Loan 46702776
- Score
- 55
- Originated
- 2015-04
- Balance
- $13,000
- Status
- Current
Review score
| Reason | Strength | Category | Points | Review reason |
|---|---|---|---|---|
| Instalment off the amortised payment | Strong | Integrity | 15 | Instalment off the amortised payment: instalment 296.84 against 251.33 implied by amount, rate and term. |
| Current but behind schedule | Medium | Fraud pattern | 15 | Current but behind schedule: current with principal paid covering 36.6 of 46 instalments due (one more allowed in transit), 9.4 behind schedule; 3,727.18 outstanding. |
| Credit score fallen since origination | Medium | Fraud pattern | 15 | Credit score fallen since origination: current with credit score 570 against 675 at origination, 105 points lower; 3,727.18 outstanding. |
| Rate off the month's grid | Weak | Fraud pattern | 5 | Rate off the month's grid: rate 6.00% where sub-grade D5 loans in 2015-04 were priced at 17.86%. |
| Recent bureau inquiries | Weak | Fraud pattern | 5 | Recent bureau inquiries: 2 bureau inquiries in six months, the latest in the month of origination. |
| Score | 55 |
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; Credit score fallen since origination.
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% |
| 60-month loans | 266,271 | 25.0% | 17.2% | 2.5% | 2.0% |
| Credit score 660–679 | 306,261 | 21.8% | 17.2% | 2.6% | 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 | 46702776 |
|---|---|
| Origination date | 2015-04-01 |
| Original balance | $13,000 |
| Funded balance | $13,000 |
| Interest rate | 6.00% |
| Term | 60 months |
| Instalment | $296.84 |
| Grade | D |
| Sub-grade | D5 |
| Purpose | Debt consolidation |
| Status | Current |
|---|---|
| Status label | Current |
| Current balance | $3,727.18 |
| Principal paid | $9,272.82 |
| Interest paid | $5,945.86 |
| Total paid | $15,218.68 |
| Recoveries | $0 |
| Fees paid | $0 |
| Last payment date | 2019-03-01 |
| Last payment amount | $296.84 |
| Modification flag | – |
| Latest credit score | 570 |
| Employer | hashed |
|---|---|
| Postcode | hashed |
| Region | AZ |
| Annual income | $50,000 |
| Income verified | Source verified |
| Employment length years | 2 |
| Home ownership | Mortgage |
| Credit score | 675 |
| DTI | 11.98% |
| Bureau inquiries, 6 months | 2 |
| Months since last inquiry | 0 |
| Accounts opened 24m | 4 |
| Open accounts | 5 |
| Earliest credit line | 2003-02-01 |
| Revolving utilisation | 88.20% |
| Public records | 0 |
| Delinquencies, 2 years | 0 |