What do I do with my loan that’s getting close

Question

Celsius Community

Bry

What do I do with my loan that’s getting close

to liquidation? If I throw more money into Celsius , I don’t even know if I get my collateral back so what’s the point?

0

18.06.2022

4 ответов

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Bry Автор вопроса

Matt
That’s my thinking as well…. I’ve been paying them...

Can I do it through my account or have to email them? I haven’t gotten any response through email

0

18.06.2022

Matt

Bry
Can I do it through my account or have to email th...

I got my deposit addresses shortly after the April 15th interest cutoff. They should be your old deposit address, mine are anyway I still had some saved from before. But yeah I’ve been adding USDC to pay back loans using my old USDC address and then paying it back all from the app. The only thing you’ll need from customer service via call or email are your deposit addresses.

0

18.06.2022

Exodus Leong

Call the loan department and find out what are the options to close the loan and decide .

0

18.06.2022

Matt · Accepted Answer

That’s my thinking as well…. I’ve been paying them off. There’s a 100% chance you won’t see the money again if you don’t pay it, and possible, hopefully probable if you do. I understand there’s are historically low prices, but the amount of BTC/ETH that can be picked up even if we get a little relief rally will still be very very cheap and and will be usual positions to buy in at for awhile. Bear market prices aren’t going anywhere so I am using cash to close up as many loans as I can

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What do I do with my loan that’s getting close

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