> ## Documentation Index
> Fetch the complete documentation index at: https://autoloans.liquidity.io/llms.txt
> Use this file to discover all available pages before exploring further.

# Initiate Payment

This endpoint initiates the **loan payment cycle** for a disbursed loan.\
Once called, the system will begin tracking the loan’s installment schedule, due dates, and payment lifecycle.

## What it does

* Signals the start of **loan payments** after disbursement
* Activates tracking of the loan **payment schedule**
* Enables monitoring for **delinquency** or **default** status

## When to use it

* After the loan has been successfully disbursed
* When you want the system to begin enforcing **payment timelines**
* Before recording the first **loan payment**

## Request Body

```json theme={null}
{
  "loanId": "0x5a0c0663a48e3abf16c7f0ee632b57da833e44e02a290fc0920ea2858da31f73"
}
```

## Response

* On success, returns the blockchain transaction hash confirming the initiation:

```json theme={null}
{
  "transactionHash": "0x5a0c0663a48e3abf16c7f0ee632b57da833e44e02a290fc0920ea2858da31f73"
}
```