Segmenting multiple repayment schemes

Abstract

A consumer may view a transaction account statement in a GUI. The transaction account issuer may utilize batch processed data and real time data to determine an eligibility for fixed fee payment plans. The consumer may be presented with the option to place a single transaction into a fixed fee payment plan by selecting the transaction. The fixed fee payment plan may comprise a fixed monthly cost. The monthly cost may be calculated to be equal to or less than the amount the consumer would pay if the transaction were subject to the transaction account APR. The transaction account may have a minimum amount due for the fixed fee payment plan and a minimum amount due for the revolving APR balance each month.

What is claimed is: 
     
         1 . A method comprising:
 performing, by a computer-based system, a batch processing event;   storing, by the computer-based system, batch processed data from the batch processing event in a datastore;   storing, by the computer-based system, a real time event in a cache;   determining, by the computer-based system and based on the batch processed data and the real time event, that a consumer is eligible for a fixed fee payment plan;   presenting, by the computer-based system, a list of transactions for a transaction account of the consumer in a graphical user interface;   receiving, by the computer-based system, first input comprising a selection of a first transaction; and   creating, by the computer-based system and in response to the first input, a fixed fee payment plan including the first transaction.   
     
     
         2 . The method of  claim 1 , further comprising presenting, by the computer-based system, a plurality of durations for the fixed fee payment plan. 
     
     
         3 . The method of  claim 1 , further comprising:
 receiving, by the computer-based system, second input comprising a selection of a second transaction, wherein the fixed fee payment plan includes the second transaction in addition to the first transaction; and   removing, by the computer-based system, the first transaction and the second transaction from a revolving APR balance of the transaction account.   
     
     
         4 . The method of  claim 1 , further comprising:
 estimating, by the computer-based system, an APR total cost of borrowing for the fixed fee payment plan;   calculating, by the computer-based system and based on the estimating the APR total cost of borrowing, a fixed finance charge rate;   calculating, by the computer-based system and based on the fixed finance charge rate, a fixed finance charge amount; and   presenting, by the computer-based system, the fixed finance charge amount in the graphical user interface.   
     
     
         5 . The method of  claim 4 , further comprising calculating, by the computer-based system, a monthly fixed fee minimum amount due, wherein the monthly fixed fee minimum amount due comprises:
 an amount of the fixed fee payment plan divided by a number of months of the fixed fee payment plan; plus   the fixed finance charge amount.   
     
     
         6 . The method of  claim 1 , further comprising:
 calculating, by the computer-based system, a minimum amount due for the transaction account based on a revolving APR minimum amount due and a fixed fee minimum amount due; and   presenting, by the computer-based system, the minimum amount due for the transaction account in the graphical user interface.   
     
     
         7 . The method of  claim 1 , further comprising:
 calculating, by the computer-based system, a fixed fee minimum amount due;   receiving, by the computer-based system, a payment to the transaction account, wherein the payment is equal to or greater than a sum of a revolving APR balance and the fixed fee minimum amount due;   revolving, by the computer-based system, a remaining balance of the transaction account without charging an APR finance charge to the transaction account;   charging, by the computer-based system, a fixed fee finance charge on a subsequent statement period; and   exempting, by the computer-based system, a new transaction from the APR finance charge.   
     
     
         8 . An article of manufacture including a non-transitory, tangible computer readable storage medium having instructions stored thereon that, in response to execution by a computer-based system, cause the computer-based system to perform operations comprising:
 performing, by the computer-based system, a batch processing event;   storing, by the computer-based system, batch processed data from the batch processing event in a datastore;   storing, by the computer-based system, a real time event in a cache;   determining, by the computer-based system and based on the batch processed data and the real time event, that a consumer is eligible for a fixed fee payment plan;   presenting, by the computer-based system, a list of transactions for a transaction account in a graphical user interface;   receiving, by the computer-based system, first input comprising a selection of a first transaction; and   creating, by the computer-based system and in response to the first input, a fixed fee payment plan including the first transaction.   
     
     
         9 . The article of  claim 8 , the operations further comprising presenting, by the computer-based system, a plurality of durations for the fixed fee payment plan. 
     
     
         10 . The article of  claim 8 , the operations further comprising:
 receiving, by the computer-based system, second input comprising a selection of a second transaction, wherein the fixed fee payment plan includes the second transaction in addition to the first transaction; and   removing, by the computer-based system, the first transaction and the second transaction from a revolving APR balance of the transaction account.   
     
     
         11 . The article of  claim 8 , the operations further comprising:
 estimating, by the computer-based system, an APR total cost of borrowing for the fixed fee payment plan;   calculating, by the computer-based system and based on the estimating the APR total cost of borrowing, a fixed finance charge rate;   calculating, by the computer-based system and based on the fixed finance charge rate, a fixed finance charge amount; and   presenting, by the computer-based system, the fixed finance charge amount in the graphical user interface.   
     
     
         12 . The article of  claim 11 , the operations further comprising calculating, by the computer-based system, a monthly fixed fee minimum amount due, wherein the monthly fixed fee minimum amount due comprises:
 an amount of the fixed fee payment plan divided by a number of months of the fixed fee payment plan; plus   the fixed finance charge amount.   
     
     
         13 . The article of  claim 8 , the operations further comprising:
 calculating, by the computer-based system, a minimum amount due for the transaction account based on a revolving APR minimum amount due and a fixed fee minimum amount due; and   presenting, by the computer-based system, the minimum amount due for the transaction account in the graphical user interface.   
     
     
         14 . The article of  claim 8 , the operations further comprising:
 calculating, by the computer-based system, a fixed fee minimum amount due;   receiving, by the computer-based system, a payment to the transaction account, wherein the payment is equal to or greater than a sum of a revolving APR balance and the fixed fee minimum amount due;   revolving, by the computer-based system, a remaining balance of the transaction account without charging an APR finance charge to the transaction account;   charging, by the computer-based system, a fixed fee finance charge on a subsequent statement period; and   exempting, by the computer-based system, a new transaction from the APR finance charge.   
     
     
         15 . A system comprising:
 a processor;   a tangible, non-transitory memory configured to communicate with the processor;   the tangible, non-transitory memory having instructions stored thereon that, in response to execution by the processor, cause the processor to perform operations comprising:   performing, by the processor, a batch processing event;   storing, by the processor, batch processed data from the batch processing event in a datastore;   storing, by the processor, a real time event in a cache;   determining, by the processor and based on the batch processed data and the real time event, that a consumer is eligible for a fixed fee payment plan;   presenting, by the processor, a list of transactions for a transaction account in a graphical user interface;   receiving, by the processor, first input comprising a selection of a first transaction; and   creating, by the processor and in response to the first input, a fixed fee payment plan including the second transaction.   
     
     
         16 . The system of  claim 15 , the operations further comprising presenting, by the processor, a plurality of durations for the fixed fee payment plan. 
     
     
         17 . The system of  claim 15 , the operations further comprising:
 receiving, by the processor, second input comprising a selection of a second transaction, wherein the fixed fee payment plan includes the second transaction in addition to the first transaction; and   removing, by the processor, the first transaction and the second transaction from a revolving APR balance of the transaction account.   
     
     
         18 . The system of  claim 15 , the operations further comprising:
 estimating, by the processor, an APR total cost of borrowing for the fixed fee payment plan;   calculating, by the processor and based on the estimating the APR total cost of borrowing, a fixed finance charge rate;   calculating, by the processor and based on the fixed finance charge rate, a fixed finance charge amount; and   presenting, by the processor, the fixed finance charge amount in the graphical user interface.   
     
     
         19 . The system of  claim 18 , the operations further comprising calculating, by the processor, a monthly fixed fee minimum amount due, wherein the monthly fixed fee minimum amount due comprises:
 an amount of the fixed fee payment plan divided by a number of months of the fixed fee payment plan; plus   the fixed finance charge amount.   
     
     
         20 . The system of  claim 15 , the operations further comprising:
 calculating, by the processor, a minimum amount due for the transaction account based on a revolving APR minimum amount due and a fixed fee minimum amount due; and   presenting, by the processor, the minimum amount due for the transaction account in the graphical user interface.