SYSTEMS AND METHODS FOR EVALUATING THE ABILITY OF BORROWERS TO REPAY LOANS

SYSTEMS AND METHODS FOR EVALUATING THE ABILITY OF BORROWERS TO REPAY LOANS

Systems and methods are provided for evaluating the ability of a borrower to repay a potential or existing loan. The systems and methods can use daily cash flows of the borrower obtained from one or more transaction accounts of the borrower. The cash flows can correspond to a period preceding the ti...

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Bibliographische Detailangaben
1. Verfasser: MERKLE ROBERT A
Format: Patent
Sprache:eng
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:Systems and methods are provided for evaluating the ability of a borrower to repay a potential or existing loan. The systems and methods can use daily cash flows of the borrower obtained from one or more transaction accounts of the borrower. The cash flows can correspond to a period preceding the time of the analysis, and can include the most recent cash flow information in the transaction account. The cash flows can be adjusted to account for seasonal and day to day variations in the cash flows. The adjusted or non-adjusted cash flows can be trended, and projections of the cash flows can be generated based on the trends. The projected cash flows can be evaluated to provide an indication of whether the cash flow of the borrower is and will remain sufficient to facilitate repayment of the loan.