How to Opt Out of Fuliza

If you’re looking to opt out of Fuliza, this guide will walk you through the process of removing yourself from the Fuliza service.

Quick Tip on how to opt out of Fuliza MPESA: Clear outstanding Fuliza loan, dial *234#, select Fuliza MPESA, and then select opt-out. Wait for the request to be processed. You will receive a message saying that it is sad to see you leave after your name. You have opted out of Fuliza successfully but you can opt back into Fuliza anytime you want.

Fuliza is a mobile money overdraft service offered by Safaricom in Kenya. If you wish to opt out of Fuliza, here are simple steps to follow to unsubscribe from the service.

There are two ways that you can use to opt out of Fuliza

Opt-Out using USSD Code *234#
Opt-Out using the MPESA App.

Option 1: How to Opt Out of Fuliza Using USSD Code *234#

By now, you probably know how to join and use Fuliza. How about when YOU actually want to deactivate Fuliza from your line and get over with these easily accessible overdraft facilities? Well, you can easily opt out of Fuliza. But first, you must clear all your outstanding Fuliza loan.

Once you have paid the fuliza, here are the steps how to opt out of Fuliza using the USSD Code *234#:

Dial *234# on your Safaricom line.
Select Fuliza MPESA from the menu option (usually option 0)
Select option 98 (for More)
Then select Opt-Out (option 7).

Your request will be processed within 1 hour. Note that opting out of Fuliza MPESA can lead to a change of your limit when you opt-in next time.

Option 2: How to Opt Out of Fuliza Using MPESA App

How to opt out of Fuliza using the MPESA app:

First, download and install the MPESA app from Google Play Store or App Store if you don’t have it already.
Open the app and sign in using your MPESA line
Tap on the Transact icon at the bottom of the app
Under Financial Services, tap on Fuliza.
Once the Fuliza dashboard has opened, tap on the three dots at the top right corner.
Finally, select the Opt-Out button.

You will receive a confirmation message that you have successfully opted out of Fuliza. Alternatively, you can opt out of Fuliza using mySafaricom app.

In case you change your mind anytime, you can easily subscribe back to Fuliza in a few easy steps.

What happens when one defaults Fuliza?

According to the Fuliza Terms and Conditions, if you fail to pay your outstanding fuliza loan, the lender will terminate the service. Additionally, they can hold any of your funds in KCB or NCBA bank as collateral and security for any outstanding Fuliza amounts. Finally, they can forward your details such as name and ID to CRB which will negatively impact your credit score.

Does Opting Out of Fuliza Increase Limit?

There is no guarantee that when you deactivate Fuliza, your Fuliza Loan limit will increase. This means that in case you change your mind and reactivate Fuliza, your limit may drop significantly or increase.

Can I Withdraw Cash from Fuliza?

Yes, you can withdraw cash from fuliza at any MPESA agent shop.

What Happens if I Opt Out of Fuliza?

If you opt out of Fuliza, you will free yourself from the Fuliza debt and also not borrow from Fuliza MPESA until you opt back in.
Opting out of Fuliza may also lead to a change in your Fuliza limit. This means that your limit may be impacted either negatively or positively. There is no guarantee that when you deactivate Fuliza, your Fuliza Loan limit will increase. Your limit may drop significantly if you decide to opt back in.

Does Fuliza affect credit score?

Yes, failing to settle your Fuliza loan after 120 days will lead to being listed on CRB. The service providers (KCB, NCBA and Safaricom) will forward your details such as name and ID to CRB which will negatively impact your credit score.

Opt-Out of Fuliza

While Fuliza offers Safaricom customers a convenient way to access short-term loans, it is important to understand the service terms and conditions before opting in. To easily opt out of Fuliza, ensure to have cleared any Fuliza loan amount unpaid interest and fees.

Choosing to opt out of Fuliza is a viable alternative if you are having difficulty paying off your loans or simply no longer need it. It is important to note that opting out of Fuliza does not affect one’s ability to access other Safaricom services or products.

You can avoid getting trapped in a debt cycle by taking control of your financial well-being and making informed decisions about your borrowing and spending habits.

In case you change your mind, you can opt-in to Fuliza in a few steps.