You can close your loan prior to your loan’s maturity date in your Strike app’s Loan Center by repaying all outstanding interest and principal. Early loan closures are available 60 days after you open your loan, to accommodate cash settlement times.

How to close your loan:

To close your loan, visit your Strike app’s Cash tab and follow these steps:

1. Tap your LTV Tracker to open your Loan Center
2. Tap your Payment tile, located in the bottom left
3. Select "Close your loan"
4. Follow the prompts to pay your outstanding amount using your cash balance or bitcoin collateral

There is no added fee for early closure of your loan.

After your loan is closed

Upon successful repayment of all outstanding balances, your remaining collateral will be returned to your Strike account within one business day. After closure, you will still be able to access your Loan Center to review your loan's history. When you're finished reviewing, you can remove your Loan Center and the LTV Tracker from your Cash tab by tapping "Archive your loan" in the Loan Center.

A Loan Summary document, providing a detailed overview of your loan's history, will also be available in the Documents section of your Account screen. You can also access your loan's transaction history in your Activity screen or download a CSV file of all your transactions in your web-based Strike Dashboard.