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How can I increase my limit for the loan? ⤴️
How can I increase my limit for the loan? ⤴️

Explaining what can borrowers do to increase their eligibility for higher loan limits on Lenme.

Updated over 2 months ago

Pay on time


Once you get the loan and pay it on time, you can request another loan with higher limit. as long as you have a history of good standing loans, your limit can increase up to $5,000.

Show your income 💴


Investor prefers borrower who is willing to show their income. Lenme decides the credit limit based on your affordability.

The higher the affordability, the better your chance to get a loan.

Credit score 💯


A higher credit score is more appealing to the investor.

Connect your crypto 🏦


Increase your limit up to $10,000 once you connect your cryptocurrency to increase your limit and borrow against your crypto.

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