Change statement date

This request changes a line of credit account's statement date.

   Click here to learn more about this request

Each billing cycle has an associated statement date. If necessary, statement dates can be changed. Note the following when using this request:

This request changes the date on which statements come due moving forward. Making this change will have a lasting effect on subsequent billing periods as well. For example, moving a statement date to the 15th day of the current month will ensure that all statement dates moving forward will land on the 15th of future months.

This endpoint has two capabilities: changing due dates and changing statement dates. These two actions are separate from each other, and determining which action you'd like to make is achieved with the type field within the payload. For information on how to change a statement date, see Change account due date ↗

Statement date changes take effect on the apply date. The system will verify which period the apply date is in and change the statement date that's associated with that period.

Changing a statement date does not also change the account due date. Due dates must be changed manually.

Here's an example of how changing a statement date affects the account:


ℹ️

This request interacts with Compliance Guardrails.

Compliance Guardrails are a LoanPro feature that helps ensure actions taken on accounts are done so compliantly with lending laws. Once configured, these guardrails are applied to a line of credit program, ensuring all accounts within that program adhere to the same compliance standards.

Guardrails are configurable, allowing you to set rule criteria for which accounts should either result in a warning or an error. If your request attempt is flagged by a guardrail, a 409 response code is returned along with one of the following responses:

{
    "error": {
        "message": "",
        "type": "GuardrailEvaluationException",
        "code": 409
    },
    "warnings": [
        "<p>CARD Act Warning: This is a configurable warning message.</p>"
    ]
}
{
    "error": {
        "message": "CARD Act Compliance: This is a configurable error message.",
        "type": "GuardrailEvaluationException",
        "code": 409
    }
}

Guardrail flags can be ignored for testing purposes by adding "ignoreGuardrailWarnings": true to the payload of this request.

Database

For more information regarding due date database tables, see the following articles:

{
     "lineOfCreditId": 8382,
     "info": "Due Date Change",
     "type": "lineOfCreditChangeStatementDueChange.type.statementChanged",
     "applyDate": "2023-02-01",
     "newDate": "2023-02-05",
     "ignoreGuardrailWarnings": false
}
Language
Credentials
Click Try It! to start a request and see the response here!