Adjustment Action parameters
You can update the loan information after a loan was funded (or partially funded). Update the relevant parameters from the list below. Any loan funding information that you changed, shows with the word Adjusted before it.
| Attribute | Description |
|---|---|
| AdjustmentActionType LoanAdjustmentAction | Type of update made to the loan. Required |
| ActionAmount decimal | Dollar amount of the change to the loan. Required |
| Description string | Description of the reason for the loan adjustment. 1 - 30 characters. Required |
| UpdatedBy string | By whom the information was updated. Optional |
| UpdatedOn string | Date/time the information was updated. Optional |
| LoanId string | Unique identifier of the loan. Optional |
| AdjustedLoanAmount decimal or null | Adjusted gross dollar amount requested. Optional |
| AdjustedNetFunding decimal or null | Adjusted net dollar amount to fund. Optional |
| AdjustedOriginationFee decimal or null | Adjusted charge to the borrower for the loan. Optional |
| AdjustedCurrentMonthlyPayment decimal or null | Adjusted monthly payment amount. Optional |
| AdjustedMerchantFee decimal or null | Adjusted merchant fee. Optional |
| AdjustedFinalPaymentDate DateTime or null | Adjusted date due for final loan payment. The format must be: yyyy-mm-dd. Optional |
| AdjustedFinalPayment decimal or null | Adjusted dollar amount of final payment. Optional |
| AdjustedFinanceCharge decimal or null | Adjusted finance charge paid by the borrower. Optional |
| AdjustedTotalPayments decimal or null | Adjusted total paid by the borrower after all the payments have been made. Optional |
| AdjustedAPR decimal or null | Adjusted annual percentage interest rate, as a percent. Optional |
Updated almost 2 years ago