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Is there a minimum repayment limit?

Below you can find the minimum repayment limits for Nexo's loan repayment options:

Min._repayment_%2B_1INCH___MKR.png

* XRP repayments are currently not available for US citizens and residents.

* Currently only the interest can be repaid with NEXO tokens.

 

Important: Please note that loans repaid in less than 30 days are charged interest for the remainder of the 30-day period at the standard APR of 13.9% regardless of your loyalty tier. This is in order to prevent improper use of the Nexo Platform and to safeguard Nexo as a company, but more importantly, our clients and investors.

This information is also available on the Credit Line Repayment screen as seen in the sample screenshot below:

30-day_interest.png

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