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How do I repay my outstanding balance?

To repay your outstanding balance, navigate to your Portfolio Line of Credit summary in your dashboard and press “Repay now”

All deposits to the investment account associated with your Portfolio Line of Credit, including recurring deposits, will be applied to your outstanding balance before being invested. You can also liquidate securities in order to repay your outstanding balance.

Example:

In this example, a client deposits $50,000 into ‘My Investment Account’ while he/she has a balance in his/her Portfolio Line of Credit

 

Before Payment

After Payment

'My Investment Account' balance

$150,000

$175,000

Portfolio Line of Credit balance

$25,000

$0

Disclosure

All investing involves risk, including the loss of your principal investment(s), and past performance does not guarantee future results. Margin lending can add to these risks, and investors should carefully review those risks as part of their overall financial strategy. Diversification strategies do not guarantee a profit or protect against loss in declining markets. Learn more about Portfolio Line of Credit in the Margin Handbook.

Financial advisory services are offered by Wealthfront, Inc., an SEC-registered investment adviser. Brokerage products and services are offered by Wealthfront Brokerage Corporation, member FINRA / SIPC, and a wholly-owned subsidiary of Wealthfront, Inc.

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