Patent ID: 7996305

Claim:
A computer implemented method for generating an electronic credit application, the method comprising: sending from a computer a first query to a first potential lender, the first potential lender effective to process a first credit application with first information fields, the first query requesting a first response including the first information fields; sending from the computer a second query to a second potential lender, the second potential lender effective to process a second credit application with second information fields, the second query requesting a second response including the second information fields; generating at the computer a dynamic credit application, the dynamic credit application including all of the first and second information fields including at least one field included in the first information fields but not included in the second information fields; receiving at the computer credit information for a consumer corresponding to the dynamic credit application; and generating at the computer respective fourth and fifth credit applications for the first and second potential lenders respectively based on the credit information received for the first credit application, the fourth credit application including the first information fields and fifth credit application including the second information fields.