Overview
Benefits
Instant credit decision
Straight forward decision
APR and credit limit
Requesting eligibility decision
id
and we map it with the product information stored to check for the applicant's eligibility for the product. It provides the following response:- 1
quoteAccept
The applicant is approved to apply for NewDay credit.
-downsell
An eligibility check has been completed and the applicant has been accepted for the downsell rate.- If no substate is returned, an eligibility check has been completed and the applicant has been accepted for the headline rate.The downsell rate is higher than the headline rate and provided to applicants that have passed our eligibility criteria, but did not qualify for the headline rate.
The headline rate is the marketed rate for the NewDay product. These privileges are entirely optional and are not always allowed to the applicant, even when they are accepted or referred for NewDay credit.
-Next steps: Applicant continues to decision. Tip: Display eligibility approved decision message.
refer
Applicant has been accepted for the headline rate but is likely to be referred following the decision call.
-referDownsell
Applicant has been accepted for the downsell rate but is likely to be referred following the decision call.-Next steps: Applicant continues to decision. Tip: Display referred decision message.
complexRefer
NewDay is unable to complete an eligibility check due to a technical error.The following snippet explains a successful eligibility check:Display message to instruct applicant to try again in 24 hours.
Javascript
1200 OK 2 Content-Type: application/json 3 4 { 5 "state": "quoteAccept", 6 "subState": "complexRefer", 7 "creditLimit": ..., 8 "apr": ..., 9 "customerRef": ..., 10 "documents": [ "{documentType1}", "{documentTypeN}" ] 11 }
- 2
quoteDecline
The application for availing credit is rejected.
-dupeApplication
An eligibility check has been completed and the applicant has been declined because they already have a live application.- If no substate has been returned An eligibility check has been completed and the applicant has been declined. This wil have no impact to their credit file.Display a message relating to this state.
Display generic eligibility Decline decision message.
- 3
complex
An unexpected problem has occurred, and it has not been possible to progress the current application.The customer can re-try at any time.
The Annual Percentage Rate (APR) of the specific NewDay product will be mentioned in the response.