Loan actions
Record a cession
Record that the loan was sold: one cut-off date, and everything yours stops at it.
POST
A cession records that the Loan left your book on the cut-off — the one date the body states. The Loan reports
ceded from it; charging, quoting and every further fact stop at it; and the debt goes on being owed, to somebody else. Selling a loan carries what stops, what the cut-off may not be, and what running the sale leaves to you.
The body names no buyer and no price: the Platform models no assignee. A counterparty you want on record goes in context.
Path parameters
string
required
The Tenancy acting.
string
required
The Loan. Another Tenancy’s and one that never existed are both
404.Body
string
required
The cut-off: the day the Loan stopped being yours to service. Yours to state, never read from a clock.
string
required
Your name for the act, in the one act namespace of the Tenancy.
string
required
Whoever acted, your own reference.
string
required
Why, in your words.
object
Stored, echoed beside the fact, read by nothing — where the deal and the buyer go, if you want them on record.
Response
201 with the whole Loan: state reads ceded, and the listing row carries ceded_on beside it. Retry 200; a differing body under the recorded reference, 409 reference_reused.
While the cession stands it is the only fact the Loan admits retracting; money reported against the Loan after the cut-off’s value date is refused 409 cession_in_force.
Refusals
A
written_off Loan is ordinary to sell — a sold book is mostly a charged-off book. The Loan reads ceded, the write-off stays among its facts, and its cost goes on being reported.