Kenneth T Shand

US Patent:

20050278249, Dec 15, 2005

Filed:

Jun 15, 2005

Appl. No.:

11/154417

Inventors:

Rodney Jones - Brush Prairie WA, US
Kenneth Shand - Beaverton OR, US

International Classification:

G06F017/60

US Classification:

705038000

Abstract:

The invented world-wide web-based financed-sale management method includes providing a computer with world-wide web access to databases including plural-customer credit ratings, plural-lender guidelines and user risk management guideline data; obtaining loan application data from a live customer; entering the loan application data into the computer over the world-wide web; and determining at the computer a best-fit lender based on accessed live customer credit rating data, plural-lender guidelines and risk management guideline data. The invented loan decision-facilitating computer software tool includes an iconographic display window associated with a computer, the window displaying a set of plural loan parameters, at least one of the parameters within the window being adjustable by user input; a first computer software mechanism responsive to user input on the at least one parameter, the mechanism calculating any changes to other of the plural loan parameters and updating the display window to reflect such any changes; a second computer software mechanism for analyzing the plural loan parameters within the display window and assigning a merit level to the loan represented by the plural loan parameters based upon defined merit criteria stored in the computer; and a graphic gauge in the display window coupled with the second computer software mechanism for indicating to the user the assigned merit level.