US 8,909,551 Claim Chart

US 8909551 (E-Credit) US 6208979 (Sinclair)

1.pre. A method of expedited
direct or indirect application
approval and processing related to
purchase of goods, services or
programs, the method comprising
the steps of:
1.a. (a) providing at least one
processing software
program resident on a credit sale
and loan processor
computer having a server and
a data storage device, the
processing software program
having or accessing at least one
seller-selected
consideration criterion
wherein the seller has possession
of at least one collateralizable
article;
Discloses a "method executed by a computer system for
matching, through a global communications network, an
applicant for financing for a vehicle acquisition with a
number of financial institutions providing vehicle financing,
the method comprising:" See 11:52-56.
Discloses software resident on a credit sale and loan
processing computer in that to "access the System, the car
dealer, or 'seller', requires a standard tier-one computer
workstation with suitable hardware and software configured
to receive and distribute information through the Internet to
a preconstructed system web site." See 6:43-47.
Further discloses "[a] computer readable memory medium,
encoded with data representing a computer program[.]" See
15:9-10.
Discloses the ability to access at least one seller-selected
consideration in that "[m]odel data entry means are provided
for entering model data into the system. The model data is
established by the lender and defines an electronic model
profile representing characteristics of a desired applicant.
Filter means electronically compares the applicant profile
with the model profile, such that for those credit applicants
matching the model profile, the applicant data is made
available through the system to lender." See 4:34-42.

Discloses, that the seller has possession of at least one

collateralizable article, e.g., the system can be used by an
automobile dealer. See 6:60-65.
1.b. (b) populating predetermined “The dealer enters the requested applicant data including
identification information personal, financial, and automobile information. [. . .] The
fields resident in the software dealer then mouse-clicks the on-screen “submit” button
with application-relevant (item 4) and the applicant data is delivered to the System.
information associated with a Preferably, upon receipt of this data, the System
prospective individual purchaser automatically contacts a credit bureau and electronically
of the collateralizable article imports certain employment and credit history information
under the control of a seller using of the applicant using suitable tier-three application
an input device and transmitting Software. This information is then combined with the data
the application relevant entered by the dealer to create a unique electronic profile of
information to the credit sale and the applicant (item 5)." See 6:63-7:12.
loan processor computer, wherein

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the application-relevant
information also includes data
regarding the collateralizable
article;
Discloses the use an input device as well as application
transmission in “[o]ther required System hardware includes
a keyboard, mouse, monitor, communications equipment
such as a modem, and at least one line of communication
with all other users and system components. System
software includes a suitable Web browser, such as Netscape
Navigator or Microsoft's Internet Explorer, for navigating
the networked components of the System.” See 6:49-55.

Discloses that “information” includes information regarding

the collateralizable article in that the "dealer enters the
requested applicant data including personal, financial, and
automobile information." See 6:63-65.
1.c. (c) verifying the application- Discloses that “[t]he dealer enters the requested applicant
relevant information by the credit data including personal, financial, and automobile
sale and loan processing software information. See items 1 and 2 of the flow diagram. When
and generating at least one this is completed, tier-two System logic prompts the dealer
verification result command, the to select (by mouse-clicking) finance institutions who would
verification result command being potentially receive the applicant data (item 3)." See 6:63-7:1.
one of either a computer-
generated verification signal or a
computer generated
nonverification signal;
1.d. (d) upon receipt of a Discloses the analysis of application-relevant information
computer-generated verification against qualification parameters in that the data may be
indication, analyzing the automatically (or manually) analyzed by the financial
application-relevant information institution. If automatically analyzed and a match is
against qualification parameters determined, then a verification is automatically sent to the
resident in the at least one seller's computer. See 8:18-26.
software program
and generating at least one output Discloses the generation of at least one output solution by
solution, wherein the output “electronically notifying the applicant of financing terms set
solution is one associated with a by a financial institution for the applicant, where the
concluded credit sale applicant profile matches the model profile specified by that
transaction that is assignable by financial institution[.]" See 12:8-12.
the seller to a financial institution.

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