Inventors:
Mir Jafer Joffrey - Winnetka IL, US
International Classification:
G06Q 40/02
Abstract:
A computerized method of assisting a borrower obtain financing is disclosed. Potential financiers interested in making the type of financing being sought supply financier information, including a minimum credit benchmark. That information is stored in a database. A potential borrower enters financing information regarding a loan or credit card being sought. The potential borrower's credit benchmark is obtained. A computer uses the credit benchmark to form a stratification filter which is overlaid on the database to identify one or more “best” potential financiers for the desired financing. The “best” potential financier is queried to determine if they are interested in granting a loan to someone similarly situated as the potential borrower. If so, information is sent to that potential lender. Otherwise another “best” potential financier is queried.