Loans with all statuses are displayed on Loan Management Workplaces

Loan statuses change according to Loan Status Flow.

Status ID	Status name (system)	Status name (displayed)	Description	Workplaces where loans with this status are shown	Final Status
0	PreOrigination	-	Loan is created	-
1	Origination	Origination	Not all required customer details are gathered.	Origination
2	Reprocessing	Reprocessing	A loan was returned for reprocessing by the Underwriter	Origination
3	AutoProcessing	Auto Processing	The system is currently processing the loan (requesting Credit Bureau, checking Business Rules and Scorecard)	-
4	WaitingForApproval	Waiting For Approval	A final decision cannot be made automatically and should be made by Underwriter	Underwriting
5	Approved	Approved	A final decision (system or manual) was to approve the loan.	Underwriting Servicing
6	Rejected	Rejected	The final decision (system or manual) was to reject the loan.	Underwriting Archive
7	Active	Active	The loan is disbursed to the customer.	Servicing Collateral (if collateral needs to be re-valuated)
8	PastDue	Past Due	There is a past due debt for this loan.	Servicing Collection Collateral (if collateral needs to be re-valuated)
9	Closed_Repaid	Repaid	The loan is fully repaid and closed.	Archive	+
10	Closed_WrittenOff	Written off	The loan was written-off by the system or manually and closed.	Archive	+
11	RolloverRequested	Rollover Requested	Customer requested to rollover the loan.	Servicing Collateral (if collateral needs to be re-valuated)
12	Collateral	Collateral	Loan's collateral needs to be added, valuated and approved	Collateral
13	DisbursementFailed	Disbursement Failed	Disbursement of the loan via a payment system is finished unsuccessfully.	Servicing Underwriting
14	DisbursementInProgress	Disbursement in Progress	Disbursement of the loan via a payment system is currently processing.	Servicing
15	Closed_Restructured	Restructured	The loan is restructured and closed.	Archive	+
16	P2P_GatheringInvestments	Gathering Investments	Not all required loan amount is funded	Servicing
18	WaitingForCustomerSignature	Signing	The loan agreement is sent to the customer for signing	Underwriting
19	Closed_AgreementDeclined	Agreement Declined	The borrower declined the loan agreement	Archive	+
20	Closed_AgreementExpired	Agreement Expired	The borrower didn't make a decision about the loan agreement during the Expiry Period Days	Archive	+

Loan Status

Further reading