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10/09/07

7,280,980 Algorithm for explaining credit scores
  Issued: October 9, 2007
  Filed: July 30, 2001
  U.S. Class: 705/38
Abstract:  
An exemplary Web-based score explanation service typically requires only the credit bureau identifier, credit score, and up to four reason codes as input. The invention herein discloses an algorithm that is used to provide an explanation of the primary factors influencing the score, where a rich data feed is provided to the facility implementing the algorithm.

Posted by GEN-ERIC at 11:08:19 am into the following categories: Patents of the Day


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