Invention Grant
- Patent Title: Method and apparatus for monitoring guaranteed loans and notifying guarantors
- Patent Title (中): 监督担保贷款和通知担保人的方法和手段
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Application No.: US12068428Application Date: 2008-02-06
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Publication No.: US07702552B2Publication Date: 2010-04-20
- Inventor: Peter A. Schnall
- Applicant: Peter A. Schnall
- Applicant Address: US VA McLean
- Assignee: Capital One Financial Corporation
- Current Assignee: Capital One Financial Corporation
- Current Assignee Address: US VA McLean
- Agency: Finnegan, Henderson, Farabow, Garrett & Dunner, L.L.P.
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
A method and apparatus are provided for notifying a guarantor associated with a guaranteed loan of events likely to affect their interest in the guaranteed loan. The disclosed method and apparatus provides loan data with information on at least one guaranteed loan wherein the loan data includes information on the terms of the loan. The method and apparatus then monitors changes in the loan data and determines when changes in the loan data corresponding to the at least one guaranteed loan indicates a likelihood that the terms of the loan may not be met. Based on the determination the method and apparatus provides a notification to the guarantor based on the determination that the loan terms may not be met.
Public/Granted literature
- US20080215481A1 Method and apparatus for monitoring guaranteed loans and notifying guarantors Public/Granted day:2008-09-04
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