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To up the ante from Galifianakis' infamous October appearance on the show, during which he lit up a (fake) joint to advocate for the legalization of marijuana, Maher took out a tray of heroin paraphernalia for the star, who was instantly game to loan his veins.
Idea, a rival, asks potential small-business customers for the passwords to their existing online-banking facilities; after a quick scan of their past transactions it instantly makes a loan offer.Factors beyond the control of bankers also helped.
Mortgages had to be approved chop-chop, loans pooled instantly.
They are improving efficiency and reducing the need for tedious legwork in tracking skips — those delinquent borrowers who are the hardest to find — using technologies like automatic license plate recognition, which allows them to troll city streets and instantly identify cars whose loans are in arrears.
Although credit unions can provide loans at a much lower cost than many commercial alternatives, they do not tend to lend instantly.
Borrowers can quickly tailor that page to their own qualifications — like down payment, credit rating and loan type — and the loan offers change almost instantly.
That is the banking system's economic function; it transforms short-term liabilities (deposits that can be instantly withdrawn) into longer-term loans.
"When people hear student loan benefits, they instantly think it's very expensive.
When her parents divorced a year later, their assets were frozen and the loan became due instantly.
Small businesses in the U.S. can thank Fair, Isaac for giving banks the ability to instantly size up creditworthiness and make nationwide loans by phone and fax.
There is a specific subset of private student loans that can be almost instantly discharged in bankruptcy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com