The Central Bank of Kenya (CBK) has licensed 10 additional digital credit lenders, bringing to 32 the total number of providers cleared to operate in the country. CBK said in a statement on Monday that it had received 401 applications since March last year and that other applications are at different stages in the licensing … Read more
Logbook loans are a type of secured loan that uses a borrower’s vehicle as collateral. To obtain a logbook loan, a borrower must provide the lender with the vehicle’s logbook, which contains important information such as the owner’s name, address, and vehicle registration details. The lender will typically assess the value of the vehicle and … Read more
These are Logbook Loans lenders who provide loans to clients, with vehicle logbooks used as security. Most lenders provide loans within 24 hours. The loans offered to cover up to 80% of the vehicle’s value, irrespective of the model and age of the vehicle. In no particular order, here are some of the best logbook … Read more
If you have been cash-strapped and in urgent need of a loan, you might have thought of putting your car on the line to get a Logbook Loans. Logbook loans have risen in popularity over the years in Kenya with multiple lenders including banks and microfinance institutions offering this secured loan option. If you are … Read more