# Loan Rollovers & Rollover Termination

## What is Automatic Rollover?

With **Automatic  Rollover** the principal and interest from one loan is automatically compounded and rolled over into a new loan in the next Loan Cycle. The rollover loan will commence on the Roll Date, which coincides with the Maturity Date for the previous loan cycle. 

In this way, Lenders can continue to reinvest their principal and interest automatically for as long as they'd like too. If a Lender does not provide a **Rollover Termination Notice** via the Platform, the principal and interest on the loan(s) will compound and automatically be rolled over into a new 28-day secured loan with the same collateral type. 

{% hint style="info" %}
By default, all loans have Automatic Loan Rollover set to **YES**. 
{% endhint %}

{% hint style="info" %}
Loan Rollover can be terminated for loans in part or in whole. This means Lenders can choose to receive some or all of their principal and accrued interest at maturity.
{% endhint %}

## Issuing a Rollover Termination Notice

If a Lender would like to to terminate Automatic Loan Rollover, they should submit a **Rollover Termination Notice** via the Platform at least two (2) business days before the Loan Maturity Date.

### User Guide - Rollover Termination Notice

{% embed url="<https://scribehow.com/embed/Terminating_automatic_rollover__ORzIeEqkREOJtghQ0ig61A?removeLogo=true>" %}

The principal and interest for the portion of the loan that has been terminated can be withdrawn by the Lender on the [Payment Date](/stablecoin-yield/stablecoin-yield-vaults/fixed-term-us-treasury-bill-vaults/fixed-term-vault-mechanics.md#transfer-out-window-and-payment-date) by clicking "Withdraw USDC" and approving the transaction from your whitelisted wallet. After approving, vault tokens will be redeemed and the USDC will be sent to your whitelisted wallet.&#x20;

### Video Demonstration - Issuing a Rollover Termination

{% embed url="<https://youtu.be/dviceb6WG6Q>" %}


---

# 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.opentrade.io/stablecoin-yield/stablecoin-yield-vaults/fixed-term-us-treasury-bill-vaults/loan-rollovers-and-rollover-termination.md?ask=<question>
```

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.