post https://loanpro.simnang.com/api/public/api/1/odata.svc/LineOfCreditInterestRateAdjustments
This request logs an interest rate adjustment on a line of credit account.
Interest rate adjustments change the interest rate on a line of credit account. Note the following when using this request:
The Bucket selected in thebucketId parameter must be the primary Bucket on the account.
The date parameter acts as an apply date. The new interest rate will kick in on this date.
Interest rate adjustments cannot be applied before the account's open date and cannot be applied in previous billing cycles.
Database
For information regarding Line of Credit database tables, see the following articles:
Database – Line of Credit Interest Rate Adjustment (line_of_credit_interest_rate_adjustment_entity
Database – Line of Credit Account (line_of_credit_entity)
{
"lineOfCreditId": 938289,
"bucketId": 1,
"date": "2023-10-30",
"title": "Interest Rate Increase",
"newRate": 24.99,
"ignoreGuardrailWarnings": false
}