A loan is money, property or other material goods given to another party in exchange for future repayment of the loan value amount, along with interest or other finance charges. A loan may be for a specific, one-time amount or can be available as an open-ended line of credit up to a specified limit or ceiling amount.
The loan entity in the Credit API represents the contract established between the borrower (Merchant) and Stone (and a partner financial institution).
{
"id": "jpqzpjhegj4m8y2fb62hnbjvz",
"creditLineId": "jpqzpj89yevm49vbrheyvghtk",
"financialInstitution": {
"id": 1,
"name": "BMP Money Plus"
},
"externalCode": "aeb2bfcc-d6a5-4cac-8815-0bbaa5acac0c",
"contractUri": "https://bmpteste.moneyp.com.br/reportscustom/stone/imprimirccb.aspx?code=aeb2bfcc-d6a5-4cac-8815-0bbaa5acac0c",
"contractDueDate": "2020-02-21T18:27:57",
"expirationDate": "2019-05-24T04:27:57",
"maximumDisbursementDate": "2019-05-24T18:27:57",
"borrowerId": "jpqzpj3vt4br9r49pf9baahb8",
"creditAmount": 1000,
"interestRate": 5.99,
"creationDate": "2019-05-23T18:27:57",
"status": "Processed",
"retentionRate": 3.29,
"totalEffectiveCostRate": 6.48,
"monthlyTotalEffectiveCostRate": 6.48,
"annualTotalEffectiveCostRate": 112.36,
"operationFeeAmount": 10,
"taxAmount": 11.3
}