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Request new payment rails

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PUT /Loan/{Id}/FundingInfo

Use this call to add new payment rails for a particular loan. This API call replaces rails that haven't been successfully funded.

Request URL
https:// .../Loan/{ld}/FundingInfo

You can use this call to:

Funds can be sent as one net sum or in multiple disbursements. Arix automatically calculates the sum of the loan and adjusts the amount down (if necessary) so that no funds that exceed the approved loan amount are sent.

For detailed reference information on the loan attributes, see Loan attributes and parameters.

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Important

When you send a PUT call to update loan information, already processed rails and rails that are in the process of being funded aren't affected.

Sample request in JSON - PUT /Loan/{Id}/FundingInfo

In this sample request, we used this API to request one disbursement of $7,000 using the RPPS rail.

{
    "FundingInfoUpdate": {
        "Rails": [
            {
                "RailType": "RPPS",
                "Priority": 1,
                "Amount": 7000,
                "RPPSFields": {
                    "BillerID": "132654654632135423452",
                    "BillerName": "Anita Loan",
                    "ConsumerNameAtBiller": "TestNameAtBiller",
                    "ConsumerAccountNumberAtBiller": "5454546498195454"
                }
            }
        ]
    }
}

Sample response in JSON - PUT /Loan/{Id}/FundingInfo

"Rails": [
    {
        "RPPSFields": {
            "BillerID": "132654654632135423452",
            "BillerName": "Anita Loan",
            "ConsumerNameAtBiller": "TestNameAtBiller",
            "ConsumerAccountNumberAtBiller": "5454543427795454"
        },
        "Id": "a974ce4a-e7b3-4310-bc2b-ac6900e79b1a",
        "RailType": "RPPS",
        "Priority": 1,
        "Amount": 7000,
        "LoanId": "ca485557-20c3-4a5b-b123-ac6900da4728",
        "MPLId": "TST",
        "IsFailed": false,
        "LoanType": "Undefined"
    }
]

Updated 6 months ago