All loan terms are locked for an initial 90 day period and it is automatically extended for an additional similar fixed period at the prevailing interest rate except the member chooses to terminate it at its expiration. Upon termination your principal loan balance will be returned to you along with any accrued interest payments pending in your account. Members will have a 7 day period on or around the expiration date to indicate their interest to continue or withdraw their principal loan amount.

Note: Members can withdraw any interest earned anytime they choose.