Premier Credit

Compare all 2 products from Premier Credit in Kenya. Borrow up to Ksh 100,000.

Ksh 100,000

Max Amount

Within 10 minutes for approved applications

Fastest Disbursement

Total Products

Fast Loans

Product	Rate	Amount	Turnaround
Premier Credit Credit Line	N/A	Ksh 2,000 - Ksh 100,000	Within 10 minutes for approved applications	Apply
Premier Credit Credit Line	N/A	Ksh 2,000 - Ksh 100,000	Within 10 minutes for approved applications	Apply

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Premier Credit Pros & Cons

+Pros

✓Focus on underbanked and informal-sector borrowers
✓24/7 application window via mobile or USSD
✓Offers financial literacy resources for first-time borrowers
✓Reports positive repayment to CRBs to build credit

-Cons

✗Small operations team may mean slower response to escalations
✗Mobile-first service assumes smartphone access
✗Initial KYC process takes longer than app-only rivals

Eligibility Requirements

Minimum Income (Lowest)

Ksh 0

CRB Check Required

Not required

Employment Types Accepted

Any

Required Documents (across all products)

●National ID
●Smartphone with internet
●M-Pesa account

Expert Analysis

Premier Credit is a CBK-licensed Digital Credit Provider, licensed in 2024 under Kenya's 2022 DCP Regulations. Loans run from KES 2,000 to KES 100,000 with repayment terms of 7-60 days. Disbursement is via Bank transfer or M-Pesa - within 10 minutes for approved applications. Rates are not published upfront: pricing tiers by CRB band, loan size, and repayment history, and the full total cost of credit is disclosed before acceptance per CBK's Digital Credit Provider rules. Fees: processing fee varies by loan size and tier; no early-repayment penalty.

Frequently Asked Questions

What loan amounts are available from Premier Credit?

Premier Credit offers loan amounts from Ksh 2,000 up to Ksh 100,000 depending on the product and your eligibility.

How fast does Premier Credit disburse loans?

The fastest disbursement time from Premier Credit is Within 10 minutes for approved applications. Actual processing time varies by product type and application completeness.

Does Premier Credit require CRB clearance?

Premier Credit does not strictly require CRB clearance for all products. Some products may be available without a CRB check, though having a clean credit record is always beneficial.