Patent №
US 7,340,434
Granted
2008-03-04
Filed 2001
Owner
CAPITAL ONE FINANCIAL CORPORATION
+1 more
Lab
—
AI components
2
kr · planning
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
09783980
A method and apparatus are provided for notifying a guarantor associated with a guaranteed loan of events likely to affect their interest in the guaranteed loan. The disclosed method and apparatus provides loan data with information on at least one guaranteed loan wherein the loan data includes information on the terms of the loan. The method and apparatus then monitors changes in the loan data and determines when changes in the loan data corresponding to the at least one guaranteed loan indicates a likelihood that the terms of the loan may not be met. Based on the determination the method and apparatus provides a notification to the guarantor based on the determination that the loan terms may not be met.
AI classification
Ownership
CAPITAL ONE FINANCIAL CORPORATION
assignment · 118200577
CAPITAL ONE SERVICES, LLC
assignment · 450960260
Assignors
SCHNALL, PETER A.
On an employer assignment, the assignors are typically the inventors.