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Default loan contract

Use case

In this article we will review how to default a loan contract.

Use case data

API parameters with values

The loan contract header ID is ID-1664282427 and the contract version is ID-1664282427.

...v2/contracts/ID-1664282427/versions/ID-1664282427/...

Sample API call

To default the loan contract, make the following API call.

Sample request

Below is an example request body of the API call for defaulting the loan contract.

{
  "reasonCode": "PERMANENT_INSOLVENCY",
  "comment": "Free form description"
}

curl --location 'https://loan-api.sandbox.tuumplatform.com/api/v2/contracts/ID-1664282427/versions/ID-1664282427/default' \
--header 'x-channel-code: SYSTEM' \
--header 'x-auth-token: eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJleHBpcnlEVGltZSI6IjIwMjMtMDgtMDhUMDg6Mzg6MjgiLCJyb2xlcyI6WyJBRE1JTiJdLCJuYW1lIjoiSm9obiBPZmZpY2VyIiwiZW1wbG95ZWVJZCI6IjEiLCJ0ZW5hbnRDb2RlIjoiTUIiLCJleHAiOjE2OTE0ODM5MDh9.5DysSjt0zhdQCaXUOiEZxRfO8sW6loVJRQYSbTLihkQ' \
--header 'Content-Type: application/json' \
--data '{
  "reasonCode": "PERMANENT_INSOLVENCY",
  "comment": "Free form description"
}'

Sample response

Below you find an example response body to the API call above.

Response

{
    "errors": null,
    "validationErrors": null,
    "data": null
}

Result

The contract with the number SM-1000 is set to the DEFAULT status.