Patent ID: 7774269
Filing Date: 2010-08-10
Classification: G06Q,G07F

Abstract:
1. A future financing method comprising: receiving two or more payment vouchers at a point of sale by a merchant for goods or services by a presenter of said two or more payment vouchers before delivering said goods or services accessing a payment voucher history database coupled with a computer; accessing from said computer a positive payment voucher writing history from said payment voucher history database wherein said positive payment voucher writing history comprises one or more positive characteristics associated with said presenter chosen from verifying the positive payment voucher writing history associated with said presenter; accepting said two or more payment vouchers from said presenter on said verifying said positive payment voucher history without relying on said credit report; selling said two or more payment vouchers by said merchant to a check guarantee entity; and, receiving full payment minus a service charge before said second date for said goods or services from said check guarantee entity by said merchant upon said selling of said two or more payment vouchers to said check guarantee entity wherein said check guarantee entity receives payment from said two or more payment vouchers at said first date and said second date that occurs after said first date.