METHODS FOR PROVIDING OVERDRAFT LINES OF CREDIT TO NON-ACCOUNT HOLDERS AND DEVICES THEREOF

摘要

A method for generating a third-party lender overdraft line of credit includes accessing, by an overdraft management computing device, real-time bank account information. An insufficient fund amount is identified based on the real-time bank account information. An overdraft score is generated based on the insufficient fund amount, the real-time bank account information, and a third-party lender rule set established by a third-party lender and stored on the overdraft management computing device. An overdraft approval is provided when the overdraft score is above a threshold provided by the third-party lender and stored on the overdraft management computing device. The overdraft approval is provided without sending confidential user information to the third-party lender and automatically generates the third-party lender overdraft line of credit for the user.