You would fill out an application with details about the type of loan you seek, your income, etc.. (homebuyinginstitute.com)
Your consumer report contains historical information about your individual borrowing behavior, along with recent loan seeking behaviors. (growingfamilybenefits.com)
Usually, this is 24 hours though, depending on the size of the personal loan sought, it may take longer. (badcreditloanservices.com)