Loan 66451437
- Score
- 30
- Originated
- 2015-12
- Balance
- $35,000
- Status
- Charged off
Review score
| Reason | Strength | Category | Points | Review reason |
|---|---|---|---|---|
| Stopped paying within three months | Medium | Fraud pattern | 15 | Stopped paying within three months: charged off; last payment 2016-03, 3 months after origination. |
| Recent bureau inquiries | Weak | Fraud pattern | 5 | Recent bureau inquiries: 4 bureau inquiries in six months, the latest in the month of origination. |
| Unusual combination of values | Anomaly | Fraud pattern | 10 | Unusual combination of application values, most of all 12 delinquencies and 4 bureau inquiries (top 0.01% of the file). |
| 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
First-payment default: application fraud is the first thing to rule out.
From: Stopped paying within three months; 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 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 | 66451437 |
|---|---|
| Origination date | 2015-12-01 |
| Original balance | $35,000 |
| Funded balance | $35,000 |
| Interest rate | 24.99% |
| Term | 60 months |
| Instalment | $1,027.10 |
| Grade | F |
| Sub-grade | F4 |
| Purpose | Debt consolidation |
| Status | Charged off |
|---|---|
| Status label | Charged Off |
| Current balance | $0 |
| Principal paid | $602.66 |
| Interest paid | $1,402.95 |
| Total paid | $7,283.50 |
| Recoveries | $5,277.89 |
| Fees paid | $0 |
| Last payment date | 2016-03-01 |
| Last payment amount | $1,027.10 |
| Modification flag | – |
| Latest credit score | 505 |
| Employer | hashed |
|---|---|
| Postcode | hashed |
| Region | NC |
| Annual income | $160,000 |
| Income verified | Source verified |
| Employment length years | 6 |
| Home ownership | Mortgage |
| Credit score | 700 |
| DTI | 11.21% |
| Bureau inquiries, 6 months | 4 |
| Months since last inquiry | 0 |
| Accounts opened 24m | 1 |
| Open accounts | 6 |
| Earliest credit line | 1992-02-01 |
| Revolving utilisation | 63.40% |
| Public records | 0 |
| Delinquencies, 2 years | 12 |