Mobile credit acquisition

• US 10,169,775 B2
• Filed: 11/20/2015
• Issued: 01/01/2019
• Est. Priority Date: 08/03/2015
• Status: Active Grant

• Current Assignee: Bread Financial Payments Incorporated
• Original Assignee: Comenity LLC (Alliance Data Systems Corporation)
• Inventors: Koltnow, Adam, Walz, James
• Primary Examiner(s): Kucab, Jamie R
• Application Number:
  US14/947,803
• Publication Number:
  US 20170039588A1
• Time in Patent Office: 1,138 Days
• Field of Search: 705 1436
• CPC Class Codes: G06Q 30/0236 Incentive or reward received by requiring registration or ID from user
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: H04W 4/021 Services related to particular areas, e.g. point of interest [POI] services, venue services or geofences
• CPC Class Codes: H04W 4/14 Short messaging services, e.g. short message services [SMS] or unstructured supplementary service data [USSD]

Abstract

A method for mobile credit acquisition is disclosed. The method deploys a shopping incentive offer, the shopping incentive offer for a shopping incentive. A device identifier associated with a user'"'"'s mobile device is received in response to a user responding to the shopping incentive offer on the user'"'"'s mobile device. In addition, a user identifier is received for the user. The device identifier and the user identifier are used to obtain user specific information useable for a credit prescreen. The shopping incentive is then provided to the user'"'"'s mobile device. If the user does pass a credit prescreen, a pre-approved credit offer is also provided to the user via the user'"'"'s mobile device in conjunction with the shopping incentive.

Claims

1. A non-transitory computer-readable storage medium having instructions embodied therein that when executed by one or more processors, cause a computer system to perform a method for mobile credit acquisition, the method comprising:

deploying a shopping incentive offer, said shopping incentive offer for a shopping incentive;

after deploying the shopping incentive offer, the method further comprising;

receiving, at the computer system and from a user'"'"'s mobile device said shopping incentive offer, a device identifier associated with the user'"'"'s mobile device;

receiving, at the computer system and from the user'"'"'s mobile device said shopping incentive offer, a user identifier for a user;

utilizing, at the computer system, the device identifier and the user identifier to obtain a user specific information useable for a credit prescreen, the obtaining of the user specific information comprising;

contacting, via the computer system, a plurality of mobile carriers;

providing, via the computer system and to the plurality of mobile carrier, the device identifier to determine a specific mobile carrier providing service for said User'"'"'s mobile device; and

providing, via the computer system and to the specific mobile carrier, the user identifier to obtain, from said specific mobile carrier, the user specific information;

utilizing, via the computer system, said user specific information to perform the credit prescreen;

providing, from the computer system and to the user'"'"'s mobile device, the shopping incentive; and

providing, from the computer system and to the user'"'"'s mobile device, a pre-approved credit offer in conjunction with said shopping incentive.

2. The non-transitory computer-readable storage medium of claim 1, wherein said deploying said shopping incentive offer further comprises:

deploying said shopping incentive offer in a physical location within a retail store providing said shopping incentive.

3. The non-transitory computer-readable storage medium of claim 1, wherein said deploying said shopping incentive offer further comprises:

deploying said shopping incentive offer to said user'"'"'s mobile device when a location of said user'"'"'s mobile device is in proximity to a retail store providing said shopping incentive.

4. The non-transitory computer-readable storage medium of claim 1, further comprising:

receiving a phone number associated with said user'"'"'s mobile device as said device identifier.

5. The non-transitory computer-readable storage medium of claim 1, further comprising:

receiving a zip code as said user identifier.

6. The non-transitory computer-readable storage medium of claim 1, wherein receiving a device identifier and receiving a user identifier further comprises:

receiving both said user identifier and said device identifier in a single response from said user'"'"'s mobile device.

7. The non-transitory computer-readable storage medium of claim 1, wherein said performing the credit prescreen further comprises:

providing, via the computer system, the user specific information to a credit reporting agency; and

receiving, at the computer system, a credit prescreen result from the credit reporting agency based on the provided user specific information.

8. The non-transitory computer-readable storage medium of claim 1, further comprising:

providing an additional shopping incentive offer to said user, in conjunction with said shopping incentive and said pre-approved credit offer, said additional shopping incentive offer including a contingency such that an additional shopping incentive is only available after said user successfully completes the pre-approved credit offer.

9. The non-transitory computer-readable storage medium of claim 1, further comprising:

providing a digital credit account identifier to said user'"'"'s mobile device when said user successfully completes the pre-approved credit offer, said digital credit account identifier instantly available to be used as a form of payment.