Beginning this May, borrowing from CreditHela will no longer be business as usual following a recent announcement by the leadingmobile loan app that it will be significantly reducing the 2% late fees on delayed loan repayments.
This means that CreditHela borrowers who repay their loans after the due date will only be charged 0.009% in late fees.
CreditHela M-Pesa Paybill Number: 7186653
The announcement by the digital lending app that has the largest borrowing range in the market (Sh1,500 - Sh80,000), cites among other reasons, the prevailing economic difficulties in the country and a self-driven effort to make the app even more borrower-friendly to its potential and loyal customer base.
There is no doubt that this move by CreditHela that is hardly a year in the market, will definitely be received with a lot of excitement by digital borrowers seeking for emergency, short- and mid-term loans to fix their day-to-day financial needs.