METHOD FOR PROVIDING CREDIT OFFERING AND CREDIT MANAGEMENT INFORMATION SERVICES
First Claim
1. A method for offering credit and providing information on managing credit, the method comprising the steps of:
- obtaining credit information about a customer;
obtaining a credit score for the customer;
providing initial credit management information to the customer, the initial credit management information being based on the credit report, and the initial credit management information being directed at improving the credit score of the customer;
providing a credit account to the customer, the credit account being based on the credit score;
reviewing a record of the use of the credit account by the customer;
obtaining further credit reports on the customer, the further credit reports being obtained during the duration of the credit account; and
providing credit management information to the customer, the credit management information being based on data representative of the use of the credit account, the further credit reports, and additional credit offers for which the customer qualifies;
wherein a single institution performs the steps of providing initial credit management information to the customer, providing a credit account to the customer, and providing additional credit management information to the customer.
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Accused Products
Abstract
The present invention is related to a method for issuing a credit card to a customer in combination with providing credit management information services for the customer. Customers are solicited by various means and a credit account is offered to the customer. The exact terms of the credit account offered depend on the creditworthiness of the customer. The customer also receives credit management information services including information as to what actions the customer could take to improve the customer'"'"'s credit rating and improve the terms of the credit account. After a credit account is issued to the customer, the customer receives additional and on-going credit management information services, including credit management information based on the customer'"'"'s use of the credit account.
269 Citations
18 Claims
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1. A method for offering credit and providing information on managing credit, the method comprising the steps of:
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obtaining credit information about a customer;
obtaining a credit score for the customer;
providing initial credit management information to the customer, the initial credit management information being based on the credit report, and the initial credit management information being directed at improving the credit score of the customer;
providing a credit account to the customer, the credit account being based on the credit score;
reviewing a record of the use of the credit account by the customer;
obtaining further credit reports on the customer, the further credit reports being obtained during the duration of the credit account; and
providing credit management information to the customer, the credit management information being based on data representative of the use of the credit account, the further credit reports, and additional credit offers for which the customer qualifies;
wherein a single institution performs the steps of providing initial credit management information to the customer, providing a credit account to the customer, and providing additional credit management information to the customer.
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2. A method for providing a credit account and providing information on managing the credit account comprising:
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providing initial credit management information service to a customer;
providing a credit account to the customer, wherein the terms and conditions of the credit account are initially based on a credit score; and
providing additional credit management information services to the customer, wherein the additional credit management information services are provided by an entity with an affiliation with an entity that provides the credit account and an entity that provides the initial credit management information service to the customer, and wherein the additional credit management information services include offers for additional credit accounts for which the customer qualifies. - View Dependent Claims (3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13)
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14. A method for providing a credit account and providing information on managing a credit account, the method comprising:
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obtaining a credit score for the customer;
providing a credit account to the customer; and
providing on-going credit management information services to the customer for the credit account, wherein the on-going credit management information services are provided by an entity with a relationship with an entity providing the credit account and wherein the on-going credit management information services includes data representative of reward points awarded to the customer for achieving predefined objectives. - View Dependent Claims (15, 16, 17, 18)
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Specification