Mobile banking lets you borrow money in under 5 minutes without collateral through loan apps on your phone.
When you install the app, it will ask for various permissions. This includes but isn’t limited to, accessing your contact list, pinpointing your current location, viewing your media files and storage, retrieving account information, and extracting other data you might have stored on your device.
To ensure prompt loan repayment, the provider utilizes your data. If payments are overdue, they might connect with your contacts. Stay ahead and avoid such situations.
If you don’t pay back a loan, they tell the Credit Bureau, and then it’s harder to get another loan.
Not every loan provider in Kenya relies on CRB verifications. This article systematically highlights the leading 50+ loan apps that disregard CRB checks during their loan processing.
What is CRB?
The Credit Reference Bureau (CRB) was instituted as a centralized system to keep a vigilant eye on the behaviors and patterns of borrowers.
Its creation stemmed from the need to assist lending institutions in addressing the prevalent issue of non-performing loans (NPLs) and to significantly diminish the potential risk associated with loan defaults
In Kenya, loan providers assess your CRB status before approving loans. Currently, there are three operating CRBs: Creditinfo, Transunion, and Metropol.
How to Get a Loan Without CRB Check in Kenya
In Kenya, if you’ve had loan issues and urgently need funds, it’s crucial to confirm your status on the Credit Reference Bureau (CRB) list before proceeding with loan applications.
If you’re dealing with a CRB listing in Kenya, it’s crucial to research loan apps that don’t require CRB checks. We’ve done the legwork for you and provided a list below.
It’s important to be aware that the majority of loan apps in Kenya, which do not involve CRB checks, typically come with high-interest rates and additional fees.
Loan apps in Kenya without CRB Check
We’ve made it easy for you! Here are some Kenyan loan apps that don’t worry about CRB checks. Check them out below.
1. Branch Loan App
Need a loan in Kenya without CRB? Branch is your solution! They can get you a loan in just under 5 minutes
Through the Branch Loan app, you have the flexibility to borrow any amount between KSh 250 and KSh 70,000, enjoying some of the best interest rates available. The process is swift, with your loan amount disbursed directly to your Mpesa account within minutes.
The app lets you earn extra income by referring friends. You receive approximately KSh200 for each friend who registers with your coupon code
2. Okash Loan App
Okash Loan App is a trusted name in Kenya, known for its swift loan services. You can access loans within minutes using their app or USSD code, and the best part is, they don’t bother with CRB checks
The Okash Loan app employs a credit evaluation method based on your phone data. As long as you maintain a history of timely loan repayments while utilizing their service, you have the potential to access loans of up to KSh 70,000.
3. Mokash Loan App
Next on our list is the Mokash Loan app. They offer users loans without a CRB check, using your phone’s information and data to assess creditworthiness
he MoKash loan app provides loans at a competitive interest rate, ranging from 3% to 20%. You can borrow up to KSh 30,000.
4. Tala Loans
Tala, a prominent loan provider in Kenya, boasts a rich history of reliable services. They prioritize swift loan approvals without requiring CRB checks. Furthermore, the Tala loan app has garnered exceptional reviews and ratings on the Google Play store, amassing over 1M downloads
Need a loan in Kenya? M-Fanisi loans from Maisha Microfinance Bank have you covered! Just use *281# if you’re with Safaricom or *222# if you’re on Airtel. And here’s the best part: no CRB checks.
Other Mobile loan apps without CRB Checks in Kenya
Here is a complete list of loan providers in Kenya that do not require a CRB check.
- Craft loan app
- Fair Money
- HiCash Quick and Easy Loans to MPESA
- Dolax loan app
- Hela Pesa
- Imarika Credit
- Izwa Loans
- Kano Loan App
- Fintech Loans
- Loans Chap Chap
- Fair Branch: Instantly and Accuracy
- Instant Cash- Reliable Money
- i-Save Mobile
- Umba (Formerly Mkopo Kaka)
- Kash Pesa Loans
- Kava Personal Loans
- Lendy LOANS
- MKash Bee
- Okoa Pesa pap
- Okolea Quick Loans
- Palm Loans Kenya
- Peso Loans
- Usawa Loan app
- Zenka Loan
- Eazzy Loans
- Kenya Quick Loan Shop
- Upazi loan app
- Zash Loan
- Fuliza Branch
- Fululiza Senti
- Kenya Quick Loans Market
- Lendi mkopo
- Mshiko Chap
- Phedha Loans
- Utajiri loan app
- Afrika loans
- Kopa Jirani
- Okoa 0% Interest Loans
- Top Loan Lenders
- Okoa Cash Loans
Before a loan provider decides to lend you money, they will check your financial history with a Credit Reference Bureau (CRB) if you’ve borrowed from multiple lenders. This is an important part of the loan approval process, but many borrowers don’t like it.
The CRB keeps records of borrowers, including their credit history, credit score, and how well they’ve paid back loans in the past. These records help loan providers decide whether to give you a loan or not. However, some loan providers don’t use this information. Instead, they rely on the information you provide and data stored on your phone. In this post, we’ve listed loan providers in Kenya who don’t check your CRB status