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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 10 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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