Apparatus and method for minimizing consumer borrowing costs
CA 2370368 A1 · Owner: Den Hoed, Doug · Inventors: Den Hoed, Doug
Overview
Its claims, description and drawings are in the Canadian Patents Database.
Open the CIPO recordAbstract From the Canadian patent
There is disclosed a loan optimization system and method for advising users regarding the, possibility of refinancing various loans or mortgages where financing cost savings can be, realized. The system stores loan particulars of existing borrower loans in a loan database and, upon detection of a trigger condition with respect to a particular borrower loan will scan a, product database containing product particulars for various alternative prospective loan, products available in the market and identify any possible prospective loan products which, would create savings and meet the user's requirements. Loan comparison methods of, varying complexity are disclosed.
Read the whole patent
Listed from its CIPO record in Patent Yard's archive of Canadian patents past their term. Its claims, description and drawings are in the CIPO record and on Google Patents, and the Claude kit works from them.
Why it's free to use
- Filed February 4, 2002. No grant is recorded for it in Canada; had it been granted, its 20-year term would have ended February 4, 2022.
- A certificate of supplementary protection adds at most two years for a drug, so even that would have ended by February 4, 2024.
- We check Canadian rights only. A patent in its family in another country could still be in force: check its family on Google Patents.
Timeline
Timeline From CIPO dates
Sources & verification
Official CIPO records
Everything on this page comes from the CIPO record linked above. Contains information licensed under the Open Government Licence – Canada.