Loan 50485631
- Score
- 37
- Originated
- 2015-06
- Balance
- $17,000
- Status
- Current
Review score
| Reason | Strength | Category | Points | Review reason |
|---|---|---|---|---|
| Current but behind schedule | Medium | Fraud pattern | 15 | Current but behind schedule: current with principal paid covering 40.0 of 44 instalments due (one more allowed in transit), 4.0 behind schedule; 8,171.14 outstanding. |
| Credit score fallen since origination | Medium | Fraud pattern | 15 | Credit score fallen since origination: current with credit score 610 against 710 at origination, 100 points lower; 8,171.14 outstanding. |
| Recent bureau inquiries | Weak | Fraud pattern | 5 | Recent bureau inquiries: 2 bureau inquiries in six months, the latest in the month of origination. |
| Unusual combination of values | Anomaly | Fraud pattern | 1.9 | Unusual combination of application values, most of all 29 open accounts and rate 25.78 (top 0.43% of the file). |
| Score | 36.9 |
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 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 | 50485631 |
|---|---|
| Origination date | 2015-06-01 |
| Original balance | $17,000 |
| Funded balance | $17,000 |
| Interest rate | 25.78% |
| Term | 60 months |
| Instalment | $506.78 |
| Grade | F |
| Sub-grade | F5 |
| Purpose | Debt consolidation |
| Status | Current |
|---|---|
| Status label | Current |
| Current balance | $8,171.14 |
| Principal paid | $8,828.86 |
| Interest paid | $12,880.13 |
| Total paid | $21,708.99 |
| Recoveries | $0 |
| Fees paid | $0 |
| Last payment date | 2019-03-01 |
| Last payment amount | $506.78 |
| Modification flag | – |
| Latest credit score | 610 |
| Employer | hashed |
|---|---|
| Postcode | hashed |
| Region | FL |
| Annual income | $50,000 |
| Income verified | Source verified |
| Employment length years | 1 |
| Home ownership | Rent |
| Credit score | 710 |
| DTI | 39.24% |
| Bureau inquiries, 6 months | 2 |
| Months since last inquiry | 0 |
| Accounts opened 24m | 9 |
| Open accounts | 29 |
| Earliest credit line | 2006-08-01 |
| Revolving utilisation | 31.00% |
| Public records | 0 |
| Delinquencies, 2 years | 0 |