Personal credit management and monitoring system and method

• US 20060178971A1
• Filed: 12/20/2005
• Published: 08/10/2006
• Est. Priority Date: 12/20/2004
• Status: Abandoned Application

• Current Assignee: Armorpoint, Inc.
• Original Assignee: Armorpoint, Inc.
• Inventors: Owen, John Sheldon, Deere, Emily, Weinberg, James
• Application Number:
  US11/314,200
• Publication Number:
  US 20060178971A1
• Time in Patent Office: Days
• US Class Current: 705/35
• 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

Abstract

This document discloses fully-integrated consumer credit management and identity theft detection, protection and resolution systems, methods, and computer program products. These solutions enable consumers to manage the entire lifecycle of their credit profile and personal identity through a simple integrated application that combines credit management, credit monitoring, identity theft detection, and identity restoration. The credit management and identity theft protection system integrates the complexities of credit reports and identity theft protection into a single solution giving consumers more control over their financial future than conventional systems.

Claims

1. A personal credit management system comprising:

a desktop application having a display section to display financial and personal information of a user,

a quick view display tool to display a summary of the financial and personal information, the quick view display tool having a plurality of display tools for displaying one of a plurality of categories of the financial and personal information, each of the plurality of display tools being associated with an information section that is generated and displayed coincidently in the display section.

2. The system in accordance with claim 1, wherein the plurality of display tools includes an accounts summary display tool to display a summary of one or more financial accounts related to the user.

3. The system in accordance with claim 1, wherein the plurality of display tools includes a real estate display tool to display a summary of the user'"'"'s real estate-related financial information,

4. The system in accordance with claim 1, wherein the plurality of display tools includes an installments display tool to display a summary of the user'"'"'s installment payment-related financial information.

5. The system in accordance with claim 1, wherein the plurality of display tools includes a revolving display tool to display a summary of the user'"'"'s revolving credit line-related financial information.

6. A method for managing credit information, comprising:

receiving two or more credit reports via an electronic communications network;

displaying information from the two or more credit reports in a table such that similar information from each of the credit reports is displayed side-by-side; and

identifying a discrepancy among the similar information from the two or more credit reports.

7. A method in accordance with claim 6, further comprising:

automatically generating a message for at least one source of the two or more credit reports; and

receiving user input in the message for delivery to the at least one source.

8. A method in accordance with claim 7, wherein the user input includes an explanation for the discrepancy.

9. A method in accordance with claim 8, wherein the user input includes a question for the at least one source relating to the discrepancy.

10. A method in accordance with claim 7, further comprising transmitting the message to the at least one source.

11. A method in accordance with claim 10, further comprising storing the transmitted message in a database.

12. A method in accordance with claim 6, wherein the credit report is associated with one or more credit accounts related to a user, and wherein the method further comprises determining a grade for each one of the one or more credit accounts.

13. A method in accordance with claim 12, wherein the one or more credit accounts includes a tradeline or individual account.

14. A method in accordance with claim 12, further comprising generating a graphical symbol representing the grade for each one of the one or more credit accounts.

15. A method in accordance with claim 14, further comprising displaying the graphical symbol representing the grade in a section of a website.

16. A method in accordance with claim 14, wherein the graphical symbol includes an alphanumeric character.

17. A method in accordance with claim 16, wherein the alphanumeric character is a letter selected from the group of letters that consists of:

A, B, C, D, and F.

18. A method in accordance with claim 14, wherein the graphical symbol includes a hyperlink to detailed information about the grade.

19. A method in accordance with claim 18, wherein the detailed information includes credit scoring information.

20. A method in accordance with claim 19, further comprising:

displaying a representation of an impact the detailed information has on the user'"'"'s credit score.