Loan object

A loan is an object that lives under an entity, at the same level as a bank account. Just like entities can have multiple bank accounts, entities can have multiple loans. Loans are the foundation for many lending-oriented use cases such as charge cards and term loans. Read more.

Object Parameters

allow_overpayment

boolean

Indicates if a loan is able to be overpaid and have a principal_outstanding of less than $0. If false, payments that would result in a loan having a negative balance will be blocked.

auto_sell

boolean

Indicates if seasoned principals/interests should be automatically sold to your platform. Default: the value in the loan program.

balances

object

The loan balances.

interest_paid

string

Total paid interest in cents belonging to Column and your platform.

interest_receivable

string

Total outstanding interest receivable in cents for principal belonging to Column and your platform.

principal_charged_off

string

The charged-off principal receivable.

principal_holding

string

The principal receivable of the loan which is in a holding state.

principal_outstanding

string

Total outstanding principal receivable in cents belonging to Column and your platform.

principal_paid

string

The principal receivable of the loan which has been paid belonging to Column and your platform.

retained_interest_paid

string

Total paid interest in cents belonging to Column.

retained_interest_receivable

string

Total outstanding interest receivable in cents for principal belonging to Column.

retained_principal_charged_off

string

The charged-off principal receivable belonging to Column.

retained_principal_outstanding

string

Total outstanding principal receivable in cents belonging to Column.

retained_principal_paid

string

Total paid principal receivable in cents belonging to Column.

servicing_fee_payable

string

Total outstanding servicing fee payable in cents to your platform.

canceled_at

date-time

The timestamp the loan was canceled at. Returns null when not applicable.

charged_off_at

date-time

The timestamp the loan was charged off. Returns null when not applicable.

created_at

date-time

The timestamp the loan was created

currency

string

The currency of the loan. Currently only USD is supported.

delinquent_at

date-time

The timestamp the loan was marked as delinquent. Returns null when not applicable.

description

string

The description of the loan in the Column dashboard

disputed_at

date-time

The timestamp the loan was marked as disputed. Returns null when not applicable.

id

string

The ID of the loan object

interest_config_id

string

ID of the interest configuration used to accrue interest receivable daily. The same interest configuration can be shared across multiple loans.

is_business_seasoning_days

boolean

Indicates if seasoning_days are business days or calendar days.

is_revolving

boolean

Indicates whether or not the loan is revolving. If true the loan can have multiple disbursements.

loan_program_id

string

ID of the loan program for this loan.

maturity_date

string

The maturity date of the loan. It is required if the loan is not revolving.

max_principal_balance

integer

The max principal balance of the loan in cents. This is akin to a credit limit. Disbursements will fail if the resulting principal will be above the max principal.

paid_off_at

date-time

The timestamp the loan is marked as paid off. Returns null when not applicable.

primary_signer_entity_id

string

The Column entity_id which the loan is related to

retained_by_column

boolean

Indicates if this loan should be retained by Column. Loans retained by Column are not eligible for your platform to purchase.

seasoning_days

integer

Number of days principal receivables will be seasoned.

status

string

The current status of the loan. Possible values: current, delinquent, charged_off, in_dispute, canceled, paid_off