SYSTEM AND METHODS FOR REQUESTING, QUALIFYING, APPROVING AND CONFIRMING RESERVATION CONTRACTS

摘要

A system and method for qualifying parties to a reservation contract is presented (200). The system and method (120) preferably comprises a computer networked system for providing detailed information to consumers and service providers about the reliability of the consumer and/or service provider. The information may comprise a letter grade that describes the degree to which it is likely that either party will perform in accordance with the terms of a proposed reservation commitment. The invention presented renders it possible that the individual parties -- consumer and service provider alike-- may qualify (230) prospective corresponding parties using the pre-analyzed product of historic performance data acquired and accrued over time (570) and from a plurality of peer sources.