Systems and Methods for Modifying Consumer Credit Data
First Claim
1. A method for modifying a consumer'"'"'s credit data, comprising:
- receiving, with processing circuitry, consumer data identifying a consumer;
receiving, with the processing circuitry, at least one credit goal;
retrieving, with the processing circuitry, credit tradeline data using the consumer data, the credit tradeline data associated with at least one credit tradeline of the consumer;
simulating, with the processing circuitry, one or more changes to the credit tradeline data to generate a corresponding simulation;
determining, with the processing circuitry, whether the simulation achieves the at least one credit goal; and
generating an action plan with the processing circuitry, the action plan comprising one or more steps for the consumer to achieve the at least one credit goal;
wherein the one or more steps comprise making the one or more changes corresponding to the simulation if the simulation achieves the at least one credit goal.
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Accused Products
Abstract
Aspects of the present invention include methods and systems useful for modifying a consumer'"'"'s credit data. This can be achieved by receiving and analyzing consumer data and a credit goal of the consumer. A simulation can be performed, simulating one or more changes to tradeline data of the consumer and determining if the simulation achieves the at least one credit goal of the consumer. If so, an action plan can be generated, including one or more steps for the consumer to carry out to achieve the at least one credit goal. Credit tradeline data of the consumer can be monitored, and from the observed data, it can be determined if the at least one credit goal has been achieved. If so, aspects of the invention can include notifying a lender that the at least one goal has been achieved.
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Citations
20 Claims
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1. A method for modifying a consumer'"'"'s credit data, comprising:
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receiving, with processing circuitry, consumer data identifying a consumer; receiving, with the processing circuitry, at least one credit goal; retrieving, with the processing circuitry, credit tradeline data using the consumer data, the credit tradeline data associated with at least one credit tradeline of the consumer; simulating, with the processing circuitry, one or more changes to the credit tradeline data to generate a corresponding simulation; determining, with the processing circuitry, whether the simulation achieves the at least one credit goal; and generating an action plan with the processing circuitry, the action plan comprising one or more steps for the consumer to achieve the at least one credit goal; wherein the one or more steps comprise making the one or more changes corresponding to the simulation if the simulation achieves the at least one credit goal. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A method for modifying a consumer'"'"'s credit data, comprising:
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generating, with a credit processing system comprising processing circuitry, an enrollment interface configured to receive consumer data comprising information that identifies a consumer; transmitting, with the credit processing system, the enrollment interface for display to the consumer in association with an undesirable credit event with a lender; receiving from the enrollment interface, with the credit processing system, the consumer data and at least one credit goal associated with the undesirable credit event, the at least one credit goal comprising transformation of the undesirable credit event to a desirable credit event; retrieving, with the credit processing system, credit tradeline data for the consumer using the consumer data, the credit tradeline data associated with at least one credit tradeline of the consumer; simulating, with the credit processing system, one or more changes to the credit tradeline data to generate a corresponding simulation; determining, with the credit processing system, whether the simulation achieves the at least one credit goal; generating an action plan with the credit processing system, the action plan comprising one or more steps for the consumer to achieve the at least one credit goal, the one or more steps comprising making the one or more changes corresponding to the simulation if the simulation achieves the at least one credit goal; monitoring the credit tradeline data with the credit processing system; detecting from the credit tradeline data, with the credit processing system, if the at least one credit goal is achieved; and notifying, with the credit processing system, the lender that the at least one credit goal has been achieved. - View Dependent Claims (12)
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13. A credit processing system, comprising:
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processing circuitry, the processing circuitry comprising one or more processors and a data memory module coupled to the one or more processors, the data memory module comprising instructions executable by the one or more processors that upon execution cause the one or more processors to; generate, with the processing circuitry, an enrollment interface in association with an undesirable credit event for a consumer, the enrollment interface configured to receive one or more credit goals and consumer data comprising information that identifies the consumer; receive from the enrollment interface, with the processing circuitry, the consumer data and at least one credit goal associated with the undesirable credit event, the at least one credit goal comprising transformation of the undesirable credit event to a desirable credit event; retrieve, with the processing circuitry, credit tradeline data for the consumer using the consumer data, the credit tradeline data associated with at least one credit tradeline of the consumer; simulate, with the processing circuitry, one or more changes to the credit tradeline data to generate a corresponding simulation; determine, with the processing circuitry, whether the simulation achieves the at least one credit goal; generate an action plan with the processing circuitry, the action plan comprising one or more steps for the consumer to achieve the at least one credit goal, the one or more steps comprising making the one or more changes corresponding to the simulation if the simulation achieves the at least one credit goal; monitor the credit tradeline data with the processing circuitry, detect from the credit tradeline data, with the processing circuitry, if the at least one credit goal is achieved; and notify a lender, with the processing circuitry, that the at least one credit goal has been achieved. - View Dependent Claims (14, 15, 16, 17, 18, 19, 20)
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Specification