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Systems and Methods for Minimizing Effects of Authorized User Credit Tradelines

  • US 20090106141A1
  • Filed: 10/23/2008
  • Published: 04/23/2009
  • Est. Priority Date: 10/23/2007
  • Status: Active Grant
First Claim
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1. A method for evaluating the credit risk of an individual or entity associated with a plurality of trade lines, the method comprising the steps of:

  • identifying each of the plurality of trade lines for which the individual or entity is an authorized user;

    combining at least one characteristic of all said authorized user trade lines to produce an authorized user trade line total;

    combining the at least one characteristic of all of the plurality of trade lines for which the individual or entity is a base user to produce a base user trade line total;

    calculating a ratio between the authorized user trade line total and the base user trade line total, wherein the ratio is indicative of a likelihood that the individual or entity is attempting to misrepresent the risk associated with their credit; and

    generating an alert should the ratio exceed a user-defined amount.

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