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SYSTEMS AND METHODS FOR DETERMINING LOAN OPPORTUNITIES

  • US 20110213641A1
  • Filed: 05/11/2011
  • Published: 09/01/2011
  • Est. Priority Date: 11/07/2007
  • Status: Abandoned Application
First Claim
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1. A method of determining loan opportunities for a lender, the method comprising:

  • receiving a geographic region serviced by the lender;

    retrieving population data indicating an estimated number of adult individuals in the geographic region;

    retrieving data estimating a percentage of adults in the geographic region that are currently making payments on at least one loan of a type serviced by the lender;

    determining, by a computing device, an estimated number of individuals with outstanding loans in the geographic region based on the estimated number of adult individuals in the geographic region and the estimated percentage;

    retrieving an estimated number of current customers of the lender, wherein the estimated number of current customers of the lender is an approximate number of individuals with outstanding loans serviced by the lender;

    determining, by the computing device, an estimated number of potential customers of the lender in the geographic region, based on a difference between the number of individuals with outstanding loans and the number of current customers of the lender;

    segmenting, by the computing device, the estimated number of potential customers of the lender into a plurality of credit tiers;

    determining, by the computing device, average loan interest rates offered by the lender for respective credit tiers; and

    identifying one or more credit tiers for which the average loan interest rate offered by the lender is less than the average loan interest rate for the same credit tier.

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