Adjusted Net Income
First Claim
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1. A computer-assisted method comprising:
- generating an estimated charge off loss amount based on a number of days an account is delinquent;
adjusting a net income value for the account by the estimated charge off loss amount; and
outputting an adjusted net income value.
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Accused Products
Abstract
Techniques for enhanced assessment of the business value of an account and/or customer are disclosed. An adjusted net income value outputted by a system may be used by a financial institution, such as a bank, mortgage broker, lender, or credit card company, to better assess the business value and/or profitability of an account. For accounts that are delinquent at the end of an observation period, the adjusted net income value is equal to the net income minus the percentage of the past due balance that is predicted to get charged off. The percentage of the past due balance that is predicted to get charged off relates to the number of days the account has been delinquent.
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Citations
20 Claims
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1. A computer-assisted method comprising:
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generating an estimated charge off loss amount based on a number of days an account is delinquent; adjusting a net income value for the account by the estimated charge off loss amount; and outputting an adjusted net income value. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13)
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14. A tangible computer-readable medium storing computer-executable instructions that cause a processor to perform a method comprising:
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receiving a past due balance on an account; receiving a number of days the account is delinquent; multiplying the past due balance with a probability that the past due balance does not get paid based on the number of days of delinquency to generate an estimated charge off loss amount; adjusting a net income value for the account by the estimated charge off loss amount to generate an adjusted net income value; and outputting the adjusted net income value. - View Dependent Claims (15, 16, 17)
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18. A method comprising:
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generating an estimated charge off loss amount by multiplying a past due balance on an account with a probability that the past due balance does not get paid based on a number of days the account is delinquent; calculating a net income value for the account using at least one of;
interchange revenue, fee revenue, and predetermined costs associated with customer service communication;reducing the net income value for the account by the estimated charge off loss amount; and outputting an adjusted net income value for the account. - View Dependent Claims (19, 20)
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Specification