Loan 63465230
- Score
- 35
- Originated
- 2015-10
- Balance
- $35,000
- 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 35,000.00 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 C loans | 245,740 | 18.7% | 17.2% | 2.0% | 2.0% |
| 36-month loans | 620,566 | 13.9% | 17.2% | 1.8% | 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 | 63465230 |
|---|---|
| Origination date | 2015-10-01 |
| Original balance | $35,000 |
| Funded balance | $35,000 |
| Interest rate | 13.99% |
| Term | 36 months |
| Instalment | $1,196.05 |
| Grade | C |
| Sub-grade | C4 |
| Purpose | Home improvement |
| 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 | – |
| Employer | hashed |
|---|---|
| Postcode | hashed |
| Region | VA |
| Annual income | $140,000 |
| Income verified | Source verified |
| Employment length years | 7 |
| Home ownership | Rent |
| Credit score | 715 |
| DTI | 2.77% |
| Bureau inquiries, 6 months | 2 |
| Months since last inquiry | 0 |
| Accounts opened 24m | 10 |
| Open accounts | 18 |
| Earliest credit line | 2006-03-01 |
| Revolving utilisation | 11.10% |
| Public records | 0 |
| Delinquencies, 2 years | 0 |