Credit System with Over-Limit Analysis
First Claim
1. A credit system for analyzing a credit request in real-time, the system comprising:
- an first over-limit module configured to identify an over-limit amount in the credit request, and identify one of a plurality of over-limit cushions that corresponds with the credit request;
a second over-limit module in communication with the first over-limit module and configured to analyze the over-limit amount as a function of the over-limit cushion; and
a credit analysis system configured to approve or deny the credit request.
1 Assignment
0 Petitions
Accused Products
Abstract
An over-limit analysis system is presented for approving an over-limit amount in real-time and in response to a credit request from a borrower, which includes an over-limit amount. An over-limit cushion to which the borrower is entitled is determined by comparing financial and other information collected from the borrower to analogous account data relating to the credit accounts of other borrowers according to an optimal strategy. As a result, the borrower may be approved for an over-limit amount as a function of an over-limit cushion associated with accounts that have similar account-related data. So that the borrower'"'"'s credit account-related information may be compared with the account data of other borrowers, a segmentation model is used to organize the account data into segments according to one or more optimization constraints. Each segment is associated with an over-limit cushion so that the over-limit cushion for each segment is optimized according to one or more optimization constraints.
70 Citations
28 Claims
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1. A credit system for analyzing a credit request in real-time, the system comprising:
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an first over-limit module configured to identify an over-limit amount in the credit request, and identify one of a plurality of over-limit cushions that corresponds with the credit request; a second over-limit module in communication with the first over-limit module and configured to analyze the over-limit amount as a function of the over-limit cushion; and a credit analysis system configured to approve or deny the credit request. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21)
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22. A system for analyzing a credit request real-time, the system comprising:
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a means for receiving the credit request from an borrower, identifying an over-limit amount in the credit request, and identifying one of a plurality of over-limit cushions that corresponds with the credit request; a means for analyzing the over-limit amount as a function of the over-limit cushion; and a means for analyzing the credit request;
wherein the means for receiving, the means for approving or denying the over-limit amount, and/or the means for approving or denying the credit request are configured to communicate a result of the analysis of the credit request to the borrower.
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23. A system for analyzing an over-limit amount in a credit request in real-time, the method comprising:
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a first over-limit module configured to identify the over-limit amount in the credit request and to identify an over-limit cushion associated with the credit request; and a second over-limit module in communication with the first over-limit module and configured to analyze the over-limit amount as a function of the over-limit cushion.
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24. A method for analyzing a credit request in real-time, the method comprising:
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receiving the credit request from an borrower; identifying an over-limit amount in the credit request; identifying one of a plurality of over-limit cushions that corresponds with the credit request; analyzing the over-limit amount as a function of the over-limit cushion; and analyzing the credit request as a function of the over-limit amount. - View Dependent Claims (25, 26)
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27. A method of analyzing an over-limit amount in a credit request in real-time, the method comprising:
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identifying an over-limit amount in the credit request; identifying one of a plurality of over-limit cushions that corresponds with the over-limit amount; analyzing the over-limit amount as a function of the over-limit cushion. - View Dependent Claims (28)
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Specification