Method for providing payment of membership dues from loan pre-payment plan
AssigneeEmpp, Inc.
InventorClifford Bendau
Life of this patent
Estimating the term…
Abstract
A method for facilitating participation in a loan prepayment plan by participants who also desire the benefits of participation in a dues-requiring membership organization. As part of the benefit of participating in a loan prepayment plan, a participant has all or a portion of membership dues for the membership organization paid by the plan administrator to the membership organization. In one embodiment, such dues are paid from all or a portion of one or more additional principal payments made pursuant to the prepayment plan. In one embodiment, the underlying loan is a mortgage.
Claims16
A method for providing for payment of membership dues comprising:
- a plan administrator facilitating participation in a loan prepayment plan by a participant;
- and
- the plan administrator facilitating payment of membership dues in a membership organization by the participant who has agreed to participate in the loan prepayment plan.
A method for providing for payment of membership dues comprising:
- a plan administrator facilitating participation in a loan prepayment plan by a participant;
- wherein the loan prepayment plan is a mortgage prepayment plan;
- the plan administrator receiving a payment from the participant;
- and
- the plan administrator delivering at least a portion of the payment to the organization.
Dependencies are inferred from the claim text.