How to repay?
For now, Matrixport only supports one-time repayment (including interest). According to your borrowing period, the interest is calculated on a daily basis, and the principal and interest are repaid in one lump sum. More repayment methods will be available in the future.
Can I repay it in advance?
Repayment in advance is supported but the interest will be charged according to your borrowing period.
What If I overdue repayment?
Overdue repayment will be charged penalty interest calculated on a daily basis. If customers overdue the maximum overdue time, the collateral will be liquidated.
For more detail, please check each product rule.