Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

May require frequent repayments. Interest rates can be high compared with traditional lenders. Term loan requires business lien. Early repayment doesn’t necessarily save interest costs.

Regularly checking your credit score is essential as mistakes can impact loan eligibility. A secured credit card can help ...

The Central Bank of Kenya (CBK) has announced the average commercial bank lending rates for December 2024. In an update on ...