Lime Loans is a branch of Lime credit group: a global fin-tech company that is reinventing online lending experience across 4 different continent. As one of South Africa’s best and fast loan apps, they provide flexible loan with fast application/approval process.
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How does Lime Loans works
You can get loan from Lime loans with three easy steps:
- Create your profile
- Get available Conditions
- Apply and get Instant transfer
Create Profile
To create a profile on Lime Loans website is simple and easy. Simply click here to get started. Once you are on the site, enter your personal information. phone number and email number to continue. Once you have completed your profile, you can go ahead and apply for loan.
Get Available Conditions
Before applying for any loan, you must know the conditions that you will fulfil before getting the loan. In Lime loans case, the only condition is to get bank statement that covers at least 3 months and your salary bank account.
This is because, since they don’t collect collateral, they will need you to provide some form of document that will assure them that you have the capacity to pay back their loan and on time.
Apply and get Instant transfer
After completing your profile and providing your bank statement you will choose the amount and term of the loan you are applying for. then sign the contract to get your instant transfer. It is not good to rush and sign a contract without knowing what the contract entails and the repayment plans. So, I will advise, you read through the contract, it will guide you to make inform decision toward the repayment stage.
What you need to get a loan with Lime loans
To get a loan with Lime loans, you need the following
- South Africa ID Number
- Your Cell phone number
- Bank account details
- Latest 3 months bank statements showing your income
How fast is the loan process
As soon as your loan application is approved, your money is paid directly into your bank account
How to Repay your loan
Repaying your loan is very easy. Just Follow the steps below:
- Go to Lime loans website
- Log in to your profile using the phone number and password provided during registration
- Click repay and you are done
What to do if you have problem with your account
If you don’t have access to your account or you have any problem relating to loans in South Africa, you can send an email to support@lime24.co.za for quick assistance.
Can a Loan Application be declined
Yes, your application can be declined if your provide incorrect of misleading information.