Patent ID: 7249076

Claim:
A method for offering credit and providing information on managing credit, the method comprising the steps of: obtaining credit information about a customer; obtaining a credit report on the customer; determining a credit score for the customer, the credit score being based in part on the credit report; providing initial credit management information to the customer, the initial credit management information being based on the credit report, and the initial credit management information being directed at improving the credit score of the customer; providing a credit account to the customer, the credit account being based on the credit score; reviewing a record of the use of the credit account by the customer; obtaining further credit reports on the customer, the further credit reports being obtained at set time intervals during the duration of the credit account; providing additional credit management information to the customer, the additional credit management information being based on the record of the use of the credit account, the further credit reports, and additional credit offers for which the customer, the record of the use of the credit account includes at least: amount and type of specific transactions made by the customer using the credit account and the customer's payment history; wherein a single institution performs the steps of providing initial credit management information to the customer, providing a credit account to the customer, providing additional credit management information to the customer, and wherein the additional credit offers for which the customer qualifies are extended from the single institution and include at least: credit offers with differing terms relative to terms of the credit account.