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Name wrongly listed in Credit Reference Bureau
mjuaji wa stocks
#1 Posted : Wednesday, January 15, 2014 12:00:46 PM
Rank: Member


Joined: 1/16/2010
Posts: 671
Location: nairobi
Dear Wazuans;

Just found out that i am listed in CRB.

The story goes that my details were wrongly forwarded by a certain fellow from my bank H/Q.

He did this by circulating a list of clients and instructing all branches to fill a particular column only and not the rest

The outcome was that even good customers whose loans were never defualted were forwarded by mistake.

This was in 2012

I approached another bank for some cash and this is when i discovered.

I have talked to my current bankers and they did advice it will be done in 5days - today is the deadline.

The new bankers are telling me t get 2 letters - one from my current bankers and another from crb - both stamped and signed -

Why this and anybody ever had this experience?

How does one go about?

What implications are there?

Thank you
God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!

maka
#2 Posted : Wednesday, January 15, 2014 12:38:49 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,002
Location: Nairobi
If your name was wrongly forwarded the bank that did that should follow up on the matter...CRB are just following instructions from the bank...
possunt quia posse videntur
Msa Liti
#3 Posted : Wednesday, January 15, 2014 12:40:12 PM
Rank: Member


Joined: 1/6/2009
Posts: 96
It happened to me with HELB and mind you am almost done with the loan.
What I did was to go there and have them write a letter to the CRB to delete my name.
HELB fwds a list to their CRB every morning so mine was done the following day.
I believe a similar process will follow for your bank. Talk to them. I donno whether CRBs issue letters but HELB gave me a copy.
There was no implication like, say, being charged more by the other bank.
King G
#4 Posted : Wednesday, January 15, 2014 12:50:59 PM
Rank: Elder


Joined: 6/20/2012
Posts: 3,855
Location: Othumo
Msa Liti wrote:
It happened to me with HELB and mind you am almost done with the loan.
What I did was to go there and have them write a letter to the CRB to delete my name.
HELB fwds a list to their CRB every morning so mine was done the following day.
I believe a similar process will follow for your bank. Talk to them. I donno whether CRBs issue letters but HELB gave me a copy.
There was no implication like, say, being charged more by the other bank.


So even me my name is there, how do i confirm that? But then again i have been getting loans from some mortgage company without stress ...what is.
Thieves
mjuaji wa stocks
#5 Posted : Wednesday, January 15, 2014 12:54:33 PM
Rank: Member


Joined: 1/16/2010
Posts: 671
Location: nairobi
ok - it seems there will be no negative implications then!

I will revert back and let you know the outcome

At the moment am only annoyed by their pace of sorting it out

Cheers!
God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!

CLK
#6 Posted : Wednesday, January 15, 2014 1:37:05 PM
Rank: Member


Joined: 4/1/2009
Posts: 846
mjuaji wa stocks wrote:
Dear Wazuans;

Just found out that i am listed in CRB.

The story goes that my details were wrongly forwarded by a certain fellow from my bank H/Q.

He did this by circulating a list of clients and instructing all branches to fill a particular column only and not the rest

The outcome was that even good customers whose loans were never defualted were forwarded by mistake.

This was in 2012

I approached another bank for some cash and this is when i discovered.

I have talked to my current bankers and they did advice it will be done in 5days - today is the deadline.

The new bankers are telling me t get 2 letters - one from my current bankers and another from crb - both stamped and signed -

Why this and anybody ever had this experience?

How does one go about?

What implications are there?

Thank you


Sue!!
chemos
#7 Posted : Wednesday, January 15, 2014 3:27:55 PM
Rank: Elder


Joined: 11/28/2006
Posts: 1,799
Mjuaji..

Hebu make sure CRB deletes ur name completely from their list of defaulters and not just update their records that you have cleared ur loan.
If they only update their records stating that you have cleared ur loan then ur name will still be huko CRB for a period of 7 years and anytime u want to get a loan and the financial institution checks with CRB they will find ur name under defaulters who have cleared their debts. (this hurts ur credit rating in that utaonekana ur capable of poteaing with cash).

So like ur saying if your name was forwarded kimakosa make sure u insist they delete your records huko CRB completely and not just update the issue as cleared loan.

After they issue you with clearance certificate you can wait a week or so and then go to CRB again and ask for ur CRB status/records. This will confirm kama walitoa jina yako kabisa ama they just updated.


Thank me later... walinisumbua sana but ukikaa ngumu things will be ok. Hakuna kitu mbaya kama jina yako ikiwa huko... all banks will just think ur a potential defaulter hata kama umelipa deni zako...
washiku
#8 Posted : Wednesday, January 15, 2014 3:36:10 PM
Rank: Chief


Joined: 5/9/2007
Posts: 13,062
Kwani what is the process of sending someone's name to CRB? Isnt the bank supposed to inform the defaulter first? Either via sms, letter or sth?
2012
#9 Posted : Wednesday, January 15, 2014 4:01:34 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,291
Location: Nairobi
Wewe lipa madeni... smile

Anyway on a serious note, I heard that guys with HELB loans are top on the list?

Stand for something or you will fall for anything. Today's mighty oak is yesterday's nut that held its ground. Rosa Parks
washiku
#10 Posted : Wednesday, January 15, 2014 4:28:57 PM
Rank: Chief


Joined: 5/9/2007
Posts: 13,062
murchr
#11 Posted : Tuesday, April 23, 2019 10:26:12 PM
Rank: Elder


Joined: 2/26/2012
Posts: 14,388
Who owns Transunion and Metropol?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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