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Frequently Asked Questions (FAQ)
What are the interest rates for loan repayments?
Users benefit from a 0% interest rate during the initial year of loan repayment. Subsequently, a 3% annual interest rate applies.
How do I repay my loan?
Loan repayments can be conveniently facilitated through our user-friendly platform, with multiple payment options available.
What happens if I fail to repay my loan?
Non-compliance with the repayment schedule may result in additional charges and legal ramifications.
Is my personal information secure?
Yes, Solana prioritizes the security and confidentiality of user data, employing robust encryption and security measures to safeguard sensitive information.
How do I apply for a loan?
Applying for a loan is a seamless process through our intuitive platform, with clear instructions provided to guide users through each step of the application process.
How is the loan amount determined?
The loan amount is contingent upon the valuation of the account linked to SolanaXtra.
