Patent ID: 8290840

Claim:
A method comprising: obtaining authorization from an individual to obtain credit information from a credit reporting bureau; and using one or more computer processing units, on a periodic basis: accessing credit information of the individual from a credit reporting bureau; based on at least the credit information of the individual, determining an amount of debt owed by the individual; classifying the amount of debt owed by the individual into a plurality of debt categories, based on indications in the credit information of types of debts associated with respective debts in the credit information; providing a user interface to the individual indicating respective amounts of debt owed by the individual in respective debt categories; receiving a selection of one or more of the debt categories to be insured; and determining how much of the amount of debt owed by the individual is to be covered by aggregated insurance benefits based on at least the selection of debt categories and the amounts of debt associated with the selected debt categories.