Remove collateral

Many lenders use collateral to secure their loans. Note the following when making 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 Collateral and insurance tracking article.

Database

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

Database – Collateral Entity (collateral_entity)

Database – Collateral Field Entity (collateral_field_entity)

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