Loan 3056093
- Score
- 35
- Originated
- 2013-01
- Balance
- $19,125
- 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; 1,099.69 recovered under collections against 19,125.00 funded. |
| Recent bureau inquiries | Weak | Fraud pattern | 5 | Recent bureau inquiries: 3 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
No payment from the borrower, though not a clean loss: money came back under collections, or the loan is still late. First-party fraud (a borrower who never meant to pay) or a servicing event, such as a payment never set up, before third-party fraud. Confirm with collections which.
From: No payment made; Recent bureau inquiries.
Repayment history
No repayment history uploaded.
Against its segments
| Segment | Loans | Charge-off rate | Book, charge-off | Early default | Book, early default |
|---|---|---|---|---|---|
| Grade E loans | 70,607 | 32.4% | 17.2% | 4.3% | 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 | 3056093 |
|---|---|
| Origination date | 2013-01-01 |
| Original balance | $19,125 |
| Funded balance | $19,125 |
| Interest rate | 22.47% |
| Term | 60 months |
| Instalment | $533.34 |
| Grade | E |
| Sub-grade | E5 |
| Purpose | Debt consolidation |
| Status | Charged off |
|---|---|
| Status label | Charged Off |
| Current balance | $0 |
| Principal paid | $0 |
| Interest paid | $0 |
| Total paid | $1,099.69 |
| Recoveries | $1,099.69 |
| Fees paid | $0 |
| Last payment date | – |
| Last payment amount | $0 |
| Modification flag | – |
| Latest credit score | 540 |
| Employer | hashed |
|---|---|
| Postcode | hashed |
| Region | PA |
| Annual income | $43,000 |
| Income verified | Verified |
| Employment length years | 2 |
| Home ownership | Rent |
| Credit score | 690 |
| DTI | 20.32% |
| Bureau inquiries, 6 months | 3 |
| Months since last inquiry | 1 |
| Accounts opened 24m | 14 |
| Open accounts | 17 |
| Earliest credit line | 2008-06-01 |
| Revolving utilisation | 19.80% |
| Public records | 0 |
| Delinquencies, 2 years | 0 |