Patents by Inventor Lee Brooks

Lee Brooks has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • System and method for offering unsecured consumer credit transactions
    Publication number: 20040225545
    Abstract: A payday loan system is provided. An employee is issued a stored value card. The employee's wages are direct deposited to the stored value card. The holders of the stored value card are provided with advances on future wages. The payroll cycle is tracked so that collection is triggered on the pay date. The stored value card account is accessed for the purpose of collecting repayment of the advance. After an employer makes a regular payroll deposit, the amount of the advance is collected.
    Type: Application
    Filed: May 8, 2003
    Publication date: November 11, 2004
    Inventors: James E. Turner, Jason Brooks, Lee Brooks