Lime24
Lime24 offers personal loans from R1,000 - R15,000 with 22.8% APR. NCR-registered lender with flexible repayment terms.
About Lime24
Lime24 is an NCR-registered credit provider offering personal loans to South African consumers. With loan amounts ranging from R 1 000 to R 15 000 and flexible repayment terms, Lime24 provides accessible credit solutions.
📊 Key Facts about Lime24
| Type of entity | Credit Provider |
| Minimum amount | R 1 000 |
| Maximum amount | R 15 000 |
| Available terms | 1 - 12 months |
| Typical APR | 22.8% |
| Approval time | Same day |
| Payout | 1-3 business days |
| Regulated by | NCR (Registration NCRCP7386) |
| Credizen Rating | 4.4/5.0 ⭐ |
Loan Specialist | 25 years of experience
Lime24 offers a solid and reliable service in the fast-loan sector in South Africa. The more limited amounts (up to R 15 000) make Lime24 ideal for urgent minor expenses. I recommend Lime24 especially for those who value speed and transparency in the credit process.
When to use Lime24?
- ✓ Emergencies you can resolve quickly
- ✓ Unexpected expenses that cannot wait
- ✓ When you need money within 24-48 hours
"As an expert with 25 years in the financial sector, I evaluate each lender based on transparency, real costs, and user experience. This recommendation is continuously updated based on market changes."
🔒 Security and regulation
Regulated by NCR
Lime24 is registered with the National Credit Regulator (NCR) under registration NCRCP7386.
Data protection
Complies with the Protection of Personal Information Act (POPIA). Your information is encrypted and not shared without authorization.
Cost transparency
All costs must be included in the APR (Annual Percentage Rate). Demand to see the total cost before signing any agreement.
Consumer rights
Protected by the National Credit Act (NCA) and Consumer Protection Act. You have the right to early settlement without penalties in most cases.
Loan Details
Loan Amounts
Repayment Terms
Interest Rate
Representative example. Actual rate depends on your credit profile.
Key Features
Loan Cost Example
Representative Example: This shows estimated costs for a typical loan. Your actual costs may vary based on your credit profile.
Loan Details
| Loan Amount | R 10 000 |
| Loan Term | 12 months |
| APR | 22.8% |
| Monthly Payment | R 1 023 |
Cost Breakdown
| Principal Amount | R 10 000 |
| Total Interest | R 2 280 |
| Initiation Fee (est.) | R 1 140 |
| Total Amount to Repay | R 13 420 |
Ready to Apply at Lime24?
Get loans from R 1 000 to R 15 000 with 22.8% APR. Fast approval - often same day!
Apply Now at Lime24Eligibility Requirements
- ✓ Age between 21-65 years
- ✓ Permanent employment for 3+ months
- ✓ Clear credit record
- ✓ Net salary minimum R3500
- ✓ South African bank account
- ✓ Valid ID document
Advantages & Disadvantages
✓ Pros
- • Competitive rates from 22.8%
- • Higher loan amounts up to R15,000
- • Flexible repayment terms up to 12 months
- • No hidden fees or charges
- • Personal loan consultant assigned
- • Competitive interest rates for the market
- • NCR registered (NCRCP7386)
✗ Cons
- • Strict credit requirements
- • Longer approval process
- • Employment verification required
Frequently Asked Questions
How much can I borrow from Lime24?
You can borrow between R 1 000 and R 15 000, depending on your credit profile and affordability assessment.
What is the interest rate at Lime24?
Lime24 offers loans with an APR example of 22.8%. The actual rate you receive will depend on your individual credit assessment and affordability.
How long are the repayment terms?
Repayment terms range from 1 to 12 months, giving you flexibility to choose a term that suits your budget.
Is Lime24 registered with the NCR?
Yes, Lime24 is a registered credit provider with the National Credit Regulator (NCR) (Registration: NCRCP7386), ensuring compliance with the National Credit Act.
Can I apply for Lime24 loans from any city in South Africa?
Yes, Lime24 accepts applications from residents across South Africa, including major cities like Johannesburg, Cape Town, Durban, Pretoria, and many others. The application process is fully online, making it accessible regardless of your location.
How do I know if I can afford a loan from Lime24?
Lime24 conducts an affordability assessment as required by the National Credit Act. Your monthly repayment should not exceed 30-35% of your net monthly income. Use the loan cost calculator on this page to estimate your monthly payment.
What are the alternatives to Lime24?
If Lime24 doesn't meet your needs, consider other NCR-registered lenders offering similar loan amounts and terms. Compare multiple options to find the best rates and terms for your situation.
How long does it take to get approved by Lime24?
Lime24 typically provides fast approval decisions, often within hours of application. Once approved, disbursement times depend on your bank and the verification process.
Can I settle my Lime24 loan early?
Under the National Credit Act, you have the right to settle your loan early. Contact Lime24 directly to get an early settlement quote. Early settlement may reduce the total interest paid, but check if any early settlement fees apply.
What fees does Lime24 charge?
Lime24 charges fees in accordance with NCR regulations. Common fees include an initiation fee (capped at 15% of the loan amount, maximum R1,140) and monthly service fees (maximum R60). Always review your loan agreement for the complete fee structure before signing.
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Lime24 accepts loan applications from residents across South Africa. Apply online from these major cities and more:
Apply Now
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Find the best personal loan for your needs by comparing rates, terms, and features from NCR-registered lenders.
View All LendersDisclaimer: Credizen is a comparison platform and not a lender. We receive compensation from Lime24 when you apply through our site. Loan approval and terms are subject to Lime24's credit assessment and affordability checks.
Responsible Lending: Before applying, ensure you can afford the monthly repayments. Defaulting on credit agreements can negatively affect your credit score. This information is provided for comparison purposes only. Always read the terms and conditions from Lime24 before accepting a loan offer.
Emergency Financial Help
If you're experiencing financial difficulties, contact your local financial counseling service.
- South Africa: National Credit Regulator - 0860 627 627
- Romania: ANPC - 0213142200
- Colombia: Superintendencia Financiera - (571) 594 2222
- Poland: KNF - 22 262 5000