A man’s aspirations for a well-paying job abroad have been shattered after his visa application was denied due to a small unpaid loan of KSh 400 from a mobile loan app.
The shocking turn of events came to light when a routine Credit Reference Bureau (CRB) check revealed the outstanding debt, which dates back to 2020.
The Nigerian man, who had been excited about landing a lucrative job opportunity overseas, was thrown into disbelief after learning that the minor debt was the reason behind his visa rejection.
According to Leonard IB Marcus, who shared the incident online, the man had borrowed from a licensed loan app but failed to settle the amount, which had accumulated over three years.
Marcus explained that the man’s identification details, specifically his Bank Verification Number (BVN), were linked to the loan, and this was picked up during the CRB check conducted as part of the visa approval process.
He warned that many people are unaware of the impact small loans can have on crucial aspects of life, such as travel, employment, and accessing credit facilities.
“Your ID is not just a piece of paper; it’s your financial fingerprint,” Marcus wrote. “Failing to repay a loan, even as small as KSh 400, can have serious consequences when applying for visas or trying to secure financial opportunities.”
In this case, the unpaid loan led to the man being blacklisted by the CRB. This not only affected his visa application but also put his career prospects in jeopardy. Financial institutions regularly report unpaid debts to credit bureaus, which track an individual’s credit history. These records can influence decisions on visas, bank loans, and even job opportunities.
The incident has sparked widespread discussion online, with many calling it a stark reminder to take all debts seriously, no matter how small. As global mobility and financial transparency become increasingly intertwined, it’s clear that maintaining a clean credit record is more important than ever.
For this man, a small loan now stands between him and his dreams.