CONSUMER BEHAVIORS AT LENDER LEVEL
First Claim
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1. An account default prediction method comprising:
- obtaining a first consumer default risk factor associated with a first consumer;
acquiring first credit card data associated with a first consumer, wherein said first credit card data is associated with a first lender;
obtaining a second consumer default risk factor associated with a second consumer;
acquiring second credit card data associated with a second consumer, wherein said second credit card data is associated with a first lender;
calculating a first lender default risk factor based upon said first consumer default risk factor and said second consumer default risk factor;
obtaining a third consumer default risk factor associated with a third consumer;
acquiring third credit card data associated with a third consumer, wherein said third credit card data is associated with a second lender;
obtaining a fourth consumer default risk factor associated with a fourth consumer;
acquiring fourth credit card data associated with a fourth consumer, wherein said fourth credit card data is associated with said second lender;
calculating a second lender default risk factor based upon said third consumer default risk factor and said fourth consumer default risk factor; and
ranking said first lender and said second lender based on said first lender default risk factor and said second lender default risk factor to create a default risk factor ranking.
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Abstract
The present invention generally relates to financial data processing, and in particular it relates to lender credit scoring, lender profiling, lender behavior analysis and modeling. More specifically, it relates to rating lenders based on data derived from their respective consumers. Also, the present invention relates to rating consumer lenders based on the predicted spend capacity of their consumers.
228 Citations
20 Claims
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1. An account default prediction method comprising:
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obtaining a first consumer default risk factor associated with a first consumer; acquiring first credit card data associated with a first consumer, wherein said first credit card data is associated with a first lender; obtaining a second consumer default risk factor associated with a second consumer;
acquiring second credit card data associated with a second consumer, wherein said second credit card data is associated with a first lender;calculating a first lender default risk factor based upon said first consumer default risk factor and said second consumer default risk factor; obtaining a third consumer default risk factor associated with a third consumer; acquiring third credit card data associated with a third consumer, wherein said third credit card data is associated with a second lender; obtaining a fourth consumer default risk factor associated with a fourth consumer;
acquiring fourth credit card data associated with a fourth consumer, wherein said fourth credit card data is associated with said second lender;calculating a second lender default risk factor based upon said third consumer default risk factor and said fourth consumer default risk factor; and ranking said first lender and said second lender based on said first lender default risk factor and said second lender default risk factor to create a default risk factor ranking. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15)
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16. A consumer spend prediction comprising:
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obtaining a first consumer spending pattern associated with a first consumer; acquiring first credit card data associated with a first consumer, wherein said first credit card data is associated with a first lender; obtaining a second consumer spending pattern associated with a second consumer; acquiring second credit card data associated with a second consumer, wherein said second credit card data is associated with a first lender; calculating a first lender spending pattern based upon said first consumer spending pattern and said second consumer spending pattern; obtaining a third consumer spending pattern associated with a third consumer; acquiring third credit card data associated with a third consumer, wherein said third credit card data is associated with a second lender; obtaining a fourth consumer spending pattern associated with a fourth consumer; acquiring fourth credit card data associated with a fourth consumer, wherein said fourth credit card data is associated with said second lender; calculating a second lender spending pattern based upon said third consumer spending pattern and said fourth consumer spending pattern; and ranking said first lender and said second lender based on said first lender spending pattern and said second lender spending pattern to create a lender spending pattern ranking. - View Dependent Claims (17)
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18. A computer readable medium bearing instructions for calculating an account default prediction, the instructions, when executed, being arranged to cause one or more processors to perform the steps of:
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obtaining a first consumer default risk factor associated with a first consumer; acquiring first credit card data associated with a first consumer, wherein said first credit card data is associated with a first lender; obtaining a second consumer default risk factor associated with a second consumer; acquiring second credit card data associated with a second consumer, wherein said second credit card data is associated with a first lender; calculating a first lender default risk factor based upon said first consumer default risk factor and said second consumer default risk factor; obtaining a third consumer default risk factor associated with a third consumer; acquiring third credit card data associated with a third consumer, wherein said third credit card data is associated with a second lender; obtaining a fourth consumer default risk factor associated with a fourth consumer; acquiring fourth credit card data associated with a fourth consumer, wherein said fourth credit card data is associated with said second lender; calculating a second lender default risk factor based upon said third consumer default risk factor and said fourth consumer default risk factor; and ranking said first lender and said second lender based on said first lender default risk factor and said second lender default risk factor to create a default risk factor ranking. - View Dependent Claims (19, 20)
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Specification