WO2011068756A3 - Systems and methods for evaluating the ability of borrowers to repay loans - Google Patents

Systems and methods for evaluating the ability of borrowers to repay loans Download PDF

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Publication number
WO2011068756A3
WO2011068756A3 PCT/US2010/058201 US2010058201W WO2011068756A3 WO 2011068756 A3 WO2011068756 A3 WO 2011068756A3 US 2010058201 W US2010058201 W US 2010058201W WO 2011068756 A3 WO2011068756 A3 WO 2011068756A3
Authority
WO
WIPO (PCT)
Prior art keywords
cash flows
systems
borrower
methods
cash
Prior art date
Application number
PCT/US2010/058201
Other languages
French (fr)
Other versions
WO2011068756A2 (en
Inventor
Robert A. Merkle
Original Assignee
Merkle Robert A
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Merkle Robert A filed Critical Merkle Robert A
Publication of WO2011068756A2 publication Critical patent/WO2011068756A2/en
Publication of WO2011068756A3 publication Critical patent/WO2011068756A3/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/22—Payment schemes or models
    • G06Q20/28—Pre-payment schemes, e.g. "pay before"
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/03—Credit; Loans; Processing thereof
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/38—Payment protocols; Details thereof
    • G06Q20/40—Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
    • G06Q20/401—Transaction verification
    • G06Q20/4016—Transaction verification involving fraud or risk level assessment in transaction processing
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/02—Banking, e.g. interest calculation or account maintenance

Abstract

Systems and methods are provided for evaluating the ability of a borrower to repay a potential or existing loan. The systems and methods can use daily cash flows of the borrower obtained from one or more transaction accounts of the borrower. The cash flows can correspond to a period preceding the time of the analysis, and can include the most recent cash flow information in the transaction account. The cash flows can be adjusted to account for seasonal and day to day variations in the cash flows. The adjusted or non-adjusted cash flows can be trended, and projections of the cash flows can be generated based on the trends. The projected cash flows can be evaluated to provide an indication of whether the cash flow of the borrower is and will remain sufficient to facilitate repayment of the loan.
PCT/US2010/058201 2009-12-04 2010-11-29 Systems and methods for evaluating the ability of borrowers to repay loans WO2011068756A2 (en)

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US12/631,724 US8706615B2 (en) 2009-12-04 2009-12-04 Systems and methods for evaluating the ability of borrowers to repay loans
US12/631,724 2009-12-04

Publications (2)

Publication Number Publication Date
WO2011068756A2 WO2011068756A2 (en) 2011-06-09
WO2011068756A3 true WO2011068756A3 (en) 2011-08-18

Family

ID=44082958

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2010/058201 WO2011068756A2 (en) 2009-12-04 2010-11-29 Systems and methods for evaluating the ability of borrowers to repay loans

Country Status (2)

Country Link
US (1) US8706615B2 (en)
WO (1) WO2011068756A2 (en)

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Also Published As

Publication number Publication date
US20110137788A1 (en) 2011-06-09
US8706615B2 (en) 2014-04-22
WO2011068756A2 (en) 2011-06-09

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