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The idea that you could get a loan within minutes.
Under the program, Mr. Hayling must reimburse the loan within 60 days.
He said UKAR would pay back the majority of the loan within the next 10 years.
The venture proved so successful that he managed to repay the loan within two months.
Chrysler had an option to use the loan within a year.
In most circumstances, you have to repay the loan within five years.
"This is the only way really that someone gets an instant loan within three minutes".
The cardholder must repay the loan within three years using point cash accumulated through other purchases on the card.
No borrower who fell two months behind on any loan within the previous two years could get a qualified mortgage.
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Its website offers cash loans within 10 minutes of approval.
Sumitomo Mitsui hopes to sell 1 trillion yen in loans within one year, Mr. Nishikawa said.
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