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There is more to credit scoring than just blacklisting defaulters

CRBs get data on when you pay and when you don't pay. [Istockphoto]

Credit information sharing is coming of age. Recent interest in credit information sharing has been sparked by credit scoring in particular because many believe the scores are used to blacklist, denying millions of Kenyans access to credit.

A similarly large number of commentators and observers believe credit scoring is a great step forward in enabling micro and small loans both for individuals and businesses, and they point to Fuliza as an example.

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