HELB Defends Position on Alleged Use of Auctioneering Firms in Loan Recovery Enforcement - News Summed Up

HELB Defends Position on Alleged Use of Auctioneering Firms in Loan Recovery Enforcement


The Higher Education Loans Board (HELB) has defended its position following public concern over the alleged use of auctioneering firms to recover unpaid student loans. "Dear Masta, your Higher Education Loans Board loan of Ksh210,015.79 is now at Swipe Auctioneers. "Good morning, Masta, repaying your HELB loan helps empower the dreams of another deserving Kenyan. HELB Repayment MethodsTo make the loan repayment convenient, HELB provided several accessible payment channels, including the USSD code *642#, which allows beneficiaries to log in or register using their mobile phones. Users can select the pay loan option, confirm their phone number and repayment amount, and complete the transaction faster.


Source: Daily Nation February 24, 2026 10:43 UTC



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