The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Sep. 10, 2013
Filed:
Aug. 14, 2009
Agus Sudjianto, Matthews, NC (US);
Jie Chen, Charlotte, NC (US);
Meghan Alita Steach, Charlotte, NC (US);
Agus Sudjianto, Matthews, NC (US);
Jie Chen, Charlotte, NC (US);
Meghan Alita Steach, Charlotte, NC (US);
Bank of America Corporation, Charlotte, NC (US);
Abstract
Embodiments of the present invention relate to systems, methods and computer program products that model consumer leverage and provide a leading indicator that predicts increases or decreases in consumer net non-collectibles. To do so, for example, the present invention determines the growth of consumers' spending and borrowing, and tracks a relationship between the value of a ratio that compares consumers' spending and borrowing and the value of the equilibrium of the ratio that compares consumers' spending and borrowing. This relationship is then applied to predict changes in consumers' ability to repay borrowed funds and consumer net non-collectibles.