# Canceling Offers

Lenders can cancel offers directly on the Lender Dashboard by clicking the "Cancel" button next to their active offers.&#x20;

![](/files/ZIY0FujDwkSleaBmhrtb)

Once a lender has clicked "Cancel," the lender must approve a transaction to update the offer as cancelled.&#x20;

Once an offer is cancelled, it *cannot* be used by a borrower.


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