Log New Payment

This request allows you to log a new payment on a loan.

General

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:

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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 more information, see our API – Logging a Payment article on our help site.

And for an example on 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.prinicipalonly",
                    "cardTypeFee": "loan.cardfee.types.0",
                    "cardFeeAmount": 0,
                    "cardFeePercent": 0,
                    "__logOnly": true,
                    "payoffFlag": 0
               }
          ]
     }
}

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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—expand the object by clicking the "+" symbol and hit Try It to send the request.

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.

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