On the Manage loan applications page all current and past loan applications will show with their status.
Status
Description
Approved
The loan application has been approved and all is well!
Rejected
The loan application was rejected for some reason
Pending
This is an urgent status and requires our attention, a loan application has been received and awaits our approval
Pending Customer Input
This status means that we have send the customer an offer that is different than the indicative terms that the customer received when creating the loan application. The customer has been notified and the system is now waiting for the customer approval
Awaits Customer Signing
A new suggestion of terms has been accepted by the customer and the system is now waiting for the customer to sign the terms
Terms Accepted By Customer
New terms has been accepted by the customer and the application is now waiting for the entered payment receiver to be verified
Cancelled
The loan application was cancelled
Waiting for Payment Receiver to be verified
A loan application was created and if the product was configured to require a verified payment receiver before being ready for approval this status will apply while the verification process is working