This request logs a new payment on a loan.
Click here to learn more about this request
There are two types of payments that LoanPro handles: logged and logged and processed. They differ from each other slightly, and here's a breakdown of what a logged payment is:
This request will only log a payment
Logged payments are those that are processed externally from LoanPro. In other words, a transfer of money was made, but LoanPro was not directly involved in the transfer. This request will not pull any money from a card or an account, but it will create a record of a transaction where money was exchanged and, if desired, update the loan's values to reflect the transaction. This type of payment applies to situations like the following:
- A borrower pays in cash
- A borrower pays with a check/money order
- A borrower pays with a card, but the card transaction is processed outside of LoanPro's LMS
For an example of how logging payments works within the UI, take a look at our Log a Payment article.
Database
For information on payment database tables, see the following articles:
{
"Payments": {
"results": [
{
"selectedProcessor": 0,
"paymentMethodId": 1,
"early": 0,
"amount": 109.19,
"date": "2022-01-01",
"info": "ReadMe API Test",
"paymentTypeId": 1,
"active": 1,
"resetPastDue": false,
"payoffPayment": false,
"_saveProfile": false,
"extra": "payment.extra.periods.principalonly",
"cardTypeFee": "loan.cardfee.types.0",
"cardFeeAmount": 0,
"cardFeePercent": 0,
"__logOnly": true,
"payoffFlag": 0
}
]
}
}