Patent ID: 7630932

Claim:
A loan rate analysis system, comprising a credit data repository maintaining credit history data associated with at least one entity; a credit scoring engine operative to receive credit report data relating to an individual or other entity and process the data against a credit scoring model to yield a credit score; a rate information database storing interest rate information for at least one loan type, and operative to return the interest rate(s) corresponding to a given credit score for at least one desired loan type; and a server operative to: receive requests from users over a computer network and transmit responses in return, to interact with a user to obtain information allowing for the retrieval of credit report data, interact with the credit data repository to obtain the credit history data associated with the user, transmit at least a portion of the credit history data to the scoring engine to receive a credit score in return, access the rate information database for current interest rate information for at least one loan type, and determine an interest rate for the loan type based on the interest rate information and the credit score associated with the user; and an interest rate calculator interface comprising a credit score field including a credit score value; a credit score field interface control allowing a user to change the credit score value in the credit score field; and an interest rate field displaying at least one loan type and a corresponding interest rate based at least in part on the current credit score value in the credit score field, wherein the interest rate displayed in the interest rate field of the calculator interface is responsive to manipulation of the credit score interface control; wherein the server is operative to populate the credit score field with the credit score obtained from the credit scoring system and the interest rate field from the interest rate data obtained from the rate information database.