LAKE BLUFF, Ill. (1/10/10)--Moebs Services, an economic research firm, has been granted a patent for Debit Scoring, which can be used by financial institutions offering overdraft services on consumer checking accounts, according to Michael Moebs, Moebs CEO and economist. Debit Scoring is part of Moebs’ No-Bounce Checking, which allows financial institutions to assess consumer risk and establish a range of customized overdraft limits, while controlling losses, protecting revenue and increasing checking account volume. Clients who use this process can charge as little as $9 to $12 for an overdraft, Moebs said. Debit Scoring was tested in Miami and financial institutions using the service experienced only 4% in losses. Financial institutions using the traditional approach to overdraft coverage lose 20% to 30% of revenue. “I believe this process solves many of the issues financial institutions and consumers now face in the current pricing controversy impacting overdrafts,” Moebs added.