Close Menu
News HubNews Hub
  • Home
  • General News
  • Breaking News
  • Trending
  • Business
  • Entertainment
  • Politics
  • Health
  • Celebrities
  • Economy
  • Sports
Trending Now

Ruto Launched a Project in Foreign Land Where the President of that Country has no Idea,,Says She Never Approved “Ni aibu kubwa”

May 5, 2026

Employers Explain How Salary Adjustments Will Be Applied After Ruto’s Wage Directive

May 5, 2026

CS Ogamba on the Spot Over Mass Grade 10 Dropouts

May 5, 2026

List of Benefits Uhuru Stands to Lose If Cherargei’s Motion Passes

May 5, 2026

Indicative Quote: Meaning, How It Works, and Example

May 4, 2026

How Leverage Works in the Forex Market

May 4, 2026

How to Use Leverage in Forex Trading

May 4, 2026

Personal Loans for Self-Employed Individuals

May 4, 2026

Understanding Decentralized Finance (DeFi): How It Works and Why It Matters

May 4, 2026

Using DeFi Protocols for Quick Loans

May 4, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
News HubNews Hub
WhatsApp Facebook Advertise With Us
  • Home
  • General News
  • Breaking News
  • Trending
  • Business
  • Entertainment
  • Politics
  • Health
  • Celebrities
  • Economy
  • Sports
News HubNews Hub
Breaking News

Government Explains Why You’re Still Listed on CRB Even After Paying Your Loan

Journalist BenedictBy Journalist BenedictJuly 18, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The government has come forward to clarify why many Kenyans continue to appear on the Credit Reference Bureau (CRB) blacklist even after they’ve repaid their loans in full.

Speaking at a leadership forum on Thursday, July 17, the Principal Secretary of the State Department for Micro, Small and Medium Enterprises (MSME) Development, Susan Mang’eni, explained that CRB listing doesn’t always mean something negative.

She pointed out that CRBs in Kenya track and record both positive and negative credit history, depending on how a borrower handles their loan repayments.

“Let’s be clear—being listed on CRB is not a bad thing in itself. It’s all about sharing financial information,” Mang’eni said. “There are positive listings, which reflect good repayment behaviour, and negative listings, which indicate defaults. Unfortunately, most financial institutions only report the negative data and rarely share positive credit records.”

She further explained that once a person is listed negatively for defaulting on a loan, the status doesn’t disappear immediately after repayment. According to CRB regulations, which are aligned with international credit reporting standards, a negative listing remains on your credit file for up to seven years, even if you’ve paid the loan off.

“Once you’re marked as a defaulter, that status stays with you for seven years. Even if you clear your debt, you’re still viewed as a defaulter until that time lapses and your name can finally be cleared,” she said.

This long-term effect can be damaging. For ordinary Kenyans, being negatively listed means being denied future access to credit, including personal loans, mortgages, education financing, or even business capital.

Entrepreneurs may see their businesses stall due to lack of funding, while families may struggle to move forward with life plans like buying a home or sending children to school.

PS Mang’eni revealed that nearly 8 million Kenyans have faced CRB blacklisting, a problem that got worse due to several crises in recent years, such as the COVID-19 pandemic, ongoing droughts, and global conflicts that disrupted local economies. These situations caused many people to default on their loans.

To address this growing problem, she said the Kenya Kwanza government introduced the Hustler Fund, designed to offer affordable credit to people regardless of their credit score. It also aimed to change the narrative among formal lenders who often assume that once you default, you’re no longer creditworthy.

“Hustler Fund was introduced to give Kenyans a second chance. It’s also meant to show financial institutions that not all Kenyans are bad borrowers. Many people just need support and fair opportunities,” she added.

In short, CRB listings don’t instantly go away after debt repayment. The system keeps that information for years, but government programs like the Hustler Fund are stepping in to ease the pressure on borrowers and create a more forgiving financial environment.

Join Gen Z New WhatsApp Channel To Stay Updated On time https://whatsapp.com/channel/0029VaWT5gSGufImU8R0DO30

Follow on WhatsApp Follow on Facebook
Share. WhatsApp Facebook Twitter LinkedIn Email Copy Link
Journalist Benedict

Related Posts

Ruto Launched a Project in Foreign Land Where the President of that Country has no Idea,,Says She Never Approved “Ni aibu kubwa”

May 5, 2026

Employers Explain How Salary Adjustments Will Be Applied After Ruto’s Wage Directive

May 5, 2026

CS Ogamba on the Spot Over Mass Grade 10 Dropouts

May 5, 2026

List of Benefits Uhuru Stands to Lose If Cherargei’s Motion Passes

May 5, 2026

Indicative Quote: Meaning, How It Works, and Example

May 4, 2026

How Leverage Works in the Forex Market

May 4, 2026
Leave A Reply Cancel Reply

Recent News

Ruto Launched a Project in Foreign Land Where the President of that Country has no Idea,,Says She Never Approved “Ni aibu kubwa”

May 5, 2026

Employers Explain How Salary Adjustments Will Be Applied After Ruto’s Wage Directive

May 5, 2026

CS Ogamba on the Spot Over Mass Grade 10 Dropouts

May 5, 2026

List of Benefits Uhuru Stands to Lose If Cherargei’s Motion Passes

May 5, 2026

Indicative Quote: Meaning, How It Works, and Example

May 4, 2026

How Leverage Works in the Forex Market

May 4, 2026

How to Use Leverage in Forex Trading

May 4, 2026

Personal Loans for Self-Employed Individuals

May 4, 2026

Understanding Decentralized Finance (DeFi): How It Works and Why It Matters

May 4, 2026

Using DeFi Protocols for Quick Loans

May 4, 2026
Popular News

Auditor General Exposes How State House, Deputy President’s Office Broke the Law

February 25, 2025

Fearless Gachagua Speech in the U.S. Sends Shockwaves in Kenya

August 11, 2025

Breaking: High Court Declares Early Political Campaigns Illegal in Kenya

June 11, 2025

MP Urges Ban on BBC After Exposé Links KDF to Protester’s Death

April 28, 2025

How heads of states ignored President William Ruto in Ghana! You can see the anger in his eyes after being ignored. Watch

January 11, 2025

Why President Ruto Risks Going to Jail

June 24, 2025

On-Chain Collateral Auctions: Mechanisms and Incentives

August 18, 2025

Opposition Leaders Challenge Ruto-Odinga Deal Amid Prime Minister Office Rumors

March 7, 2025

Ruto Breaks Silence over AI Coffin Images Shared on Social Media

January 10, 2025

Everything You Need to Know About Crypto Loans

March 6, 2025
Facebook X (Twitter) Instagram Pinterest
  • Home
  • General News
  • Trending News
  • Advertise With Us
  • About Us
  • Contact Us
  • Privacy Policy
© 2026 News Hub. Designed by News Hub.

Type above and press Enter to search. Press Esc to cancel.