SYSTEM AND METHODS FOR PRODUCING A CREDIT FEEDBACK LOOP

摘要

Some embodiments provide a credit feedback loop system that directly identifies credit that is available to a credit seeker based on recent credit that others with similar qualifications (e.g., credit scores) as the credit seeker have obtained. The credit feedback loop system establishes a reciprocal system to benefit credit providers and credit seekers. The credit providers participate by providing information about the credit they have recently extended to credit seekers. In return, the credit feedback loop system acts as a lead generation platform for the credit providers by identifying potential new credit seekers. A credit seeker benefits by obtaining a direct and accurate measure of its available credit without having to divulge confidential information. In so doing, the credit feedback loop system allows a credit seeker to accurately identify its available credit and be quasi-preapproved for credit without having to apply for credit from any single credit provider.