The OnboardingState parameter reflects various stages of a loan application process, providing detailed insights into its current status. Below are the key statuses and their descriptions:

Status	Description
stage1incomplete	The customer has started the application but has not yet completed it.
stage1submitted	The customer has submitted the loan application for review and the application is currently under review by the loan provider.
stage1rejected	The application has been reviewed and rejected.
ineligible	The customer does not meet the eligibility criteria, and the application has been rejected.
rescinded	The loan offer has expired, and no further action can be taken.
offersProvided	Loan offers have been provided to the customer, and the system is awaiting their response.
offerAccepted	The customer has accepted the loan offer.
offersExpired	The loan offer expired before the customer could take action.
contractGenerated	The loan contract has been generated and will soon be sent to the customer for signing.
contractsent	The contract has been sent to the customer for their signature.
contractsigned	The customer has signed the contract, completing this stage of the loan process.
readytofund	All checks passed and the lead is ready to fund.

After a loan has been funded, it is important to check the status parameter in the loans model. Below are the possible values for this parameter and their descriptions:

Status	Description
Unfunded	The financing has been set up, but the transfer hasn’t been requested yet
Requested Funding	Funding is in progress, and the money will soon be deposited into the customer’s account.
Partially Funded	Part of the funding has been sent out, this state is only used for specific merchants where they have specifically requested to have the payment sent out in several amounts
Funded	The loan amount has been successfully funded and is currently in the customer’s financial account.
Funded (Pending Settlement)	The loan amount has been funded and is in the customer’s financial account, but it is awaiting final settlement.
Deleted	The financing has been deleted
Pending Repaid	The last payment has been requested that will mark the loan as Repaid, however we haven’t received the payment yet (this status is only being used for financings repaying via Direct Debit)
Repaid	The loan has been fully repaid, and no further payments are due.
Discounted Settlement	The loan has been settled for less than the full amount owed, typically through an agreement between the lender and borrower to resolve the debt at a reduced amount.
Defaulted	The borrower has failed to make payments as agreed, leading to the loan being classified as non-performing and potentially triggering collection actions.
Written Off	The lender has determined that the loan is unlikely to be recovered and has recorded it as a loss. Collection efforts may still continue.