Kenyans who are employed and have not been paying back loans are receiving an SMS from Helb in an attempt to recover back money owed.
Helb is aware you are formally employed - sms loan defaulters are receiving
Helb takes another step in demanding money back
The text message seen by Pulselive.co.ke indicated that Helb had data of loan defaulters who are in formal employment and they are actively pursuing the Ksh10 billion owed by defaulters since 1975.
"Greetings! Helb is aware that you are formally employed. Kindly pay at least Ksh 4,500 to avoid penalties," the message partly read.
Under the Helb act, the institution is mandated to visit all employers in Kenya and establish whether its employees owe any monies to Helb.
Employers can be penalized for not remitting the monies their employees owe to the Higher Education Loans Board.
An official from HELB told this journalist that such messages are sent out by Helb to remind loan defaulters to make payments and also in cases where they have switched jobs.
HELB announced a 30-day deadline to defaulters to repay their loans failure to which their names and photos will be published in the country’s dailies.
The higher education loan's board noted that it will begin placing the names and photos of all loan defaulters on the local dailies in the next one month.
Notice to defaulters
"Please take note that the names and pictures of HELB loan beneficiaries who have defaulted repayment of the loan from 1975 to date shall be published in the leading newspapers after the expiry of 30 days from the date of this notice," the notice stated.
"... thereafter legal action may ensue against each defaulter as stipulated in the HELB act," the notice read in part," it continued.
HELB explained that the notorious defaulters had failed to respond to various attempts by the loans board to reach them.
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