Fixed Loan Term
Loan term is from 11 days to 180 days.
The loan term is from 11 days to 180 days.
The loan principal plus interest plus fees have to be paid back at the latest at the loan’s end. If this is not the case, then the loan is liquidated—the collateral assets are liquidated, the lender receives the principal plus interest, and the platform receives the platform fee. The remaining funds will stay in the credit line so the borrower can use them later.