Yes, you may own any number of loans. You can set different maturities and values for them.
By paying in installments, clients can reduce their arrears (in case they repay more than the current interest debt). As a result, clients only have to pay interest on a [...]
The system will send several reminders via e-mail prior to the scheduled repayment date. If you can’t make the repayment or ignore the notifications, the collateral management system will automatically [...]
When the value of the crypto used as collateral is falling below 105% of the loan amount, Inlock's "collateral manager" system automatically sells your collateral and pays back the loan [...]
APR: Annual percentage rate, this is your interest rate stated as a yearly rate. APY: APY: Annual percentage yield, this is the return that can be realized on your savings [...]
After you accept the offer, the USDC will be immediately credited to your account. Then you may instantly transfer it or use it for any other purpose within the INLOCK [...]
Loans can be taken out exclusively in USDC stable coin which has a value linked to the USD exchange rate. USDC token is supported by most of the currency-exchanges and [...]