N~News 12/4/2020
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This article reveals why and how unlocking Fuliza loan limit can be determined by M-Swari factors, a secret that most borrowers may have no knowledge about.
Fuliza refers to an M-PESA service that allows you to complete transactions with insufficient funds in your M-PESA account while M-Shwari is a loan and saving product which works as a result of a merger between Safaricom and NCBA bank. The two loan services allow all M-PESA registered users to borrow loans within a given limit which is determined by several key factors, one being explained in this article.
You should first know how the two loan services work toward impacting on your loans. With M-Shwari you can access and borrow its loan through your mobile phone's M-PESA SIM Toolkit or alternativey via a newly established feature *334#. On the other hand, Fuliza allows more than one of your Safaricom registered lines to borrow with insufficient funda in your M-PESA account. This is as well possible with the use of two short codes; *234# or *334#.
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Now, this is the secret that M-Shwari and Fuliza M-PESA share that indirectly determines and affects your Fuliza loans and that with this knowledge, you will be able to break your loan limit dormancy.
Owing to the fact that M-Shwari and Fuliza are products of Safaricom company, little did you know how they share loans records for each individual customer and this is how it goes.
Safaricom, through Fuliza M-PESA shares a message notification to its loan users showing how M-Shwari affects loan limits indirectly. This applies to all M-Shwari loan defaulters as their credit reports are shared to Fuliza.
According to the current loan terms and conditions for eligibility and qualifications, loan defaulters from other lenders can directly affect limits in any other financial institution and that's why Fuliza communicates this message.
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(Source: Fuliza)
From the secret above, you can now understand why your Fuliza loan limit has for long stagnated despite the fact that you've been regularly using M-PESA services as one key way to unlock loan limits.
That's not the least, below is another notification carrying Fuliza loan limit secret. This means that if you've bee an M-Shwari defaulter, find no other barrier to your loan limit other than this. You can proceed to clear your outstanding M-Shwari loan balance to unlock your Fuliza loan limit.
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(Source: Fuliza)
These secrets carry heavy message regards to loan services, not only between the M-Shwari and Fuliza alone, but also to other lenders. Share widely to your friends who are frequent loan borrowers for assistance. Don't forget to follow for more updates.
