Systems and methods for managing balance transfer accounts
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
N/A
Issued Date -
Jan 1, 2004
app pub date -
Jul 1, 2002
filing date -
Jul 1, 2002
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
Systems and methods consistent with the present invention manage balance transfer accounts associated with customer pre-existing debt accounts. The system first creates a balance transfer account for the customer, which may include opening the balance transfer account to allow the customer to activate it. The method then determines whether a payment to the balance transfer account received from the customer meets a payment threshold criteria. If the received payment meets the payment threshold criteria, then a credit bureau is notified of the balance transfer account and the balance transfer account remains open. If the received payment does not meet the payment threshold criteria, then the balance transfer account is closed without notification to the credit bureau.
First Claim
Family
International Classification(s)
Cited Art Landscape
Patent Citation Ranking
Advertisement
Advertisement
Advertisement
Recipient Email Address
Recipient Email Address
Comment
Recipient Email Address
Add to Portfolio(s)
To add this patent to one, or more, of your portfolios, simply click the add button.
This Patent is in these Portfolios:
Add to additional portfolios:
Last Refreshed On:
Changes done successfully