Patent ID: 8335739
Filing Date: 2012-12-18
Classification: G06Q

Abstract:
1. A computer-implemented method for providing credit to a customer based on use of an account indicating that the customer of a financial institution is a good credit risk comprising: facilitating a loan transaction between a customer of the financial institution and another party; receiving, at the financial institution, value from the another party to fund a preliminary account for the customer, wherein the preliminary account is associated with at least one predetermined action that may be performed with respect to the preliminary account, and the performance of the at least one predetermined action indicates that the customer is a good credit risk; providing the preliminary account to the customer; electronically monitoring, using a monitoring computer associated with the financial institution, the preliminary account for the at least one predetermined action; and providing a credit account to the customer based on the performance of the at least one predetermined action, wherein the credit account is associated with predetermined credit account parameters.