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APPARATUS FOR FINANCING MOBILE EQUIPMENT

  • US 20140229367A1
  • Filed: 02/13/2013
  • Published: 08/14/2014
  • Est. Priority Date: 02/13/2013
  • Status: Abandoned Application
First Claim
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1. A method of repaying credit used to finance a purchase of a purchased item comprising:

  • a first processor for detecting that a financial transaction is being initiated at the purchased item;

    a second processor for calculating a portion of the purchased item to be repaid upon detecting that a financial transaction is being conducted at the purchased item; and

    automatically repaying the calculated portion of the purchased item to be repaid responsive to the detecting that a financial transaction is being initiated at the purchased item.

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