Auto-Collections Enabled for Credit Accounts

Overview

For customers looking to auto-collect funds to pay off a credit statement, you can now unlock this functionality by requesting it when setting the credit configuration of a Financial Account.

Customers should ensure that they have received proper authorization from their end user to auto-collect before turning this feature on.

Details

When calling Patch Account Credit Configuration, you will now see a new optional nested object representing auto-collections. You can request auto-collections in the following manner:

Sample Request

curl --request PATCH \
     --url https://sandbox.lithic.com/v1/financial_accounts/{financial_account_token}/credit_configuration \
     --header 'accept: application/json' \
     --header 'content-type: application/json' \
     --data '
{
  "credit_limit": 200000,
  "external_bank_account_token": "3fa85f64-5717-4562-b3fc-2c963f66afa6",
  "credit_product_token": "34dfElYP1EvT14icweYhWbONRCk",
  "tier": "your_tier",
  "auto_collection_configuration": {
        "auto_collection_enabled": true
  }
}
'

Sample Response

{
  "account_token": "b68b7424-aa69-4cbc-a946-30d90181b621",
  "credit_limit": 200000,
  "external_bank_account_token": "3fa85f64-5717-4562-b3fc-2c963f66afa6",
  "credit_product_token": "34dfElYP1EvT14icweYhWbONRCk",
  "tier": "your_tier",
  "auto_collection_configuration": {
        "auto_collection_enabled": true
  },
  "financial_account_state": "CURRENT",
  "is_spend_blocked": false,
  "charged_off_reason": NULL
}

auto_collection_configuration is an optional object. By default, Auto-Collections will be false, and Lithic will not auto-collect for the end user unless requested by this method

This object will also appear in Get Account Credit Configuration

Release Timeline

• This will be available in sandbox on October 8, 2025

User Impact

This change is additive only, in order to support account-by-account auto collections decisioning. If programs want to use auto-collections, they should use this method

Updated Documentation

For updated API information, visit see our API Reference for this endpoint.

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