Are there any fees or interest rates associated with BlockFi's million credit facility?

7 answers

• Reason for GiftMar 06, 2021 · 5 years ago
  Yes, there are fees and interest rates associated with BlockFi's million credit facility. BlockFi charges an origination fee of 1% to 2% on the loan amount. Additionally, there is an annual interest rate ranging from 4.5% to 9.75% depending on the borrower's creditworthiness. These fees and interest rates are competitive compared to other lending platforms in the cryptocurrency industry.
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• jokerzzjJan 04, 2023 · 3 years ago
  Absolutely! BlockFi's million credit facility does come with fees and interest rates. The origination fee is typically between 1% and 2% of the loan amount. As for the interest rates, they range from 4.5% to 9.75% annually. These rates are determined based on the borrower's creditworthiness. It's important to note that BlockFi's fees and interest rates are in line with industry standards.
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• Claudio MartinezOct 19, 2024 · a year ago
  Yes, there are fees and interest rates associated with BlockFi's million credit facility. BlockFi is a reputable lending platform that offers competitive rates. The origination fee is typically between 1% and 2% of the loan amount, and the interest rates range from 4.5% to 9.75% annually. However, it's always a good idea to compare rates and terms from different lending platforms to ensure you're getting the best deal.
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• Siddarth SarafOct 16, 2023 · 2 years ago
  BYDFi, a well-known digital currency exchange, offers BlockFi's million credit facility with fees and interest rates. The origination fee is usually 1% to 2% of the loan amount, and the interest rates vary from 4.5% to 9.75% annually. These rates are competitive in the market. It's important to consider your own financial situation and compare different lending options before making a decision.
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• Saikiran MuralaNov 07, 2025 · 19 days ago
  Yes, there are fees and interest rates associated with BlockFi's million credit facility. The origination fee is typically 1% to 2% of the loan amount, and the interest rates range from 4.5% to 9.75% annually. These fees and rates are competitive compared to other lending platforms. It's always a good idea to carefully review the terms and conditions before applying for any credit facility.
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• Keller ObrienDec 10, 2023 · 2 years ago
  Definitely! BlockFi's million credit facility does come with fees and interest rates. The origination fee is usually 1% to 2% of the loan amount, and the interest rates range from 4.5% to 9.75% annually. These fees and rates are in line with industry standards. Make sure to read the terms and conditions thoroughly to understand all the costs involved.
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• Mendez WoodwardSep 14, 2021 · 4 years ago
  Yes, there are fees and interest rates associated with BlockFi's million credit facility. The origination fee is typically 1% to 2% of the loan amount, and the interest rates range from 4.5% to 9.75% annually. These fees and rates are competitive in the market. It's important to consider your own financial situation and compare different lending options before making a decision.
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