Loan 345808
- Score
- 40
- Originated
- 2008-05
- Balance
- $7,500
- Status
- Charged off
Review score
| Reason | Strength | Category | Points | Review reason |
|---|---|---|---|---|
| Shared identity details within 90 days | Strong | Fraud pattern | 30 | Shared identity details within 90 days: cluster d87e9cb8 shares postcode, job title, income and earliest credit line with 1 other loan; nearest originated 61 days apart. |
| Stopped paying within six months | Weak | Fraud pattern | 5 | Stopped paying within six months: charged off; last payment 2008-09, 4 months after origination (months four to six). |
| Round unverified income, early default | Weak | Fraud pattern | 5 | Round unverified income, early default: stated income 40,000, a multiple of 5,000, not verified. |
| Score | 40 |
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
Repeat applicant or identity misuse.
From: Shared identity details within 90 days; Stopped paying within six months.
Repayment history
No repayment history uploaded.
Against its segments
| Segment | Loans | Charge-off rate | Book, charge-off | Early default | Book, early default |
|---|---|---|---|---|---|
| Grade C loans | 245,740 | 18.7% | 17.2% | 2.0% | 2.0% |
| 36-month loans | 620,566 | 13.9% | 17.2% | 1.8% | 2.0% |
| Credit score 720–749 | 109,036 | 11.3% | 17.2% | 1.3% | 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 | 345808 |
|---|---|
| Origination date | 2008-05-01 |
| Original balance | $7,500 |
| Funded balance | $4,625 |
| Interest rate | 11.97% |
| Term | 36 months |
| Instalment | $153.55 |
| Grade | C |
| Sub-grade | C4 |
| Purpose | Debt consolidation |
| Status | Charged off |
|---|---|
| Status label | Charged Off |
| Current balance | $0 |
| Principal paid | $436.13 |
| Interest paid | $178.07 |
| Total paid | $614.20 |
| Recoveries | $0 |
| Fees paid | $0 |
| Last payment date | 2008-09-01 |
| Last payment amount | $153.55 |
| Modification flag | – |
| Latest credit score | 530 |
| Employer | hashed |
|---|---|
| Postcode | hashed |
| Region | NJ |
| Annual income | $40,000 |
| Income verified | Not verified |
| Employment length years | 1 |
| Home ownership | Rent |
| Credit score | 730 |
| DTI | 23.85% |
| Bureau inquiries, 6 months | 0 |
| Months since last inquiry | – |
| Accounts opened 24m | – |
| Open accounts | 15 |
| Earliest credit line | 2001-11-01 |
| Revolving utilisation | 47.60% |
| Public records | 0 |
| Delinquencies, 2 years | 0 |