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Is the interest paid from collateral or is it paid

from rest of balance available?

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Please read through the FAQ thoroughly it covers all these questions you have here and more. https://support.celsius.network/hc/en-us

Gustav- Автор вопроса
Xineohp
Please read through the FAQ thoroughly it covers a...

Thanks I read all, but I couldn't find from where the interest for my loan is taken....whether from collateral or from rest of balance....?

Gustav
Thanks I read all, but I couldn't find from where ...

Loan interest must be paid from free balance. Collateral is locked and unavailable

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CGYAB89
Loan interest must be paid from free balance. Coll...

Ok thanks, and do I have to do something to pay interest or is it taken every Monday automatically?

It has to be in “custody” account if you’re a US user, but should be automatic if you’ve set that up

Gustav- Автор вопроса
CGYAB89
It has to be in “custody” account if you’re a US u...

No US-user so it should be automatically, but what about if there is no free balance to pay interest? Is it taken from collateral or is it liquidated?

Gustav
No US-user so it should be automatically, but what...

If you don’t pay interest, you may get liquidated after a certain amount of time. I recommend upholding the loan agreement you approved and paying your interest monthly

Gustav- Автор вопроса

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