You can repay any amount at any time with no early repayment fees. The interest is calculated based on your outstanding loan principal and the number of days borrowed.

Daily Interest

= (Outstanding Loan Principal) × (Daily Interest Rate)

= (Outstanding Loan Principal) × (APR ÷ 365)

To make a repayment:

  1. Log In to your Exchange account

  2. Go to Dashboard > Lending > Loans

  3. Tap Repay Now to make repayment to your outstanding loan

You can learn more about how repayment works here.

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