Update a payment status

Once a payment is logged on a line of credit account, its status in LoanPro can be updated to reflect its real-world processing status. Note the following when using this request:

This request is only necessary for users who are processing and handling payments outside of LoanPro and Secure Payments. Payments that are processed by Secure Payments are automatically updated within LoanPro as their status changes.

This request potentially affects the balance of the line of credit account. The status of a payment determines whether it is considered when calculating account balances. Payments that have one of the following statuses will be considered in account calculations:

• Active
• Pending
• Settled

Updating a payment's status will create a new payment record. The new record is associated to the original record, and the original record is deactivated. Additionally, a deactivated payment record is removed from view on the account's ledger. However, deactivated records can be retrieved by sending a GET request to the following endpoint with the provided query parameters:

/odata.svc/LineOfCreditPayments?$filter=active eq 0

/odata.svc/LineOfCreditPayments?$filter=entityId eq {{line-of-credit-id}} and active eq 1

Database

For information regarding Line of Credit and Payment database tables, see the following articles:

• Database – Line of Credit Payments (line_of_credit_payment_entity)
• Database – Line of Credit Payment Type (line_of_credit_payment_type_entity)
• Database – Line of Credit Account (line_of_credit_entity)

{
    "status": "lineOfCredit.transactionStatus.settled"
}