主权项 |
1. A method of managing a revolving credit account that has been accepted and funded by a plurality of service clients, the method comprising the steps of:
accepting and evaluating applications from potential service clients; approving the potential service clients into the revolving credit account as an approved service client; accepting and evaluating applications from potential end users of the revolving credit account; approving the potential end users into the revolving credit account as approved end users; adding the approved end users into the revolving credit account; setting up a credit limit for each approved end user; setting up a payment plan for each approved end user, said payment plan including a billing cycles, a grace periods, a payment schedule, and an annual percentage rate for calculating finance charges; deciding whether to approve or deny request for payment by service clients for products and services sold to end users; accepting payments from approved end users for the cost of products or services bought by end users from service clients, any accumulated finance charges, and any fees; distributing the payment to service clients, said distribution is based on conditions set forth between service provider and service clients. |