Loan 36029895
- Score
- 36
- Originated
- 2014-11
- Balance
- $35,000
- Status
- Current
Review score
| Reason | Strength | Category | Points | Review reason |
|---|---|---|---|---|
| Instalment off the amortised payment | Strong | Integrity | 15 | Instalment off the amortised payment: instalment 712.19 against 676.65 implied by amount, rate and term. |
| Current but behind schedule | Medium | Fraud pattern | 15 | Current but behind schedule: current with principal paid covering 47.5 of 51 instalments due (one more allowed in transit), 3.5 behind schedule; 6,254.08 outstanding. |
| Rate off the month's grid | Weak | Fraud pattern | 5 | Rate off the month's grid: rate 6.00% where sub-grade C1 loans in 2014-11 were priced at 12.39%. |
| Unusual combination of values | Anomaly | Fraud pattern | 0.7 | Unusual combination of application values, most of all 4 delinquencies and amount 35,000 (top 0.73% of the file). |
| Score | 35.7 |
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
Current but paying less than the schedule requires: forbearance, a re-aged account or a status held back. Confirm the arrangement with collections.
From: Current but behind schedule.
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% |
| 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 | 36029895 |
|---|---|
| Origination date | 2014-11-01 |
| Original balance | $35,000 |
| Funded balance | $35,000 |
| Interest rate | 6.00% |
| Term | 60 months |
| Instalment | $712.19 |
| Grade | C |
| Sub-grade | C1 |
| Purpose | Debt consolidation |
| Status | Current |
|---|---|
| Status label | Current |
| Current balance | $6,254.08 |
| Principal paid | $28,745.92 |
| Interest paid | $9,901.88 |
| Total paid | $38,647.80 |
| Recoveries | $0 |
| Fees paid | $0 |
| Last payment date | 2019-03-01 |
| Last payment amount | $712.19 |
| Modification flag | – |
| Latest credit score | 710 |
| Employer | hashed |
|---|---|
| Postcode | hashed |
| Region | WV |
| Annual income | $145,000 |
| Income verified | Verified |
| Employment length years | 10 |
| Home ownership | Own |
| Credit score | 715 |
| DTI | 21.16% |
| Bureau inquiries, 6 months | 0 |
| Months since last inquiry | 6 |
| Accounts opened 24m | 7 |
| Open accounts | 10 |
| Earliest credit line | 1997-06-01 |
| Revolving utilisation | 58.60% |
| Public records | 0 |
| Delinquencies, 2 years | 4 |