Loan 15251083
- Score
- 35
- Originated
- 2014-05
- Balance
- $13,700
- Status
- Late
Review score
| Reason | Strength | Category | Points | Review reason |
|---|---|---|---|---|
| Credit score fallen since origination | Medium | Fraud pattern | 15 | Credit score fallen since origination: late with credit score 545 against 705 at origination, 160 points lower; 1,965.70 outstanding. |
| Bust-out pattern at origination | Medium | Fraud pattern | 15 | Bust-out pattern at origination: revolving utilisation 93.7%, 2 bureau inquiries in six months and 6 accounts opened in 24 months. |
| Recent bureau inquiries | Weak | Fraud pattern | 5 | Recent bureau inquiries: 2 bureau inquiries in six months, the latest in the month of origination. |
| Score | 35 |
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
Bust-out pattern: high utilisation, recent inquiries and many new accounts at origination. Credit drawn fast across lenders; pull the bureau file for accounts opened since.
From: Bust-out pattern at origination; Recent bureau inquiries; Credit score fallen since origination.
Repayment history
No repayment history uploaded.
Against its segments
| Segment | Loans | Charge-off rate | Book, charge-off | Early default | Book, early default |
|---|---|---|---|---|---|
| Grade G loans | 5,454 | 42.7% | 17.2% | 7.8% | 2.0% |
| 60-month loans | 266,271 | 25.0% | 17.2% | 2.5% | 2.0% |
| Credit score 700–719 | 164,410 | 14.6% | 17.2% | 1.6% | 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 | 15251083 |
|---|---|
| Origination date | 2014-05-01 |
| Original balance | $13,700 |
| Funded balance | $13,700 |
| Interest rate | 25.80% |
| Term | 60 months |
| Instalment | $408.57 |
| Grade | G |
| Sub-grade | G1 |
| Purpose | Debt consolidation |
| Status | Late |
|---|---|
| Status label | Late (31-120 days) |
| Current balance | $1,965.70 |
| Principal paid | $11,734.30 |
| Interest paid | $10,737.05 |
| Total paid | $22,491.78 |
| Recoveries | $0 |
| Fees paid | $20.43 |
| Last payment date | 2019-01-01 |
| Last payment amount | $429 |
| Modification flag | – |
| Latest credit score | 545 |
| Employer | hashed |
|---|---|
| Postcode | hashed |
| Region | OH |
| Annual income | $95,000 |
| Income verified | Source verified |
| Employment length years | 10 |
| Home ownership | Mortgage |
| Credit score | 705 |
| DTI | 13.43% |
| Bureau inquiries, 6 months | 2 |
| Months since last inquiry | 0 |
| Accounts opened 24m | 6 |
| Open accounts | 8 |
| Earliest credit line | 1987-10-01 |
| Revolving utilisation | 93.70% |
| Public records | 0 |
| Delinquencies, 2 years | 0 |