Patent ID: 8103549

Claim:
A computer associated with a lending institution to thereby define a lending institution computer to allow one or more draws to a line of credit coupled to one or more of a plurality of prepaid card accounts, the lending institution computer comprising: one or more processors; one or more input/output units; non-transitory memory encoded with computer program operable by the one or more processors so that during operations thereof, a lending institution computer is operable to perform the following steps: establishing a line of credit coupled to one or more of a plurality of prepaid card accounts, the line of credit having a total credit limit and to be drawn in one or more of a plurality of separate predetermined loan increments each being equal in value and less than the total credit limit; determining, responsive to receipt of data indicating that a value of a proposed purchase associated with one or more of the plurality of prepaid card accounts is greater than a value associated with the one or more one of the plurality of the prepaid card accounts, a number of separate predetermined loan increments to be drawn from the line of credit so that the number of separate predetermined loan increments multiplied by the value of one of the plurality of separate predetermined loan increments plus the value associated with the one or more of the plurality of prepaid card accounts exceeds the value of the proposed purchase by less than the value of one of the plurality of separate predetermined loan increments; and releasing draws from the line of credit in the number of separate predetermined loan increments determined by the lending institution computer to thereby define drawn predetermined increments when the drawn predetermined increments and a total value of a predetermined loan advance fee corresponding thereto collectively do not exceed the line of credit balance available, the total value of the predetermined loan advance fee being equal to a predetermined loan advance fee multiplied by the number of separate predetermined loan increments.