Someone needs to get their story straight. CSR tells me

Question

Someone needs to get their story straight. CSR tells me

as long as liquidation level isn’t hit it’s all fine and now this is from loans department making it seem like if you can’t close your loan it’ll be closed and partially liquidated. Which is it? Lol

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30.06.2022

15 ответов

17 просмотров

Matt Автор вопроса

Klaus
They disabled extensions to the loans so if they b...

So nice to have a CSR tell me the opposite -_-

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30.06.2022

Arun Sharma

Matt
So nice to have a CSR tell me the opposite -_-

That's terrible. Are you close to a liquidation event. May be pay some off to bring value down.

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30.06.2022

Matt Автор вопроса

Klaus
They disabled extensions to the loans so if they b...

Just take my collateral now then, forget it. I had long standing loans with Celsius. Can’t snap my fingers to come up with what I’d need and even if I could it still doesn’t guarantee I’d get it back.

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30.06.2022

Matt Автор вопроса

Arun Sharma
That's terrible. Are you close to a liquidation ...

You can’t pay down loans it’s all or nothing. They’re ballon payments.

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30.06.2022

Matt Автор вопроса

Arun Sharma
That's terrible. Are you close to a liquidation ...

I’m not close to liquidation levels because I took extra care. That doesn’t matter now bc I’m going to get liquidated anyway from the inability to extend the loans though.

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30.06.2022

Michael Straznicky

I went trough same process. on the end loan was liquidated when margin call was initiated, they sold it and rest of the collateral was sent to other account

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30.06.2022

Matt Автор вопроса

Michael Straznicky
I went trough same process. on the end loan was ...

They sold the amount you borrowed and then sent back the change?

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30.06.2022

Michael Straznicky

Matt
They sold the amount you borrowed and then sent ba...

Yes but its just numbers right ? I don’t think the $ is there

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30.06.2022

Alejo Z

My friend got his collateral liquidated because they never emailed him back with instructions about how to add collateral or close the loan, after her replied several times to the margin calls.

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30.06.2022

Arun Sharma

Alejo Z
My friend got his collateral liquidated because th...

That's what I though you can add collateral.

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30.06.2022

Matt Автор вопроса

Alejo Z
My friend got his collateral liquidated because th...

I’m so sorry 😞. My issue has never been liquidation levels but it seems my proactivity will be in vain. I’m going to get liquidated and have the good standing loans closed because we can’t extend :/

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30.06.2022

M H

Matt
I’m so sorry 😞. My issue has never been liquidatio...

Did you call them?

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30.06.2022

Lex Luna DOGE

Matt
Just take my collateral now then, forget it. I had...

So u pay the loan back. Then what? Goldman or another corporate raider will still get your coins. So better to let it liquidate?

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30.06.2022