Patent ID: 8694420

Claim:
A method for generating a credit risk report comprising: accessing computer-executable instructions from at least one computer-readable storage medium; and executing the computer-executable instructions, thereby causing computer hardware comprising at least one computer processor to perform operations comprising: receiving financial data about a consumer, wherein the financial data comprises at least credit data or debit data; assessing the financial data; selecting, based at least in part on the assessing of the financial data, a scorecard for generating a credit-worthiness score, wherein the scorecard is selected from one of a first scorecard that generates a credit-worthiness score based on credit data without reference to debit data, a second scorecard that generates a credit-worthiness score based on debit data without reference to credit data, and a third scorecard that generates a credit-worthiness score based on both credit data and debit data; generating a credit-worthiness score by applying the financial data to the selected scorecard; and providing a credit risk report that comprises the credit-worthiness score.