Same day loans are the kind of loans you can apply for online only. These are fast loans easy: you receive money in your bank account so speedy: in a few minutes or, let’s be realists, the same day. The transaction doesn’t depend on where you are: money can reach you anywhere in South Africa (from township to suburb) while you can pay it off the same day, too.
So, in our time, sameday loan online is the fastest solution of your financial problems. Let’s see how you can get this type of loan and what advantages and disadvantages it has.
Same day loan advantages
- As we told above, same day loan is very fast loan. The fastest way to get money in your hands RIGHT NOW. If you must pay fast for something, and there are no friends near you ready to borrow, it is the best choice!
- You have a possibility to repay sameday payout loan …the same day you get it! So, you don’t have to put debt in your book for a long period of time. Each online loan provider have it’s own conditions for early repayment. Lime don’t take any penalty for it.
- The application to apply for same day loans online is simple: for example, Lime asks only 3 months of bank statements.
- If for some reason you already have bad credit history, you still can get a same day loan, because they are easier to qualify than long-time loans.
- If you repay your loans on time, you become a member of loyalty program and can use fast loans with big discounts.
Here are the most significant benefits of fast same day loans. As you can understand, they are very useful if you have urgent needs or if you have continuous money incomes in your business.
Now, we discuss about it’s shortcomings!
Flaws of same day loans
- The main charge against same day payout loan is its high cost. Some people think that the high speed of lending should be less expensive but it’s a matter of dispute!
- Many online lenders input a pre-payment penalty in case of early repayment. You need to read carefully the conditions of lending before you get a loan and compare between several offers. For example, Lime don’t take any penalty for early repayment!
Sameday Lime loans
When you decided to get a sameday loan, it is very important to choose the good loan lender. Lime is a private online lending company registered in the Republic of South Africa. Lime specializes in financial technologies and digital solutions that change the way you can borrow money. Lime helps connect you with opportunities and realize your ambitions.
With our digital lending platform, we provide fully automated and affordable technology to help unlock your purchasing power, 24/7.
Security of Lime sameday loans in South Africa
When you are in a rush to get money and time is running out, you have a chance to have contact with informal moneylenders such as stokvels and mashonisas or any others credit sources who will get all your personal details, including copy of your passport, home address, bank account number. Are you sure it will be safe?
We operate in strict accordance with the regulations under the National Credit Act.
It is absolutely safe to tell us your bank account number. Entering your personal information is done using encrypted pages, protected by modern security tools. We comply with the requirements of the international payment systems of Visa and Mastercard.
Who can apply for sameday Lime loan?
Everyone who meets these requirements could ask for sameday Lime loan:
- Be over 18 years of age;
- Have a South Africa cellular phone;
- Have an Identity document of South Africa;
- Have a South African bank account;
How to apply for sameday Lime loan?
- Choose how much money you want using Lime loan calculator and click the button “apply now” in lime24.co.za.
- Create your profile: add your contact number and upload bank statements.
- Wait an automatic approval for the loan amount and your personal tariff.
- Receive money in your bank account.
How to repay your same day loans?
Sign in your profile at www.lime24.co.za and repay your Lime loan online from your card. Get sameday loan if you are sure you can repay it on time. After you did it at least one time, you get a chance to improve your credit score and get a personal discount for subsequent loans up to 50% per loan.
If for some reason you can’t pay off your loan on time, we want to know about it. Please contact us: support@lime24.co.za or call us: 010 442 67 22 and we find the way to resolve it.
