Remove a Credit

This request allows you to remove a credit from an account.

   Click here to learn more about this request

Credits are used when a lender decides to forgive a portion of a borrower's loan. Many credits are used as promotional incentives or relief:

  • This request will remove an existing credit. Removing a credit will update the loan's balance.
  • A credit differs from an advancement. Credits function similar to payments, and they affect loan calculations. An advancement simply increases a loan's principal balance.
  • Credits apply to the portions of a loan in the order that is determined by the paymentType in the payload.

For an example of how credits work within the UI, take a look at our Log an Advancement/Credit article on our help site.


For information on credits database tables, see the following articles:

    "Credits": {
        "results": [
                "__id": 372,
                "__destroy": true
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