Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2011-08-30
2011-08-30
Kramer, James (Department: 3693)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S035000
Reexamination Certificate
active
08010446
ABSTRACT:
A method of providing a variable credit account to a consumer (12) is provided. The method includes the steps of: offering, by a credit issuer (14), a variable credit account to a consumer (12) by telephone, electronically, mail or at an in-store location; accepting, by the consumer (12), the offer; opening, by the credit issuer, the variable credit account (18) for the consumer (12), where the account includes an open-ended loan portion (22) and a close-ended loan portion (20). The method may further include the steps of initially activating the open-ended loan portion (22) when the initial offer is made electronically, by mail or at an in-store location; and initially activating a close-ended loan portion (20) of the account when the initial offer is made at any point-of-sale. A system and apparatus for providing a variable credit account to a consumer (12) is also discussed.
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The Federal Reserve Board today issued for public comment a proposal to amend its Regulation Z, Truth in Lending, to implement the Fair Credit and Charge Card Disclosure Act, American Banker Plus, Jan. 24, 1989, vol. 154, No. 16.
Sinioukov, Tatyana, Financial services' e-commerce outreach, Sep. 2000, Dealerscope, v 42 n 9, pp. 28.
Hirschfeld Daniel A.
Keithley Thomas H.
Lavelle Mark L.
Talbert Vincent W.
Bill Me Later Inc.
Haynes and Boone LLP
Kramer James
See Carol
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