FINANCIAL DATA CLASSIFICATION SYSTEM

Systems and methods are described for classifying financial data to generate a financial health evaluation. In some cases, financial data relating to an entity may be obtained, where the financial data includes a plurality of transactions and at least one account balance for a time period. Each of the transactions and the account balance may be categorized into one of a plurality of data categories including: gross income, net income, debt, savings, expenses, liquid reserves, and late payments. The plurality of data categories may be used to determine a plurality of factor scores, where each of the plurality of factor scores include a relative metric of an aspect of a financial health evaluation. A weight may be associated to each of the plurality of factors scores to generate a plurality of weighted factor scores, whereby the weighted factors scores may be combined to generate the financial health evaluation.