Waive an interest payment

An interest-payment waiver targets the interest component of a scheduled obligation. Use it when policy forgives interest due in a named period, not an undifferentiated amount of accrued interest.

One installment's interest

CommandPOST /v1/loans/{loanId}/transactions?command=interestPaymentWaiver

Case contextRequired on human calls

ApprovalMaker-checker, for backdated or large waivers

Ledger effectNon-cash; principal is untouched

UndoNone — corrected by a new governed action

One obligation, one component

1. Schedule readnever display position aloneautomatic
2. Obligation selectedby transactionDateautomatic
3. Interest waived$88.06 becomes $44.03automatic
4. Targets recalculatedautopay to $473.11, if unsubmittedautomatic

Harbor’s second installment

In the regular-period Harbor illustration, the October 12 payment contains $429.08 principal and $88.06 interest. An approved 50% waiver targets $44.03.

Component	Before	Waived	After
Principal due	$429.08	$0.00	$429.08
Interest due	$88.06	$44.03	$44.03
Installment due	$517.14	$44.03	$473.11

The date selects the obligation

The amounts come from the schedule read: GET /v1/loans/{loanId}?associations=repaymentSchedule,transactions.

curl -X POST "$BASE/v1/loans/7204/transactions?command=interestPaymentWaiver" \
  -H "Authorization: Bearer $TOKEN" \
  -H "LendEasy-Tenant: demo-lender" \
  -H "LendEasy-Case: case_HBR_SERVICE_12" \
  -H "Content-Type: application/json" \
  -H "Idempotency-Key: hbr-ipw-2026-10-12" \
  -d '{
    "transactionDate": "2026-10-12",
    "transactionAmount": 44.03,
    "note": "Documented service recovery; 50% of October interest.",
    "dateFormat": "yyyy-MM-dd",
    "locale": "en"
  }'

{
  "officeId": 1,
  "clientId": 412,
  "loanId": 7204,
  "resourceId": 30421,
  "changes": {
    "transactionDate": "2026-10-12",
    "transactionAmount": 44.03
  }
}

The execution writes a governance record.

When not to use it

• Use waive accrued interest for a balance not tied to one scheduled obligation.
• Use goodwill credit for a lender-funded credit that is not specifically interest forgiveness.
• Use reschedule when the due date or broader terms should change.

Guardrails

The targeted obligation must have eligible outstanding interest, not fully satisfied or superseded; the waiver cannot exceed that component. Backdated execution replays later transactions—re-read the schedule for changed allocations.

Notices, autopay, and statements

A payment already in flight is not resized silently. A statement already completed stays unchanged; a corrected or superseding statement follows statement policy.

The transaction records components, not a total

The waiver transaction records original interest, waived amount, and remaining interest by component; the governance record ties it to the case, actor, and route; the case holds the reason, approval, and customer-notice reference.

The waiver is corrected, never edited

An erroneous waiver is corrected by a new governed action agreed in the case; the original transaction, its governance record, and any customer notice already sent all stay in evidence.