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v1

latestOpenAPI 3.0.32026-07-2621102.1 MB
Loan

Update Loan Status

Use the Update Loan Status to set a loan to charge-off status. In the future, this supports scenarios like bankruptcy.

For optional parameters, do not pass an empty string or null value.

post/1.0/updateLoanStatus

Response

Success

status_codeinteger nullable required

The response status code. May return a string for some statuses.

statusstring nullable required

The condition of a process or response

processing_timenumber float nullable required

The time elapsed in processing the transaction

system_timestampstring date-time nullable required

A system generated timestamp

rtokenstring nullable required

A Galileo-generated ID used for tracking

errorsstring[]

A list of errors generated while the request was processed

Example response

{
  "response_data": {
    "loan_status": "charge_off",
    "loan_id": "450825953",
    "loan_balance": 10000,
    "total_charge_off_amount": 10000
  }
}