Apparatus and method for processing loans

G - Physics – 06 – F

Patent

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Details

G06F 17/60 (2000.01)

Patent

CA 2357455

A method for processing loans includes receiving a loan application from a remote location, processing the loan and depositing funds to the debtor's account. Preferably, the loan proceeds are deposited into the debtor's account so that they are available to the debtor on the same day as the loan application, and more preferably within one hour of the loan application being submitted.

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