How To Increase Your Zenka loan limit

Many people don’t realize they can increase their Zenka loan limit. It’s easy to do, and you can. We will demonstrate how to increase your Zenka loan limit, so that you can borrow more money whenever you need it.

Zenka digital limited, a Fintech company offering instant mobile loans to Kenyans, is well-known. Customers can access the app to get quick, convenient, and easy loans with flexible repayment terms and relatively low interest rates.

The company was established in October 2018. It now has one million users.

They announced in mid-2020 that they would increase their loan limit from Ksh 30,000 to Ksh 30.000. The Zenka loan now allows borrowers to borrow more money than ever before.

Both borrowers as well as the company will benefit from an increased loan limit. This allows Zenka to expand its customer base and makes it easier for more people to get the money they need.

Table of Contents

How to increase your Zenka loan limit

An excellent way to increase your loan limit is to have more money available when you are in need. This can be done in a number of ways, but it is generally quite simple.

Logging into your Zenka account from your smartphone allows you to check the loan limit and other details.

Here’s how to increase your Zenka loan limit

1. A good credit score is important.

A good credit rating is one of the most important factors that will allow you to increase your Zenka loan amount.

Zenka will approve your loan request if you have a high credit score.

You can find out your CRB Status at no cost on sites such as Creditinfo and Metropol.

2. Regularly borrow from Zenka

You can also increase your loan limit by borrowing from Zenka often. Zenka will see that you are a responsible borrower who can repay loans quickly. This helps to build your credit score which will help you get more loans from Zenka in future.

3. Pay your loan repayments on time or early.

Although this one is obvious, it is still important to mention. It is a great way to improve your credit score, and increase the loan limit.

READ ALSO:   PayDey Loan: How To Apply, Download App, Code

4. Make sure your account is active.

You should not uninstall the app or delete it yet. To keep your account active, you must log in at least once per 90 days. This lets Zenka know that you are still interested in their service and are a reliable borrower.

5. Refer friends to Zenka

Referring friends to Zenka can increase your loan limit. Refer a friend to Zenka and you will receive a Ksh500 bonus. Your friend will get a Ksh500 bonus.

Both you and your friend will win. Your friend will be able access quick and easy loans, while you can increase your loan limit.

6. Ask Zenka to increase the limit.

Zenka can help you request a loan with a higher limit if you feel you are deserving. It’s possible for them to say no, but it is worth the effort.

7. Mpesa allows you to transact more and keeps your messages.

You will have a greater chance of getting your loan amount increased by using Mpesa transactions. Keep your Mpesa log messages. Your loan limit is determined by the Zenka app scanning your phone.

8. Do not upgrade or change your phone.

Do not upgrade your phone to a higher model or change the settings. This will reset your phone and force you to start over.

READ ALSO:   Nigloan : App Download, How To Apply

9. A steady income is key

Zenka also considers your income when approving loans. They want you to be able to repay the loan on time.

Zenka will lend you a larger amount if you have steady income. Because they will know you are capable of repaying the loan in full, this is a huge advantage.

10. Be patient.

It can take time to increase your loan limit. Be patient. Follow the above steps and your loan limit should increase in a matter of weeks.

There are many ways to increase your Zenka loan limit.

Follow the steps above to increase your chances of getting the money that you need. What are you waiting to do? Get started increasing your loan limit immediately!

Leave a Comment

error: Content is protected !!