Methods and apparatus for determining credit limit extensions for financial accounts
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United States of America Patent
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N/A
Issued Date -
Oct 16, 2003
app pub date -
Mar 26, 2002
filing date -
Mar 26, 2002
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A system, method, apparatus, means, and computer program code for determining allowable credit limit extensions for account holders of financial products and accounts and, more particularly, for determining if an increase of an account holder's credit limit can be allowed during one or more transactions. According to embodiments of the present invention, a method may include determining at least one set of allowable credit limit extensions for a respective at least one segment of account holders of financial products or accounts. If more than one set of allowable credit limit extensions are determined, the method may include determining an objective and selecting one of the sets based on the objective.
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