Repaying a loan
How to repay a loan:
- 1.
- 2.Borrower clicks 'Repay' button shown on loan
- Borrower is prompted to approve transfer of funds (must complete
approve()on-chain transaction) - Next, borrower will queue
repay()transaction. This transaction will transfer funds back to the portfolio to repay the full amount owed on the loan.
- 3.Once borrower completes the repay transaction, the loan is marked as ‘repaid’ automatically (no further action is required).
Last modified 2mo ago