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Court intervenes after lender inflates car loan from Sh100k to over Sh600,000

CRIMEBIZNAKENYATue, 09 Jun 2026
Court intervenes after lender inflates car loan from Sh100k to over Sh600,000

A Thika court has granted significant relief to a borrower after sharply reducing a lender’s claim over a vehicle financing facility, ruling that the interest charged was excessive and bordering on exploitation. In...

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