Remove Collateral

This request removes collateral from a loan.

   Click here to learn more about this request

Many lenders use collateral to secure their loans:

• The Collateral object is nested within the Loans entity.
• Up to 50 items can be collateralized on a single loan. Loans can also have no collateral.

For an example of how collateral works within the UI, take a look at our Add Collateral Information article.

Database

For information on collateral database tables, see the following articles:

• Database – Collateral Entity (collateral_entity)
• Database – Collateral Field Entity (collateral_field_entity)

Sample Payload

{
    "Collateral": {
        "results": [
            {
                "__destroy": true,
                "__id": 853
            }
        ]
    }
}