Reset Configurable Payment Schedules

A configurable payment schedule allows lenders to change payment schedules in separate payment periods. For example, a lender may want to offer 5% interest on the first three periods of a loan, but then 15% for the remainder of the loan:

• Configurable payment schedules can only be made on accounts that are not activated.
• This request removes a configurable payment schedule and resets a loan to its original loan terms.

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Pay special attention to the endpoint of this request.

This request does not use OData, so it's not included in the endpoint like most other LMS requests.

For an example of how configurable payment schedules work within the UI, take a look at our Create a Configurable Payment Schedule article.

Database

For information on configurable payment schedule database tables, see the following articles:

• Database – Loan Schedule Roll Entity (loan_schedule_roll_entity)
• Database – Schedule Roll Template (schedule_roll_template_entity)

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Try It Instructions

Our requests often provide sample payload information so that you can receive a 200 response from simply hitting the Try It button. This request is ready for you—hit Try It to send the request.

However, 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.