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Repaying a loan
How to repay a loan:
- 2.Borrower clicks 'Repay' button shown on loan details
- 3.Borrower is first prompted to approve transfer of funds (must complete
- 4.Borrower is then prompted to
repaytransaction. 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 ‘repaid’ automatically and no further action by the borrower is needed.