Patent ID: 7720750

Claim:
A computer-implemented method for providing a consumer with personalized credit-related information based on credit history data of the consumer, comprising: electronically receiving a request from the consumer for personalized credit-related information; transmitting to a credit bureau, by a control module executed on a computer in response to the request from the consumer, an inquiry for credit history data relating to the consumer; receiving credit history data on the consumer in response to the inquiry; receiving a consumer-related record via at least one network, the consumer-related record being associated with the consumer and received from at least one database other than a database associated with the credit bureau; generating, by the control module executed on the computer, a summary report of personalized credit-related information based on the credit history data and the consumer-related record associated with the consumer, the summary report including a credit score and an explanatory statement suggesting at least one step to improve the credit score, wherein the explanatory statement suggesting at least one step to improve the credit score is based on the credit history data and the consumer-related record associated with the consumer; and transmitting, by the control module executed on the computer, the summary report to the consumer.