Loan 1173437
- Score
- 42
- Originated
- 2012-03
- Balance
- $20,000
- Status
- Charged off
Review score
| Reason | Strength | Category | Points | Review reason |
|---|---|---|---|---|
| No payment made | Strong | Fraud pattern | 30 | No payment made: charged off with no payment received; 700.00 recovered under collections against 20,000.00 funded. |
| Round unverified income, early default | Weak | Fraud pattern | 5 | Round unverified income, early default: stated income 165,000, a multiple of 5,000, not verified. |
| Recent bureau inquiries | Weak | Fraud pattern | 5 | Recent bureau inquiries: 5 bureau inquiries in the six months before origination. |
| Unusual combination of values | Anomaly | Fraud pattern | 1.8 | Unusual combination of application values, most of all 5 bureau inquiries and income 165,000 (top 0.45% of the file). |
| Score | 41.8 |
Points per distinct reason: strong 30, medium 15, weak 5, half that for an integrity reason; up to 15 more for an unusual combination of application values. The score ranks loans for review. It is not a probability. Method
Likely explanation
Stated income to test: round, unverified, and the loan stopped paying at once.
From: No payment made; Round unverified income, early default.
Repayment history
No repayment history uploaded.
Against its segments
| Segment | Loans | Charge-off rate | Book, charge-off | Early default | Book, early default |
|---|---|---|---|---|---|
| Grade A loans | 148,129 | 5.5% | 17.2% | 0.5% | 2.0% |
| 36-month loans | 620,566 | 13.9% | 17.2% | 1.8% | 2.0% |
| Credit score 750+ | 60,798 | 7.3% | 17.2% | 1.1% | 2.0% |
Rates by count. Early default: charged off or late, with no payment received or a last payment within six months of origination.
Loan fields
| Loan ID | 1173437 |
|---|---|
| Origination date | 2012-03-01 |
| Original balance | $20,000 |
| Funded balance | $20,000 |
| Interest rate | 8.90% |
| Term | 36 months |
| Instalment | $635.07 |
| Grade | A |
| Sub-grade | A5 |
| Purpose | Home improvement |
| Status | Charged off |
|---|---|
| Status label | Charged Off |
| Current balance | $0 |
| Principal paid | $0 |
| Interest paid | $0 |
| Total paid | $700 |
| Recoveries | $700 |
| Fees paid | $0 |
| Last payment date | – |
| Last payment amount | $0 |
| Modification flag | – |
| Latest credit score | 545 |
| Employer | hashed |
|---|---|
| Postcode | hashed |
| Region | NY |
| Annual income | $165,000 |
| Income verified | Not verified |
| Employment length years | 4 |
| Home ownership | Mortgage |
| Credit score | 770 |
| DTI | 1.61% |
| Bureau inquiries, 6 months | 5 |
| Months since last inquiry | – |
| Accounts opened 24m | – |
| Open accounts | 16 |
| Earliest credit line | 1990-09-01 |
| Revolving utilisation | 10.60% |
| Public records | 0 |
| Delinquencies, 2 years | 0 |