06088686 is referenced by 672 patents and cites 7 patents.

A user-friendly on-line computerized system operates in real-time thus streamlining the processing of applications for products and services offered by a financial institution. The system automates many steps in the credit and liability review and approval process, performs background credit worthiness evaluations based upon a applicant's credit score, financial information and new or existing relationship with the financial institution, recommends to those applicants who exceed the initial criteria for credit consideration specific credit products with predetermined credit qualified offer amounts, and ensures the required operating (credit/liability) policies are appropriately completed. The system immediately analyzes an applicant's credit bureau history and automated credit scoring, and provides these results to the LBR. The system also takes into account information relating to the applicant's new or existing relationship with the financial institution, if any, into the credit decision request. This enables the system to provide applicants with an up-front conditional approval (based on systematic evaluation of credit bureau history, credit score, debt burden, and applicant's new or existing relationship deposits), subject to required verifications.

Title
System and method to performing on-line credit reviews and approvals
Application Number
8/758770
Publication Number
6088686
Application Date
December 3, 1996
Publication Date
July 11, 2000
Inventor
Glenn Marino
Cincinnati
OH, US
Richard Musci
Raleigh
NC, US
Dennis Seib
St. Peters
MO, US
Charles G Dean Jr
Villa Park
IL, US
Mona Mayr
Naperville
IL, US
Lawrence J Sussman
New York
NY, US
Darcy Walker
Chicago
IL, US
Agent
Kilpatrick Stockton
Agent
George T Marcou
Assignee
Citibank N A
NY, US
IPC
G06F 15/163
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