At Nexo, we believe in giving you the flexibility to structure your finances according to your own needs.
There are no minimum loan repayments in fiat. You can repay your loan at any time. You can repay it in fiat, crypto or a combination of fiat and crypto. For minimum crypto repayments, please click here.
Interest is added to your outstanding balance daily at 00:00 CET.
You can repay some or all of your loan early at any time, and you could save on interest as you only pay interest for the days you borrow.
Please note that if you repay a loan within 30 days of the last withdrawal, you will be charged interest at the standard APR of 11.9% for the full 30 days regardless of your current loyalty level. Repayments will be used to cover the earliest loan withdrawals and to pay off interest before the principal. Repayments will be used to cover the earliest loan withdrawals and to pay off interest before the principal.