초록 ▼

A computer system for conducting an electronic loan auction over a computer network such as the Internet. The computer system includes a computer connected to the Internet, which performs the following functions: (1) receiving an electronic loan application form from a prospective borrower; (2) prov

A computer system for conducting an electronic loan auction over a computer network such as the Internet. The computer system includes a computer connected to the Internet, which performs the following functions: (1) receiving an electronic loan application form from a prospective borrower; (2) providing such application to a loan authorizer's computer over the computer network for approval; (3) receiving an electronic message from the loan authorizer's computer indicating whether or not such loan has been approved; (4) entering the loan application into a database that is accessible to lenders via the computer network, if the loan is approved; and (5) maintaining the loan application in the database for a predetermined period time during which lenders may submit bids and the borrower may accept a bid.

대표청구항 ▼

[ What is claimed is:] [1.] A computer system for conducting aloan auction, said computer system comprising:(a) at least one computer;(b) at least one computer network connected to said computer;(c) means for receiving an electronic loan application from a prospective borrower over said at least one

[ What is claimed is:] [1.] A computer system for conducting aloan auction, said computer system comprising:(a) at least one computer;(b) at least one computer network connected to said computer;(c) means for receiving an electronic loan application from a prospective borrower over said at least one computer network;(d) means for electronically forwarding loan application information to a loan authorizer over said at least one computer network or another computer network;(e) means for receiving form said loan authorizer an electronic message indicating whether or not such loan application is approved;(f) means for entering a record of such loan application into a database elecrtonically accessible to a plurality of prospective lenders over said at least one computer network or another computer network, if said message from said loan authorizer indicates that such loan has been approved;(g) means for maintaining said record of such loan application in said database accessible to said plurality of prospective lenders for predetermined period of time;(h) means for allowing said plurality of prospective lenders to submit bids over said at leasts one computer network on such loan application;(i) means for allowing the prospective borrower to access information regarding said bids from said plurality of prospective lenders over said at least one computer network; and(j) means for allowing the prospective borrower to accept a bid from said bids of said plurality of prospective lenders over said at least one computer network.