175.90 which will make the loan repayment amount to be Ksh. 925.90. The repayment period is between 7-30 days.9. TimizaBarclays Bank Kenya has launched a digital banking platform, dubbed Timiza. The platform also offers micro-loans to Kenyans. You can register on the Timiza platform by dialing *848# on your Safaricom line or downloading the app from the Google Play Store.Customers can get loans of upto Ksh. 150,000. Timiza offers loans of upto Ksh. 150,000 and the loan amount that you get depends on your M-pesa transaction history. The loan amount will be charged an interest of 6.17% (i.e. 5% processing fee and 1.17% interest). The loan is payable in 30 days.10. WhizzHousing Finance recently launched a digital banking product called Whizz. You can register by downloading the app on the Google Playstore.Customers can access loans of upto Ksh. 50,000. The loan amount will be charged an interest of 7.725%. The loan is payable in 30 days.11. LoopCommercial Bank of Africa (CBA) launched their digital banking service Loop in March 2017. They recently updated it to include loans and overdrafts. To register for a CBA Loop account, you need to download the Android app , iOS app or go to their website cbaloop.com.Loop customers can access loans of up to Ksh. 3 million and overdraft of upto Ksh. 100,000. Loan repayment period is between 6-36 months. Interest rates will vary depending on the customer.12. TalaTo use Tala, you have to download their Android app, create an account and answer a few questions that will help them determine whether you qualify for the loan or not. They conduct their risk analysis by checking your Mpesa transaction history.Once you get your loan you can choose to repay in two installments within a month or pay once at the end of the month. Once the loan has been approved, it will be sent to you via M-pesa.The interest rate for the loan repayment is 11% and 15% depending on the amount.13. Safaricom FulizaThis is the latest and most captivating loan facility among Kenyans.To use, Safaricom Fuliza, you have to sign up on the MySafaricom app and opting in under the Fuliza tab in M-Pesa. You can also sign up via USSD by dialing *243#.The amounts offered will depend on your M-Pesa usage. Once you get the loan you will be able to use it to pay bills and also buy goods and services.The charges for the overdraft are a 1% access fee and a maintenance fee on the outstanding balance as per the table below. This means that the sooner you pay for it the better if you don’t want to pay expensive charges.AmountCharges0 -100One-time fee of Ksh 2101-500Ksh 5 per day501-1000Ksh 10 per day1001-1500Ksh 20 per day1501-2500Ksh 25 per day2501-70000Ksh 30 per day14. Salary loan from MCo-op Cash by Co-op BankMCo-op Cash is now offering salary loans to customers that receive their salary through their Co-op bank accounts. The MCo-op Cash Salary Loan is available to those who receive their Salary through their Co-op Bank account.To get a loan, you need to be a Co-op Bank customer and you have to have the MCo-op Cash app on either the Google Play Store or the iOS App Store. You can also access it by dialing *667# on your phone.Customers can apply for up to 1.5 times of their net salary as received in their Co-op Bank account up to a maximum of Ksh. 200,000. The charges on the loans are 8% and are deducted up-front before the loan is deposited into your account. The repayment for Mco-op cash loan is 1 month or 3 months and you have to choose when applying.Courtesy of ©2019 HapaKenya.

Almost every credit reporting bureau is obliged to offer at least one free report to consumers every twelve months. Such reports can be requested from the companies directly.The following is a basic list of credit reporting agencies world wide:Argentina Nosis Credit Bureau, Veraz EquifaxArmenia Armenian Credit Reporting Agency (ACRA)Australia CreditorWatch, Compuscan, illion, Experian, Tasmanian Collection Service, Equifax,Brazil SPC Brasil, Boa Vista Serviços, Serasa ExperianCanada Equifax Canada, TransUnion CanadaDenmark ExperianDominican Republic Data-Crédito, TransUnionEcuador Equifax, AcreditaEthiopia CompuscanEl Salvador TransUnionGeorgia CreditinfoGermany Creditreform, Bürgel, SCHUFA, BoniversumGuatemala TransUnionGuyana CreditinfoHonduras TransUnionHong Kong TransUnionIceland CreditinfoIndia High Mark Credit Information Services, CIBIL, Experian & EquifaxIreland CreditinfoIran Iran Credit ScoringLatvia CreditinfoLithuania CreditinfoMalaysia Credit Bureau Malaysia, CTOS Data SystemsMexico Equifax, TransUnionNew Zealand Veda Advantage, illion, CentrixNetherlands ExperianNicaragua TransUnionNiger Creditinfo, Finedatta Africa LtdNigeria XDS Credit Bureau, Finedatta Africa LtdNorway ExperianPakistan eCIBPeru Equifax, Xchange PeruPhilippines CIBI Information, Inc., Compuscan, TransUnion Information Solutions. Inc.Poland Polish Credit Bureau "BIK"Romania CreditinfoSingapore DP Information Group, Credit Bureau (Singapore)South Africa Compuscan, Experian, TransUnion, Finedatta Africa LtdSouth Korea National Information & Credit Evaluation(NICE), Korea Credit Bureau(KCB)Spain RAI (companies only); ASNEF-Equifax and BADEXCUG-Experian (consumers)Switzerland Zentralstelle für KreditinformationTaiwan Joint Credit Information Center(JCIC),Ukraine CreditinfoUnited Arab Emirates Al Etihad Credit BureauUnited Kingdom Experian, Equifax, CallcreditUnited States Experian, FICO, Equifax, TransUnion, Innovis, PRBC