Loan 47521322
- Score
- 35
- Originated
- 2015-05
- Balance
- $16,000
- Status
- Current
Review score
| Reason | Strength | Category | Points | Review reason |
|---|---|---|---|---|
| Instalment off the amortised payment | Strong | Integrity | 15 | Instalment off the amortised payment: instalment 291.02 against 309.32 implied by amount, rate and term. |
| Credit score fallen since origination | Medium | Fraud pattern | 15 | Credit score fallen since origination: current with credit score 580 against 720 at origination, 140 points lower; 4,195.52 outstanding. |
| Rate off the month's grid | Weak | Fraud pattern | 5 | Rate off the month's grid: rate 6.00% where sub-grade C5 loans in 2015-05 were priced at 14.65%. |
| 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
Creditworthiness has fallen since origination; current exposure at risk. Pull a fresh bureau report and check for new accounts and arrears elsewhere.
From: 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 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 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 | 47521322 |
|---|---|
| Origination date | 2015-05-01 |
| Original balance | $16,000 |
| Funded balance | $16,000 |
| Interest rate | 6.00% |
| Term | 60 months |
| Instalment | $291.02 |
| Grade | C |
| Sub-grade | C5 |
| Purpose | Debt consolidation |
| Status | Current |
|---|---|
| Status label | Current |
| Current balance | $4,195.52 |
| Principal paid | $11,804.48 |
| Interest paid | $4,309.97 |
| Total paid | $16,114.45 |
| Recoveries | $0 |
| Fees paid | $0 |
| Last payment date | 2019-03-01 |
| Last payment amount | $291.02 |
| Modification flag | – |
| Latest credit score | 580 |
| Employer | hashed |
|---|---|
| Postcode | hashed |
| Region | NC |
| Annual income | $100,000 |
| Income verified | Source verified |
| Employment length years | 6 |
| Home ownership | Mortgage |
| Credit score | 720 |
| DTI | 8.53% |
| Bureau inquiries, 6 months | 0 |
| Months since last inquiry | – |
| Accounts opened 24m | 4 |
| Open accounts | 7 |
| Earliest credit line | 2008-01-01 |
| Revolving utilisation | 3.10% |
| Public records | 0 |
| Delinquencies, 2 years | 1 |