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How to get fast and easy loans against your crypto
21 articles in this collection
Written by
Sofia
and
Anastasia
How much time I have before you liquidate my collateral
It depends on your specific situation, as collateral liquidation may occur in a few cases. See some examples inside.
Written by
Anastasia
Updated this week
What is collateral? Which assets can be used as collateral?
Collateral is our way to secure all the funds we lend. See the complete list of assets used as collateral inside.
Written by
Anastasia
Updated over a week ago
How CoinLoan Instant Loans work
A comprehensive crypto-backed borrowing guide.
Written by
Sofia
Updated over a week ago
What is collateral liquidation process?
Collateral liquidation is the sale of a part of the collateral to repay the loan. There are a few cases when it may occur.
Written by
Anastasia
Updated this week
What is CoinLoan Instant Loan
Use your crypto as collateral to get a loan without credit checks with CoinLoan Instant Loans.
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.
Written by
Sofia
Updated over a week ago
What happens when 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.
Written by
Sofia
Updated over a week ago
Are there any prepayment (early repayment) fees or penalties?
No. To make an early repayment on CoinLoan, go to Loans, choose your active loan and click the Repay button.
Written by
Sofia
Updated over a week ago
What are the benefits of using Instant Loans?
Interest rates from 4.95%, automatic approval, variable LTV options, and more.
Written by
Sofia
Updated this week
How to download the list of my loans
Steps to downloading a CoinLoan list of loans.
Written by
Sofia
Updated over a week ago
Get a loan with the lowest rate possible
Written by
Sofia
Updated over a week ago
Can I initiate the sale of the collateral to make a repayment?
Yes, you can make a partial or full repayment using the collateral of your loan.
Written by
Sofia
Updated over a week ago
Can I borrow against the crypto I hold in the Interest Account?
You can't use the same asset in the Interest Account and Instant Loans simultaneously.
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.
Written by
Sofia
Updated over a week ago
Can I borrow without collateral?
No, CoinLoan offers only secured loans.
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.
Written by
Sofia
Updated over a week ago
When will my first repayment be due?
You can view your CoinLoan payment schedule by going to Loans and choosing the desired loan.
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.
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.
Written by
Sofia
Updated over a week ago
How to repay my loan
Check out info about repayment algorithm, repayment currency and early repayments.
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.
Written by
Sofia
Updated over a week ago