Ledn offers flexible options for renewing or refinancing your existing loans.
Loan Renewals
Automatic Renewal: If your loan's Loan-to-Value (LTV) is at or below 65% at maturity, it may be automatically renewed under a new loan agreement. The renewed loan may include a new administrative fee and a new interest rate, based on Ledn's pricing for your renewal loan amount. The renewal is based on the outstanding balance at maturity. See current tier rates at ledn.io or in your account at platform.ledn.io/loans
When Automatic Renewal Will Not Occur:
Your loan will not be automatically renewed if any of the following conditions apply:
Your LTV exceeds 65% at the time of maturity.
Your loan is an ETH-backed loan (ETH loans are not eligible for renewal).
You are located in an ineligible jurisdiction (see list below).
Canada: Quebec, New Brunswick, Nova Scotia, Saskatchewan
United States: California, Louisiana
Europe: Germany, France, Italy
What Happens If My Loan Is Not Renewed or Repaid at Maturity?
If your loan reaches maturity and is not repaid, refinanced, or eligible for automatic renewal, it will be liquidated on the day of maturity at 11:59 PM (system time). There is no grace period beyond your loan's maturity date. Please ensure you take action before your loan's maturity date to avoid automatic liquidation.
Refinancing
Loans can be refinanced after being open for at least 30 days.
Refinancing may help:
Adjust your loan terms
Switch loan types, or
Secure updated rates.
Your refinanced loan will use the currently posted rate for your new loan amount — so consolidating multiple loans into one larger loan may qualify you for a lower rate tier.
A refinance is subject to a new loan agreement, which may include a new 2% administrative fee. The refinance amount is calculated based on the outstanding balance at the time of the request.
Note: Refinancing or renewing a loan does not release additional fiat or unlock additional collateral.