Lender
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Abra PayOff

Advertiser Disclosure
Konstantin Tochonyi - CEO Finanso®
Konstantin Tochonyi - CEO Finanso®

We have developed for you a convenient company page for Abra in the US . Here you can learn more about the company, get acquainted with its credit products, read the rules for the provision of services, watch video instructions, read customer reviews and leave your own one. Pay attention to our bonus system.

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Konstantin Tochonyi - CEO Finanso®
Konstantin Tochonyi - CEO Finanso®

Finanso believes everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free. 

The exclusive right to Abra trademarks of third parties, including financial organizations, depicted on Finanso® belongs to their copyright holders in accordance with publications in the open registers of authorized bodies. Trademarks of third parties depicted on finanso.com, are indicated for informational purposes only.

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Repayment of loan

Once you choose the interest and your loan term, the sums will start accruing on your loan balance each month. When you agree to the loan, you also agree to pay back the interest. Your interest will be due each month, and you can see the amount and the due date from your account via the app. The interest should be repaid in full before your repayment term ends in order to prevent the liquidations of collateral.

You don't make principal payments throughout the loan term. The payments towards your loan's interest will be taken from your trade account in order to cover monthly payments. Therefore, if you fail to pay Abra back, the company will withdraw the collateral from your account to cover your obligations.

Early payoff

You can choose to pay your loan before the end of the repayment term. If you opt to cover the full cost of the loan, Abra won't issue you fees or penalties.

FAQ

What fees does Abra charge?

For US citizens, Abra doesn't charge any fees if you deposit, transfer, or withdraw funds. 

How can I withdraw funds from the Abra interest account?

You can withdraw funds from your Abra interest account to the trading account. It can take up to seven days. To transfer, click "Withdraw" and enter the amount. 

How long does an Abra transaction take?

For deposits and withdrawals with Abra, the transaction time for US banks takes five to six business days.

How long does an Abra peer-to-peer sending transaction take?

Abra's P2P sending is done immediately. You can use the funds within an hour, typically within ten minutes.

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Update 15.08.2022
Offers
Abra
Digital wallet
Rating by Finanso®
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Recommended FinScore™
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300
650
1000
$10,000-$500,000
Rate
i

Interest rate

up to 9.5%
Term
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Loan term for the financial product

up to 36 months
Apply
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Personal Loans
Rating by Finanso®
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Recommended FinScore™
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300
650
1000
2000.00 – 100000.00 $
Rate
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Interest rate

6.34 – 35.89 %
Term
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Loan term for the financial product

2 months – 5 years
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Check Into Cash
Flex Line of Credit
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Recommended FinScore™
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650
1000
100.00 – 4000.00 $
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World Finance
Personal Loan
Rating by Finanso®
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The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

3.93
(20 Ratings)
Recommended FinScore™
0
300
650
1000
450.00 – 12000.00 $
Rate
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Interest rate

27.50 – 81.29 %
Term
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Loan term for the financial product

6 months – 3 years
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Calculate loan payments in Abra

Abra calculator will allow you to calculate an approximate payment schedule for the loan

Abra calculator
Interest rates are given in accordance with the rates of the Abra of 20.03.2025
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