Method and apparatus of creating financial instrument and administering an adjustable rate loan system
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United States of America Patent
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Apr 21, 1998
Grant Date -
N/A
app pub date -
Jan 18, 1995
filing date -
Jan 18, 1995
priority date (Note) -
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Abstract
An operatively interconnected data processing and computing system is provided for creating, servicing and paying loan agreements between a lender and borrower providing for repayment of the loan together with interest at a periodically adjusted rate based on the terms of the agreement.
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