Encrypted credit application processing system and method
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
N/A
Issued Date -
Nov 18, 2004
app pub date -
May 12, 2003
filing date -
May 12, 2003
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A method for processing credit applications, including several steps. A credit request is received including consumer identification data. Credit report data is received corresponding to the consumer identification data. The credit report data is organized to form formatted credit report data. Consumer identification data is removed from the formatted credit report data and credit request data to form anonymized credit data. Pre-defined application data, credit report data, and credit request data characteristics are appended. The anonymized credit data is encrypted to form an encrypted credit file. The encrypted credit file is transmitted to a lending institution. A response is received indicating credit approval corresponding to the encrypted credit file.
First Claim
Family
International Classification(s)
Cited Art Landscape
Patent Citation Ranking
Advertisement
Advertisement
Advertisement
Recipient Email Address
Recipient Email Address
Comment
Recipient Email Address
Add to Portfolio(s)
To add this patent to one, or more, of your portfolios, simply click the add button.
This Patent is in these Portfolios:
Add to additional portfolios:
Last Refreshed On:
Changes done successfully