---
title: "Create Loan From Transactions"
method: POST
path: "/1.0/createLoanFromTransactions"
tags: ["Loan"]
---

# Create Loan From Transactions

`POST /1.0/createLoanFromTransactions`

Use the Create Loan From Transactions endpoint to create a loan from multiple transactions. Buy Now, Pay Later: Post-purchase enables cardholders with the ability to turn eligible, settled transactions on credit and debit cards into an installment plan or loan. Loan subproducts configured for your installment loans product and are assigned a subproduct ID.

## Response `200`

Success

- object
  - `status_code` integer, nullable, required — The response status code. May return a string for some statuses.
  - `status` string, nullable, required — The condition of a process or response
  - `processing_time` number, float, nullable, required — The time elapsed in processing the transaction
  - `echo` object, nullable, required — A structure that contains transaction ID information
    - `transaction_id` string, nullable, required — An ID that represents an API transaction
    - `provider_timestamp` string, date-time, nullable, required — Store a related timestamp for reporting and troubleshooting purposes
    - `provider_transaction_id` string, nullable, required — Secondary transaction identifier (generated by a provider)
  - `system_timestamp` string, date-time, nullable, required — A system generated timestamp
  - `rtoken` string, nullable, required — A Galileo-generated ID used for tracking
  - `errors` string[] — A list of errors generated while the request was processed
  - `response_data` object, nullable, required — A structure for the response data. It can be empty but usually will contain information.
    - `loan_id` string, required — Unique identifier for the loan. Pattern: Max 30 characters Example: `"450825953"`.
    - `loan_apr` number, required — Annual percentage rate for interest charged on the loan. Calculated from the interest defined by the subproduct, the length of the loan, the origination fee (if applicable) and other fees (if applicable).
    - `loan_creation_date` string, date, required — Date that the loan was created. This may be different from `loan_start_date`.
    - `rate_type` 'fixed' | 'variable', required — Indicates whether the interest type is `FIXED` or `VARIABLE.
    - `origination_fee` number, required — Fee charged at loan creation. Returns 0 if there is no origination fee.
    - `late_fee` number, required — Late fee for the loan
    - `initial_projected_maturity_date` string, date, required — Projected date when the loan will be paid off. This date is calculated only when a loan is simulated or created and cannot be sent again.
    - `application_number` string, required — Unique identifier that you generate for the loan application. This identifier is associated with loan simulations. You can give this identifier to customers for customer service purposes.
    - `itemization_of_amount_financed` object
      - `loan_amount` number, required — Total loan amount borrowed by the customer. This is the sum of the `disbursed_amount`, `origination_fee`, and any other fees associated with the loan.
      - `disbursed_amount` number, required — Total loan amount disbursed to the customer
      - `projected_interest_amount` number, required — The total interest amount the borrower will be paying
      - `projected_fees_amount` number, required — Total fees that the customer is projected to pay over the course of the loan
    - `amortization_schedules` object[], required
      - `amort_installment_number` integer, required — The number of the installment
      - `amort_payment_due_date` string, date, required — Date that the payment for this installment is due
      - `amort_payment_amount` number, required — Total amount owed for this installment, including the principal amount,interest and fees
      - `amort_payment_principal` number, required — Amount owed on the principal loan for this installment
      - `amort_payment_fees` number, required — Fee amount that will be paid in each installment
      - `amort_payment_interest` number, required — Amount owed on the loan interest for this installment
      - `amort_payment_balance` number, required — Remaining balance after this installment is paid
    - `count_of_installments` integer, required — Number of installment scheduled
    - `installment_amount` number, required — Payment due at each installment. This is the same amount as `amort_payment_amount`.
    - `loan_start_date` string, date, required — Start date for the loan. This may be different from `loan_creation_date`.
    - `first_installment_due_date` string, date, required — Date the first installment is due

---

[API](https://skmtc.net/galileo-ft/apis/program-api.md) · [All operations](https://skmtc.net/galileo-ft/apis/program-api/llms.txt) · [OpenAPI document](https://skmtc-service-staging.skmtc.workers.dev/v1/apis/galileo-ft/program-api/revisions/bcd728f97a18/schema)