> For the complete documentation index, see [llms.txt](https://docs.lendbit.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.lendbit.finance/frequently-asked-questions-faq/borrowing-related-questions.md).

# Borrowing-related Questions

1. **How do I borrow on LENDBIT?**
   * First, you must deposit the required collateral in the form of supported assets. Then, create a borrow order with your desired loan amount, interest rate, and duration. The platform will automatically match you with available lending pools.
2. **What happens if my loan’s health factor drops?**
   * If your loan’s health factor drops below a certain threshold, the platform may initiate collateral liquidation to cover the loan. It is important to maintain a healthy LTV ratio to avoid liquidation.
3. **Can I repay my loan early?**
   * Yes, you can repay your loan early at any time, reducing the total interest owed.
4. **What collateral can I use?**
   * Currently, Sepolia ETH is the supported collateral. More assets will be added in future updates.