Loan 503252
- Score
- 35
- Originated
- 2010-04
- Balance
- $8,500
- Status
- Charged off
Review score
| Reason | Strength | Category | Points | Review reason |
|---|---|---|---|---|
| Recoveries above the amount funded | Strong | Integrity | 15 | Recoveries above the amount funded: 10,336.51 recovered against 8,500.00 funded. |
| Status label says outside credit policy | Medium | Fraud pattern | 15 | Status label says outside credit policy: label “Does not meet the credit policy. Status:Charged Off”. |
| Recent bureau inquiries | Weak | Fraud pattern | 5 | Recent bureau inquiries: 9 bureau inquiries in the six months before origination. |
| 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
A servicing or data error rather than fraud.
From: 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 G loans | 5,454 | 42.7% | 17.2% | 7.8% | 2.0% |
| 36-month loans | 620,566 | 13.9% | 17.2% | 1.8% | 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 | 503252 |
|---|---|
| Origination date | 2010-04-01 |
| Original balance | $8,500 |
| Funded balance | $8,500 |
| Interest rate | 20.53% |
| Term | 36 months |
| Instalment | $318.19 |
| Grade | G |
| Sub-grade | G2 |
| Purpose | Debt consolidation |
| Status | Charged off |
|---|---|
| Status label | Does not meet the credit policy. Status:Charged Off |
| Current balance | $0 |
| Principal paid | $185.80 |
| Interest paid | $856.56 |
| Total paid | $11,378.87 |
| Recoveries | $10,336.51 |
| Fees paid | $0 |
| Last payment date | 2010-12-01 |
| Last payment amount | $145.82 |
| Modification flag | – |
| Latest credit score | 580 |
| Employer | hashed |
|---|---|
| Postcode | hashed |
| Region | CA |
| Annual income | $43,000 |
| Income verified | Verified |
| Employment length years | 10 |
| Home ownership | Rent |
| Credit score | 665 |
| DTI | 24.67% |
| Bureau inquiries, 6 months | 9 |
| Months since last inquiry | – |
| Accounts opened 24m | – |
| Open accounts | 7 |
| Earliest credit line | 1989-06-01 |
| Revolving utilisation | 91.40% |
| Public records | 0 |
| Delinquencies, 2 years | 0 |