System and Method for Trading Debt Instruments

• US 20120317016A1
• Filed: 06/08/2012
• Published: 12/13/2012
• Est. Priority Date: 06/09/2011
• Status: Abandoned Application

• Current Assignee: My Interest Broker LLC
• Original Assignee: My Interest Broker LLC
• Inventors: Hughes, David
• Application Number:
  US13/492,020
• Publication Number:
  US 20120317016A1
• Time in Patent Office: Days
• US Class Current: 705/38
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof

Abstract

A system for facilitating debt instrument transactions has a processor for communication with a plurality of remote computers via a network. The processor is configured to store a data structure in a memory. The data structure has data items associated together as a user profile. The data items comprise data representative of a financial condition and creditworthiness for a user associated with the user profile. The processor is further configured to complete a debt instrument transaction between the user and a lender in response to inputs from a plurality of the remote computers. The processor is further configured to detect the completed debt instrument transaction, and in response to detection of the completed debt instrument transaction, automatically update the stored user profile based on the completed debt instrument transaction and republish the updated user profile so a lender may extend an offer to the user regarding another debt instrument transaction.

Claims

1. A system for facilitating debt instrument transactions, the system comprising:

a processor for communication with a plurality of remote computers via a network; and

a memory;

the processor configured to;

store a data structure in the memory, the data structure comprising a plurality of data items associated together as a user profile, the data items comprising data representative of a financial condition and creditworthiness for a user associated with the user profile;

complete a debt instrument transaction between the user and a lender in response to inputs from a plurality of the remote computers;

detect the completed debt instrument transaction; and

in response to detection of the completed debt instrument transaction, automatically update the stored user profile based on the completed debt instrument transaction to thereby keep the user profile current such that a lender can review the updated user profile to make a decision on whether to extend an offer to the user regarding another debt instrument transaction.

2. The system of claim 1 wherein the user profile comprises data items representative of (1) an identity for the user, (2) an employment and income history for the user, (3) a credit financial condition for the user, (4) an automobile financial condition for the user, (5) a real estate financial condition for the user, and (6) an assets/liabilities condition for the user.

3. The system of claim 2 wherein the processor is further configured to (1) provide data to a first of the remote computers for populating at least one user interface screen displayed on the first remote computer, the provided data configured to solicit data from the user for populating the user profile, (2) receive data from the user for populating the user profile, and (3) store the received data in the user profile.

4. The system of claim 3 wherein the processor is further configured to (1) provide a second of the remote computers for operation by the lender with view access to the data within the stored user profile, (2) receive input from the second remote computer that is indicative of a request to extend a hard offer to the user with respect to a debt instrument transaction, (3) create a hard offer for the debt instrument transaction in accordance with the received input, (4) communicate the hard offer to the first remote computer for display thereon, and (5) receive input from the first remote computer indicative of an acceptance of the hard offer.

5. The system of claim 4 wherein the processor is further configured to (1) receive corroborating data from the first remote computer through the at least one user interface screen, the corroborating data comprising data that is representative of documentary supporting evidence with respect to at least one of the data items of the user profile, (2) store the corroborating data in association with the user profile, and (3) provide the second remote computer with access via a network to the corroborating data for use by the lender to make a decision regarding whether to extend a hard offer to the user with respect to a debt instrument transaction.

6. The system of claim 5 wherein the corroborating data comprises a copy of a governmental income tax return for the user.

7. The system of claim 5 wherein the corroborating data comprises a copy of a credit account statement for the user.

8. The system of claim 5 wherein the processor is further configured to permit the lender to select a type of debt instrument transaction for extending the hard offer to the user from among a plurality of types of debt instrument transactions, the plurality of debt instrument transaction types comprising at least two selected from the group consisting of (1) a transaction type to extend an amount of unsecured credit to the user, (2) transaction type for a credit account balance transfer, (3) a transaction type to extend an amount of secured credit to the user, (4) a transaction type for a mortgage, (5) a transaction type for a mortgage refinancing, (6) a transaction type for a home equity line of credit, and (7) a transaction type for an automobile loan.

9. The system of claim 5 wherein the processor is further configured to complete a second debt instrument transaction between the user and a lender based on the updated user profile without any further changes to the updated user profile by the user prior to the completion of the second debt instrument transaction.

10. The system of claim 5 wherein the processor is further configured to provide a secure workroom for collaboration between the user and the lender to complete the debt instrument transaction.

11. The system of claim 10 wherein the memory is further configured to store a plurality of trusted advisor profiles, each trusted advisor profile corresponding to a professional advisor, the user profile being associated with at least one trusted advisor profile, and wherein the processor is further configured to provide the professional advisor corresponding to the trusted advisor profile that is associated with the user profile with access to the hard offer for assisting the user with respect to whether to accept the hard offer.

12. The system of claim 10 wherein the memory is further configured to store a plurality of trusted advisor profiles, each trusted advisor profile corresponding to a professional advisor, the user profile being associated with at least one trusted advisor profile, and wherein the processor is further configured to provide the professional advisor corresponding to the trusted advisor profile that is associated with the user profile with access to the secure workroom for assisting the user to complete the debt instrument transaction.

13. The system of claim 12 wherein the trusted advisor profiles correspond to at least one member of the group consisting of an attorney, a financial advisor, and an accountant.

14. The system of claim 5 wherein the processor is further configured to (1) receive input from the first remote computer indicative of a sharing flag for the user profile, (2) store data representative of the sharing flag in association with the user profile, and (3) limit the viewability of the user profile to a lender based on the sharing flag.

15. The system of claim 5 wherein the processor is further configured to (1) receive input from the first remote computer indicative of at least one transaction interest for the user, (2) store data representative of the transaction interest in association with the user profile, and (3) limit a type of hard offer for a debt instrument transaction eligible for communication to the user in accordance with the transaction interest.

16. The system of claim 15 wherein the transaction interest comprises at least one member selected from the group consisting of a (1) credit account transaction interest, (2) an automobile loan transaction interest, (3) a home loan transaction interest, and (4) a loan consolidation transaction interest, and wherein the processor is further configured to provide data to the first remote computer for populating at least one user interface screen displayed on the first remote computer such that the at least one user interface screen is configured to list the group members as selectable options for the user to define the at least one transaction interest.

17. The system of claim 16 wherein the processor is further configured to (1) receive input from the first remote computer indicative of a priority with respect to a plurality of types of debt instrument parameters, (2) store data representative of the parameter priorities in association with the user profile, and (3) permit the lender to view the parameter priorities.

18. The system of claim 15 wherein the processor is further configured to (1) receive input from the first remote computer indicative of a priority with respect to a plurality of types of debt instrument parameters, (2) store data representative of the parameter priorities in association with the user profile, and (3) permit the lender to view the parameter priorities.

19. The system of claim 18 wherein the types of debt instrument parameters comprise at least two selected from the group consisting of (1) an interest rate parameter, (2) a monthly payment amount parameter, (3) a fees/closing costs amount parameter, and (4) a cash amount parameter, and wherein the processor is further configured to provide data to the first remote computer for populating at least one user interface screen displayed on the first remote computer such that the at least one user interface screen is configured to list the debt instrument parameter types as selectable options for the user to define the parameter priorities.

20. The system of claim 5 wherein the processor is further configured to create and administer an auction between a plurality of lenders with respect to a potential debt instrument transaction in response to a request from the first remote computer.

21. The system of claim 5 wherein the memory is configured to store a plurality of the user profile data structures for a plurality of different users, and wherein the processor is further configured to (1) define at least one search criterion in response to input from the second remote computer, (2) perform a search of a plurality of the user profiles to find any user profiles that match the defined at least one search criterion, and (3) communicate a result of the search to the second remote computer.

22. The system of claim 21 wherein the at least one search criterion comprises an interest rate paid by a user for a debt with reference to a threshold.

23. The system of claim 21 wherein the at least one search criterion comprises a geographic location for a user.

24. The system of claim 21 wherein the at least one search criterion comprises an amount of home equity for a user.

25. The system of claim 21 wherein the at least one search criterion comprises a debt-to-income ratio for a user.

26. The system of claim 21 wherein the at least one search criterion comprises a net worth for a user.

27. The system of claim 21 wherein the at least one search criterion comprises a credit score for a user.

28. The system of claim 21 wherein the at least one search criterion comprises an expressed interest by a user with respect to a particular type of debt instrument transaction.

29. The system of claim 5 wherein the memory is configured to store a plurality of the user profile data structures for a plurality of different users, and wherein the processor is further configured to (1) define at least one criterion for automatically generating a hard offer with respect to a debt instrument transaction in response to input from the second remote computer, (2) perform a search of a plurality of the user profile data structures to find any user profiles having parameters that match the defined at least one criterion, and (3) in response to the search finding a user profile that matches the defined at least one criterion, automatically generate a hard offer for a debt instrument transaction and communicating the generated hard offer to the user associated with the matching user profile.

30. The system of claim 29 wherein the processor is further configured to (1) define a plurality of parameters for inclusion in the automatically generated hard offer in response to input from the second remote computer, and (2) incorporate the defined parameters in an automatically generated hard offer.

31. The system of claim 29 wherein the at least one criterion comprises at least one member of the group consisting of (1) an interest rate paid by a user for a debt with reference to a threshold, (2) an amount of home equity for a user, (3) a debt-to-income ratio for a user, and (4) a net worth for a user.

32. The system of claim 29 wherein the at least one criterion comprises a plurality of criteria, the plurality of criteria comprising at least two members of the group consisting of (1) an interest rate paid by a user for a debt with reference to a threshold, (2) an amount of home equity for a user, (3) a debt-to-income ratio for a user, and (4) a net worth for a user.

33. The system of claim 29 wherein the at least one criterion comprises a plurality of criteria, the plurality of criteria comprising an expressed interest by a user with respect to a particular type of debt instrument transaction and at least one member of the group consisting of (1) an interest rate paid by a user for a debt with reference to a threshold, (2) an amount of home equity for a user, (3) a debt-to-income ratio for a user, and (4) a net worth for a user.

34. The system of claim 29 wherein the at least one criterion comprises a plurality of criteria, the plurality of criteria comprising a geographic location for a user and at least one member of the group consisting of (1) an interest rate paid by a user for a debt with reference to a threshold, (2) an amount of home equity for a user, (3) a debt-to-income ratio for a user, and (4) a net worth for a user.

35. The system of claim 29 wherein the processor is further configured to (1) define at least one acceptance criterion for at least one user profile in response to input from at least one first remote computer for a user associated with the at least one user profile, the at least one acceptance criterion for automatically accepting a hard offer with respect to a debt instrument transaction, and (2) for the at least one user profile, with respect to a received hard offer for a debt instrument transaction, (i) determine whether the received hard offer matches the defined at least one acceptance criterion, and (ii) in response to a determination that the received hard offer matches the defined at least one acceptance criterion, automatically accept the received hard offer.

36. The system of claim 5 wherein the processor is further configured to (1) define at least one acceptance criterion for the user profile in response to input from the first remote computer, the at least one acceptance criterion for automatically accepting a hard offer with respect to a debt instrument transaction, and (2) with respect to a received hard offer for a debt instrument transaction, (i) determine whether the received hard offer matches the defined at least one acceptance criterion, and (ii) in response to a determination that the received hard offer matches the defined at least one acceptance criterion, automatically accept the received hard offer.

37. The system of claim 36 wherein the at least one acceptance criterion comprises at least one member of the group consisting of (1) an interest rate for a debt instrument with reference to a threshold, (2) an origination fee for a debt instrument with reference to a threshold, (3) an amount of discount points for a debt instrument with respect to a threshold, (4) an amount for closing costs with respect to a threshold, (5) a term to maturity for a debt instrument with respect to a threshold, (6) an amortization duration for a debt instrument with respect to a threshold, and (7) a lender type for a lender associated with the hard offer.

38. The system of claim 36 wherein the at least one acceptance criterion comprises a plurality of acceptance criteria, the plurality of acceptance criteria comprising at least two members of the group consisting of (1) an interest rate for a debt instrument with reference to a threshold, (2) an origination fee for a debt instrument with reference to a threshold, (3) an amount of discount points for a debt instrument with respect to a threshold, (4) an amount for closing costs with respect to a threshold, (5) a term to maturity for a debt instrument with respect to a threshold, (6) an amortization duration for a debt instrument with respect to a threshold, and (7) a lender type for a lender associated with the hard offer.

39. The system of claim 5 wherein the completed debt instrument transaction comprises a transaction that changes an amount of credit that has been extended to the user to a new amount, the processor being configured to automatically update the user profile to reflect the new amount.

40. The system of claim 5 wherein the completed debt instrument transaction comprises a transaction that changes an interest rate for a debt owed by the user to a new interest rate, the processor being further configured to automatically update the user profile to reflect the new interest rate.

41. The system of claim 40 wherein the debt is a mortgage debt.

42. The system of claim 40 wherein the debt is an unsecured credit debt.

43. The system of claim 5 wherein the completed debt instrument transaction comprises a transaction that changes a mortgage owed by the user to a new mortgage amount, the processor being configured to automatically update the user profile to reflect the new mortgage amount.

44. The system of claim 5 wherein the memory is configured to store a plurality of the user profile data structures for a plurality of different users, and wherein the processor is further configured to (1) analyze a plurality of the user profile data structures to determine an average characteristic for a type of debt, (2) for at least one of the user profile data structures having a data item representative of that characteristic for that type of debt, compare that characteristic for that type of debt in the at least one user profile data structure with the average characteristic, and (3) communicate a result of the comparison to the user associated with at least one user profile data structure.

45. The system of claim 44 wherein the processor is further configured to analyze a plurality of the user profile data structures for a plurality of users within a defined geographic area to determine the average characteristic.

46. The system of claim 5 wherein the user profile data structure includes at least one data item that is representative of an interest rate for at least one debt of the user, wherein the memory is configured to store a plurality of the user profile data structures for a plurality of different users, and wherein the processor is further configured to (1) analyze a plurality of the user profile data structures to determine an average interest rate for a type of debt, (2) for at least one of the user profile data structures having a data item representative of an interest rate for that type of debt, compare the interest rate for that type of debt in the at least one user profile data structure with the average interest rate, and (3) communicate a result of the comparison to the user associated with at least one user profile data structure.

47. The system of claim 46 wherein the processor is further configured to analyze a plurality of the user profile data structures for a plurality of users within a defined geographic area to determine the average interest rate.

48. The system of claim 5 wherein the user profile is associated with a user who is an individual.

49. The system of claim 1 wherein the user profile is associated with a user that is a business entity, the user profile comprising data representative of (1) an identity for the business entity, (2) an annual profit history for the business entity, (3) a credit financial condition for the business entity, (4) an assets/liabilities condition for the business entity, (5) an amount of time in operation for the business entity, (6) a employee total for the business entity, and (7) a line of business for the business entity.

50. The system of claim 1 wherein the debt instrument transaction comprises a transaction to extend an amount of unsecured credit to the user.

51. The system of claim 1 wherein the debt instrument transaction comprises a credit account balance transfer.

52. The system of claim 1 wherein the debt instrument transaction comprises a transaction to extend an amount of secured credit to the user.

53. The system of claim 1 wherein the debt instrument transaction comprises a mortgage transaction.

54. The system of claim 1 wherein the debt instrument transaction comprises a mortgage refinancing transaction.

55. The system of claim 1 wherein the debt instrument transaction comprises a home equity line of credit transaction.

56. The system of claim 1 wherein the debt instrument transaction comprises an automobile loan transaction.

57. The system of claim 1 further comprising a server, wherein the processor and memory are resident on the server.

58. The system of claim 57 wherein the server comprises a plurality of networked servers, at least one of the servers hosting a website for interacting with the user and the lender.

59. The system of claim 1 wherein the processor comprises a plurality of processors.

60. A method for facilitating debt instrument transactions, the method comprising:

storing a data structure in a memory, the data structure comprising a plurality of data items associated together as a user profile, the data items comprising data representative of a financial condition and creditworthiness for a user associated with the user profile;

completing a debt instrument transaction between the user and a lender in response to inputs from a plurality of the remote computers received via a network;

detecting the completed debt instrument transaction; and

in response to detecting the completed debt instrument transaction, automatically updating the stored user profile based on the completed debt instrument transaction to thereby keep the user profile current such that a lender can review the updated user profile to make a decision on whether to extend an offer to the user regarding another debt instrument transaction; and

wherein the method steps are performed by a processor.

61. A system for facilitating debt instrument transactions, the system comprising:

a processor for communication with a plurality of remote computers via a network; and

a memory configured to store a plurality of user profile data structures, each user profile data structure being associated with a user and comprising a plurality of data items associated together, the data items comprising data representative of a financial condition and creditworthiness for the associated user;

the processor configured to;

define at least one criterion for automatically generating a hard offer with respect to a debt instrument transaction in response to input from the first of the remote computers for operation by a lender;

perform a search of a plurality of the user profile data structures to find any user profiles having parameters that match the defined at least one criterion;

in response to the search finding a user profile that matches the defined at least one criterion, automatically generate a hard offer for a debt instrument transaction; and

communicate the generated hard offer to a second of the remote computers for operation by the user associated with the matching user profile.

62. The system of claim 61 wherein the processor is further configured to (1) define a plurality of parameters for inclusion in the automatically generated hard offer in response to input from the first remote computer, and (2) incorporate the defined parameters in an automatically generated hard offer.

63. The system of claim 61 wherein the at least one criterion comprises at least one member of the group consisting of (1) an interest rate paid by a user for a debt with reference to a threshold, (2) an amount of home equity for a user, (3) a debt-to-income ratio for a user, and (4) a net worth for a user.

64. The system of claim 61 wherein the at least one criterion comprises a plurality of criteria, the plurality of criteria comprising at least two members of the group consisting of (1) an interest rate paid by a user for a debt with reference to a threshold, (2) an amount of home equity for a user, (3) a debt-to-income ratio for a user, and (4) a net worth for a user.

65. The system of claim 61 wherein the at least one criterion comprises a plurality of criteria, the plurality of criteria comprising an expressed interest by a user with respect to a particular type of debt instrument transaction and at least one member of the group consisting of (1) an interest rate paid by a user for a debt with reference to a threshold, (2) an amount of home equity for a user, (3) a debt-to-income ratio for a user, and (4) a net worth for a user.

66. The system of claim 61 wherein the at least one criterion comprises a plurality of criteria, the plurality of criteria comprising a geographic location for a user and at least one member of the group consisting of (1) an interest rate paid by a user for a debt with reference to a threshold, (2) an amount of home equity for a user, (3) a debt-to-income ratio for a user, and (4) a net worth for a user.

67. The system of claim 61 wherein the processor is further configured to (1) define at least one acceptance criterion for at least one of the user profiles in response to input from a remote computer for operation by the user associated with the at least one user profile, the at least one acceptance criterion for automatically accepting a hard offer with respect to a debt instrument transaction, and (2) for the at least one user profile, with respect to a received hard offer for a debt instrument transaction, (i) determine whether the received hard offer matches the defined at least one acceptance criterion, and (ii) in response to a determination that the received hard offer matches the defined at least one acceptance criterion, automatically accept the received hard offer.

68. The system of claim 61 wherein the user profile comprises data items representative of (1) an identity for the user, (2) an employment and income history for the user, (3) a credit financial condition for the user, (4) an automobile financial condition for the user, (5) a real estate financial condition for the user, and (6) an assets/liabilities condition for the user.

69. The system of claim 68 wherein each of at least a plurality of the user profile data structures further comprise corroborating data that is representative of documentary supporting evidence with respect to at least one of the data items of that user profile.

70. The system of claim 69 wherein the corroborating data comprises a copy of a governmental income tax return for the user.

71. The system of claim 69 wherein the corroborating data comprises a copy of a credit account statement for the user.

72. The system of claim 68 wherein the processor is further configured to perform the search by (1) analyzing a plurality of the user profile data structures to determine an average characteristic for a type of debt owed by a plurality of the users, (2) for a plurality of the user profile data structures having a data item indicative of that characteristic, comparing that characteristic in the plurality of user profile data structures with the average characteristic, and (3) based on the comparison, determining whether any of the user profile data structures are to be the subject of an automatically generated hard offer.

73. The system of claim 72 wherein the processor is further configured to perform the analysis with respect to a plurality of the user profile data structures for a plurality of users within a defined geographic area to determine the average characteristic.

74. The system of claim 68 wherein the processor is further configured to perform the search by (1) analyzing a plurality of the user profile data structures to determine an average interest rate for a type of debt owed by a plurality of the users, (2) for a plurality of the user profile data structures having a data item representative of an interest rate for that type of debt, comparing that interest rate in the plurality of user profile data structures with the average interest rate, and (3) based on the comparison, determining whether any of the user profile data structures are to be the subject of an automatically generated hard offer.

75. The system of claim 74 wherein the processor is further configured to perform the analysis with respect to a plurality of the user profile data structures for a plurality of users within a defined geographic area to determine the average interest rate.

76. A method for facilitating debt instrument transactions, the method comprising:

storing a plurality of user profile data structures in a memory, each user profile data structure being associated with a user and comprising a plurality of data items associated together, the data items comprising data representative of a financial condition and creditworthiness for the associated user;

defining at least one criterion for automatically generating a hard offer with respect to a debt instrument transaction in response to input via a network from a first remote computer operated by a lender;

performing a search of a plurality of the user profile data structures to find any user profiles having parameters that match the defined at least one criterion;

in response to the search finding a user profile that matches the defined at least one criterion, automatically generating a hard offer for a debt instrument transaction; and

communicating the generated hard offer via a network to a second remote computer operated by the user associated with the matching user profile; and

wherein the method steps are performed by a processor.

77. A system for facilitating debt instrument transactions, the system comprising:

a processor for communication with a plurality of remote computers via a network; and

a memory configured to store a user profile data structure, the user profile data structure being associated with a user and comprising a plurality of data items associated together, the data items comprising data representative of a financial condition and creditworthiness for the associated user;

the processor configured to;

define at least one acceptance criterion for the user profile in response to input from a remote computer, the at least one acceptance criterion for automatically accepting a hard offer with respect to a debt instrument transaction;

store the defined at least one acceptance criterion in the memory in association with the user profile data structure;

receive data corresponding to a hard offer for a debt instrument transaction that is directed toward the user profile;

determine whether the hard offer matches the defined at least one acceptance criterion; and

in response to a determination that the hard offer matches the defined at least one acceptance criterion, automatically accept the hard offer.

78. The system of claim 77 wherein the at least one acceptance criterion comprises at least one member of the group consisting of (1) an interest rate for a debt instrument with reference to a threshold, (2) an origination fee for a debt instrument with reference to a threshold, (3) an amount of discount points for a debt instrument with respect to a threshold, (4) an amount for closing costs with respect to a threshold, (5) a term to maturity for a debt instrument with respect to a threshold, (6) an amortization duration for a debt instrument with respect to a threshold, and (7) a lender type for a lender associated with the hard offer.

79. The system of claim 77 wherein the at least one acceptance criterion comprises a plurality of acceptance criteria, the plurality of acceptance criteria comprising at least two members of the group consisting of (1) an interest rate for a debt instrument with reference to a threshold, (2) an origination fee for a debt instrument with reference to a threshold, (3) an amount of discount points for a debt instrument with respect to a threshold, (4) an amount for closing costs with respect to a threshold, (5) a term to maturity for a debt instrument with respect to a threshold, (6) an amortization duration for a debt instrument with respect to a threshold, and (7) a lender type for a lender associated with the hard offer.

80. A method for facilitating debt instrument transactions, the method comprising:

storing a user profile data structure in a memory, the user profile data structure being associated with a user and comprising a plurality of data items associated together, the data items comprising data representative of a financial condition and creditworthiness for the associated user;

defining at least one acceptance criterion for the user profile in response to input from a remote computer, the at least one acceptance criterion for automatically accepting a hard offer with respect to a debt instrument transaction;

storing the defined at least one acceptance criterion in the memory in association with the user profile data structure;

receiving data corresponding to a hard offer for a debt instrument transaction that is directed toward the user profile;

determining whether the hard offer matches the defined at least one acceptance criterion; and

in response to a determination that the hard offer matches the defined at least one acceptance criterion, automatically accepting the hard offer; and

wherein the method steps are performed by a processor.

81. A system comprising:

a processor; and

a memory configured to store a plurality of user profile data structures, each user profile data structure being associated with a user and comprising a plurality of data items associated together, the data items comprising data representative of a financial condition and creditworthiness for the associated user, wherein at least a plurality of the user profile data structures comprise at least one data item representative of a debt owed by the associated user;

the processor configured to;

analyze a plurality of the user profile data structures to determine an average characteristic for a type of debt owed by a plurality of the users;

for a plurality of the user profile data structures having a data item indicative of that characteristic, compare that characteristic in the plurality of user profile data structures with the average characteristic; and

based on the comparison, for at least one of the compared user profile data structures, generate data indicative of how that characteristic for the at least one compared user profile differs from the average characteristic.

82. A method comprising:

analyzing a plurality of user profile data structures stored in a memory to determine an average characteristic for a type of debt owed by a plurality of the users, each user profile data structure being associated with a user and comprising a plurality of data items associated together, the data items comprising data representative of a financial condition and creditworthiness for the associated user, wherein at least a plurality of the user profile data structures comprise at least one data item representative of a debt owed by the associated user;

for a plurality of the user profile data structures having a data item indicative of that characteristic, comparing that characteristic in that plurality of user profile data structures with the average characteristic; and

based on the comparison, for at least one of the compared user profile data structures, generating data indicative of how that characteristic for the at least one compared user profile differs from the average characteristic; and

wherein the method steps are performed by a processor.

83. A system for facilitating debt instrument transactions, the system comprising:

a processor for communication with a plurality of remote computers via a network; and

a memory;

the processor configured to;

store a data structure in the memory, the data structure comprising a plurality of data items associated together as a user profile, the data items comprising data representative of a financial condition and creditworthiness for a user associated with the user profile;

provide a first of the remote computers for operation by a lender with access the user profile for a decision by the lender as to whether a hard offer for a debt instrument transaction is to be extended to the user associated with the user profile;

in response to input from the second remote computer, communicate a hard offer for a debt instrument transaction to a second of the remote computers for operation by the user associated with the user profile;

provide a secure workroom for collaboration between the user and the lender to complete the debt instrument transaction; and

complete a debt instrument transaction between the user and the lender in response to inputs from the user and the lender provided through the secure workroom.

84. The system of claim 83 wherein the processor is further configured to receive an acceptance of the communicated hard offer from the second remote computer prior to the collaboration within the secure workroom.

85. The system of claim 83 wherein the memory is further configured to store a plurality of trusted advisor profiles, each trusted advisor profile corresponding to a professional advisor, the user profile being associated with at least one trusted advisor profile, and wherein the processor is further configured to provide the professional advisor corresponding to the trusted advisor profile that is associated with the user profile with access to the hard offer for assisting the user with respect to whether to accept the hard offer.

86. The system of claim 83 wherein the memory is further configured to store a plurality of trusted advisor profiles, each trusted advisor profile corresponding to a professional advisor, the user profile being associated with at least one trusted advisor profile, and wherein the processor is further configured to provide the professional advisor corresponding to the trusted advisor profile that is associated with the user profile with access to the secure workroom for assisting the user to complete the debt instrument transaction.

87. The system of claim 86 wherein the trusted advisor profiles correspond to at least one member of the group consisting of an attorney, a financial advisor, and an accountant.

88. A method for facilitating debt instrument transactions, the method comprising:

storing a data structure in a memory, the data structure comprising a plurality of data items associated together as a user profile, the data items comprising data representative of a financial condition and creditworthiness for a user associated with the user profile;

providing a first of the remote computers operated by a lender with access the user profile for a decision by the lender as to whether a hard offer for a debt instrument transaction is to be extended to the user associated with the user profile;

in response to input from the second remote computer, communicating a hard offer for a debt instrument transaction to a second of the remote computers operated by the user associated with the user profile;

providing a secure workroom for collaboration between the user and the lender to complete the debt instrument transaction; and

completing a debt instrument transaction between the user and the lender in response to inputs from the user and the lender provided through the secure workroom; and

wherein the method steps are performed by a processor.

89. A system comprising:

a processor for communication with a plurality of remote computers via a network; and

a memory;

the processor configured to;

store a data structure in the memory, the data structure comprising a plurality of data items associated together as a user profile, the data items comprising data representative of a financial condition and creditworthiness for a user associated with the user profile, the data items being sufficient to meet application requirements for a plurality of different types of debt instruments;

define a permission access level for the user profile in response to user input from a remote computer via the network to thereby make data within the user profile anonymously viewable by a plurality of lenders such that the user is eligible to receive a plurality of hard offers for a plurality of debt instrument transactions from the without requiring the user to specifically apply for the debt instrument transactions;

permit the lenders to access the user profile through a plurality of remote computers via the network in accordance with the defined permission access level; and

generate at least one hard offer from a lender to the user for a debt instrument transaction based on the accessed user profile in response to input via the network from a remote computer associated with that lender.

90. A method comprising:

storing a data structure in a memory, the data structure comprising a plurality of data items associated together as a user profile, the data items comprising data representative of a financial condition and creditworthiness for a user associated with the user profile, the data items being sufficient to meet application requirements for a plurality of different types of debt instruments;

defining a permission access level for the user profile in response to user input from a remote computer via the network to thereby make data within the user profile anonymously viewable by a plurality of lenders such that the user is eligible to receive a plurality of hard offers for a plurality of debt instrument transactions from the without requiring the user to specifically apply for the debt instrument transactions;

permitting the lenders to access the user profile through a plurality of remote computers via the network in accordance with the defined permission access level; and

generating at least one hard offer from a lender to the user for a debt instrument transaction based on the accessed user profile in response to input via the network from a remote computer associated with that lender; and

wherein the method steps are performed by a processor.