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    MomentumCredit

Ratings On Other Platforms

Trustpilot
3 / 5
Corporate Values

Overview

MomentumCredit has a consumer rating of 2.33 stars from 3 reviews indicating that most customers are generally dissatisfied with their purchases. MomentumCredit ranks 39th among Business Loans sites.

Positive reviews (last 12 months): 0%
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Top Critical Review

“Avoid dealing with these people”

Lumbasio l.
6/2/22

Stay away from these leeches. This is just a pathetic excuse of a company with the mostly inefficient and confused internal systems and staff. I had the most terrible experience with them last year with them forcing me to pay a loan over a long period so I can pay more interest by them holding money already paid to them in a "suspense account". Fast forward later they come up with a product called ezua chapaa designed to allow you to make payments anytime you want. It works fine untill you can no longer make payments by yourself and they have to capture the payments manually. Which would be fine if they actually did it on time. But you'll make a payment today and they'll effect it days later. And that's if you follow up. If you dont your account just keeps racking up interest on a debt you already paid but they didn't effect. These people will send you to your grave early just find a sacco or some other solution to your emergency.

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Reviews (3)

Rating

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warrenb67
1 review
3 helpful votes
June 30th, 2018

Momentum Credit is a subsidiary of Chris Kirubi's Centum. They provide loans on log books. Actually, they actively poach for clients by making cold calls to prospects from a list. Loans are processed really fast. But they charge extremely high interest rates; 5% monthly interest. MONTHLY.

lumbasiol
1 review
0 helpful votes
June 2nd, 2022

Stay away from these leeches.
This is just a pathetic excuse of a company with the mostly inefficient and confused internal systems and staff. I had the most terrible experience with them last year with them forcing me to pay a loan over a long period so I can pay more interest by them holding money already paid to them in a "suspense account".

Fast forward later they come up with a product called ezua chapaa designed to allow you to make payments anytime you want. It works fine untill you can no longer make payments by yourself and they have to capture the payments manually. Which would be fine if they actually did it on time. But you'll make a payment today and they'll effect it days later. And that's if you follow up. If you dont your account just keeps racking up interest on a debt you already paid but they didn't effect.
These people will send you to your grave early just find a sacco or some other solution to your emergency.

ishmaelz1
2 reviews
4 helpful votes
July 30th, 2018

Kenyaloans.com are the ones who recommended Momentumcredit.co.ke after a lengthy consultation. Since the security I offered (title deed) was not what they specialized in, they likewise gave a fairly reliable and relevant commendation with contacts to make.

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