LoanSetup object is nested within the
Loans entity, and it holds loan information such as loan amount, interest rate, term, and more. Here's what you need to know about this request:
- The values in
LoanSetupdirectly affect how a loan is calculated.
- Due to this, you cannot update these values if the loan is activatedactivated - Activating an account will cause the calculations on the loan to take into account actual dates and payment history. An account that hasn’t been activated exists in an abstract piece of time with no sense of past or future..
For more information on this topic and examples of how it works within the UI, take a look at our Setup Terms article.
For information on loan database tables, see the following articles:
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.