06202053 is referenced by 312 patents and cites 18 patents.

The present invention is a method and apparatus that uses a plurality of predetermined segments to group credit applicants to evaluate each applicant's credit risk. The segments are based on at least one of reported trades, reported delinquency, bank card utilization, and length of said credit history. A score is generated for each applicant based on a unique scorecard designed for each segment The unique scorecards allow more accurate credit risk assessment by evaluating each applicant in view of that segment's tendency to be bad credit risks.

Title
Method and apparatus for generating segmentation scorecards for evaluating credit risk of bank card applicants
Application Number
9/12231
Publication Number
6202053 (B1)
Application Date
January 23, 1998
Publication Date
March 13, 2001
Inventor
Krishnakumar Srinivasan
Hockessin
DE, US
Jayashree Santosh Kolhatkar
West Chester
PA, US
Sangita Fatnani
Hockessin
DE, US
James Christiansen
Chanhassen
MN, US
Agent
Hunton & Williams
US
Assignee
First USA Bank NA
DE, US
IPC
G06F 17/60
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