This information comes directly from Nexo's help center
Below you can find the minimum repayment limits for Nexo’s loan repayment options:
Important:
- XRP repayments are currently not available for US citizens and residents.
- Currently only the interest can be repaid with NEXO tokens.
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Repayments with Terra Classic (LUNC) are temporarily paused.
Please note that loans repaid in less than 30 days are charged interest for the remainder of the 30-day period at the standard APR of 13.9% regardless of your loyalty tier. This is in order to prevent improper use of the Nexo Platform and to safeguard Nexo as a company, but more importantly, our clients and investors.
This information is also available on the Credit Line Repayment screen as seen in the sample screenshot below:
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