Credit Reference Bureaus

Instant Loan On Items Kenya was on 27th June 2024 licensed by the Central Bank of Kenya (CBK) as a digital credit provider. As a result, we are required to adhere to the Credit Reference Bureau Regulations, 2020 and the Central Bank of Kenya (Digital Credit Providers) Regulations, 2022.

We are mandated to disclose clients credit information (both negative and positive) to the Licensed Credit Reference Bureaus (CRB) as a part of discharging our functions. Upon disclosure, this information may be accessed by Commercial Banks, Microfinance Institutions, Saccos and other Credit Providers for purposes of assessing your credit applications or for any other legal purposes.

Kindly note that upon expiry of the notice period on disclosure of your credit information or on adverse listing, Instant Loan On Items Kenya shall without further notice share your credit data with Licensed CRBs.

Take note that:

-If your loan repayment aligns with our agreement, the respective information will be shared, and it will positively impact your credit score.

-If your account is in arrears, information about the delayed payments and days in arrears will be shared, and it will negatively impact your credit score. This adverse listing with the CRBs will only occur if your loan becomes due and unpaid.