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What Happens If My Loan Repayment Is Overdue?
What Happens If My Loan Repayment Is Overdue?

More information on loan repayment and failing to fully repay a loan before the expiry time

Valery avatar
Written by Valery
Updated over a week ago

If you fail to fully repay your loan before the expiry time, we will fully liquidate your Collateral to clear the outstanding balance. The remaining liquidation proceeds will be returned to your Exchange Wallet.

To avoid Forced Liquidation, please fully repay your outstanding loan balance before the expiry time.

  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, and find more information about loan terms here.

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