TransferXO offers an easy and seamless process for repaying or liquidating your loans through its mobile web app. Whether you want to make a partial repayment, fully repay your loan, or liquidate collateral, this guide walks you through each step to ensure a smooth transaction.
Step 1: Access Your TransferXO Account
Open your preferred web browser on your mobile device and navigate to the TransferXO website via transferxo.com. Ensure you have a stable internet connection for a seamless experience.
Step 2: Sign in to Your TransferXO
Enter your login credentials (email and password) and sign in to your TransferXO account. If you do not have an account, select Sign Up to create one.
Step 3: Access the Dashboard
After a successful login, you will be directed to your account's Dashboard. This is your central hub for managing various services offered by TransferXO.
Step 4: Locate the Key Offering Panel
At the top of the screen, to the left of the TransferXO logo, locate the Key Offering buttons, which provide access to various services on the platform.
Step 5: Select Loans and Savings
From the Key Offerings panel, select Loans and Savings. This will take you to a section where you can view and manage loan and savings options.
Step 6: Access the Instant Loan Tab
Within the Loans and Savings section, navigate to the bottom of the page and click on the Instant Loan tab.
Step 7: Select the Loan to Repay or Liquidate
Scroll to the My Loans section, where you will find a list of your active loans. Identify and select the specific loan you wish to repay or liquidate.
Step 8: Click on Pay Now
After selecting the loan, tap on the Pay Now button to proceed to the repayment options.
Step 9: Enter the Amount to Repay
If you are making a repayment, enter the amount you wish to pay towards your loan balance. If you plan to liquidate the loan, proceed to the next step without entering a repayment amount.
Step 10: Choose a Repayment or Liquidation Option
Pay from Wallet: Use your TransferXO wallet balance to repay the loan partially or fully.
Liquidate Collateral: Choose this option to use your pledged collateral to clear the outstanding loan balance.
Step 11: Confirm and Complete the Transaction
Tap on the Repay button to finalize the payment or liquidation process. You will receive an on-screen confirmation of the successful transaction.
Completion and Next Steps
Congratulations! You have successfully repaid or liquidated your loan. You will receive a confirmation notification on your screen.
Click Take Me Home to return to the Dashboard and continue using TransferXO services.
If you need further assistance, visit the TransferXO Support Center through the Help & Support section in the app or on the website. You can also contact customer support for personalized guidance.