Are you a Lioncash app customer who wish to increase the loan limit? You are not alone, many lion cash customers need this. Lioncash loan minimum limit is kes 500. This is how you can easily increase Lion cash app loan limit, but first you have to understand how Lion cash app makes lending decision.
How LionCash App Works
LionCash App works on an automated computer based system that is free from human bias that determine borrowers eligibility on person level in a matter of seconds. After downloading and registering with the app,the app start to determine your loan limit.
Lion cash App uses data from your phone including handset details and financial transaction messages and other loans repayment history.
Ways To Increase LionCash App Loan Limits
Its every borrower wish to have access to larger loan limits, however there are things they do wrong and end up have very low loan limits but now the secret is out ! This is how you can open possibility for larger loan limits:
1) Pay Your loans on Time or Earlier
This is the biggest factor for one to enjoy larger loan limits. Paying your loan on time builds trust with the app. Your loan limit will automatically improve over time.
2) Use MPESA Regularly
Make a habit of using MPESA for most of your financial transactions e.g settling bills, sending money etc. An active MPESA account automatically attract larger loan limits.
3) Take loans Regularly
Taking loans regularly improves your trust, take loans and pay to make the system detect that you are an active borrower and automatically your loan limit will go up.
4) Do not Delete Financial Transactions Messages
The app regularly checks your data ,having many financial transaction messages especially MPESA means you are an active borrower and your loan limits are likely to grow quickly.
Do not uninstall the app from the phone as it regularly checks for your data , removing it from the phone and installing it back ,means it start a fresh. This will lead to low loan limits.
Conclusion On LionCash App loan limits
Trust me the above tricks work. However some factors such as Government policies and Pandemics affect the lending and can result to low loan limits.
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