Wondering how you’ll repay your Fuliza Mpesa Loan ???
SEE ALSO: How to Get Fuliza Mpesa Overdraft
How to repay Fuliza Mpesa Overdraft.
If you have an active Fuliza Mpesa Loan, Safaricom will automatically deduct any amount that is received or deposited to your Mpesa until the debt is fully settled.
E.g You had a Fuliza Loan of Ksh 1000 and you friend sends you ksh 1200 via Mpesa. Safaricom will automatically deduct 1000 ksh and your new Mpesa balance will be ksh 200.
Fuliza Mpesa Overdraft are supposed to be paid within 30 days.
Fuliza Mpesa Penalties for Late Repayment.
- If your Fuliza Mpesa Loan remains unpaid for 30 days, you wont have access to Fuliza until the loan is repaid.
- If your Fuliza Mpesa Loan remains unpaid for 90 days , your name will be forwarded to CRB. This will lead to being blacklisted as a defaulter.