Loan 1469058
- Score
- 30
- Originated
- 2012-08
- Balance
- $30,000
- Status
- Charged off
Review score
| Reason | Strength | Category | Points | Review reason |
|---|---|---|---|---|
| Recoveries above the amount funded | Strong | Integrity | 15 | Recoveries above the amount funded: 33,522.14 recovered against 30,000.00 funded. |
| Stopped paying within three months | Medium | Fraud pattern | 15 | Stopped paying within three months: charged off; last payment 2012-10, 2 months after origination. |
| Score | 30 |
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
A servicing or data error rather than fraud.
From: Recoveries above the amount funded.
Repayment history
No repayment history uploaded.
Against its segments
| Segment | Loans | Charge-off rate | Book, charge-off | Early default | Book, early default |
|---|---|---|---|---|---|
| Grade F loans | 22,997 | 38.4% | 17.2% | 6.5% | 2.0% |
| 60-month loans | 266,271 | 25.0% | 17.2% | 2.5% | 2.0% |
| Credit score 680–699 | 246,005 | 18.4% | 17.2% | 2.2% | 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 | 1469058 |
|---|---|
| Origination date | 2012-08-01 |
| Original balance | $30,000 |
| Funded balance | $30,000 |
| Interest rate | 23.63% |
| Term | 60 months |
| Instalment | $856.61 |
| Grade | F |
| Sub-grade | F3 |
| Purpose | Debt consolidation |
| Status | Charged off |
|---|---|
| Status label | Charged Off |
| Current balance | $0 |
| Principal paid | $536.50 |
| Interest paid | $1,175.28 |
| Total paid | $35,233.92 |
| Recoveries | $33,522.14 |
| Fees paid | $0 |
| Last payment date | 2012-10-01 |
| Last payment amount | $856.61 |
| Modification flag | – |
| Latest credit score | 775 |
| Employer | hashed |
|---|---|
| Postcode | hashed |
| Region | NJ |
| Annual income | $156,000 |
| Income verified | Verified |
| Employment length years | 4 |
| Home ownership | Rent |
| Credit score | 680 |
| DTI | 9.39% |
| Bureau inquiries, 6 months | 0 |
| Months since last inquiry | – |
| Accounts opened 24m | 2 |
| Open accounts | 4 |
| Earliest credit line | 1994-01-01 |
| Revolving utilisation | 76.60% |
| Public records | 0 |
| Delinquencies, 2 years | 0 |