Instant Loan

Discover how to get fast and easy loans against of your crypto.

Sofia avatar
16 articles in this collection
Written by Sofia

Get a Loan with the Lowest Rate Possible

Sofia avatar
Written by Sofia
Updated over a week ago

How CoinLoan Instant Loans Work

A comprehensive crypto-backed borrowing guide.
Sofia avatar
Written by Sofia
Updated over a week ago

Can I initiate the sell of collateral to make a repayment?

Yes, you can make a partial or full repayment using the collateral of your loan.
Sofia avatar
Written by Sofia
Updated over a week ago

Can I borrow against crypto I hold in the Interest Account?

You can't use the same asset in the Interest Account and Instant Loans simultaneously.
Sofia avatar
Written by Sofia
Updated over a week ago

How to sleep well during the market crash if I have a loan?

How to make your loan more resistant and sleep well during the next market crash
Sofia avatar
Written by Sofia
Updated over a week ago

What is CoinLoan Instant Loan?

Use your crypto as collateral to get a loan without credit checks with CoinLoan Instant Loans.
Sofia avatar
Written by Sofia
Updated over a week ago

Can I borrow without collateral?

No, CoinLoan offers only secured loans.
Sofia avatar
Written by Sofia
Updated over a week ago

Do I still own my cryptoasset?

On CoinLoan you get your collateral back after you repay the loan.
Sofia avatar
Written by Sofia
Updated over a week ago

When will my first repayment be due?

You can view your CoinLoan payment schedule selecting My Loans > Loan Details > Repayment Schedule.
Sofia avatar
Written by Sofia
Updated over a week ago

Can I get more than one loan at a time?

On CoinLoan you can borrow an unlimited number of loans.
Sofia avatar
Written by Sofia
Updated over a week ago

What is the Loan-to-Value (LTV) Ratio?

A ratio between the amount of your loan and the market value of your collateral.
Sofia avatar
Written by Sofia
Updated over a week ago

What happens if the market value of my cryptoasset changes?

If your collateral value drops significantly and LTV reaches a danger zone of 80%, you’ll get an email with instructions.
Sofia avatar
Written by Sofia
Updated over a week ago

How do I repay my loan?

Check out info about repayment algorithm, repayment currency and early repayments.
Sofia avatar
Written by Sofia
Updated over a week ago

What happens if I fail to repay my loan?

If the borrower wasn’t able to pay, the system would try to make an automatic repayment.
Sofia avatar
Written by Sofia
Updated over a week ago

Will my credit score be affected by applying for a crypto-backed loan?

CoinLoan doesn't carry a check on the applicant’s credit score.
Sofia avatar
Written by Sofia
Updated over a week ago

Are there any prepayment (early repayment) fees or penalties?

To make an early repayment on CoinLoan, go to My Loans > Loan Details > Repayment Schedule.
Sofia avatar
Written by Sofia
Updated over a week ago