How Long Does Lime Loans Take to Approve

If you are in need of emergency cash, you may have heard of lime loans. Lime loans are short-term loans that you can apply for online and get approved within minutes. Lime loans offer many benefits, such as a simple application process, fast approval, and interest discounts for loyal customers.

But how long does Lime Loans take to approve? In this blog post, we will answer this question and give you some tips on how to get your lime loan as quickly as possible.

How Long Does Lime Loans Take to Approve?

Lime Loans take 1 day to approve or 30 minutes depending on certain factors.

This means that you can get your loan decision within a quarter of an hour after submitting your application. However, this is not a guarantee, as some applications may take longer than others depending on various factors.

Factors That May Affect the Approval Time

Some of the factors that may affect how long does lime loans take to approve are:

The amount of the loan. The higher the loan amount, the more verification and checks the lender may need to do. This may delay the approval process. Lime loans range from R300 to R5400, so you can choose the amount that suits your needs and budget.

The credit history of the borrower. Lime loans are available to people with bad credit or no credit history, as long as they can prove their income and affordability. However, if you have a poor credit score or a history of defaults, arrears, or bankruptcy, the lender may need to do more background checks and ask for more documents. This may also delay the approval process.

The bank’s processing time. Once you are approved for a lime loan, the money will be transferred to your bank account within minutes. However, the actual time it takes for the money to reflect in your account may depend on your bank’s processing time. Some banks may take longer than others to clear the funds.

In regard to how long does lime loans take to approve, Lime works with most major banks in South Africa, such as FNB, ABSA, Standard Bank, Nedbank, and Capitec, so you can expect to receive your money within the same day or the next business day at the latest.

Tips on How to Get Approved Quickly

The answer above should help you know how long does lime loans take to approve, If you want to get your lime loan as fast as possible, here are some tips on how to increase your chances of getting approved quickly:

Provide accurate and complete information. When filling out the online application form, make sure to provide accurate and complete information about yourself, your income, and your expenses. This will help the lender to verify your identity and affordability and speed up the approval process. If you provide false or incomplete information, your application may be rejected or delayed.

Choose a suitable repayment term. Lime loans have flexible repayment terms, ranging from 5 days to 37 days. You can choose the term that works best for you and your cash flow. However, keep in mind that the longer the term, the higher the interest rate and the total cost of the loan. Therefore, it is advisable to choose the shortest term that you can afford to repay comfortably and avoid paying unnecessary interest.

Repay on time. If you repay your lime loan on time, you will not only avoid late fees and penalties, but also improve your credit score and your relationship with the lender. This will make it easier for you to get approved for future lime loans and enjoy lower interest rates and higher loan amounts. Lime also offers a loyalty program that rewards customers who repay on time with interest discounts and other benefits.

Lime Loans Complaints

Lime loans have received some negative customer reviews, indicating potential issues with customer service and loan funding. Some of the common complaints are:

Lime loans did not allocate the money paid and close the files, causing credit problems for the borrowers.

Lime loans did not respond to the queries or requests of the customers, leaving them in distress and uncertainty.

Lime loans created fraudulent loan applications for some customers, who never applied for any loan with them.

Lime loans debited money from some customers who had no outstanding loan, and ignored their demands for a refund.

See also: Marlin Credit


To sum up, how long does lime loans take to approve depends on several factors, such as the amount of the loan, the credit history of the borrower, and the bank’s processing time.

However, the average approval time for lime loans is 15 minutes, which means that you can get your loan decision within minutes after applying online.

 Lime loans offer many advantages over other types of loans, such as a simple application process, fast approval, and interest discounts. If you need urgent cash, you can apply for a lime loan today and get the money you need within the same day or the next business day.

For more information or assistance, you can visit the lime website or contact the lime customer service.