Systems and methods for providing consumers anonymous pre-approved offers from a consumer-selected group of merchants
First Claim
1. A method for providing a consumer with personalized credit-related information based on credit history data of the consumer, comprising:
- creating an account with the consumer;
receiving a request from the consumer for personalized credit-related information;
transmitting to a credit bureau, in response to the request from the consumer, an inquiry for credit history data relating to the consumer;
receiving credit history data on the consumer in response to the inquiry;
generating a summary report of personalized credit-related information based on the credit history data, the summary report including a credit score and an explanatory statement suggesting steps to improve the credit score; and
transmitting the summary report to the consumer.
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Accused Products
Abstract
The system and method of the present invention provides consumers with credit information including information which can help the consumer evaluate the consumer'"'"'s credit report or credit worthiness. The present invention can also provide consumers with suggestions to help consumers better their credit rating. The system and method of the present invention also provide consumers with pre-approved credit offers from a consumer-selected group of merchants, where the consumers are anonymous to the merchants, and the merchants do not receive copies of the consumer'"'"'s credit report. Additional functions of the present invention include allowing users to opt-out or opt-into solicitation lists, and enabling users to automatically monitor their credit report. The present invention offers these services through a third party agent of the consumer which can be accessible to the consumer via the Internet. Through this agency relationship, the third party can request consumer information and determine pre-approved offers from a plurality of merchants while protecting the confidentiality of consumer credit information without negative consequences on a consumer'"'"'s credit.
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Citations
37 Claims
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1. A method for providing a consumer with personalized credit-related information based on credit history data of the consumer, comprising:
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creating an account with the consumer;
receiving a request from the consumer for personalized credit-related information;
transmitting to a credit bureau, in response to the request from the consumer, an inquiry for credit history data relating to the consumer;
receiving credit history data on the consumer in response to the inquiry;
generating a summary report of personalized credit-related information based on the credit history data, the summary report including a credit score and an explanatory statement suggesting steps to improve the credit score; and
transmitting the summary report to the consumer. - View Dependent Claims (2, 3, 4, 5, 6)
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7. A method of providing one or more pre-approved offers to a consumer based on credit-related information of the consumer, comprising:
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creating an account with the consumer;
transmitting to a credit bureau an inquiry for credit history data relating to the consumer;
receiving credit history data on the consumer in response to the inquiry; and
selecting a pre-approved offer from a plurality of offers from multiple merchants based at least partially on the credit history data of the consumer. - View Dependent Claims (8, 9, 10, 11, 12, 13, 14, 15, 16, 18, 19, 20, 21, 22, 24, 25, 26, 27, 29, 30, 31, 32, 33, 34, 35, 36, 37)
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17. A method for presenting pre-approved offers to a consumer, comprising:
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receiving consumer data records from a plurality of databases;
selecting for the consumer at least one pre-approved offer based on at least one consumer data record associated with the consumer; and
sending a web-based representation of the pre-approved offer to the consumer.
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23. An method for opting a consumer out of targeted marketing programs that distribute targeted marketing items from a plurality of merchants, comprising:
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receiving at a webpage interface opt-out criteria inputted by the consumer; and
notifying at least one of the plurality of merchants and a direct marketer to cease sending targeted marketing items to the consumer based at least partially on the opt-out criteria.
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28. A method for monitoring credit report activity for a consumer, comprising:
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detecting a change in a credit report of the consumer; and
sending a message to the consumer if the credit report has changed to notify the consumer of a credit report activity associated with the credit report of the consumer.
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Specification