In this article, we shall cover the best loan apps without CRB check in kenya. These apps come in handy when you need a fast mobile loan but have a negative credit listing.
Most loan apps in Kenya check for your credit history to ascertain your trustworthiness before giving a loan. However, the loan apps that we shall cover below use other methods to confirm your eligibility such as checking your messages, especially m-pesa transactions.
CRB stands for Credit Reference Beaureal. These are credit reference institutions that keep records of a borrower’s credit history. Read more.
Loan Apps Without CRB Check In Kenya
Below is a list of loan apps without CRB check in kenya.
- Branch
- Tala
- Fadhili Loan App
- Okash
- Opesa
- Timiza
- Haraka
- Bayes SMS Mobile Loans
- LionCash Mobile Loan APP
- Direct Cash
1. Branch
The branch mobile loan app is one of the oldest lending app in Kenya. When awarding you a loan, branch loan app does not check your past credit information. Instead, the branch loan app uses your available financial data on your phone to award you a loan. Download branch on play store.
- Loan limit – 250 to 700,000 shillings
- Interest Rate – 20% per annum
- Repayment Period – 2 months to 1 year
2. Tala
Tala was the first mobile loan application in Kenya. Tala used to refer to credit listings but later stopped due to restrictions by the central bank of Kenya. When you need a convenient loan app without anu restrictions, Tala is one of the best options to use.
- Loan limit – 1,500 to 30,000 shillings
- Interest Rate – 34% per annum
- Repayment Period – 2 months
3. Fadhili Loan App
Instead of asking for credit listing status, Fadhili loan app required your basic details to offer you a loan.
During registration, you shall be asked to provide details including your name, email address, and phone number after which you can apply for a mobile loan.
- Loan limit – 1,000 to 1 Million shillings
- Interest Rate – 34% per annum
- Repayment Period – 3 to 12 months
4. Okash
Okash is among loan apps that don’t require CRB listing status to offer you a loan.
Okash offers mobile loans of up to 70,000 shillings. Your limit is determined using your mobile data from calls, messages and more.
- Loan limit – 500 to 70,000 shillings
- Interest Rate – 7-40%
- Repayment Period – 1 to 12 months
5. Opesa
Opesa is a loan app in Kenya that offers mobile loan apps with up to 3 months repayment period.
The app requires your phone number or email address to verify your identity. Applying for a loan on Opesa takes less than 5 minutes.
- Loan limit – 500 to 70,000 shillings
- Interest Rate – 7-40%
- Repayment Period – 1 to 12 months
6. Timiza
Timiza is an app by ABSA bank Kenya. With Timiza, you can borrow loans from ksh 500 to ksh 100,000 shillings.
Timiza app also allows you to pay bills among other financial services. Timiza doesn’t consider your CRB listing to offer a loan. You can download Timiza from Google play store or iphone’s play store.
- Loan limit – 500 to 100,000 shillings
- Interest Rate -16% per year
- Repayment Period – 1 month
7. Haraka
Haraka loan app gives fast mobile loans deposited to your Mpesa account.
Haraka loan amounts start from 500 shillings to 60,000 shillings. CRB status is not among the eligibility requirements for haraka loan app.
Haraka gives you a comfortable repayment period of 3 months to 1 year with an interest rate of 16% per year.
8. Bayes SMS Mobile Loans
Bayes is has a repayment period of 3 months to 1 year. Bayes is available as an Android app and also can be accessible via USSD.
You can borrow fast sms loans from Bayes without worrying about credit history reference. Bayes offers loan amounts starting from 1,000 shillings to 50,000 shillings.
9. LionCash Mobile Loan APP
when you need an emergency mobile loan that won’t require your credit records then LionCash loan app is a good option.
LionCash offers emergency mobile loans in Kenya starting from 2,000 shillings to 10,000 shillings. If you qualify and are awarded a loan, it is deposited to your Mpesa account.
- Interest Rate – 16% per year
- Repayment Period – 3 to 12 months
10. Direct Cash
Direct Cash offers low-interest short and long-term mobile loans without CRB checks. It offers a repayment period of 3 to 12 months and an interest rate of up to 36% per annum.
- Loan limit – 1,000 to 50,000 shillings
How To Borrow A Mobile Loan Using An Application
- Have a clean credit record
- Download a loan app
- Verify Your Identity
- Allow access to non-sensitive data
- You shall be shown your limit after which you can apply and receive the loan amount via M-pesa.
Frequently Asked Questions
Conclusion
Using the loan apps without crb check above, you can now apply for a loan during emergencies or low cash periods. The mobile loan apps outlined above offer affordable loans and the best interest rates. Do your research well to choose the most favorable mobile loan app in Kenya today. This will help you avoid fake apps and any fraudulent lenders on the internet.