Method and apparatus for administering a dual account loan system
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United States of America Patent
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N/A
Issued Date -
Oct 4, 2007
app pub date -
Dec 18, 2006
filing date -
Dec 16, 2005
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A system, method, apparatus, means and computer program code for administering a dual account loan system is provided which includes identifying a deposit account to receive an expected refund amount from a taxing authority, establishing a loan account and disbursing loan proceeds to a taxpayer, monitoring the deposit account to identify a trigger event, and transferring funds from the deposit account to the loan account upon occurrence of the trigger event.
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