Edit charge

Lenders use charges to include additional amounts to a loan. Charges are most commonly used to deter borrowers from making late payments. Note the following when using this request:

A charge can only be edited one time. Once a charge has been edited, it is inactivated.

Edited charges require an editComment field. This field is used to describe why the edit was made.

Editing a charge is different from reversing a charge. You can reverse a charge with a specific payload, and we've listed that payload in the payload examples.

For an example of how charges work within the UI, take a look at our Charges Overview article on our help site.

Database

For information regarding charges database tables, see the following articles:

Database – Charges Table (charge_entity)

Database – Default Charges (defaults_charges)

Database – Recurring Charge Entity (recurring_charge_entity)

{
     "Charges": {
          "results": [
               {
                    "displayId": 7332,
                    "info": "Change Due Date Fee",
                    "date": "2023-01-01",
                    "priorcutoff": false,
                    "amount": 12,
                    "chargeTypeId": 1,
                    "paidAmount": 0,
                    "paidPercent": 0,
                    "chargeApplicationType": "loan.latefeeapp.standard",
                    "interestBearing": 1,
                    "active": 1,
                    "__update": true,
                    "__id": 2674,
                    "editComment": "Clerical Error"
               }
          ]
     }
}

{
    "Charges": {
        "results": [
            {
                "editComment": "Fee Forgiveness Program",
                "active": 0,
                "isReversal": 1,
                "__update": true,
                "__id": 211
            }
        ]
    }
}