On-line consumer credit data reporting system

• US 6,311,169 B2
• Filed: 06/11/1998
• Issued: 10/30/2001
• Est. Priority Date: 06/11/1998
• Status: Expired due to Term

• Current Assignee: Consumer Credit Associates Incorporated
• Original Assignee: Consumer Credit Associates Incorporated
• Inventors: Duhon, Eric M.
• Primary Examiner(s): Kemper, Melanie A.
• Assistant Examiner(s): YOUNG, JOHN L
• Application Number:
  US09/095,779
• Publication Number:
  US 20010011245A1
• Time in Patent Office: 1,237 Days
• Field of Search: 705/38, 705/35, 705/1, 707/101
• US Class Current: 705/38
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/403 Solvency checks
• CPC Class Codes: G06Q 20/4037 Remote solvency checks
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• 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
• CPC Class Codes: G06Q 40/12 Accounting
• CPC Class Codes: G07F 7/08 by coded identity card or credit card or other personal identification means without personal verification means G07F7/02

Abstract

A consumer credit information data base controlled by a computerized system for storing current consumer credit information, as well as historical credit data information. The computerized system is programmed to present current and historical credit data information to on-line users so that better assessments can be made as to the credit worthiness of a consumer.

Claims

1. A computerized system for providing consumer credit information, comprising:

a computer system;

a data base for storing consumer credit information;

said computer system being programmed to store current credit information and programmed to store historical credit information for a period at least greater than twelve months; and

said computer system being programmed to provide data for screen displays showing historical credit information in graphical form, said historical credit information including dollar amount credit information for each period of a plurality of periods of historical times, thereby allowing a user of the computerized system to examine on a monetary basis a quality of a credit history.

2. The computerized system of claim 1, wherein said computer system is programmed to process a plurality of individual parameters related to the historical credit information and store data representative of the processed parameters so as to be automatically presented in a chronological order for said period.

3. The computerized system of claim 2, wherein said individual parameters include at least an account balance for each month for said period and a dollar amount payment history for each month for said period.

4. The computerized system of claim 1, wherein historical credit information is stored in said data base in association with respective consumers, and in association with each tradeline to which the respective consumers owed money for said period.

5. The computerized system of claim 2, wherein said computer system is programmed to display a bar graph depicting at least one said parameter for said period.

6. The computerized system of claim 5, wherein said computer system is programmed to display data comprising a parameter displayed as said bar graph, and programmed to display numerical data together with said bar graph.

7. The computerized system of claim 5, wherein said computer system is programmed to display said bar graph for a desired trade line.

8. The computerized system of claim 6, wherein said computer system is programmed to present said bar graph showing a first set of bars for an account balance, where each bar is representative of an account balance for an interval of one month, and programmed to present a second set of bars on said bar graph for past due amounts, where each bar of said second set is representative of a past due amount for an interval of one month.

9. The computerized system of claim 8, wherein said computer system is programmed to display numerical data with said bar graph, where said numerical data corresponds to data processed to produce said bar graph.

10. The computerized system of claim 1, wherein said computer system is programmed to display a plurality of parameters, each for said period, together as a single screen display.

11. The computerized system of claim 10, wherein each parameter of said plurality of parameters is selectable by an on-line user of said computerized system.

12. The computerized system of claim 5, wherein said period is divided into time intervals, and a length of said time intervals is selectable by an on-line user of said computerized system.

13. The computerized system of claim 1, wherein said computer system is programmed to display said historical credit information for a twenty-four month period in monthly intervals identified by a month and year, and programmed to display a plurality of trade lines and a payment delinquency of a consumer for each trade line for each said monthly interval.

14. The computerized system of claim 1, wherein said computer system is programmed to process address information for a plurality of consumers, and present on a screen display reported address data for each said consumer, and a date in which said address was reported as being associated with a respective consumer.

15. The computerized system of claim 14, wherein said computer system is programmed to display an accumulated number of sources reporting the respective address information.

16. The computerized system of claim 1, wherein said computer system is programmed to process social security number information for a plurality of consumers, and present on respective screen displays reported social security numbers for each said consumer, and a respective date in which said social security numbers were reported as being associated with the respective consumers.

17. A method of programming a computerized system to provide screen displays of consumer credit information, comprising the steps of:

storing in a data base a plurality of parameters of credit information for consumers, including a monthly installment current balance and a total monthly current balance, and maintaining the consumer credit information in said data base for at least a period of time greater than twelve months;

programming the computerized system to process the credit information maintained for said period of time;

programming the computerized system to provide graphical screen displays of the consumer credit information accumulated for each month for said period of time; and

programming the computerized system to allow selection by a user of one or more parameters to be displayed.

18. The method of claim 17, further including receiving information from a user for selecting plural graphical depictions of credit information to be presented on a single screen display.

19. A computerized system for providing consumer credit information, comprising:

a computer programmed to access one or more databases that store consumer credit information;

said computer being programmed to retrieve consumer credit information from said one or more databases and present together on a screen display tradeline information of a plurality of tradelines;

said computer being programmed to provide a point and click capability on one said tradeline to produce an overlay presentation on the screen display of more detailed consumer credit data related to the selected tradeline; and

said computer being programmed to present an overlay of a selected tradeline, including a bar graph illustrating a monthly balance of an account and showing monthly past due amounts of the account.