Tala offers swift loans to mobile users whose credit ratings are favorable to lending. The former Mkopo rahisi outfit comes in handy especially, when you are cash strapped and in need of a quick buck. Here is a comprehensive guide on the repayment that can save you from negative listing on CRB for defaulting.

How do I pay a Tala loan?

To continue enjoying Tala services, you need to ensure Tala loan repayment period doesn’t expire on you. Penalties imposed depend on the expiry of the time you spelled out in your application form. However, the lender offers a grace period upon which its expiry makes you liable for penalties.

Here is a guide on how to repay

How to pay Tala loan via Mpesa

• Go to your phone’s MPESA Menu
• Select Lipa na MPESA
• Choose Paybill and enter the Tala paybill number 851900
• Type your phone number as the account number (number used to register Tala app)
• Key in the repayment amount
• Enter your Mpesa pin and then send
• Wait for a confirmation message from Mpesa documenting the transaction
• Tala will also send you a message acknowledging receipt of payment.

Using the Tala App

If you have managed to successfully install the Tala app the process is even more direct.

• GO to your Tala app.
• Log in by entering your App password
• On the application dashboard, select repay loan debt
• The application will give you options of repayment through Mpesa
• Enter the amount you would wish to repay
• The paybill number an account number automatically fill on the app
• Enter your Mpesa pin
• And the application will process the payment
• You will get a Text message from both Mpesa and Tala
• The Application will also show your new Tala balance

You now in the know on how to repay your Tala loan from the article. Repay your loan to avoid being blacklisted in the Credit Reference Bureau.