Target APR Using Interest

post https://loanpro.simnang.com/api/public/api/1/Loans()/RollAPR()

This request allows you to target an APR amount by changing a loan's interest.

   Click here to learn more about this request

LoanPro features a targeting tool that allows you to adjust interest to reach a specific APR. Here's what you need to know about this request:

  • The targeting tool can only be used on accounts that are not activated.
  • APR is calculated via a number of factors, but this tool will adjust the loan's interest rate to reach the desired APR.

For an example of how targeting APR works within the UI, take a look at our APR Targeting article.

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Pay special attention to the endpoint of this request.

This request does not use OData, so it's not included in the endpoint like most other LMS requests.

Database

For information on loan setup database tables, see the following articles:

{
    "apr": "24.87",
    "solve": "loan.rollAPR.loanRate"
}
Language
Authorization
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