Loan 19256502
- Score
- 35
- Originated
- 2014-06
- Balance
- $9,900
- Status
- Charged off
Review score
| Reason | Strength | Category | Points | Review reason |
|---|---|---|---|---|
| Recoveries above the amount funded | Strong | Integrity | 15 | Recoveries above the amount funded: 10,217.97 recovered against 9,900.00 funded. |
| Stopped paying within three months | Medium | Fraud pattern | 15 | Stopped paying within three months: charged off; last payment 2014-08, 2 months after origination. |
| Recent bureau inquiries | Weak | Fraud pattern | 5 | Recent bureau inquiries: 2 bureau inquiries in six months, the latest 1 month before 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
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 D loans | 139,455 | 25.5% | 17.2% | 3.3% | 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 | 19256502 |
|---|---|
| Origination date | 2014-06-01 |
| Original balance | $9,900 |
| Funded balance | $9,900 |
| Interest rate | 18.24% |
| Term | 36 months |
| Instalment | $359.11 |
| Grade | D |
| Sub-grade | D5 |
| Purpose | Home improvement |
| Status | Charged off |
|---|---|
| Status label | Charged Off |
| Current balance | $0 |
| Principal paid | $420.43 |
| Interest paid | $297.79 |
| Total paid | $10,936.19 |
| Recoveries | $10,217.97 |
| Fees paid | $0 |
| Last payment date | 2014-08-01 |
| Last payment amount | $359.11 |
| Modification flag | – |
| Latest credit score | 700 |
| Employer | hashed |
|---|---|
| Postcode | hashed |
| Region | CA |
| Annual income | $75,000 |
| Income verified | Verified |
| Employment length years | 9 |
| Home ownership | Mortgage |
| Credit score | 800 |
| DTI | 5.76% |
| Bureau inquiries, 6 months | 2 |
| Months since last inquiry | 1 |
| Accounts opened 24m | 3 |
| Open accounts | 10 |
| Earliest credit line | 1994-11-01 |
| Revolving utilisation | 0.00% |
| Public records | 0 |
| Delinquencies, 2 years | 0 |