FAQ
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How much can I borrow?
You can borrow up to 65% of your vehicle’s value and to a maximum of Kes 500,000/=
How fast are your loan approvals?
We process loans for a first time borrower within 24 hours and 6 hours for a repeat customer.
Who is eligible for a loan at Boost Credit?
Any business person or salaried individual with a verifiable repayment source as well as a motor vehicle to act as collateral.
Is there an age limit for the car?
Yes. Your car should not be more than 20 years old for Toyota and 15 years old for other models. (T&C’s apply)
What other charges should I expect?
Processing fee and chattel fees which are deducted from the loan amount. Monthly car track charges are capitalized and repaid as part of the loan installment.
What is the maximum repayment period?
12 Months.
What is your interest rate?
We offer competitive interest from as low as 4.0% per month
What if I have another independent valuation report?
Boost Credit accepts valuation reports from regent valuers only. Its duly appointed motor vehicle valuation partner.