post https://api.cloud.mbanq.com/v1/loans/?command=writeoff
Loan write-off refers to the process of formally removing a loan from the lender’s balance sheet when it is determined that the loan is unlikely to be recovered.
Purpose: Use this API to write off a loan that is considered unrecoverable due to reasons such as long-term delinquency, bankruptcy, or other financial hardships.
Behavior: A successful response indicates that the loan has been written off in the system