Changelog
StatusDashboard
Back to All
Improved

Added new valid Financial Account State Change

about 23 hours ago by Declan Callisto
Release Date

April 13, 2026

Products Affected

Financial Accounts APIs

Impact

Added new valid Financial Account State Change

Audience

Customers using Lithic Credit Ledger

Action Required

None



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

If you have any questions or concerns, please contact us via the HELP link in your Lithic Dashboard.

The Lithic changelog has an RSS feed! To monitor for new update announcements, subscribe with your preferred RSS reader.