The process to request a loan can take as little as 30 seconds in the app.
For USD loans, we initiate the fund transfer as soon as your loan is approved.
For US based customers, funds will usually hit your account either the same day or within one business day.
For international customers, it can take 3-5 business days.
Please keep in mind that, as with anything relating to traditional banking infrastructure, while we can guarantee that we initiate the transfer of funds when the loan is approved, your receiving bank may have different policies or procedures in place and that can delay the funds hitting your account.
Stable coin loans, are released directly into your Celsius wallet. You can withdraw your stable coins at any time, or leave them in your wallet to earn interest.