Methods, System and Associated Computer Executable Code for Facilitating Credit Transactions

1 . A method for facilitating credit based transactions associated with purchase or lease of goods, a service or real estate having a cost, said method comprising:

receiving over a data network the data indicating the cost of a good or service;

securitizing over a data network the cost of the transaction against a credit line provided by a primary credit provider;

funding at least part of the transaction upon securitization;

intermittently receiving partial payment; and

intermittently re-securitizing an outstanding balance.

2 . The method according to claim 1 , wherein partial payment is received from the primary credit provider.

3 . The method according to claim 2 , wherein partial payment is received from a purchaser of the good or service.

4 . The method according to claim 1 , further comprising:

receiving full balance payment from the primary credit provider upon a re-securitizing failure.

5 . The method according to claim 1 , wherein intermittently receiving partial payment includes receiving one of a set of equal partial payments according to a predefined payment schedule.

6 . The method according to claim 5 , wherein the partial payment is substantially equal to the funded amount plus financing fees and divided by the number of payments to be made.

7 . The method according to claim 1 , wherein intermittently receiving partial payment includes receiving one of a set of non-equal partial payments.

8 . The method according to claim 1 , wherein securitizing the cost of the transaction over a data network comprises issuing a credit request and receiving credit authorization.

9 . The method according to claim 1 , wherein intermittently re-securitizing an outstanding balance comprises issuing credit request and receiving credit authorization.

10 . The method according to claim 1 , wherein intermittently receiving partial payment further includes receipt of transaction related financing costs.

11 . The method according to claim 1 , wherein intermittently receiving partial payment further includes receipt of commission costs.

12 . The method according to claim 1 , wherein a payment plan is amended and custom-made to Consumer needs.

13 . The method according to claim 1 , wherein a payment is accepted from a different source if current payment is declined.

14 . The method according to claim 1 , wherein a transaction is funded through the merchant.

15 . The method according to claim 1 , wherein a transaction funding is divided between several sources of funding.

16 . The method according to claim 1 , wherein a down-payment, for purchases which are at least partially funded by the loan, is funded by dividing the down-payment cost to installments

17 . A transaction system comprising:

one or more transaction servers including collective control logic adapted to: (1) receive over a data network the data indicating the cost of a good or service; (2) securitize over a data network the cost of the transaction against a credit line provided by a primary credit provider; (3) fund the transaction upon securitization; (4) intermittently receive partial payment from the primary credit provider; and (5) intermittently re-securitize an outstanding balance.

18 . The system according to claim 17 , further comprising a securitization module adapted to securitize the cost of the transaction.

19 . The system according to claim 18 , wherein said securitization module is further adapted to receive data relating to the number and/or sum of said partial payments.

20 . The system according to claim 18 , wherein said securitization module is further adapted to receive the data indicating the cost of a good or service from a merchant agent selected from a group consisting of Terminal Merchant Agent, On-Line Merchant Agent, Check-out Provider Agent and Cash Withdrawal Agent.