WO2008126998A1

WO2008126998A1 - Interpersonal loan brokerage system and method

Info

Publication number: WO2008126998A1
Application number: PCT/KR2008/001855
Authority: WO
Inventors: Hyun Uk Shin
Original assignee: Hyun Uk Shin
Priority date: 2007-04-17
Filing date: 2008-04-02
Publication date: 2008-10-23
Also published as: KR100773295B1

Abstract

The present invention relates to an interpersonal loan brokerage system and method, in which the convenience of a loan is provided by offering available conditions for the loan and receiving a loan application through effective loan brokerage using the Internet so that a loan applicant may borrow money in a further speedy way and at a further lower interest rate, and injustice of collection companies may be prevented. Individuals who desire to give a loan may be provided with credit information of the loan applicant as high as the level of credit information provided by specialized financial institutes, and small amounts of money are collected from a plurality of loan providers and provided to one loan applicant, and therefore, surplus funds may be invested to make higher interest income from the loan than from general commercial banks. An individual who desires to borrow money may be provided with a loan at an interest rate lower than a market interest rate, and through the process of selecting and evaluating collection companies, injustice of the collection companies may be prevented even when the loaned money is not repaid due to unavoidable circumstances. Since individuals providing a loan may confirm credit information and default rates of loan seekers, and a plurality of loan providers jointly provide a loan to one loan seeker, risk of a bad debt may be distributed. Since angel investments actively made in other countries are hard to find domestically, a company preparing to start a new business or a company that is promising but suffering from lack of funds may utilize the brokerage system as a tool for securing funds from a plurality of individuals and financial institutes.

Description

INTERPERSONAL LOAN BROKERAGE SYSTEM AND

METHOD

Technical Field

[1] The present invention relates to an interpersonal loan brokerage system and method, in which the convenience of a loan is provided by offering available conditions for the loan and receiving a loan application through effective loan brokerage using the Internet so that a loan applicant may borrow money in a further speedy way and at a further lower interest rate, and injustice of collection companies may be prevented. Individuals who desire to give a loan may be provided with credit information of the loan applicant as high as the level of credit information provided by specialized financial institutes, and small amounts of money are collected from a plurality of loan providers and provided to one loan applicant, and therefore, surplus funds may be invested to make higher interest income from the loan than from general commercial banks. An individual who desires to borrow money may be provided with a loan at an interest rate lower than a market interest rate, and through the process of selecting and evaluating collection companies, injustice of the collection companies may be prevented even when the loaned money is not repaid due to unavoidable circumstances. Since individuals providing a loan may confirm credit information and default rates of loan seekers, and a plurality of loan providers jointly provide a loan to one loan seeker, risk of a bad debt may be distributed. Since angel investments actively made in other countries are hard to find domestically, a company preparing to start a new business or a company that is promising but suffering from lack of funds may utilize the brokerage system as a tool for securing funds from a plurality of individuals and financial institutes. Background Art

[2] In conventional loan business, it is general that an individual who desires to receive a loan provides his or her credit information to specialized loan institutes such as a bank or a private loan company, inquires conditions on receiving the loan, and applies for the loan. In such a current loan practice lead by a bank or a private money broker, rights and interests of loan applicants in good faith may not be properly protected from a high interest rate and commission for a loan and injustice of a collection company that is in an exclusive contract relation with a corresponding institute. Although methods of providing a loan online are recently adopted by some financial sectors, currently, an Internet user simply connects to a website of a corresponding institute and applies for a loan in the methods of providing a loan online, and thus the problems described above are still remained.

[3] Furthermore, although conventional credit loan markets are continuously growing, loan transactions invite considerable inefficiency and high cost due to underdevelopment of existing personal credit evaluation and lack of information exchange channels among participants. The number and conditions of available transactions are limited in the case of a loan between individuals, and interest rates and related transaction costs are very high in the case of a loan between an individual and a financial institute.

[4] Therefore, an interpersonal loan brokerage system is earnestly required, in which conveniences in making a loan is provided by offering available conditions for the loan and receiving a loan application through effective loan brokerage using the Internet so that a loan applicant may borrow money in a further speedy way and at a further lower interest rate, and injustice of collection companies may be prevented. Individuals who desire to give a loan may be provided with credit information of the loan applicant as high as the level of credit information provided by specialized financial institutes, and small amounts of money are collected from a plurality of loan providers and provided to one loan applicant, and therefore, surplus funds may be invested to make higher interest income from the loan than from general commercial banks. An individual who desires to borrow money may be provided with a loan at an interest rate lower than a market interest rate, and through the process of selecting and evaluating collection companies, injustice of the collection companies may be prevented even when the loaned money is not repaid due to unavoidable circumstances. Disclosure of Invention

Technical Problem

[5] Accordingly, the present invention has been made in order to solve the above problems, and it is an object of the invention to provide an interpersonal loan brokerage system and method, in which the convenience of a loan is provided by offering available conditions for the loan and receiving a loan application through effective loan brokerage using the Internet so that a loan applicant may borrow money in a further speedy way and at a further lower interest rate, and injustice of collection companies may be prevented.

[6] Another object of the invention is to provide an interpersonal loan brokerage system and method, in which individuals who desire to give a loan may be provided with credit information of the loan applicant as high as the level of credit information provided by specialized financial institutes, and small amounts of money are collected from a plurality of loan providers and provided to one loan applicant, and therefore, surplus funds may be invested to make higher interest income from the loan than from general commercial banks.

[7] Still another object of the invention is to provide an interpersonal loan brokerage system and method, in which an individual who desires to borrow money may be provided with a loan at an interest rate lower than a market interest rate, and through the process of selecting and evaluating collection companies, injustice of the collection companies may be prevented even when the loaned money is not repaid due to unavoidable circumstances.

[8] Yet another object of the invention is to provide an interpersonal loan brokerage system and method, in which since individuals providing a loan may confirm credit information and default rates of loan seekers, and a plurality of loan providers jointly provide a loan to one loan seeker, risk of a bad debt may be distributed.

[9] A further object of the invention is to provide an interpersonal loan brokerage system and method, in which since angel investments actively made in other countries are hard to find domestically, a company preparing to start a new business or a company that is promising but suffering from lack of funds may utilize the brokerage system as a tool for securing funds from a plurality of individuals and financial institutes. Technical Solution

[10] In order to accomplish the above objects of the invention, according to one aspect of the invention, there is provided an interpersonal loan brokerage system comprising: a loan application credit evaluation system for receiving a registration application of a loan seeker through the Internet and providing a credit rating of the loan seeker based on base data and loan history information received together with the application; a loan risk distribution system for distributing risk of loan providers in order to minimize damages of the loan providers suffered from a bad debt when they provide the loan, by limiting an amount to be loaned by a loan provider and allowing a plurality of loan providers to collect small amounts of money and give a loan to one loan applicant; a loan statistics system for providing the convenience of a loan by calculating and displaying a debt to income (DTI), default rate, default rates of similar members, recommended interest rate, maximum interest rate, and expected earning rate to the default rate using information on a job group, personal details, income, credit rating, age, gender, possession of security, details of existing debts, and descriptions on the use of the system in the past, and classifying loan auction applicants through a detailed conditional search, so that a loan provider himself or herself may determine an earning rate to risk; and a collection company evaluation system for storing a plurality of collection companies and evaluation data and allowing an individual who receives a loan to select a collection company and evaluate the collection company after a collection process is completed, wherein if the loan applicant requests to open an auction for a loan transaction between the loan applicant and the loan providers, a contract specified with contract conditions, including an ID of the applicant, applied amount, applied interest rate, and period extracted from a loan applicant DB and a loan history DB, is automatically made on the basis of previously prepared standard terms of the contract, and a loan agreement is made as an electronic contract and the auction is open by putting signatures on a public digital certificate, and then the loan providers participate in the auction once or more in the form of a reverse auction in which an applicant opens an auction and loan providers, i.e., participants of the auction, compete lowering the interest rate.

[11] The interpersonal loan brokerage system of the invention further comprises: a member management system for allowing a member to input essential identification information such as name, resident registration number, address, and phone number required to use the loan brokerage system, and detailed information required to receive a loan such as income and debt, for allowing the member to undergo a process of confirming a real-name or support documents, anonymously act using an ID and an pen name, and make an electronic contract using the ID and pen name, but not the real- name, in a bid application and a loan agreement, and for providing a contracting party with the identification information including the real-name and contact information only when repayment is delayed for an extended period of time or benefit of time is lost.

[12] The interpersonal loan brokerage system of the invention further comprises: an auction system operated in the form of a reverse auction, wherein if the loan auction applicant applies for a loan auction, an auction screen of the auction system of the loan brokerage system displays detailed information needed to determine whether or not to participate in the auction, such as an object of loan application of the loan applicant, amount of loan application, period of loan application, period of the auction, job group, personal details, income, details of debts, credit rating, age, gender, debit to income (DTI), possession of security and history of loans received in a past, and default rates of other members having conditions similar to those of the loan applicant, and participants of the auction participate in the auction offering a loan interest rate lower than interest rates offered by other bidders in the auction system.

[13] According to another aspect of the invention, there is provided an interpersonal loan brokerage method comprising: a step of joining as a member and transmitting documents proving financial status wherein a loan applicant inputs detailed information needed for a loan application, including information on credit and income of the loan applicant, in a member management system and transmits support documents for proving the inputted information by mail, and an operator connects to a loan brokerage system and additionally inputs whether the support documents are transmitted into the member management system so that whether or not the support documents are transmitted is displayed on an auction list; a step of processing an auction wherein detailed information needed for a loan, including information on credit, loaned history in a past, and income of the loan applicant, is posted on a screen of an auction system of the loan brokerage system, and the number of loans and a total amount to be loaned by a loan provider are limited based on settings of a loan risk distribution system, and when the auction is started and a bid is succeeded, the auction applicant and auction participants electronically make a loan agreement by putting signatures using a digital certificate on an electronic contract automatically created in connection with a loan provider DB and a loan applicant DB; a step of providing the loan or handling a failed bid wherein if bid amounts offered by the loan providers are more than the total amount that the loan applicant desires to borrow after the auction and thus the auction is successful, the loan providers and the loan applicant are informed of a result of the auction through my page of members and e-mails and suggested with a schedule for repayment of a principal and interests, and a loan is practiced as a result of the auction, whereas if the bid amounts are less than the total amount, the entire auction processed is failed; and repaying the loan before a due date arrives and closing the loan wherein the loan brokerage system provides the loan applicant with information on the principal to be repaid before the due date and interests to be paid on predetermined dates, and provides the loan applicant and the loan providers with an alarm service for informing details on delinquency through an e-mail or a character message of a cellular phone when the payment is delayed. [14] The interpersonal loan brokerage method of the invention further comprises the step of: allowing the loan provider to press a menu button of a collection institute or an attorney in charge of collection in the step of processing an auction, automatically put a signature of the loan applicant on the created electronic contract with a digital certificate if the loan provider presses a collection menu button when payment of the loan is delayed, and transmit the electronic contract and contents related to a loan agreement, which are previously stored in a collection company evaluation system and selected by the loan applicant by pressing the menu button of a collection institute or an attorney in charge of collection, to the collection institute or the attorney in charge of the collection through a home page and an e-mail.

Advantageous Effects

[15] As described above, the present invention relates to an interpersonal loan brokerage system and method, in which the convenience of a loan is provided by offering available conditions for the loan and receiving a loan application through effective loan brokerage using the Internet so that a loan applicant may borrow money in a further speedy way and at a further lower interest rate, and injustice of collection companies may be prevented. Individuals who desire to give a loan may be provided with credit information of the loan applicant as high as the level of credit information provided by specialized financial institutes, and small amounts of money are collected from a plurality of loan providers and provided to one loan applicant, and therefore, surplus funds may be invested to make higher interest income from the loan than from general commercial banks. An individual who desires to borrow money may be provided with a loan at an interest rate lower than a market interest rate, and through the process of selecting and evaluating collection companies, injustice of the collection companies may be prevented even when the loaned money is not repaid due to unavoidable circumstances. Since individuals providing a loan may confirm credit information and default rates of loan seekers, and a plurality of loan providers jointly provide a loan to one loan seeker, risk of a bad debt may be distributed. Since angel investments actively made in other countries are hard to find domestically, a company preparing to start a new business or a company that is promising but suffering from lack of funds may utilize the brokerage system as a tool for securing funds from a plurality of individuals and financial institutes. Brief Description of the Drawings

[16] FIG. 1 is a view showing the configuration of a loan brokerage system according to an embodiment of the invention.

[17] FIG. 2 is a view showing the flow of a loan transaction in the loan brokerage system according to an embodiment of the invention.

[18] FIG. 3 is a view showing a status of participating in a bid through the loan brokerage system according to an embodiment of the invention.

[19] FIG. 4 is a flowchart illustrating a loan risk distribution system in the loan brokerage system according to an embodiment of the invention.

[20] FIG. 5 is a flowchart illustrating a loan brokerage method according to an embodiment of the invention.

[21] FIG. 6 is a flowchart illustrating the process of a reverse auction according to an embodiment of the invention. Mode for the Invention

[22] The present invention will now be described in detail in connection with specific embodiments with reference to the accompanying drawings. In describing the present invention, in the case where detailed description of related known techniques or construction is determined to make unnecessarily unclear the gist of the present invention, detailed description thereof will be omitted. Terms to be described later on are ones defined in consideration of functions in the present invention. They may vary depending on users, the intention of an operator, customs or the like. Such definition should be based on contents covering the present specification to describe an interpersonal loan brokerage system and method.

[23] FIG. 1 is a view showing the configuration of a loan brokerage system according to an embodiment of the invention, FIG. 2 is a view showing the flow of a loan transaction in the loan brokerage system according to an embodiment of the invention, FIG. 3 is a view showing a status of participating in a bid through the loan brokerage system according to an embodiment of the invention, FIG. 4 is a flowchart illustrating a loan risk distribution system in the loan brokerage system according to an embodiment of the invention, FIG. 5 is a flowchart illustrating a loan brokerage method according to an embodiment of the invention, and FIG. 6 is a flowchart illustrating the process of a reverse auction according to an embodiment of the invention.

[24] Hereinafter, the preferred embodiment of the present invention will be described in detail with reference to the accompanying drawings. Furthermore, in the drawings illustrating the embodiments of the invention, elements having like functions will be denoted by like reference numerals and details thereon will not be repeated.

[25] Referring to FIG. 1, the loan brokerage system 100 according to an embodiment of the invention comprises a loan applicant credit evaluation system 200, a loan risk distribution system 300, a loan statistics system 400, a collection company evaluation system 500, a member management system 600, an auction system 700, a loan applicant DB server 210, a loan provider DB server 310, a loan history DB server 410, and a collection company DB server 510.

[26] Functions of the systems configuring the loan brokerage system 100 of the present invention are described below.

[27] The loan applicant credit evaluation system 200, which includes the loan applicant

DB server 210, receives a registration application of a loan seeker through the Internet and provides a credit rating of the loan seeker based on base data for credit evaluation and loan history information received together with the registration application. Here, the loan applicant credit evaluation system 200 provides the loan provider with information needed for participating in a loan bid and gains access to the loan brokerage system 100. Evaluation information on the base data for calculating a credit rating, such as a job, possession of real estates, or the like received from the member management system 600 when the loan seeker joins as a member, is stored in the loan applicant DB server 210, and details of loan transactions occurred after the loan seeker joins as a member are stored in the loan history DB server 410. The loan applicant credit evaluation system 200 is constructed by combining information received from the loan applicant DB server 210 and the loan history DB server 410.

[28] The loan risk distribution system 300, which includes the loan provider DB server

310, distributes risk of loan providers in order to minimize damages of the loan providers suffered from a bad debt when they provide the loan, by limiting an amount to be loaned by a loan provider and allowing a plurality of loan providers to collect small amounts of money and give a loan to one loan applicant. Here, the loan risk distribution system 300 is a safeguard that limits an amount to be loaned by previously determining a "maximum amount to be loaned by a loan provider" to minimize damages of the loan providers suffered from a bad debt.

[29] As shown in FIG. 4, observing the flow of the loan risk distribution system 300 of the loan brokerage system, first, a manager logs in 5 the loan risk distribution system and determines 51 a limit of an amount of a loan that a loan provider can provide to a loan applicant at a time. Then, the loan provider inputs 52 a maximum amount to be loaned utilizing member management information of the loan applicant and stores 53 the maximum amount.

[30] In addition, as shown in FIG. 2, observing the process of providing a loan in response to a loan application, which is the flow of a loan transaction in the loan brokerage system, first, the loan applicant 1 registers a loan application bid 11. Here, an amount, interest rate, and period of the loan are determined. Then, the loan provider 2 inquires 21 a loan application bid list and participates in 22 a loan application bid as the loan applicant 1 registers the bid. Next, the loan provider 2 stores 23 loan information. Then, the loan applicant 1 inquires, selects, and confirms a collection company that will be in charge of collection of his or her loan, makes a loan contract, and stores contract information 12. Next, the loan applicant 1 receives information on claims of the principal and interests 13 accompanied by repayment of the loaned amount, and the loan provider 2 receives payment information 24 on the principal and interests of the loan applicant 1.

[31] As is understood from the screen shown in FIG. 3, i.e., from the screen showing the status of participating in a bid through the loan brokerage system, a loan provider inquires the loan amount, credit rating, period, and interest rate provided by the loan brokerage system and participates in an appropriate bid. A limit of a loan provided by a loan provider is determined by the loan risk distribution system 300, which is a constitutional component of the present invention. That is, there should be enough loan providers in order to meet a loan application of a high amount. For example, for a loan applicant applying for 10 million Korean Won, if the limit of a loan provided by a loan provider is set to 200 thousand Korean Won, the loan bid is made successful only when at least fifty bids are assembled for the loan.

[32] The loan statistics system 400, which includes the loan history DB server 410, provides the convenience of a loan by calculating and displaying a debt to income (DTI), default rate, default rates of similar members, recommended interest rate, maximum interest rate, and expected earning rate to the default rate using information on a job group, personal details, income, credit rating, age, gender, possession of security, details of existing debts, and descriptions on the use of the system in the past, and classifying loan bid applicants through a detailed conditional search, so that a loan provider himself or herself may determine an earning rate to risk. Here, the loan statistics system 400 is a system for providing a loan by individuals, not by specialized loan companies, and information on loan applicants that does not fall behind that of the specialized companies is indispensable. Therefore, overall information of a loan applicant related to a loan, such as the amount, period, and credit rating in the process of receiving a loan as well as an delinquent bad debt or the like in the process of repaying the loan, is stored in the loan history DB server 410 and processed and utilized as statistical information. The loan statistics system 400 provides information comparing information on a delinquency rate and a default rate of each credit rating extracted from the loan history DB server 410 with an interest rate assuming that a loan is actually provided, which also displays additional information such as an expected earning rate.

[33] The collection company evaluation system 500, which includes the collection company DB server 510, stores a plurality of collection companies and evaluation data, and an individual who receives a loan selects a collection company and evaluates the collection company after a collection process is completed. Here, the collection company evaluation system 500 is a system for providing and evaluating transactions between a plurality of individuals and an individual, which essentially registers companies that execute collection of a loan for the loan providers when a bad debt arises. The collection company evaluation system 500 is an evaluation system in which a plurality of collection companies is registered, and the loan applicant himself or herself marks penalty points on collection companies that illegally and forcibly collect a loan, in order to protect human rights of the loan applicant. Therefore, public good comes first, and the collection company evaluation system 500 arouses competition among collection companies to provide better services to loan applicants. In addition, a list of collection companies is provided to the loan applicant in the final step of a loan contract in the form of combining introduction of respective collection companies, evaluations from past loan applicants, and numerically expressed points.

[34] A member inputs essential identification information such as name, resident registration number, address, and phone number for using the loan brokerage system, and detailed information required to receive a loan such as income and debts into the member management system 600, undergoes a process of confirming a real-name or support documents, anonymously acts using an ID and an pen name, and makes an electronic contract using the ID and the pen name, not the real-name, in a bid application and a loan agreement. The member management system 600 provides a contracting party with the identification information including the real-name and contact information only when repayment is delayed for an extended period of time and benefit of time is lost.

[35] The auction system 700 is operated in the form of a reverse auction, in which if the loan auction applicant applies for a loan auction, an auction screen of the auction system of the loan brokerage system displays detailed information needed to determine whether or not to participate in the auction, such as the object of loan application of the loan applicant, amount of loan application, period of loan application, period of the auction, job group, personal details, income, details of debts, credit rating, age, gender, debt to income (DTI), possession of security and history of loans received in the past, and default rates of other members having conditions similar to those of the loan applicant, and participants of the auction participate in the auction offering a loan interest rate lower than interest rates offered by other bidders in the auction system. The auction screen displays detailed information such as credit information of the loan applicant, history of loans received in the past, and information on income, and an operator previously sets limits of the number of loans and a total amount of a loan in the loan risk distribution system. When the auction is started and a bid is succeeded, the auction applicant and the auction participants electronically make a loan agreement by putting signatures using a digital certificate on an electronic contract automatically created based on data extracted from the loan provider DB and the loan applicant DB.

[36] FIG. 6 is a flowchart illustrating the process of a reverse auction according to an embodiment of the invention. As shown in FIG. 6, if a loan applicant requests to open an auction, a contract specified with contract conditions, including an ID of the applicant, applied amount, applied interest rate, and period extracted from a loan applicant DB and a loan history DB, is automatically made on the basis of previously prepared standard terms of the contract, and a loan agreement is made as an electronic contract 3 and the auction is open by putting signatures on a public digital certificate. The loan providers participate in the auction once or more in the form of a reverse auction in which an applicant opens an auction and loan providers, i.e., participants of the auction, compete lowering the interest rate. On participating in the auction, the loan providers make an electronic contract 4 by putting a signature on the loan agreement, which is automatically made on the basis of data extracted from the loan provider DB and the loan history DB, using a digital certificate, and thus participation in the auction 41 is closed. At this point, a bid amount per participant 7 previously set by the operator in the loan risk distribution system is transferred from accounts of respective loan providers and accumulated in the account of the loan applicant 31.

[37] At this point, a maximum amount to be loaned that a loan provider may bid in the auction is inputted 7 in the loan risk distribution system to limit an amount to be loaned to a small amount. For example, if the maximum amount of a loan provider for one auction applicant is limited to 20,000 Korean Won, at least more than 100 loan providers need to participate in an auction applied for a loan of 2 million Korean Won. It is to make only a bid that has passed a review by a plurality of loan providers successful and to minimize damages of the loan providers to below 20,000 Korean Won from a potential risk such as a bankruptcy of the loan applicant.

[38] After the auction is succeeded and the bid amount is transferred from accounts of the loan providers and accumulated in the account of the loan applicant 31, the loan applicant transfers the amount accumulated in the loan applicant's account to a real bank account 32 and use the transferred money. The loan applicant deposits money as much as a monthly repayment amount in his or her account in each month before the repayment due date arrives, and the deposited money is transferred and accumulated in the accounts of the loan providers when the repayment date arrives 33. If the repayment is completed, the auction is closed.

[39] However, if repayment of the loan applicant is delayed for an extended period of time and benefit of time is lost, the loan provider may request a collection 42. The loan provider may request a collection company to a collect the loan through the process of putting a signature on a collection request electronic contract 43 made on the basis of data extracted from the collection company DB, loan applicant DB, loan provider DB, and loan history DB. At this point, information on the electronic contract 3 of the loan applicant, the electronic contracts 4 of the auction participants, repayment details, and the like is transmitted 44 to the collection company predetermined by the auction applicant as an e-mail and posted on a web-page exclusive to the collection company. If the collection company posts the status of processing the collection on the web-page exclusive to the collection company, the status of processing is simultaneously posted on web-pages exclusive to the loan applicant and the loan providers so that they can view the status. When the collection is completed, the loan applicant evaluates the collection company 80, and the auction is closed.

[40] Hereinafter, a preferred loan brokerage method of the present invention is described in detail with reference to FIG. 5.

[41] As shown in FIG. 5, observing the process of the interpersonal loan brokerage method, the first is the step of joining as a member and transmitting documents proving financial status. A loan applicant inputs detailed information needed for a loan application, including information on credit and income of the loan applicant, in the member management system and transmits support documents for proving the inputted information by mail, and an operator connects to the loan brokerage system and additionally inputs whether the support documents are transmitted into the member management system so that whether or not the support documents are transmitted is displayed on an auction list. Here, the loan applicant becomes a member by inputting basic information such as name, resident registration number, address, and phone number to use the loan brokerage system, anonymously acts using an ID, inputs a connected account number and simultaneously receives a temporary account number into which money may be deposited, acquires a status of a loan applicant through an electronic authentication process in order to make a bid in an auction, and immediately acquires a right to take part in an auction through an auction screen.

[42] The second is the process of performing an auction. Detailed information needed for a loan, including information on credit, loaned history in the past, and income of the loan applicant, is posted on the screen of the auction system of the loan brokerage system, and the number of loans and a total amount to be loaned by a loan provider are limited based on the settings of the loan risk distribution system. When the auction is started and a bid is succeeded, the auction applicant and the auction participants electronically make a loan agreement by putting signatures using a digital certificate on an electronic contract automatically created in connection with the loan provider DB and the loan applicant DB. Here, the loan applicant is the subject of processing the auction from the viewpoint of the loan applicant. The loan applicant selects a desired amount, maximum affordable interest rate, and period. For example, the loan applicant selects the desired amount among 500 thousands, 1 million, and 2 million Korean Won, freely determines the interest rate under 40 %, and selects the period among 3, 6, 9, and 12 months. The loan applicant operates a bulletin board in association with an auction number, on which the loan applicant may freely post self introduction, object of the loan, and the like. For the interest rate, the loan applicant posts only the maximum affordable interest rate. However, from the viewpoint of the loan provider, the loan provider selects an auction suitable for loan provider's conditions using a search tool and makes a bid for the auction. The loan provider may make a bid after depositing an amount larger than a bid amount in the account of the loan provider. However, the loan provider may make a bid only at an interest rate lower than the maximum interest rate determined by the loan applicant. However, in this case, although the total amount to be loaned is limited to 400 thousands Korean Won and an amount that the loan provider may offer per bid is a unit of 20 thousands Korean Won, the amounts may be varied. In addition, when a conditional limit amount is inputted, the bid amount is automatically changed to a minimum interest rate with which a bid can be made. The loan provider may filter interest rates lower than the minimum interest rate that he or she may afford in the process of searching auctions. After the auction is closed, an amount corresponding to the bid amount may not be withdrawn from account points.

[43] The third is the process of providing a loan or handling of a failed bid depending on a result of the auction. If bid amounts offered by the loan providers are more than the total amount that the loan applicant desires to borrow after the auction and thus the auction is successful, the loan providers and the loan applicant are informed of the result of the auction through my page of members and e-mails. Then, a schedule for repayment of the principal and interests is suggested, and a loan is practiced as a result of the auction. If the bid amounts are less than the total amount, the entire auction processed is failed. Here, priorities of the loan providers who participate in the auction are determined such that the bids are succeeded in order of from a loan provider offering a lower interest rate. If two or more loan providers offer the same interest rate, a loan provider who participates in the auction earlier is considered as being succeeded in the bid. After the bids are succeeded, a corresponding amount is transferred to an account of the loan applicant, and the loan applicant may withdraw the money. If the bids are failed, records of the failed bids are stored, and an auction may be re-opened. In addition, the amount of the succeeded bids is withdrawn from the accounts of the loan providers.

[44] The fourth is the process of repaying the loan before a due date arrives and closing the loan. The loan brokerage system provides the loan applicant with information on the principal to be repaid before the due date and interests to be paid on predetermined dates, and provides the loan applicant and the loan providers with an alarm service for informing details on delinquency through an e-mail or a character message of a cellular phone when the payment is delayed.

[45] The fifth is the process of requesting a collection. If the loan applicant delays repaying the loan in the process of paying the loan before the due date arrives and closing the loan, the loan providers request a collection. Here, if the loan applicant delays repaying the loan more than 10 days, the real-name, e-mail address, cellular phone number, and home phone number of the loan applicant are transmitted to corresponding loan providers. If the loan applicant delays repaying the loan more than 30 days, a service related to a procedure using a legal loan collection service is provided according to the request of the loan providers.

[46] Although the present invention has been described with reference to several preferred embodiments, the description is illustrative of the invention and is not to be construed as limiting the invention. Various modifications and variations may occur to those skilled in the art, without departing from the scope of the invention as defined by the appended claims. Industrial Applicability [47] As described above, the present invention relates to an interpersonal loan brokerage system and method, in which the convenience of a loan is provided by offering available conditions for the loan and receiving a loan application through effective loan brokerage using the Internet so that a loan applicant may borrow money in a further speedy way and at a further lower interest rate, and injustice of collection companies may be prevented. Individuals who desire to give a loan may be provided with credit information of the loan applicant as high as the level of credit information provided by specialized financial institutes, and small amounts of money are collected from a plurality of loan providers and provided to one loan applicant, and therefore, surplus funds may be invested to make higher interest income from the loan than from general commercial banks. An individual who desires to borrow money may be provided with a loan at an interest rate lower than a market interest rate, and through the process of selecting and evaluating collection companies, injustice of the collection companies may be prevented even when the loaned money is not repaid due to unavoidable circumstances. Since individuals providing a loan may confirm credit information and default rates of loan seekers, and a plurality of loan providers jointly provide a loan to one loan seeker, risk of a bad debt may be distributed. Since angel investments actively made in other countries are hard to find domestically, a company preparing to start a new business or a company that is promising but suffering from lack of funds may utilize the brokerage system as a tool for securing funds from a plurality of individuals and financial institutes.

Claims

[1] An interpersonal loan brokerage system comprising: a loan application credit evaluation system for receiving a registration application of a loan seeker through the Internet and providing a credit rating of the loan seeker based on base data and loan history information received together with the application; a loan risk distribution system for distributing risk of loan providers in order to minimize damages of the loan providers suffered from a bad debt when they provide the loan, by limiting an amount to be loaned by a loan provider and allowing a plurality of loan providers to collect small amounts of money and give a loan to one loan applicant; a loan statistics system for providing the convenience of a loan by calculating and displaying a debt to income (DTI), default rate, default rates of similar members, recommended interest rate, maximum interest rate, and expected earning rate to the default rate using information on a job group, personal details, income, credit rating, age, gender, possession of security, details of existing debts, and descriptions on the use of the system in the past, and classifying loan auction applicants through a detailed conditional search, so that a loan provider himself or herself may determine an earning rate to risk; and a collection company evaluation system for storing a plurality of collection companies and evaluation data and allowing an individual who receives a loan to select a collection company and evaluate the collection company after a collection process is completed, wherein if the loan applicant requests to open an auction for a loan transaction between the loan applicant and the loan providers, a contract specified with contract conditions, including an ID of the applicant, applied amount, applied interest rate, and period extracted from a loan applicant DB and a loan history DB, is automatically made on the basis of previously prepared standard terms of the contract, and a loan agreement is made as an electronic contract and the auction is open by putting signatures on a public digital certificate, and then the loan providers participate in the auction once or more in the form of a reverse auction in which an applicant opens an auction and loan providers, i.e., participants of the auction, compete lowering the interest rate.

[2] The system according to claim 1, further comprising a member management system for allowing a member to input essential identification information such as name, resident registration number, address, and phone number required to use the loan brokerage system, and detailed information required to receive a loan such as income and debt, for allowing the member to undergo a process of confirming a real-name or support documents, anonymously act using an ID and an pen name, and make an electronic contract using the ID and pen name, but not the real-name, in a bid application and a loan agreement, and for providing a contracting party with the identification information including the real-name and contact information only when repayment is delayed for an extended period of time or benefit of time is lost.

[3] The system according to claim 1, further comprising an auction system operated in the form of a reverse auction, wherein if the loan auction applicant applies for a loan auction, an auction screen of the auction system of the loan brokerage system displays detailed information needed to determine whether or not to participate in the auction, such as an object of loan application of the loan applicant, amount of loan application, period of loan application, period of the auction, job group, personal details, income, details of debts, credit rating, age, gender, debit to income (DTI), possession of security and history of loans received in a past, and default rates of other members having conditions similar to those of the loan applicant, and participants of the auction participate in the auction offering a loan interest rate lower than interest rates offered by other bidders in the auction system.

[4] An interpersonal loan brokerage method comprising: joining as a member and transmitting documents proving financial status, wherein a loan applicant inputs detailed information needed for a loan application, including information on credit and income of the loan applicant, in a member management system and transmits support documents for proving the inputted information by mail, and an operator connects to a loan brokerage system and additionally inputs whether the support documents are transmitted into the member management system so that whether or not the support documents are transmitted is displayed on an auction list; processing an auction, wherein detailed information needed for a loan, including information on credit, loaned history in a past, and income of the loan applicant, is posted on a screen of an auction system of the loan brokerage system, and the number of loans and a total amount to be loaned by a loan provider are limited based on settings of a loan risk distribution system, and when the auction is started and a bid is succeeded, the auction applicant and auction participants electronically make a loan agreement by putting signatures using a digital certificate on an electronic contract automatically created in connection with a loan provider DB and a loan applicant DB; providing the loan or handling a failed bid, wherein if bid amounts offered by the loan providers are more than the total amount that the loan applicant desires to borrow after the auction and thus the auction is successful, the loan providers and the loan applicant are informed of a result of the auction through my page of members and e-mails and suggested with a schedule for repayment of a principal and interests, and a loan is practiced as a result of the auction, whereas if the bid amounts are less than the total amount, the entire auction processed is failed; and repaying the loan before a due date arrives and closing the loan, wherein the loan brokerage system provides the loan applicant with information on the principal to be repaid before the due date and interests to be paid on predetermined dates, and provides the loan applicant and the loan providers with an alarm service for informing details on delinquency through an e-mail or a character message of a cellular phone when the payment is delayed.

[5] The method according to claim 4, further comprising the step of: allowing the loan provider to press a menu button of a collection institute or an attorney in charge of collection in the step of processing an auction, automatically put a signature of the loan applicant on the created electronic contract with a digital certificate if the loan provider presses a collection menu button when payment of the loan is delayed, and transmit the electronic contract and contents related to a loan agreement, which are previously stored in a collection company evaluation system and selected by the loan applicant by pressing the menu button of a collection institute or an attorney in charge of collection, to the collection institute or the attorney in charge of the collection through a home page and an e- mail.