Patent ID: 8930251
Filing Date: 2015-01-06
Classification: G06Q

Abstract:
1. A method of providing debt information for a plurality of debt accounts associated with a user, the method comprising: receiving consumer information identifying a consumer; transmitting at least some of the consumer information to a credit data source that maintains historical credit information for a plurality of consumers; receiving credit information associated with the consumer from the credit data source; detecting, by a computing device, a plurality of financial accounts in the received credit information; for each of the plurality of financial accounts: determining, by the computing device, a total estimated outstanding balance for the consumer based at least in part on the respective outstanding balances for each of the plurality of financial accounts; determining, by the computing device, a total minimum monthly payment amount based at least in part on the respective periodic minimum payment amounts and payoff dates for each of the plurality of financial accounts; receiving a selected payoff date from the consumer indicating when the consumer would like to have all of the plurality of financial accounts paid in full; and determining a total periodic payment amount indicating an amount the consumer must pay on a periodic basis toward the plurality of financial accounts to pay off all of the plurality of financial accounts by the selected payoff date, the total periodic payment amount determined based on at least