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  1. Lenmo Inc
  2. FAQ
  3. Crypto-Backed Loans

Crypto-Backed Loans

  • How does Lenme determine the maximum loan amount?
  • How long is the payback period for the crypto-backed loans?
  • In case of liquidation, does Lenme charge any additional fees?
  • What are Crypto-Backed Loans?
  • What crypto-exchange wallets does Lenme currently support?
  • What fees do borrowers pay for Crypto-Backed loans?
  • What fees do lenders pay for Crypto-Backed loans?
  • What happens after I accept an offer for a crypto-backed loan?
  • What happens if the borrower defaults on the loan?
  • What happens when the crypto currency drops in price?
  • What is the Annual Interest rate (APR) I can get on Crypto-Backed loans?
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