Patent ID: 8571976
Filing Date: 2013-10-29
Classification: G06Q

Abstract:
1. A method implemented by a programmed computer system for managing debt issued by a borrower, comprising: obtaining, with the computer system, an expected principal amortization period associated with a first credit, the first credit issued by a borrower and included in a debt; adjusting, with the computer system, the expected principal amortization period associated with the first credit, said adjustment of the expected principal amortization period associated with the first credit resulting in an extension of the expected principal amortization period associated with the first credit; and applying, during a time period when a benchmark interest rate is below a predetermined interest rate level, at least part of an amount made available from the adjustment made with the computer system to at least partially defease a second credit, wherein the second credit is issued by the borrower and included in the debt.