17887211. SYSTEMS AND METHODS FOR PREDICTIVE MODELING TO FACILITATE PEER-TO-PEER DISTRIBUTED GUARANTOR MARKETPLACES simplified abstract (Capital One Services, LLC)

SYSTEMS AND METHODS FOR PREDICTIVE MODELING TO FACILITATE PEER-TO-PEER DISTRIBUTED GUARANTOR MARKETPLACES

Organization Name

Capital One Services, LLC

Inventor(s)

Xiaoguang Zhu of New York NY (US)

Jude Pierre Anasta of Hudson NY (US)

Lin Ni Lisa Cheng of Fresh Meadows NY (US)

SYSTEMS AND METHODS FOR PREDICTIVE MODELING TO FACILITATE PEER-TO-PEER DISTRIBUTED GUARANTOR MARKETPLACES - A simplified explanation of the abstract

This abstract first appeared for US patent application 17887211 titled 'SYSTEMS AND METHODS FOR PREDICTIVE MODELING TO FACILITATE PEER-TO-PEER DISTRIBUTED GUARANTOR MARKETPLACES

Simplified Explanation

The present disclosure provides systems and methods for predictive modeling to facilitate peer-to-peer distributed guarantor marketplaces. Example embodiments provide for generating a predictive model configured to calculate a coverage amount associated with a lease agreement. Example embodiments further provide for collecting lease information, gathering responses from guarantors, analyzing lease information and the guarantor responses, generating a predictive model, and calculating a coverage amount.

• Predictive modeling for peer-to-peer distributed guarantor marketplaces
• Generating a predictive model to calculate coverage amount for lease agreements
• Collecting lease information and guarantor responses
• Analyzing data to generate predictive model
• Calculating coverage amount based on model

1. 1. 1. Potential Applications

• Peer-to-peer lending platforms
• Rental marketplaces
• Insurance industry

1. 1. 1. Problems Solved

• Assessing risk associated with lease agreements
• Streamlining guarantor selection process
• Improving accuracy of coverage amount calculations

1. 1. 1. Benefits

• Increased efficiency in lease agreement processes
• Reduced risk for lenders and landlords
• Enhanced decision-making for guarantors

Original Abstract Submitted

The present disclosure provides systems and methods for predictive modeling to facilitate peer-to-peer distributed guarantor marketplaces. Example embodiments provide for generating a predictive model configured to calculate a coverage amount associated with a lease agreement. Example embodiments further provide for collecting lease information, gathering responses from guarantors, analyzing lease information and the guarantor responses, generating a predictive model, and calculating a coverage amount.