Method and apparatus for mapping sources and uses of consumer funds

A bill-paying system, comprising:

• a designated deposit account and savings account (DDA) belonging to a debtor that is periodically credited with a payroll income on a first regular schedule;
• a custody account belonging to a service provider that is credited with debits to the DDA by an originating depository financial institution (ODFI);
• a plurality of creditor accounts each belonging to a particular independent creditor of said debtor that is credited on a periodic basis with a payment debit to the custody account on a corresponding plurality of second regular schedules;
• and
• a mechanism for determining an amount and date that said ODFI is instructed to transfer funds between the DDA, custody account, and each of the plurality of creditor account;
• and at least one of:
• a trust finder mechanism;
• a campaign product;
• a subscription transaction table;
• one or more account policies, each account policy having one or more disbursement schedules;
• one or more subscriptions to which a debtor may subscribe.

A bill-paying system, comprising:

• a plurality of designated deposit accounts (DDA's) each belonging to a corresponding debtor that is periodically credited with a respective payroll income on a plurality of first regular schedules;
• a custody account belonging to a service provider that is credited with debits to the DDA by an originating depository financial institution (ODFI);
• a plurality of creditor accounts and/or savings accounts each belonging to a particular independent creditor of each corresponding said debtor that are credited on a periodic basis with a plurality of payment debits to the custody account on a corresponding plurality of second regular schedules;
• a mechanism for determining an amount and date that said ODFI is instructed to transfer funds between each of the plurality of DDA's, custody account, and each of the plurality of creditor account;
• and at least one of:
• a trust finder mechanism;
• a campaign product;
• a subscription transaction table;
• one or more account policies, each account policy having one or more disbursement schedules;
• one or more subscriptions to which a debtor may subscribe.

A bill-paying service method, comprising the steps of:

• enrolling a subscriber who is a debtor to a creditor and who has authorized debits to be taken from a designated deposit account (DDA) that is periodically credited with a payroll income on a first regular schedule;
• periodically debiting said DDA through a transmission of an ACH-file to an originating depository financial institution (ODFI) and using any funds obtained to credit a custody account;
• charging a service fee to said subscriber by debiting said custody account;
• paying said creditor on behalf of said debtor in an amount calculated for an accelerated repayment of a debt.

A bill-paying service method, comprising the steps of:

• enrolling a subscriber who is a debtor to a creditor and who has authorized debits to be taken from a designated deposit account or savings account (DDA);
• collecting an enrollment fee from said debtor for an on-going service of paying said creditor;
• depositing a payroll income on a first regular schedule to said DDA that is over time in excess of a minimum payment on a debt owed by said debtor to said creditor;
• periodically debiting said DDA of a first regular schedule and using any funds obtained to credit a custody account;
• charging a service fee to said subscriber by debiting said custody account;
• and
• paying said creditor on behalf of said debtor in an amount calculated for an accelerated repayment of a debt on a second regular schedule that differs from said first regular schedule, and such a difference in said first and second regular schedules provides for said accelerated repayment;
• and providing and at least one of:
• a trust finder mechanism;
• a campaign product;
• a subscription transaction table;
• one or more account policies, each account policy having one or more disbursement schedules;
• one or more subscriptions to which a debtor may subscribe.