Land rate defaulters could soon be denied bank loans as Nairobi City Council (NCC) changes tack to start handing them to credit reference bureaus.
Even those who succeed in getting the loans could end up paying higher interest as the council moves to rein in the high rate of default.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article