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Create a LOC application

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Create a LOC application

POST https://sandbox-api.naol.com/v1/users/{user_id}/loc/applications

Returns the loc application object if successful. Returns an error if create parameters are invalid (e.g. omitting amount).

Path Parameters

Name
Type
Description

user_id*

string

The uuid of the user

Request Body

Name
Type
Description

decision

enum

The decision of the LOC application. If using Onbo's decisioning engine, omit this field. Possible values: approved, rejected

reasons

String

A list of reasons for rejecting a LOC application, which is required when decision is set to rejected.

A reason is an enum. See Reject Reasons for a list of possible values.

amount*

float

The principal amount of the LOC application, in XAF

offers

array

A list of objects, where each object represents the terms of a LOC offer. An offer is structured as follows:

{ "apr": float, "amount": float, "term": int, "term_frequency": string, "interest_rate": float, "origination_fee": float }

If using Mansar's decisioning engine, omit this.

{
    "uuid": "05e7e541-95b0-4294-8374-9f341f1ae857",
    "product": "BUILD_CREDIT",
    "amount": 25000.0,
    "term": null,
    "purpose": null,
    "details": null,
    "credit_score_consent": false,
    "created_at": "2024-05-19 11:28:45 WAT",
    "credit_report_id": 570,
    "offers": [
        {
            "uuid": "b94bc34a-add6-4756-839e-322e357ef307",
            "product": "BUILD_CREDIT",
            "apr": 0.0,
            "amount": 25000.0,
            "term": null,
            "term_frequency": "MONTHLY",
            "interest_rate": 0.0,
            "origination_fee": 0.0,
            "interest_only_period": null,
            "interest_only_installment": null,
            "interest_amount": null,
            "installment": null,
            "start_date": "2024-05-19",
            "explanation": null,
            "maturity_date": null
        }
    ],
    "status": {
        "decision": "APPROVED",
        "details": null
    }
}

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