Loan 58030213
- Score
- 35
- Originated
- 2015-08
- Balance
- $20,400
- Status
- Charged off
Review score
| Reason | Strength | Category | Points | Review reason |
|---|---|---|---|---|
| No payment, nothing recovered | Strong | Fraud pattern | 30 | No payment, nothing recovered: charged off with no payment and nothing recovered against 20,400.00 funded; consistent with third-party fraud. |
| Recent bureau inquiries | Weak | Fraud pattern | 5 | Recent bureau inquiries: 2 bureau inquiries in six months, the latest in the month of 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
No payment and nothing recovered: consistent with third-party fraud, an identity used without its owner's knowledge. Check the identity evidence on the application and whether the borrower can be reached.
From: No payment, nothing recovered; Recent bureau inquiries.
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 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 | 58030213 |
|---|---|
| Origination date | 2015-08-01 |
| Original balance | $20,400 |
| Funded balance | $20,400 |
| Interest rate | 16.99% |
| Term | 60 months |
| Instalment | $506.89 |
| Grade | D |
| Sub-grade | D3 |
| Purpose | Major purchase |
| Status | Charged off |
|---|---|
| Status label | Charged Off |
| Current balance | $0 |
| Principal paid | $0 |
| Interest paid | $0 |
| Total paid | $0 |
| Recoveries | $0 |
| Fees paid | $0 |
| Last payment date | – |
| Last payment amount | $0 |
| Modification flag | – |
| Latest credit score | 635 |
| Employer | hashed |
|---|---|
| Postcode | hashed |
| Region | WI |
| Annual income | $58,500 |
| Income verified | Source verified |
| Employment length years | 8 |
| Home ownership | Mortgage |
| Credit score | 710 |
| DTI | 16.17% |
| Bureau inquiries, 6 months | 2 |
| Months since last inquiry | 0 |
| Accounts opened 24m | 9 |
| Open accounts | 16 |
| Earliest credit line | 1997-08-01 |
| Revolving utilisation | 31.20% |
| Public records | 0 |
| Delinquencies, 2 years | 0 |