COMPUTER PROGRAM, SYSTEM, AND METHOD FOR PROVIDING A CONSUMER WITH IMMEDIATE ACCESS TO FUNDS VIA A HYBRIDIZED SECURED LINE OF CREDIT

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United States of America Patent

SERIAL NO

13840193

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Abstract

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A hybridized secured credit financial product provides a consumer immediate access to funds corresponding to at least a portion of a line of credit before collateral securing the line of credit is realized. The consumer applies for a secured lined of credit. If approved, the consumer opens a first financial account that is a secured credit account. Collateral to secure the secured credit account is provided via a source of collateral funds, such as a onetime or periodic impending payment, associated with the consumer and deposited into a second financial account associated with the consumer. The consumer is allowed access to at least a portion of the line of credit before the collateral is actually deposited into the second financial account.

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Patent Owner(s)

Patent OwnerAddress
HRB TAX GROUP INCONE H&R BLOCK KANSAS CITY MO 64105

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Lorey, Brandon Olathe, US 1 0
Rice, Todd C Prairie Village, US 1 0

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