# Loans

Borrow against your collectibles or lend USDC against them, peer to peer.

Page: https://vollector.id/docs/loans

With **Loans** at [/l](https://vollector.id/l) you can put your collectibles to work without selling them. It is a peer-to-peer lending market, with no oracles involved. You deal directly with the other side.

If you want to borrow, you lock a tokenized collectible as collateral and take a loan in stablecoins against it. If you want to lend, you create an offer setting the principal in USDC, the APR, and the duration, and you earn interest backed by real collateral. If a loan is not repaid by the end of its term, the collateral goes to the lender.

You can track every loan you have opened or funded from the same page, including active positions and the ones that are due.