Loan Repayment
Last updated
Last updated
The Borrower shall partially repay or repay the loan in full before the end of the agreed upon period; when making early principal repayments, the Borrower must also pay at least half of the corresponding interest due.
Partial repayments are distributed to Lenders starting from the top of the Lending Queue, resulting in decreasing average APR for the Borrower.
Once repaid, the Borrower may reclaim their collateral.