The CAK says grievances against the digital lenders were mainly about false and misleading representations and unreasonable conduct.
By
Kepha Muiruri
Business Reporter
Nation Media Group
Complaints to the competition watchdog about digital lenders’ hidden charges, change of borrowing terms and premature assets seizure amid tighter regulations aimed at curbing predatory lending.
Complaints against digital lenders have risen despite tighter regulation of the sector, suggesting consumer protection concerns…
Kenya’s digital lenders face rising penalties as regulators crack down on unlawful data practices, making compliance failures…
The Consumer Financial Protection Bureau's latest student loan report cites a record number of complaints from borrowers but…
A petition has been filed at the High Court seeking to stop commercial banks from unilaterally increasing interest rates, default…
Kenya’s banking is going digital, as customers demand faster, simpler, on-demand financial services.
Today’s customers compare banking experiences not just to other banks, but to the most intuitive digital platforms they use, from…
