Question...Since they automatically added more collateral to my loan and

Question

Question...Since they automatically added more collateral to my loan and

its back to 25%. if i request to close my loan by liquidating it, do they take ALL the collateral they added or just sell what will cover the loan amount and i hopefully get back the remaining collateral?

0

15.06.2022

2 ответов

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Steven Автор вопроса

keepstackinsats
Only your agreed upon loan amount would be liquida...

okay i figured as that would be stealing more than owed haha but thank you for clarifying

0

15.06.2022

keepstackinsats · Accepted Answer

keepstackinsats

Only your agreed upon loan amount would be liquidated from entire collateral, remaining collateral released back to you, minus a 3% liquidation fee

0

15.06.2022

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