We will send you notifications by email about the upcoming repayments according to your payment schedule. So check your email in order not to miss a deadline.
If the borrower wasn’t able to pay, the system would try to make an automatic repayment. To make it possible, you should have enough money in the loan currency on your CoinLoan account. If there aren’t enough funds, the system will liquidate a part of the collateral needed by current market rate to make a payment.