Patent ID: 8135643

Claim:
A method of creating a collections model, the method comprising: (a) extracting historical tax data from an input source; (b) creating a data structure for a plurality of debtors, wherein for each debtor of said plurality of debtors, the data structure comprises a respective data entry for said each debtor, the respective data entry comprising tax form data for said each debtor; (c) appending raw credit data to the respective data entry for at least one of said plurality of debtors; (d) identifying a plurality of score bands, each score band being associated with a respective credit score range; and (e) using a computer processor to determine a respective scoring expression for each of said plurality of score bands, the respective scoring expression providing a respective collections score for a debtor based on a respective data entry for said debtor, the respective collections score being indicative of a propensity of said debtor to pay a respective owed amount, wherein a credit score of said debtor is within a credit score range corresponding to a score band of said plurality of score bands.