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Method and apparatus for managing credit limits

  • US 7,844,518 B1
  • Filed: 04/19/2005
  • Issued: 11/30/2010
  • Est. Priority Date: 11/30/2004
  • Status: Active Grant
First Claim
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1. A computer-implemented method for managing credit limits, the method comprising the steps of:

  • identifying, by a computer, a plurality of credit limits associated with a client, wherein the plurality of credit limits each represent a maximum credit amount that may be extended to the client;

    calculating, by the computer, historical usage statistics for each of the plurality of credit limits, wherein the historical usage statistics comprise a frequency of use of each of the plurality of credit limits; and

    changing, by the computer, a first credit limit from within the plurality of credit limits by reallocating credit limits between at least one of the plurality of credit limits and the first credit limit based at least upon the historical usage statistics.

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