System for enhanced management of credit

Details System for enhanced management of credit System for enhanced management of credit

G - Physics

06

Q

G06Q 40/00 (2006.01) G06F 15/30 (1990.01)

Patent

CA 2106077

2106077 9216902 PCTABS00016 A data processing pension plan monitor (40) is directed specifically to the management and controlled access of pensionbacked credit (AC). This system permits pension plan participants to establish a line of credit (LOC), based on their vested interest in a sponsored pension plan (10). This LOC is thereafter systematically applied to a plurality of account (80, 90), each permitted selected credit card (90) and/or check writing privileges. The charges associated with the credit accessed are paid back to the pensioner, thereby retaining certain tax deferred privileges while permitting access to the accumulated funds.

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