System, Method, and Computer-Readable Medium for Mobile Loan Acquisition
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United States of America Patent
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N/A
Issued Date -
Apr 30, 2009
app pub date -
Oct 24, 2007
filing date -
Oct 24, 2007
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A system, method, and computer-readable medium that facilitate mobile acquisition of a loan are provided. A mobile loan system may communicatively interface with a financial institution that provides loans to mobile subscribers. A credit evaluation provider may evaluate the credit worthiness of the mobile terminal user based on a payment history of the mobile terminal account of the user. An insurance provider may issue an insurance policy against the loan to indemnify the loan provider. An invoice for the loan balance, and fees associated therewith, may be issued with the mobile terminal account service statement.
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