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T-Bag		#11 Posted : Friday, September 16, 2016 10:03:13 AM
Rank: Member Joined: 9/25/2008 Posts: 510		Parliament urged to disband credit reference bureaus http://www.businessdaily...98168-ggn16x/index.html The Act should be amended coz the idea should be once someone clears a debt the name is expunged from the database not keep information for 5 yrs. It was meant to reduce default and reward good borrowers not a mere blacklist! I AM trust in GOD, I AM belief in THYSELF
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enyands		#12 Posted : Friday, September 16, 2016 10:35:27 AM
Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya		kimanimsc wrote: More than 400,000 Kenyans are listed with the credit reference bureaus (CRBs) for outstanding mobile loans of less than Sh200. A survey by Transunion Credit Reference Bureau (CRB) found that 316,455 people in a group of 600,000 cases had been negatively listed for outstanding balances of less than Sh100 associated with mobile money. Credit bureaus charge Sh2,000 for clearance certificates. That country called kenya is messed up .hata usa there is nothing like this nonsense called clearance certificate .you clear then you are set .these balanoglosus are finding avenues to "eat". Reminds me of the ICT bill
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