Celsius is now automating this process and it will be an in app feature soon.
For now, here is what you need to do. Send an email to our loans team at firstname.lastname@example.org stating all of the 2 pieces of information below.
- Ensure that at least 6 months of the loan interest payments have been paid. This is a minimum requirement for all of our loans. If you haven't paid 6 months of interest, just let us know in which coin you'd like to pay the missing interest payments and we can deduct it from your Celsius wallet.
- Reason for closing the loan.
And that is all you need to do. Our team will take it from there!
Also keep in mind that, when paying off your USD loan, you must remember that, regarding principal payments, you pay the loan back as a lump sum, in one go, at the end of a loan's term, not in monthly payments.
For any additional information, please contact our loans team at email@example.com.