Loan 49913202
- Score
- 35
- Originated
- 2015-05
- Balance
- $16,550
- Status
- Current
Review score
| Reason | Strength | Category | Points | Review reason |
|---|---|---|---|---|
| Instalment off the amortised payment | Strong | Integrity | 15 | Instalment off the amortised payment: instalment 342.60 against 319.96 implied by amount, rate and term. |
| Current but behind schedule | Medium | Fraud pattern | 15 | Current but behind schedule: current with principal paid covering 41.4 of 45 instalments due (one more allowed in transit), 3.6 behind schedule; 4,621.27 outstanding. |
| Rate off the month's grid | Weak | Fraud pattern | 5 | Rate off the month's grid: rate 6.00% where sub-grade F2 loans in 2015-05 were priced at 22.99%. |
| 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
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 F loans | 22,997 | 38.4% | 17.2% | 6.5% | 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 | 49913202 |
|---|---|
| Origination date | 2015-05-01 |
| Original balance | $16,550 |
| Funded balance | $16,550 |
| Interest rate | 6.00% |
| Term | 60 months |
| Instalment | $342.60 |
| Grade | F |
| Sub-grade | F2 |
| Purpose | Debt consolidation |
| Status | Current |
|---|---|
| Status label | Current |
| Current balance | $4,621.27 |
| Principal paid | $11,928.73 |
| Interest paid | $6,906.18 |
| Total paid | $18,834.91 |
| Recoveries | $0 |
| Fees paid | $0 |
| Last payment date | 2019-03-01 |
| Last payment amount | $342.60 |
| Modification flag | – |
| Latest credit score | 745 |
| Employer | hashed |
|---|---|
| Postcode | hashed |
| Region | NY |
| Annual income | $46,000 |
| Income verified | Source verified |
| Employment length years | 7 |
| Home ownership | Rent |
| Credit score | 700 |
| DTI | 15.99% |
| Bureau inquiries, 6 months | 1 |
| Months since last inquiry | 5 |
| Accounts opened 24m | 3 |
| Open accounts | 18 |
| Earliest credit line | 2000-03-01 |
| Revolving utilisation | 29.20% |
| Public records | 0 |
| Delinquencies, 2 years | 0 |