Loan repayment

Chelo Lending user guide

We can see all the details about our loan and make different operations with them if we click on it in the loans table.

We can repay the loan:

• We must click on the “Repay Loan” button and a Modal will appear, we specify the amount (that musn’t be greater than what we need to pay) and submit our transaction.

• We can mark a loan as Defaulted: We must click the “Mark as Defaulted” button, a Modal will appear to create a transaction that will create a vote in our mini-DAO to mark the loan as defaulted.

Video: Repay loan and mark as defaulted