EVENT-DRIVEN CREDIT OFFERS

• US 20090259585A1
• Filed: 04/09/2008
• Published: 10/15/2009
• Est. Priority Date: 04/09/2008
• Status: Abandoned Application

• Current Assignee: General Electric Capital Corporation (General Electric Company)
• Original Assignee: General Electric Capital Corporation (General Electric Company)
• Inventors: Stone, Robert, Loskove, Daniel, Gangelhoff, Debra, Molnar, John, Booth, Shari, Beirne, Kenneth
• Application Number:
  US12/099,853
• Publication Number:
  US 20090259585A1
• Time in Patent Office: Days
• US Class Current: 705/38
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof

Abstract

A system may include detection of an event indicating a potential future credit need, identification of a person based on data associated with the event, determination of a credit product based on the detected event, and determination of whether the person qualifies for the credit product based on a creditworthiness of the person. In some aspects, the determination of whether the person qualifies for the credit product includes determination of a creditworthiness requirement associated with the credit product, and determination of whether the creditworthiness of the person satisfies the creditworthiness requirement.

Claims

1. A method comprising:

detecting an event indicating a potential future credit need;

identifying a person based on data associated with the event;

determining a credit product based on the detected event; and

determining whether the person qualifies for the credit product based on a creditworthiness of the person.

2. A method according to claim 1, wherein the event comprises one or more of:

a purchase of an instruction guide, an information inquiry, completion of a design, a service order, or a request for quote.

3. A method according to claim 1, wherein determining the credit product comprises:

determining that the person is not a current holder of the credit product.

4. A method according to claim 1, wherein determining the credit product comprises:

determining that the credit product has not been offered to the person within a prior specified time period.

5. A method according to claim 1, wherein determining whether the person qualifies for the credit product comprises:

determining a creditworthiness requirement associated with the credit product; and

determining whether the creditworthiness of the person satisfies the creditworthiness requirement.

6. A method according to claim 5, wherein determining whether the creditworthiness of the person satisfies the creditworthiness requirement comprises:

providing the creditworthiness requirement and identification information of the person to a credit bureau.

7. A method according to claim 1, further comprising:

offering the credit product to the person.

8. A method according to claim 7, wherein offering the credit product to the person comprises:

initiating mailing of a mail piece to the person, the mail piece including a firm offer of the credit product.

9. A computer-readable medium storing processor-executable process steps, the process steps comprising:

a step to detect an event indicating a potential future credit need;

a step to identify a person based on data associated with the event;

a step to determine a credit product based on the detected event; and

a step to determine whether the person qualifies for the credit product based on a creditworthiness of the person.

10. A medium according to claim 9, wherein the event comprises one or more of:

a purchase of an instruction guide, an information inquiry, completion of a design, a service order, or a request for quote.

11. A medium according to claim 9, the step to determine the credit product comprising:

a step to determine that the person is not a current holder of the credit product.

12. A medium according to claim 9, the step to determine the credit product comprising:

a step to determine that the credit product has not been offered to the person within a prior specified time period.

13. A medium according to claim 9, the step to determine whether the person qualifies for the credit product comprising:

a step to determine a creditworthiness requirement associated with the credit product; and

a step to determine whether the creditworthiness of the person satisfies the creditworthiness requirement.

14. A medium according to claim 13, the step to determine whether the creditworthiness of the person satisfies the creditworthiness requirement comprising:

a step to provide the creditworthiness requirement and identification information of the person to a credit bureau.

15. A medium according to claim 9, the process steps further comprising:

a step to offer the credit product to the person.

16. A medium according to claim 15, wherein the step to offer the credit product to the person comprises:

a step to initiate mailing of a mail piece to the person, the mail piece including a firm offer of the credit product.