# Canceling Offers

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

![](https://3101901544-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fai9iiM3lynt9siXMc0yj%2Fuploads%2FLRYHwuSTf9X7lqqfRAom%2Fimage.png?alt=media\&token=26ce33c8-d6a3-4603-a9cf-06b810668a6c)

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

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