TrueFi Docs
  • What is TrueFi?
  • πŸ”ŽUser Guide
    • Lend
      • How to lend
      • How to withdraw
      • Onboarding / KYC (for permissioned pools)
    • Borrow
      • Receiving a loan
      • Repaying a loan
    • Manage
      • Onboarding for managers
      • Creating a vault
      • Disbursing loans
      • Managing KYC/KYB requirements
  • ⚑TrueFi Protocol
    • Lines of Credit
      • Line of Credit tutorial
      • Lines of Credit technical details
    • Asset Vaults
      • Asset Vault tutorial
      • Asset Vault technical details
    • Credit Vaults
      • Credit Vault tutorial
      • Credit Vault technical details
        • Credit Vault contract overview
        • Waterfall details
    • Index Vaults
      • Index Vault tutorial
      • Index Vault technical details
    • TRU token
      • Staked TRU
      • How to Get TRU
    • Other concepts
      • Controllers
      • Instruments
        • FixedInterestOnlyLoan
        • BulletLoans
      • [Legacy] DAO pools
        • delt.ai loan: Jan 2023 airdrop claiming instructions
        • delt.ai loan: July 2023 airdrop claiming instructions
        • delt.ai loan: October 2023 airdrop claiming instructions
        • delt.ai loan: Jan 2024 airdrop claiming instructions
        • delt.ai loan: Apr 2024 airdrop claiming instructions
        • delt.ai loan: Nov 2024 airdrop claiming instructions
        • Loan approval process
        • Lender FAQs
          • Lending to DAO pools
          • Farming TRU rewards
          • Withdrawing funds
          • How lending pool (LP) tokens work
          • How loan tokens work
          • SAFU (Secure Asset Fund for Users)
          • Risk Mitigation
        • Developer docs
      • Other legacy contracts
        • Managed Portfolio [legacy]
        • Flexible Portfolios [legacy]
          • Flexible Portfolio contracts
    • Audits
Powered by GitBook

General

  • TrueFi app
  • Docs

Governance

  • Tally
  • Snapshot

Community

  • Forum
  • Twitter
On this page

Was this helpful?

Export as PDF
  1. User Guide
  2. Borrow

Repaying a loan

PreviousReceiving a loanNextManage

Last updated 11 months ago

Was this helpful?

How to repay a loan:

  1. Borrower goes to

  2. Borrower clicks 'Repay' button shown on loan details

  3. Borrower is first prompted to approve transfer of funds (must complete approve() on-chain transaction).

  4. Borrower is then prompted to transaction. This transaction transfers funds back to the portfolio and repays the full amount owed on the loan.

    • Once this transaction is complete, the loan is marked β€˜repaid’ automatically and no further action by the borrower is needed.

πŸ”Ž
app.truefi.io
repay