Ke Credit Loan App Kenya, Customer Care Number, How to Apply

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Ke Credit Loan is an online loan service in Kenya that stands as a reliable source for acquiring timely and affordable loans.

In this guide, we will delve into the specifics of Ke Credit Loan, covering everything from interest rates to their customer care contact number, repayment methods, ensuring you have a comprehensive understanding before engaging with this financial service.

Ke Credit Interest Rate

Understanding the interest rates associated with Ke Credit loans is crucial before deciding on a loan offer. The interest rates vary based on the specifics of the loan:

  • Interest Fee Range: 16% to 30%
  • Annual Percentage Rate (APR) Range: Minimum APR of 67.2% to a maximum of 128.3%
  • Service Fee: A one-time charge ranging from 3% to 8%

For instance, in a representative example where the loan principal is 5000 KES for 180 days, with an interest fee rate of 18% and a service fee rate of 3%, the breakdown would be as follows:

  • Interest Fee: 900 KES (5000 KES * 18%)
  • Service Fee: 150 KES (5000 KES * 3%)
  • Total Fee Cost: 1050 KES (900 KES + 150 KES)
  • Total Repayment Amount: 6050 KES (5000 KES + 900 KES + 150 KES)

Note: The interest rates may change over time, so it’s essential to ensure clarity on the interest associated with any loan offer before accepting it.

Ke Credit Requirements

To be eligible for a personal loan through Ke Credit, prospective borrowers must meet the following requirements:

  • Residency: Be a resident of Kenya.
  • Age: Be between 20 to 60 years old.
  • Income Source: Have a stable source of income.

How to Apply for Ke Credit Loan

Applying for a Ke Credit Loan is streamlined and convenient, taking advantage of digital processes. Here’s a step-by-step guide to applying for a loan:

  1. Download the Ke Credit App: Visit the Google Play Store and search for “Ke Credit Loan”. Select the official app and install it on your device.
  2. Account Registration: Open the app and register for an account, providing necessary details and documents as requested.
  3. Loan Application: Fill in the required loan amount and period, ensuring it falls within the specified loan amount and repayment periods.
  4. Approval and Disbursement: Wait for the loan to be approved. Once approved, the funds will be directly disbursed to your M-PESA account within minutes.
  5. Repayment: Repay the loan through various convenient methods, ensuring timely repayment to improve your credit score and potentially increase your loan limit.

Note: Only download the Ke Credit app from the official Google Play Store to ensure security and authenticity.

How to Repay a Ke Credit Loan

Repaying your Ke Credit personal loan is a straightforward process. Follow these steps to ensure successful repayment:

  1. M-PESA Paybill Payment:
    • Use the M-PESA Paybill number 4081643.
    • The account number should be your M-PESA phone number, the same number you used to sign up.
  2. Via the Ke Credit App – M-PESA Express:
    • Open the Ke Credit app and select the M-PESA Express option.
    • Enter the repayment amount and your M-PESA pin to complete the repayment.
  3. Good Repayment Practices:
    • Consistent, timely repayments will not only clear your debt but also improve your credit score, potentially leading to increased loan limits.

Contacting Ke Credit Customer Care

For any concerns, queries, or feedback, reach out to Ke Credit through the following channels:

  • Phone Number: None
  • Email: support@kecredit.live
  • Address: Airport Drive, Le Mac Building, 6th Floor, Office 3B, Nairobi, Kenya

Note: Yu can also reach out to Ke Credit through their app for customer support.

Is Ke Credit Legit?

Ke Credit Loan emphasizes privacy and security, utilizing your phone data for verification while encrypting shared information. This practice underscores their commitment to data safety and privacy. Additionally, their presence in the Google Play Store enhances their credibility and legitimacy in the loan service domain.

In conclusion, Ke Credit Loan offers a viable option for those seeking accessible and timely financial assistance. The straightforward application process and convenient repayment options make it a practical choice for various financial needs. However, always exercise caution and ensure you comprehend the loan terms before proceeding with any application.

All rights reserved. Do not copy, rewrite or republish this content, in part or in whole, without proper credit to the source.

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About the Author: Femi Olawole

Femi Olawole is a seasoned blogger with interest on providing helpful Contents on online loan apps, Tech and Business.

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