Patent Application number: 11/238,584 Publication number: US 2006/0287947 A1 Filing date: Sep 29, 2005.
ISSN/ISBN: Not available at this time. DOI: Not available at this time.
Abstract: Methods, means and apparatus for performing a payment risk assessment include training a predictive model with past unsecured credit application data with good and bad outcomes and inputting a new unsecured credit application into the predictive model to produce an assessment of the risk that the unsecured credit applicant will not pay. In addition, methods and means of providing a service to perform a payment risk assessment for credit applications are described including training a predictive model with past unsecured credit application data with good and bad outcomes, offering to perform a payment risk assessment for credit applications in return for a fee, receiving only unsecured credit applications and inputting a new unsecured credit application into the predictive model to produce an assessment of the risk that the unsecured credit applicant will not pay.
Bibtex:
@Misc{,
AUTHOR = {Toms, Alvin David},
TITLE = {Non-payment risk assessment},
HOWPUBLISHED = {Patent Application number: 11/238,584 Publication number: US 2006/0287947 A1},
YEAR = {2005},
MONTH = {September},
NOTE = {Filing date: Sep 29, 2005},
}
Reference Type: Patent
Subject Area(s): Accounting