Wazua
»
Investor
»
Economy
»
Law Capping interest rates
Rank: New-farer Joined: 2/7/2016 Posts: 79 Location: Home
|
Obi 1 Kanobi wrote:streetwise wrote:I see most banks are strategizing on how to cut costs.
I have always said in business , cutting cost is not a business and you wont make money that way, the way to go Innovate, innovate and innovate. The opportunity has always been there , open your eyes and you will be amazed. KCB have already developed a strategy to beat the caps on their mobile loans by limiting the tenure to 1 month and charging a processing fee of 2.5%. effectively they will be earning 3.7% per month and 44.4% per annum on mobile loans. At the same time ensuring a low PAR for the mobile loans class by the shortened tenure.  thats the way you do business. I think the big question is, how large is their mobile loans portfolio? I foresee a situation where banks will shift to lending 80% of their loans through mobile platforms if they have devised this clever way of beating the caps.
|
|
|
Rank: Member Joined: 10/6/2009 Posts: 587
|
Received: Sep 29
Dear Baratang, You qualify for a loan of up to KES 7500.00. To apply for a loan, access KCB Mpesa in the MPESA menu.
On applying for a loan of ksh 5000…
Received: 11:17
Dear Baratang, you have been listed at the Credit Reference Bureau therefore we cannot process your loan request. Kindly call CRB on 0709834000 for more info
Nugu!!!NKT!!
|
|
|
Rank: Chief Joined: 5/9/2007 Posts: 13,095
|
Baratang wrote:Received: Sep 29
Dear Baratang, You qualify for a loan of up to KES 7500.00. To apply for a loan, access KCB Mpesa in the MPESA menu.
On applying for a loan of ksh 5000…
Received: 11:17
Dear Baratang, you have been listed at the Credit Reference Bureau therefore we cannot process your loan request. Kindly call CRB on 0709834000 for more info
Nugu!!!NKT!! Dear me, You qualify for a loan of up to KES 40000.00 . To apply for a loan, access KCB Mpesa in the MPESA menu. On checking Mshwari, my limit is 7500. Seriously?
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
|
Baratang wrote:Received: Sep 29
Dear Baratang, You qualify for a loan of up to KES 7500.00. To apply for a loan, access KCB Mpesa in the MPESA menu.
On applying for a loan of ksh 5000…
Received: 11:17
Dear Baratang, you have been listed at the Credit Reference Bureau therefore we cannot process your loan request. Kindly call CRB on 0709834000 for more info
Nugu!!!NKT!! because of 75cts you ignored to clear in a loan somewhere  "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Elder Joined: 12/7/2012 Posts: 11,937
|
washiku wrote:Baratang wrote:Received: Sep 29
Dear Baratang, You qualify for a loan of up to KES 7500.00. To apply for a loan, access KCB Mpesa in the MPESA menu.
On applying for a loan of ksh 5000…
Received: 11:17
Dear Baratang, you have been listed at the Credit Reference Bureau therefore we cannot process your loan request. Kindly call CRB on 0709834000 for more info
Nugu!!!NKT!! Dear me, You qualify for a loan of up to KES 40000.00 . To apply for a loan, access KCB Mpesa in the MPESA menu. On checking Mshwari, my limit is 7500. Seriously? I have been on 6k for mshwari since i dont know when ....... though not a frequent borrower so probably that is the reason In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
|
|
|
Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
|
Baratang wrote:Received: Sep 29
Dear Baratang, You qualify for a loan of up to KES 7500.00. To apply for a loan, access KCB Mpesa in the MPESA menu.
On applying for a loan of ksh 5000…
Received: 11:17
Dear Baratang, you have been listed at the Credit Reference Bureau therefore we cannot process your loan request. Kindly call CRB on 0709834000 for more info
Nugu!!!NKT!! Lipa deni wacha siasa ya umaskini If Obiero did it, Who Am I?
|
|
|
Rank: Member Joined: 10/6/2009 Posts: 587
|
Swenani wrote:Baratang wrote:Received: Sep 29
Dear Baratang, You qualify for a loan of up to KES 7500.00. To apply for a loan, access KCB Mpesa in the MPESA menu.
On applying for a loan of ksh 5000…
Received: 11:17
Dear Baratang, you have been listed at the Credit Reference Bureau therefore we cannot process your loan request. Kindly call CRB on 0709834000 for more info
Nugu!!!NKT!! Lipa deni wacha siasa ya umaskini Those idiots should have checked the CRB first before writing to inform me that I had qualified for a loan while I didn't, at least according to them. Ichidwe!!!
|
|
|
Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
|
Baratang wrote:Swenani wrote:Baratang wrote:Received: Sep 29
Dear Baratang, You qualify for a loan of up to KES 7500.00. To apply for a loan, access KCB Mpesa in the MPESA menu.
On applying for a loan of ksh 5000…
Received: 11:17
Dear Baratang, you have been listed at the Credit Reference Bureau therefore we cannot process your loan request. Kindly call CRB on 0709834000 for more info
Nugu!!!NKT!! Lipa deni wacha siasa ya umaskini Those idiots should have checked the CRB first before writing to inform me that I had qualified for a loan while I didn't, at least according to them. Ichidwe!!! You should have known that you defaulted on your repayment and clear your outstanding debts before applying for the next one If Obiero did it, Who Am I?
|
|
|
Rank: Member Joined: 10/6/2009 Posts: 587
|
Swenani wrote:Baratang wrote:Swenani wrote:Baratang wrote:Received: Sep 29
Dear Baratang, You qualify for a loan of up to KES 7500.00. To apply for a loan, access KCB Mpesa in the MPESA menu.
On applying for a loan of ksh 5000…
Received: 11:17
Dear Baratang, you have been listed at the Credit Reference Bureau therefore we cannot process your loan request. Kindly call CRB on 0709834000 for more info
Nugu!!!NKT!! Lipa deni wacha siasa ya umaskini Those idiots should have checked the CRB first before writing to inform me that I had qualified for a loan while I didn't, at least according to them. Ichidwe!!! You should have known that you defaulted on your repayment and clear your outstanding debts before applying for the next one I owe nobody nothing. I do not know who took my name to CRB. Probably a mechanic in Kariobangi who syphoned my fuel to half tank when I gave him my car to change the break pads!¡!¡!
|
|
|
Rank: Elder Joined: 12/7/2012 Posts: 11,937
|
Baratang wrote:Swenani wrote:Baratang wrote:Swenani wrote:Baratang wrote:Received: Sep 29
Dear Baratang, You qualify for a loan of up to KES 7500.00. To apply for a loan, access KCB Mpesa in the MPESA menu.
On applying for a loan of ksh 5000…
Received: 11:17
Dear Baratang, you have been listed at the Credit Reference Bureau therefore we cannot process your loan request. Kindly call CRB on 0709834000 for more info
Nugu!!!NKT!! Lipa deni wacha siasa ya umaskini Those idiots should have checked the CRB first before writing to inform me that I had qualified for a loan while I didn't, at least according to them. Ichidwe!!! You should have known that you defaulted on your repayment and clear your outstanding debts before applying for the next one I owe nobody nothing. I do not know who took my name to CRB. Probably a mechanic in Kariobangi who syphoned my fuel to half tank when I gave him my car to change the break pads!¡!¡! HELB????? In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
|
|
|
Wazua
»
Investor
»
Economy
»
Law Capping interest rates
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|