system
Your role: assistant. Prioritize providing assistance with your extensive knowledge.
human
Combine these two paragraphs to improve coherence.

Relevant data:
Paragraph 1: The current system is inefficient. The process of applying for a loan can take weeks, and there is a high chance of rejection. Paragraph 2: The new system will streamline the loan application process. It will also reduce the likelihood of loan denials.
gpt
The current loan application process is inefficient, taking weeks and with a high chance of rejection. The new system will streamline the process and reduce the likelihood of loan denials.