The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Mar. 11, 2014
Filed:
Sep. 25, 2007
Christopher A. Sandoval, San Antonio, TX (US);
Christopher A. Sandoval, San Antonio, TX (US);
United Services Automobile Association (USAA), San Antonio, TX (US);
Abstract
A way to facilitate the use of funds from an automobile loan is provided. The vehicle identification number of the automobile the loan applicant wishes to purchase is used to activate the funds of the loan for use. The applicant may receive a loan card to be used in the transaction that may be initially inactive, i.e. unable to be used for a transaction, until the vehicle identification number is received by the financial institution that accepted the loan application. An applicant of the loan may also be provided information relating to an account established for the disbursement of the loan proceeds. The account may be initially inactive until the vehicle identification number of the automobile is received and the applicant may also receive additional information required to be transmitted to the financial institution in order to use the funds, including, without limitation, a security code.