Millie E Trent

US Patent:

20030229589, Dec 11, 2003

Filed:

Jun 7, 2002

Appl. No.:

10/165788

Inventors:

Brenda Rosenblatt - Omaha NE, US
Yung-Li Lin - Omaha NE, US
Millie Trent - Omaha NE, US
Allen Kurth - Bellevue NE, US
Robert Mills - Omaha NE, US
Bruce Lindell - Bellevue NE, US

Assignee:

First Data Corporation - Greenwood Village CO

International Classification:

G06F017/60

US Classification:

705/040000

Abstract:

A method of presenting account payoff information to customers includes receiving electronic data relating to a plurality of customers and evaluating the data to determine a class to which each customer belongs. The method also includes preparing an account statement for each customer in a first class and for each customer in a second class. The account statement for each customer in the first class includes a standard message, and the account statement for each customer in the second class includes a detailed message. The method also includes transmitting an electronic file comprising the account statements for the plurality of customers to a statement generator. The standard message comprises a total time to pay off at least one hypothetical account balance at a hypothetical interest rate based on a first series of minimum payments. The detailed message comprises a total time to pay off an account balance of the customer at an interest rate of the customer based on a second series of minimum payments.