TrueFi Docs

Repaying a loan

How to repay a loan:
  1. 1.
    Borrower goes to portfolio page in
  2. 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. 3.
    Once borrower completes the repay transaction, the loan is marked as ‘repaid’ automatically (no further action is required).