Instant Loan

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

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14 articles in this collection
Written by Dana

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.
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Written by Dana
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.
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Written by Dana
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
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Written by Dana
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.
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Written by Dana
Updated over a week ago

Can I borrow without collateral?

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

Do I still own my cryptoasset?

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

How do I repay my loan?

Check out info about repayment algorithm, repayment currency and early repayments.
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Written by Dana
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.
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Written by Dana
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.
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Written by Dana
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.
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Written by Dana
Updated today