Overview

Financial accounts can now transition from SUSPENDED with substatus INTEREST_AND_FEES_PAUSED directly to SUSPENDED with substatus DELINQUENT via the Update Financial Account Status endpoint.

Details

Valid State transitions from SUSPENDED.INTEREST_AND_FEES_PAUSED are now:

• OPEN
• SUSPENDED.CHARGED_OFF_DELINQUENT
• SUSPENDED.CHARGED_OFF_FRAUD
• SUSPENDED.DELINQUENT (enabled today)
• SUSPENDED.BANK_REQUEST
• SUSPENDED.END_USER_REQUEST
• CLOSED.CHARGED_OFF_DELINQUENT
• CLOSED.CHARGED_OFF_FRAUD
• CLOSED.BANK_REQUEST
• CLOSED.END_USER_REQUEST

Please note that once a financial_account has been moved to SUSPENDED.INTEREST_AND_FEES_PAUSED, Lithic will no longer automatically change the status or substatus of that specific financial_account. This includes even after it has been moved to a new status or substatus.

• This means that financial accounts that are moved from SUSPENDED.INTEREST_AND_FEES_PAUSED -> SUSPENDED.DELINQUENT will not automatically be moved to OPEN, even if the financial account receives sufficient repayment.
• Customers should manually move the account to OPEN in these cases.

Release Timeline

Available now: April 13, 2026.

User Impact

This change is additive only. Learn more about Credit Ledger and Financial Accounts APIs via Guides and API Reference.