Automated credit application system
First Claim
1. A distributed computer program product having a plurality of program steps some of which are to be executed on each of a terminal at a dealer, a first computer at web site of said dealer, a second computer at a system host, and a third computer at one of a plurality of funding sources to implement and control an interactive credit application and routing system, each of said computers and said dealer terminal being connected to a communications medium, said program product comprising:
- means at said dealer web site for providing a credit application to be completed by a consumer;
means at said dealer web site for forwarding a completed credit application to said system host together with information that identifies said dealer;
means at said host for receiving said credit application from said dealer web site;
means at said host for selectively forwarding said received credit application to one or more of said plurality of funding sources;
means at said one or more of said plurality of funding sources for providing a funding decision to said host;
means at said host for receiving said funding decision from said at least one of said one or more of said plurality of funding sources; and
means at said host for forwarding said received funding decision to said dealer web site.
5 Assignments
0 Petitions
Accused Products
Abstract
A computer based credit application processing system provides a graphical user interface, automatic software update downloading, lender to lender routing of credit applications, and integration with in-house finance and insurance systems and third party data entry facilities, among other features. Web site linkage is also accommodated.
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Citations
22 Claims
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1. A distributed computer program product having a plurality of program steps some of which are to be executed on each of a terminal at a dealer, a first computer at web site of said dealer, a second computer at a system host, and a third computer at one of a plurality of funding sources to implement and control an interactive credit application and routing system, each of said computers and said dealer terminal being connected to a communications medium, said program product comprising:
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means at said dealer web site for providing a credit application to be completed by a consumer;
means at said dealer web site for forwarding a completed credit application to said system host together with information that identifies said dealer;
means at said host for receiving said credit application from said dealer web site;
means at said host for selectively forwarding said received credit application to one or more of said plurality of funding sources;
means at said one or more of said plurality of funding sources for providing a funding decision to said host;
means at said host for receiving said funding decision from said at least one of said one or more of said plurality of funding sources; and
means at said host for forwarding said received funding decision to said dealer web site. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
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12. A system for providing a closed loop credit decision process for a consumer at a dealer web site, said system comprising:
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a communications medium;
a host system to implement and control an interactive credit application and routing system;
said host system connected to said communications medium;
a dealer web site, said dealer web site connected to said communications medium;
said dealer web site for providing a credit application to be completed by a consumer and for forwarding a completed credit application to said host system together with information that identifies said dealer;
a plurality of funding sources connected to said communications medium; and
wherein said host system configured for receiving said credit application from said dealer web site and for selectively forwarding said received credit application to one or more of said plurality of funding sources, for receiving a funding decision from said at least one of said one or more of said plurality of funding sources; and
for forwarding said received funding decision to said dealer web site. - View Dependent Claims (13, 14, 15, 16, 17, 18, 19, 20, 21, 22)
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Specification