Remove Collateral

This request removes collateral from a loan.

General

Many lenders use collateral to secure their loans. Here's what you need to know about this request:

  • The Collateral object is nested within the Loans entity.
  • Up to 50 items can be collateralized on a single loan. Loans can also have no collateral.

For an example of how collateral works within the UI, take a look at our Add Collateral Information article.

Database

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

{
    "Collateral": {
        "results": [
            {
                "__destroy": true,
                "__id": 853
            }
        ]
    }
}

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Try It Instructions

Our pages often provide sample payload information so that you can try requests yourself. Since this request removes something, we have not included sample information.

If you would like to try this request with your own tenant account, make sure to change the headers to match your own authentication information.

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Click Try It! to start a request and see the response here!