# Installment Advances

This object represents an installment advance (also called loan proceeds or loan disbursements). Advances should be used for installment
loans of type "multiple advances". Advances can be made on Loan objects only. To clarify, Advances cannot be made on Line of Credit
objects. Advances increase principal balance of a Loan. Each advance has a unique identifier.


## Get advances

 - [GET /people/{personId}/loans/{loanId}/advances](https://docs.peachfinance.com/api-docs/api-public/installment-advances/peach.people.loans.installment_advances.handlers.get_loan_advances.md): Returns an installment loan's advances

## Create advance

 - [POST /people/{personId}/loans/{loanId}/advances](https://docs.peachfinance.com/api-docs/api-public/installment-advances/peach.people.loans.installment_advances.handlers.create_loan_advance.md)

## Get advance by ID

 - [GET /people/{personId}/loans/{loanId}/advances/{advanceId}](https://docs.peachfinance.com/api-docs/api-public/installment-advances/peach.people.loans.installment_advances.handlers.get_loan_advance.md): Returns an installment loan advance

## Update advance

 - [PUT /people/{personId}/loans/{loanId}/advances/{advanceId}](https://docs.peachfinance.com/api-docs/api-public/installment-advances/peach.people.loans.installment_advances.handlers.update_loan_advance.md)