Data processing technique for providing a cash rebate in a loan program

A data processing method for providing a cash rebate in a loan program of a financial institution using a computer having a memory device;

• the method comprising the steps of:
• a) maintaining, in the memory device of the computer, for a borrower, a borrower information file, including a contractual loan payback schedule based on an interest rate calculated in accordance with a current credit score of the borrower, a principal amount, an initial interest amount, and a term of the loan;
• b) storing payback transaction data in the memory device of the computer during the term of the loan;
• c) compiling the transaction data as a payback record at the end of the term of the loan;
• d) calculating a final credit score in accordance with the quality of the payback record as compared to the payback schedule;
• e) calculating a final interest rate based on the final credit score;
• f) calculating a final interest amount based on the final interest rate;
• f) issuing a cash rebate to the borrower as the difference between the initial interest amount and the final interest amount.