Assets and Liabilities

Our Asset and Liabilities endpoints provide real-time information about your customers' financial assets and liabilities, starting with loan debt and a growing list of debt categories from insurance and mortgages to auto loans and rent.

Access Detailed Liability and Loan Data

With the Okra widget, you can build new solutions that will help people better manage their debt. Accessing robust loan and insurance information can help developers surface repayment opportunities for each customer's unique financial situation. Your customers can also better understand their options for debt forgiveness services, consolidation, or refinancing for lower interest rates.

curl -X POST https://api.okra.ng/v2/liabilities/process
-H 'Content-Type: application/json' 
-H 'Authorization: Bearer <secretKey>'
-d '{ 
        customer_id: "xxxxxxxxxxxxxxxx"
    }'

Verify Assets in Real-time

With the goal of making it much easier for customers to manage their finances digitally, through the Okra widget, you can be granted access to real-time mortgage and asset data via the Assets endpoints, with customer permissions.

These endpoints allow greater visibility to your customers' financial obligations and collateral ownership, which you can use to enhance your in-app experience with more personalised insights and product recommendations.

curl -X POST https://api.okra.ng/v2/assets/process
-H 'Content-Type: application/json' 
-H 'Authorization: Bearer <secretKey>'
-d '{ 
        customer_id: "xxxxxxxxxxxxxxxx" 
    }'

With Okra, you can view your customers' mortgages, auto loans, and other major asset data. For each unique asset, the endpoint will provide the following information:

• Loan details: account number, loan type and term, origination date, and origination principal amount.
• Payment details: last payment date and amount, next payment due date, next monthly payment, year-to-date interest paid, and year-to-date principal paid.
• Terms: interest type, interest percentage, and next scheduled interest rate change.
• Balances: principal and escrow.
• Asset Details e.g. Property address, make and model of car.

Insurance and Claim Data

Okra enables insurers to instantly verify bank accounts and seamlessly accept premium payments via direct bank-to-bank Payments and verify any existing or past claims of their customers.

curl -X POST https://api.okra.ng/v2/insurance/process
-H 'Content-Type: application/json' 
-H 'Authorization: Bearer <secretKey>'
-d '{ 
        customer_id: "xxxxxxxxxxxxxxxx",
		includeClaimHistory: true //optional
    }'