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Home Finance Is The CRB Listing Freeze A Blessing Or A Curse To Kenyans?

Is The CRB Listing Freeze A Blessing Or A Curse To Kenyans?

by Vanessa Waithera
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CRB

Is the CRB listing freeze a blessing or a curse to Kenyans?

After the pandemic happened there were measures that were put in place to cushion Kenyans from their economic issues. One of the measures that was put in place was to money lenders, they could no longer list people on CRB for some time. But was this a good or bad thing? Getting a loan from these digital platforms has become more challenging because without the lack of threat that people can be listed on CRB people would end up defaulting. You can’t be ignorant to the fact that a lot of people have been suffering financially and there might be a possibility that a lot more people are unable to actually pay the loans back.

Is the CRB listing freeze a blessing or a curse to Kenyans?

After the pandemic happened there were measures that were put in place to cushion Kenyans from their economic issues. One of the measures that was put in place was to money lenders, they could no longer list people on CRB for some time. But was this a good or bad thing? Getting a loan from these digital platforms has become more challenging because without the lack of threat that people can be listed on CRB people would end up defaulting. You can’t be ignorant to the fact that a lot of people have been suffering financially and there might be a possibility that a lot more people are unable to actually pay the loans back.

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