What happens if the value of my collateral decreases?

Your loan may be nearing a margin call.

  • An email notification will be sent out to alert you of a price decrease in the event your loan’s Collateral To Principal ratio falls under 175%.  While no action is required at this time, a margin call requiring borrower action will be triggered should the CTP ratio fall below 150%.
  • In order to avoid a margin call and in light of the timeline required to respond to a margin call, you may wish to deposit more collateral into the address for your loan and/or make a payment via wire transfer towards the principal balance of your loan upon receiving this notification.  
  • Read more about margin calls here: What is the margin call process?