Loan 39977574
- Score
- 45
- Originated
- 2015-02
- Balance
- $12,000
- 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; 12,679.50 recovered under collections against 12,000.00 funded. |
| Recoveries above the amount funded | Strong | Integrity | 15 | Recoveries above the amount funded: 12,679.50 recovered against 12,000.00 funded. |
| Score | 45 |
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No payment, then recoveries above the amount funded: a rescinded or repurchased loan booked through recoveries, or third-party fraud made good. Confirm with servicing which.
From: No payment made; 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 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 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 | 39977574 |
|---|---|
| Origination date | 2015-02-01 |
| Original balance | $12,000 |
| Funded balance | $12,000 |
| Interest rate | 12.99% |
| Term | 60 months |
| Instalment | $272.98 |
| Grade | C |
| Sub-grade | C2 |
| Purpose | Debt consolidation |
| Status | Charged off |
|---|---|
| Status label | Charged Off |
| Current balance | $0 |
| Principal paid | $0 |
| Interest paid | $0 |
| Total paid | $12,679.50 |
| Recoveries | $12,679.50 |
| Fees paid | $0 |
| Last payment date | – |
| Last payment amount | $0 |
| Modification flag | – |
| Latest credit score | 650 |
| Employer | hashed |
|---|---|
| Postcode | hashed |
| Region | SC |
| Annual income | $65,686 |
| Income verified | Source verified |
| Employment length years | 10 |
| Home ownership | Mortgage |
| Credit score | 760 |
| DTI | 14.76% |
| Bureau inquiries, 6 months | 1 |
| Months since last inquiry | 1 |
| Accounts opened 24m | 9 |
| Open accounts | 15 |
| Earliest credit line | 1994-12-01 |
| Revolving utilisation | 18.70% |
| Public records | 0 |
| Delinquencies, 2 years | 0 |