CREDIT MANAGEMENT COURSE
First Claim
1. A method for teaching how a borrower'"'"'s FICO credit score may increase or decrease as one or more categories of information is changed, where the significance of modifying any one category by a borrower depends on other categories of information in the credit report that make up the score and how a change in any one category has an affect on an increase or decrease of a credit score, said categories comprise bills;
- balances;
debt;
credit history;
new credit accounts;
credit file;
unused credit cards;
new credit cards;
new accounts; and
rate shopping, the method comprising the steps of influencing the score to increase by paying bills on time.
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Accused Products
Abstract
A method for teaching how a borrower'"'"'s FICO credit score may increase or decrease as one or more of the categories of information in a credit report is changed. The significance of modifying any one category by a borrower depends on other categories of information in the credit report that makes up the score, and a change in any one category has an effect on an increase or decrease of a credit score. The categories of information are bills; balances; debt; credit history; new credit accounts; credit file; unused credit cards; new credit cards; new accounts; and rate shopping.
151 Citations
20 Claims
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1. A method for teaching how a borrower'"'"'s FICO credit score may increase or decrease as one or more categories of information is changed, where the significance of modifying any one category by a borrower depends on other categories of information in the credit report that make up the score and how a change in any one category has an affect on an increase or decrease of a credit score, said categories comprise bills;
- balances;
debt;
credit history;
new credit accounts;
credit file;
unused credit cards;
new credit cards;
new accounts; and
rate shopping, the method comprising the steps of influencing the score to increase by paying bills on time. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20)
- balances;
Specification
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- Resources
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Current AssigneeChristopher Allen Wilkelis
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Original AssigneeChristopher Allen Wilkelis
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InventorsWilkelis, Christopher Allen
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Application NumberUS12/501,083Publication NumberTime in Patent OfficeDaysField of SearchUS Class Current434/109CPC Class CodesG09B 19/18 Book-keeping or economics
