Loan 56049960
- Score
- 30
- Originated
- 2015-07
- Balance
- $19,450
- 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 38.4 of 43 instalments due (one more allowed in transit), 4.6 behind schedule; 8,891.68 outstanding. |
| Credit score fallen since origination | Medium | Fraud pattern | 15 | Credit score fallen since origination: current with credit score 605 against 725 at origination, 120 points lower; 8,891.68 outstanding. |
| Score | 30 |
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 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 | 56049960 |
|---|---|
| Origination date | 2015-07-01 |
| Original balance | $19,450 |
| Funded balance | $19,450 |
| Interest rate | 16.55% |
| Term | 60 months |
| Instalment | $478.69 |
| Grade | D |
| Sub-grade | D2 |
| Purpose | Debt consolidation |
| Status | Current |
|---|---|
| Status label | In Grace Period |
| Current balance | $8,891.68 |
| Principal paid | $10,558.32 |
| Interest paid | $8,619.96 |
| Total paid | $19,178.28 |
| Recoveries | $0 |
| Fees paid | $0 |
| Last payment date | 2019-03-01 |
| Last payment amount | $478.69 |
| Modification flag | – |
| Latest credit score | 605 |
| Employer | hashed |
|---|---|
| Postcode | hashed |
| Region | SC |
| Annual income | $52,000 |
| Income verified | Not verified |
| Employment length years | 10 |
| Home ownership | Mortgage |
| Credit score | 725 |
| DTI | 11.61% |
| Bureau inquiries, 6 months | 0 |
| Months since last inquiry | – |
| Accounts opened 24m | 2 |
| Open accounts | 15 |
| Earliest credit line | 2002-04-01 |
| Revolving utilisation | 60.90% |
| Public records | 0 |
| Delinquencies, 2 years | 1 |