How to Apply for a CRB clearance Certificate(2020)

How to Apply for a CRB clearance Certificate(2020)

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In this tutorial all be showing you how to apply for a CRB clearance certificate. A CRB clearance certificate is mostly needed when applying for a job in kenya. Other reasons you may need a CRB clearance certificate is when applying for government tenders and loans.

In order for you to get a CRB clearance certificate you need to have no debt with any financial instruction.

If you have no loan  with any lender, getting a CRB clearance certificate is relatively easy. All you need to do is register with one of the credit reference bureau and submit an application. You can get your CRB clearance certificate from any of these three credit reference bureau companies licensed by the central bank of kenya.

  1. Metropol
  2. Creditinfo and
  3. Transunion

The fee is similar across all of them. The CRB licensed companies get their Credit information from saccos, helb,mobile phone companies and banks. These CRB licensed companies help customers improve there access to finance and increase the credit provider’s capacity to lend profitably to more customers. A CRB clearance certificate from any of the companies affirms your creditworthiness to potential lenders.

READ ALSO: How To Apply For A Tax Compliance Certificate On ITax [2020]

If you have defaulted or haven’t cleared your loan, you need to first clear with your lender before applying for the CRB clearance certificate.

Once you have settled your debt, it takes time before your credit scores reflect on CRB.

Remember that CRB clearance certificate is valid during the time of issuance because of continued customer borrowing.

A CRB Clearance certificate proves that your credit status is good and that all your debts have been settled. This credit reference bureau licensed institutions also provide accurate, up-to-date information about your credit status in real-time. If you have a good credit profile, that is, you always pay your loan on time then chances of being approved for a loan is high.

That’s it for now, I wish you well as you apply for your CRB clearance certificate.

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