Deleting a Loan
Sometimes you may want to delete a loan entirely. Before you do so, it's necessary to remove any payments or investments in that loan to make sure any distributions or investor balances remain accurate.
To delete a loan:
Navigate to the Payments tab within the loan
Delete all payments
Navigate to the Funding tab within the loan
In the History section, delete any Transfers or Funding
Navigate to the General tab and click the blue action button in the top-right hand corner of the screen
Click Delete
Deleting an Archived Loan
Step 1: Restore the archived loan
Navigate to Reports
Click on the Archived Loans report
Find your loan
Click the "..." menu on the loan card
Choose Restore
Step 2: Delete all payments and funding
Before deleting the loan, you must remove any payments or investments:
On the Payments tab, delete all payments
On the Funding tab, in the History section, delete any Transfers or Funding
Step 3: Delete the loan
Once payments and funding are removed, navigate to the General tab, hit the blue action button on the top right corner, then hit delete.
Remember that deleting permanently removes the loan from our system. This should only be done if you want to erase all record of the loan.