# Nord NFT Loan FAQ Here are some of the most frequently asked questions. ### What are the different ERC20 tokens supported for lending loans? We currently support only USDC for lending and borrowing loans. The support for multiple tokens will shortly be added. ### Which NFTs are currently supported? Currently only ERC721 compatible NFTs are supported and the support for ERC1155 will be added shortly. Users may fill the [whitelisting form](https://docs.google.com/forms/d/e/1FAIpQLSdeR_SqKycwZUCYxE409X1b-vgXcT7VDE5gkMFOI4VM541GCA/viewform?hl=en_GB) to get their NFT whitelisted. ### Can the borrower repay the loan earlier? Yes, the borrower may choose to repay the loan at any time, before the tenure ends as well. ### What happens if the loan is not repaid on time? The lender will have the option to seize the underlying NFT collateral while the borrower can choose to repay before the lender decides to seize the NFT. ### What are the current platform charges? Platform charges are fixed at 5% on the interest due. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.nordfinance.io/nft-loans-v1/nord-nft-loan-faq.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.