Patent ID: 6738751
Filing Date: 2004-05-18
Classification: G06Q,G07F

Abstract:
A method for the at least potential payment of real estate rental costs comprised of the steps of:(step 1) establishment of a renter's credit card program by F, wherein F is a financial institution or other commercial lending establishment; (step 2) issuance of a renter's credit card with a line of credit under said program to T, wherein T is a tenant or a potential tenant; (step 3) pre-reserving at least a portion of said line of credit for payment of renter's obligations; (step 4) granting lessor-transactional authorization under said program to L, wherein L is a real estate landlord or potential landlord; and (step 5) optionally the transferring of a security deposit from T to L by debit on the renter's credit card; and (step 6) optionally transferring of at least one increment of rent payment from T to L by debit on the renter's credit card.