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:
Apr. 22, 2014
Filed:
Feb. 05, 2013
Jpmorgan Chase Bank, N. A., New York, NY (US);
Maria Teresita Vicente, Marlton, NJ (US);
Frank Cawley Dragotta, Philadelphia, PA (US);
Manning R. Field, Media, PA (US);
Joy Lynn Koppenhaver, Bear, DE (US);
James Samuel Moed, Baltimore, MD (US);
Ryan Alan Jacoby, New York, NY (US);
Ian Michael Groulx, Oakland, CA (US);
Kevin Thomas Dame, San Francisco, CA (US);
Heather Margaret Emerson, San Francisco, CA (US);
Jennifer C. McGarry, Haddonfield, NJ (US);
JPMorgan Chase Bank, N.A., New York, NY (US);
Abstract
A system and method providing a borrowing scheme. The method comprises the steps of: establishing an interest-free revolving amount or account using the computer processor; establishing a periodic payment for maintaining the interest-free revolving amount or account using the computer processor; and automatically revising the interest-free revolving amount or account or the periodic payment using the computer processor based upon at least one user performance metric over a predetermined period of time; wherein the interest-free revolving amount or account or the periodic payment for maintaining the interest-free revolving amount is determined by the user via the network.