Zidisha Forum

• Adaeze Ndubuisi    Asaba, Nigeria    Aug 9, 2019

  I repaid a loan of #5,241 yesterday, and today is actually my due date, and as at the time of repayment my credit limit for my next loan was thirty three thousand plus only for me to make a repayment and created another loan and I was offered eight thousand plus and then my next loan is eleven thousand plus please I don't understand how this credit limit thing works because my expectation was the thirty three thousand plus because I needed to get a sealing Machine but with the present loan offer I can't get that.

  • Kelvin Malambo    Volunteer Mentor    Kafue, Zambia    Aug 10, 2019

    Hi Ndubuisi;
    
    Maybe its because you did not give it enough time before you could apply again. Also note that early remittance doesn't count. Make repayment on the due date or within 10 days of the grace period.
    
    Good Luck
  • Purity Gacheru    Volunteer Mentor    Nairobi, Kenya    Aug 13, 2019

    Hi, Ndubuisi, it is possible for Credit Limit(s) to change to lower figures depending on the capital available for lending at the time of borrowing.
• Ali Samuel    Bida, Nigeria    Aug 9, 2019

  are u sure u paid ur loan exactly when due and at the expected segmented day