No, JPG Store does not currently support extending or refinancing active loans. Once a loan is accepted, the terms (including duration and repayment amount) are fixed and cannot be changed.
If the loan is not repaid by the time it expires, the borrower will permanently lose ownership of the NFT used as collateral. It will be transferred to the lender, and this action is not reversible.
What are my options?
If you’re approaching the loan expiry date and want to avoid losing your NFT, your only option is to repay the loan in full before the deadline.
Here are a few ways to obtain ADA if you don’t currently have enough to repay:
Accept a collection offer for another NFT in your wallet
Sell an NFT directly via JPG Store's marketplace
Buy ADA with Onramper
Important tips for repayment
We strongly recommend repaying your loan well before the expiry time to avoid any unexpected issues such as:
Blockchain congestion or slow transaction confirmations
Wallet connectivity or transaction signing problems
Errors caused by low wallet balance or incorrect transaction setup
Leaving repayment to the last minute increases the risk of losing your NFT.
What’s Next?
Make sure you understand how loan terms work and plan accordingly to protect your assets.
