Loan repayments

Loan repayments

Use case - refinancing to reduce monthly commitments

Loan repayments can feel like a burden on finances when the gap between left over money and loan repayments closes. Identify when someone has multiple loans that can be consolidated into one manageable payment or spread the cost of an existing loan by refinancing a longer term to reduce the monthly repayments.

Loan repayment examples


APIs used

Loan transactions:
GET v1/loans (Loans transactions endpoint)

Category totals:
GET aggregations/v2/totals/categories(Category totals V2 endpoint)

Tip: combine loan data with your affordability score to pre-approve refinanced loan applications.