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/...

You can find the header ID and the contract version by calling the find person contracts API endpoint.

Sample API call

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

https://loan-api.sandbox.tuumplatform.com/api/v2/contracts/{headerId}/versions/{versionId}/default

See more about the default loan contract endpoint in the Tuum developer portal.

Sample request

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

JSON

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

cURL

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.