Sell the loan
Last updated
Last updated
Provided that you are the active lender of a loan you have the option to sell your position to other offers.
If you go to the NFT page of your ongoing loans, scroll down until you find an eligible offer that says sell loan.
Not all offers are eligible to be accepted since we have to ensure the borrower doesn't get worse conditions than he already has by the time the maturity of the original loan is reached.
If you check the column sell amount. You will be able to see how much you will receive by selling the loan to that offer.
By clicking sell the loan you get to see a breakdown of the transaction.
It is possible that the amount to receive is bellow the original principal plus the accrued interest, so check the math carefully.