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Loan Forgiveness

Lenders can forgive loans at anytime across the repayment period.

Airion avatar
Written by Airion
Updated over a week ago

As a Lender, you'll have the power to forgive a portion or all of your loan with the Borrower.

  • Only Active loans can be forgiven.

  • Only 2 loans can be forgiven per month.

  • Once the loan is forgiven, both parties will be notified via email and text

How to forgive a loan

Follow the steps below to forgive a loan in Zirtue.

  • Go to My Loans located at the bottom of the home screen.

  • At the top of the screen, select Lending

  • Choose the loan you wish to forgive.

  • Scroll down to the bottom of your Loan Request Summary and tap Forgive ->

  • We'll request that you confirm your cancellation.

You may be asked to select a reason for forgiving your loan. After choosing your reason, a confirmation message will appear stating that your loan has been successfully forgiven.

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