Systems and methods for providing credit coaching

A mobile computing device, comprising:

• a display;
• a network interface controller (NIC);
• non-transitory memory configured to store computer-executable instructions therein;
• and
• a processor coupled to the display and the NIC, and configured to gain access to the non-transitory memory and execute the computer-executable instructions, causing the processor to:
• electronically receive a credit education course and present the credit education course on the display, wherein the credit education course includes a knowledge test component and an educational component, wherein the educational component is configured to present a plurality of financial topics related to a general education on credit, and wherein the knowledge test component is configured to test the consumer on the plurality of financial topics presented by the educational component;
• determine successful completion of the credit education course by the consumer by detecting that (i) the credit education course was presented on the display and (ii) the knowledge test component was completed and electronically submitted;
• electronically transmit a course completion message in response to the determination, through the NIC, to a credit issuing institution for a line of credit to initiate an activation procedure for the line of credit;
• receive transaction data from the credit issuing institution through the NIC, the transaction data representing a first transaction payable on the line of credit;
• retrieve banking data through the NIC for at least one financial account associated with the line of credit;
• compare the transaction data associated with the first transaction to (i) a credit limit of the line of credit and (ii) an available balance of the at least one financial account associated with the consumer;
• generate, based upon the comparison, a credit message for the line of credit;
• and
• present, in real time, the credit message on the display, to facilitate providing credit coaching to the consumer.

A computer system for providing educational messages, the system comprising:

• a payment device associated with a consumer to whom a line of credit is issued;
• a point-of-sale (POS) system configured to communicably couple to the payment device to process a first transaction payable on the line of credit;
• and
• an educational server communicably coupled to the POS system over a network and configured to:
• electronically transmit a credit education course to a mobile computing device of the consumer for display on the mobile computing device, wherein the credit education course includes a knowledge test component and an educational component, wherein the educational component is configured to present a plurality of financial topics related to a general education on credit, and wherein the knowledge test component is configured to test the consumer on the plurality of financial topics presented by the educational component;
• determine, via the one or more processors, successful completion of the credit education course by the consumer by detecting that (i) the credit education course was displayed on the mobile computing device and (ii) the knowledge test component was completed and electronically submitted;
• initiate an activation procedure for the line of credit upon receipt of an indication from the mobile computing device in response to determining successful completion of the credit education course;
• receive transaction data for the first transaction from the POS system;
• retrieve banking data for at least one financial account associated with the line of credit;
• compare the transaction data associated with the first transaction to (i) a credit limit of the line of credit and (ii) an available balance of the at least one financial account associated with the consumer;
• generate, based upon the comparison, a credit message for the line of credit;
• and
• instruct the mobile computing device to display the credit message on the mobile computing device in real time to facilitate providing credit coaching to the consumer.