Patent ID: 7689503
Filing Date: 2010-03-30
Classification: G06Q

Abstract:
1. A computer-implemented method of detecting predatory lending in connection with one or more loans, comprising: receiving information pertaining to the one or more loans using a computer system; storing general loan information at the computer system; comparing using the computer system the information for each loan to at least one predatory lending rule and to the general loan information to detect one or more variances therebetween, each variance having a certain degree; scoring each variance based upon the degree thereof using the computer system, whereby knowledge of the at least one predatory lending rule on behalf of a user of the system is not required; calculating a total numeric risk score for each loan based on scored variances using the computer system; assigning using the computer system a risk category to the loan based on the total numeric risk score; and displaying a computer screen including the total numeric risk score and the risk category for each loan to a user of the system.