Method and apparatus for an account level offer of credit and real time balance transfer

US6324524A · kind A · utility

Assignee

• NEXTCARD, LLC · US

Inventors

• Jeremy R. Lent · Corte Madera, US
• Mary Lent · Corte Madera, US
• Eric R. Meeks · San Francisco, US
• Yinzi Cai · Fremont, US
• Timothy J. Coltrell · Danville, US
• David W. Dowhan · Mountain View, US

Key dates

• Filing date: Nov 3, 1998
• Grant date: Nov 27, 2001
• Expiry date: Nov 3, 2018

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/03
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A system and method are disclosed for presenting multiple custom offers to an applicant for credit over a network. The method includes obtaining a credit report containing applicant data. A plurality of offers are presented to the applicant. The plurality of offers are derived from the applicant data. The plurality of offers include different required balance transfers. A selected offer is obtained from the applicant.