Frank B Simon

US Patent:

20040177034, Sep 9, 2004

Filed:

Mar 19, 2004

Appl. No.:

10/804872

Inventors:

Frank Simon - Bonsall CA, US
Mike Simon - Fallbrook CA, US
Ron Mueller - Bonita CA, US

Assignee:

Payment Protection Systems, Inc.

International Classification:

G06F017/60

US Classification:

705/038000

Abstract:

A system to encourage on time repayment of loans includes electronic apparatus coupled to a critical system of certain equipment; for example, the ignition system of an automobile. Apparatus includes mechanism whereby a user-operator is able to enter a code. Entry of a correct code serves as indication that a payment has been made and enables further use of the equipment. On failure to timely make payments, a user is prevented from using the equipment as the apparatus is arranged to disable the equipment by way of the critical system to which it is coupled. Both a user-operator interface and critical system interruption circuit are coupled to a logic processor which is easily mounted onto equipment subject to the program.

US Patent:

20070299567, Dec 27, 2007

Filed:

Aug 29, 2007

Appl. No.:

11/896091

Inventors:

Frank SIMON - Bonsall CA, US
Mike SIMON - Fallbrook CA, US
Ron MUELLER - Bonita CA, US

Assignee:

Payment Protection Systems, Inc. - Fallbrook CA

International Classification:

G06Q 40/00

US Classification:

701001000, 705035000

Abstract:

A system to encourage on time repayment of loans includes electronic apparatus coupled to a critical system of certain equipment; for example, the ignition system of an automobile. Apparatus includes mechanism whereby a user-operator is able to enter a code. Entry of a correct code serves as indication that a payment has been made and enables further use of the equipment. On failure to timely make payments, a user is prevented from using the equipment as the apparatus is arranged to disable the equipment by way of the critical system to which it is coupled. Both a user-operator interface and critical system interruption circuit are coupled to a logic processor which is easily mounted onto equipment subject to the program.

US Patent:

61956481, Feb 27, 2001

Filed:

Aug 10, 1999

Appl. No.:

9/371697

Inventors:

Frank Simon - Bonsall CA
Mike Simon - Fallbrook CA
Ron Mueller - Bonita CA

International Classification:

G06F 1730

US Classification:

705 40

Abstract:

A system to encourage on time repayment of loans includes electronic apparatus coupled to a critical system of certain equipment; for example, the ignition system of an automobile. Apparatus includes mechanism whereby a user-operator is able to enter a code. Entry of a correct code serves as indication that a payment has been made and enables further use of the equipment. On failure to timely make payments, a user is prevented from using the equipment as the apparatus is arranged to disable the equipment by way of the critical system to which it is coupled. Both a user-operator interface and critical system interruption circuit are coupled to a logic processor which is easily mounted onto equipment subject to the program.