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Are there any fees on a Credit Line?

What you pay when you borrow.

We don't charge a fee to open or close a Credit Line, to add or withdraw collateral, or to move funds from your Credit Line to your Wallet.

Interest
You pay interest on what you borrow, and the rate depends on your LTV. See How is interest calculated on my Credit Line?

Repay with Collateral
A small conversion fee applies when we sell collateral to make a repayment. Repaying from your Wallet has no conversion fee.

Withdrawals
Moving funds from your Wallet to another wallet has the usual withdrawal fee. See What are withdrawal and deposit fees on Clapp?

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