Get A Quick Loan from Lime24

Lime24: Quick overview

Loan amount: From R500 to R 8 000 for 37 days for new customers

Loan term: 5 days – 37 days (up to 6 months for existing customers)

Interest rate: :0,16% per day new clients, 0,1% subsequent clients.

Fees: Initial fee: 16,5% of first R 1 000 lent, 10% of loan amount over R 1000, +VAT Limited 15% of loan amount, +VAT. Service fee R 69 month

Loan types: Short term, unsecured personal loans

About Lime24 Loans – H2

Lime24 Loans is an online lending company that specializes in providing cash to people who are in urgent need of cash and cannot wait through the bank application process. They say their aim is to provide instant access to personal loans at competitive interest rates for qualified borrowers.

How to apply for Lime24 loans online application form?

Loan application steps are given below.

• Visit the Lime24 website and then register yourself with them.
• Add your name, ID number, race, province, email address, and password. Agree
  with the terms and conditions and their policy terms and click on the next tab.
• Verify your personal data and bank account.
• They have a calculater on their website where you click on the amount you want
  and the days you will be able to pay for it then they will give you the total
  amount with interest rate included.
• Confirm your income costs with a recent 3 months bank statement showing your
  income.
• Choose the loan amount you wish.
• Read and sign Pre-Agreement, Loan agreement by clicking “I accept” button and
  money will be delivered into your account.

Application requirements – H2

• South African ID number
• Bank account details
• Mobile phone number registered in your name
• Bank account details
• Latest 3 months bank statement showing your income.

Who is Eligible for Lime24 loans? – H2

To be eligible for a loan, the following requirements are needed ;

• Loan applicants can only be South African residents.
• The applicant requires to be above 18 years of age.
• The applicant must have a bank account in their name.
• They also must have a South African registered mobile number under their name
  in their possession.

Lime24 loan interest rate? -H2

10% of loan amount over R 1 000, +VAT.Limited 15% of loan amount, +VAT.
Service fee R 69

How long does Lime24 take to approve a loan? -H2

You can get the money transferred to your bank account as soon as you application is approved. It all depends on how fast your documents were verified, it can be either the same day or longer.

Who is Lime24 best for? – H2

Lime24 is best for borrowers who:

• Have run out of cash through the month and cannot wait for month end.
• Have urgent pop up expenses like illness and other emergencies.
• Who need to pay their bond payments when their salary is delayed.
• Need a convenient and fast application process that’s 100% online.
• Are looking for cash they can repay in a short period of time.

Pros of Lime24- H3

• Speed: Lime24 online application is fast and you can get the your loan the same day you have applied as long as your documents are verified.
• Reliable: In emergency situations, this speed can make all the difference, allowing you to address your financial emergency without delay.
• Flexibility: Their short term loans loans often come with flexible repayment term, where their borrowers can choose the payment plan that best suits them.
• Transparency: Upfront about their fees and users can calculate the total cost of their loan before committing, allowing for informed financial decisions even in pressing times.
• Early repayment: Lime24 will give you discounts on interest if you repay your loan on time and will not charge for paying off your loan early.

Cons of Lime24

Limited options: Lime24 does not provide any long-term personal loan, so it is impossible to get larger amounts for bigger projects like buying a house or building.

No offices to visit: You won’t be able to visit a branch and apply for a loan should you feel the need for some face-to-face customer service. With Lime24 even the paperwork is uploaded online.

Lime24 Loans Contact Details

Incase of emergencies or needing help on the process you can contact Lime24 on;
Email: support@lime24.co.za
Telephone Number: 010 442 6722