Credit repair by analysis of trade line properties

Abstract

A method for taking appropriate action on a credit report for an individual based on analysis of properties of at least some of the trade lines of the credit report. Upon accessing the credit report, each of at least some of the trade lines in the credit report are processed by 1) identifying one or more properties of the subject trade line, 2) performing one or more removal success rate estimations for similar trade lines having at least one like property compared to the subject trade line, and 3) calculating at least one removability index (e.g., an item removal difficulty index or an item removal speed index) for the subject trade line based on the removal success estimation(s). The calculated removability indices are then aggregated for multiple trade lines, and the course of action for the credit report as a whole is determined based on the removability indices.

1 - 20 . (canceled) 
     
     
         21 . A method for sequentially dispatching credit report intercession letter for a credit report, the method comprising:
 accessing a credit report for an individual;   for each of at least some of the plurality of trade lines in the credit report, performing the following:
 identifying a set of one or more properties of the trade line; 
 performing at least one removal success rate estimation for trade lines having all or a subset of the set of one or more properties; and 
 calculating at least one removability index for the trade line based on the at least one removal success estimation, wherein each of the removability index includes at least one of a removal difficulty index representing a relative estimated difficulty in removing the trade line, and a removal speed index representing a relative estimated speed in removing the trade line; 
   sequencing initiation of intercession associated with trade lines corresponding to the calculated removability indices at least in part based on the at least one calculated removability index; and   performing initiation of intercession in accordance with the sequence, wherein when it is time to initiate intercession associated with a trade line, a physical letter relating to the trade line is mailed to a creditor associated with the trade line, or a credit bureau associated with the credit report.   
     
     
         22 . The method in accordance with  claim 21 , wherein the set of one or more properties of the trade line comprises at least one of a severity type of the trade line, whether the trade line is installment or revolving, a balance range, a utilization ratio range, and a creditor identity. 
     
     
         23 . A computer-implemented method comprising:
 an act of a computing system accessing computer-executable instructions, and executing those computer-executable instructions using one or more digital processors thereby causing the following to be performed for each of at least some of a plurality of trade lines in a credit report:
 an act of a trade line characterization module accessing a digital representation of the trade line, identifying a set of one or more properties of the trade line using the accessed digital representation of the trade line, and providing a digital representation of the set of one or more properties; 
 an act of a removal success rate module referencing the digital representation of the set of one or more properties to perform at least one removal success rate estimation for trade lines having all or a subset of the set of one or more properties, formulating a digital representation of each removal success rate estimation, and providing the digital representation of each of the at least one removal success rate estimation; and 
 an act of a removability index calculation module referencing the digital representation of the at least one removal success rate estimation to calculate at least one removability index for the trade line, formulating a digital representation of each calculated removability index, and providing the digital representation of each of the at least one removability index; 
   an act of a computing system accessing computer-executable instructions, and executing those computer-executable instructions using one or more digital processors thereby causing a business logic module to reference digital representations of removability indices corresponding to trade lines of the credit report to determine a course of action for the credit report of the individual based on the digital representation of the calculated removability indices.   
     
     
         24 . The method in accordance with  claim 23 , wherein the set of one or more properties of at least one of the trade lines having a digital representation accessed by the trade line characterization module comprises a severity type of the trade line. 
     
     
         25 . The method in accordance with  claim 23 , wherein the set of one or more properties of at least one of the trade lines having a digital representation accessed by the trade line characterization module comprises whether the trade line is installment or revolving. 
     
     
         26 . The method in accordance with  claim 23 , wherein the set of one or more properties of at least one of the trade lines having a digital representation accessed by the trade line characterization module comprises a balance range. 
     
     
         27 . The method in accordance with  claim 23 , wherein the set of one or more properties of at least one of the trade lines having a digital representation accessed by the trade line characterization module comprises a creditor identity. 
     
     
         28 . The method in accordance with  claim 23 , wherein at least one of the removal success rate estimations having a digital representation formed by the removal success rate module comprises:
 a historical success rate for trade lines for trade lines having a first property of the set of one or more properties of the trade line.   
     
     
         29 . The method in accordance with  claim 28 , wherein historical success rate is a first historical success rate, the at least one of the removal success rate estimations having the digital representation formed by the removal success rate module further comprising:
 a second historical success rate for trade lines having a second property of the set of one or more properties of the trade line.   
     
     
         30 . The method in accordance with  claim 28 , wherein historical success rate is a first historical success rate, the at least one of the removal success rate estimations having the digital representation formed by the removal success rate module further comprising:
 a second historical success rate for trade lines having at least a second property and a third property of the set of one or more properties of the trade line.   
     
     
         31 . The method in accordance with  claim 23 , wherein the at least one removal success rate comprises a single historical success rate for trade lines having all of the set of one or more properties of the trade line. 
     
     
         32 . The method in accordance with  claim 23 , wherein the determined course of action includes sequencing initiation of intercession associated with trade lines corresponding to the calculated removability indices at least in part based on the calculated removability indices. 
     
     
         33 . The method in accordance with  claim 32 , wherein the sequencing intercession is also performed at least based in part on client preference. 
     
     
         34 . The method in accordance with  claim 23 , wherein the determined course of action is calculating a relative difficulty in improving the credit report based on the aggregated plurality of removability indices. 
     
     
         35 . The method in accordance with  claim 34 , wherein the determined course of action is also estimating a risk of attrition of a client requesting improvement of a credit report of the individual, the estimated risk of attrition at least based on the calculated relative difficulty in improving the credit report, as well as calculated relative difficulty in improving previous instances of the credit report of the individual. 
     
     
         36 . The method in accordance with  claim 34 , further comprising performing additional client communications based on the calculated difficulty in improving the credit report. 
     
     
         37 . The method in accordance with  claim 23 , wherein the determined course of action is estimating a risk of attrition of a client requesting improvement of a credit report of the individual. 
     
     
         38 . The method in accordance with  claim 37 , wherein estimating the risk of attrition of the client is further based on demographic client demographics. 
     
     
         39 . The method in accordance with  claim 37 , wherein estimating the risk of attrition of the client is further based on a results rate in improving the credit report. 
     
     
         40 . A computer program product comprising one or more computer-readable storage media having thereon computer-executable instructions that are structured such that, when executed by one or more physical processors of the computing system, cause the computing system to instantiate and/or operate the following:
 a trade line characterization module configured to 1) access a digital representation of a trade line of at least some of a plurality of trade lines, and 2) identify a set of one or more properties of each accessed trade line using the accessed digital representation of the trade line;   a removal success rate module configured to 1) reference a digital representation of the set of one or more properties identified by the trade line characterization module, 2) perform at least one removal success rate estimation for trade lines having all or a subset of the set of one or more properties, and 3) formulate a digital representation of each removal success rate estimation; and   a removability index calculation module configured to 1) reference the digital representation of the at least one removal success rate estimation formulated by the removal success rate module, 2) calculate at least one removability index for the trade line based on the referenced at least one removal success rate estimation, and 3) formulate a digital representation of each calculated removability index; and   a business logic module configured to 1) reference digital representations of removability indices corresponding to trade lines of the credit report and formulated by the removability index calculation module, and 2) determine a course of action for the credit report of the individual based on the digital representation of the calculated removability indices provided by the removability index calculation module.   
     
     
         41 . The computer program product in accordance with  claim 40 , wherein the set of one or more properties of the trade line comprises a creditor identity. 
     
     
         42 . The computer program product in accordance with  claim 40 , wherein the at least one removal success rate estimation comprises:
 a historical success rate for trade lines for trade lines having a first property of the set of one or more properties of the trade line.   
     
     
         43 . The computer program product in accordance with  claim 40 , wherein the at least one removability index comprises a removal difficulty index representing a relative estimated difficulty in removing the trade line. 
     
     
         44 . The computer program product in accordance with  claim 40 , wherein the at least one removability index also comprises a removal speed index representing a relative estimated speed in removing the trade line. 
     
     
         45 . The computer program product in accordance with  claim 40 , wherein the determined course of action includes sequencing initiation of intercession associated with trade lines corresponding to the calculated removability indices at least in part based on the calculated removability indices. 
     
     
         46 . The method in accordance with  claim 21 , wherein the at least one removability index comprises a removal difficulty index representing a relative estimated difficulty in removing the trade line. 
     
     
         47 . The method in accordance with  claim 21 , wherein the at least one removability index also comprises a removal speed index representing a relative estimated speed in removing the trade line. 
     
     
         48 . The method in accordance with  claim 21 , further comprising:
 initiating intercession in accordance with the sequencing.