Credit application lifecycle

The Lifecycle

Pending applications represent credit reservations. Completion and cancellation are settlement-driven, while direct application creates applied records immediately.

Transitions Explained

The transition rows identify the initiating action, eligibility checks, resulting records and responsible caller. They retain the pinned evidence for each path.

What Cannot Happen

The invalid-transition rows describe final-state protection and unsupported paths; command eligibility remains distinct from the declared state vocabulary.

Concurrency and Timing

One credit is locked for competing applications, and settlement holds remain until the coordinated outcome. Pending duration follows settlement collection recovery.