Patent ID: 8560444
Filing Date: 2013-10-15
Classification: G06Q

Abstract:
1. A method of presenting account payoff information to customers, comprising: receiving, at a computer system of a credit processing organization, from a client, classification information that is employed to classify the client's customers into at least a first class and a second class based on a customer's repayment history of a credit debt with the client, wherein the first class is entitled to a different interest rate on credit debt from the client than the second class; receiving, at the computer system of the credit processing organization, electronic data relating to a plurality of customers of the client, wherein the electronic data comprises a first repayment history of a credit debt for a first customer and a second repayment history of a credit debt for a second customer; evaluating, at the computer system of the credit processing organization, the first repayment history based at least in part on the classification information to determine that the first customer belongs in the first class; evaluating, at the computer system of the credit processing organization, the second repayment history based at least in part on the classification information to determine that the second customer belongs in the second class; preparing, at the computer system of the credit processing organization, an account statement for each customer in the first class, wherein: preparing, at the computer system of the credit processing organization, an account statement for each customer in the second class, wherein: transmitting, from the computer system of the credit processing organization, an electronic file comprising the account statements for the plurality of customers to a statement generator, wherein the statement generator produces printed account statements for mailing to customers; and wherein the account statement for each customer in the first and second class is accessible by the client.