E-Loan

The concept of E-loan is appealing. You've got good credit, you know what you want and you want it quickly. Why should I pay some loan officer a bunch of bucks to do a monkey's job? Unfortunately the implementation falls apart. You still appear to   Read full review...

 I would not shop here again

I filled out an application for a car loan, only $10,000 with a Fico score of 800 and was turned down. No biggie, lots of places will take my business, but the gentlemen from ELoan who called me was very rude! He asked what I was going to do with the car, why I wanted the car since I already had one, and who was the person talking in the background and what were they saying!! NONE of that was his business, if I wanted to give the car to charity it is still none of his business as long as I'm paying for it and who is in my house talking in the background and what they are saying is also none of his business (my child). I am so furious but don't know who to contact!

 I would not shop here again

I would highly suggest going elsewhere if you wish to obtain a home equity loan. We contacted eLoan, they had advertised a low interest rate..bait and switch is what I call it. They did some song and dance about my credit being great but my spouses wasn't so our interest rate would be slightly higher. I didn't understand this. After being married 26 years, I think our credit is equal. The paperwork was awful! Stacks of forms that were so blurry that we couldn't read them, yet they wanted us to sign them. The numbers didn't add up either. We were told to go ahead and sign and they would fix the numbers later. WHY should I sign a messed up contract? We ended up going to a local bank, with a decent interest rate with people WITH faces that live in our community. They did right by us. Bottom line...beware of eLoan, your home is at stake!

 I would not shop here again

This is the text of our BBB complaint on eloan.com. On October 4, 2004 we applied for a home equity loan with e-loan.com. We were assigned a loan representative, Nathan Crowder, and we began providing him with all the documentation required. On   Read full review...

 I would not shop here again

I applied for a loan - I have stellar credit (average score of high 700s) but somehow they got information from Equifax that my score was considerably lower. I offered to fax them a copy of my credit report from 5 minutes after they did their check but they refused - Wayne Gee (the powerless rep) did absolutely nothing but send me the loan documents which made it directly to my shredder.

I got a loan at a lower rate than they advertised by a company that manages to get ACCURATE reports.

Their loss.

 I would not shop here again

We used e-loan to check on refinancing our home more than a year and a half ago. We actually did refinance about 16 months ago. But to this day we're still receiving unsolicited phone calls at home asking if we still want to refinance. Apparently lenders check e-loan to see who is requiring about refinancing and call those people. I must have taken at least 50 calls at home asking if I still want to refinance. We're on the national do-not-call list, but because we approached e-loan first we're fair game for all the solicitation calls. It's, frankly, a pain. I wish we'd never used e-loan.

 I would not shop here again

I used eloan for financing part of the last car I bought. I applied online and received a call back within 5 minutes! I received a check the next morning and bought the car that weekend. It was so easy and painless. I would definitely recommend using eloan for a car purchase. The dealers didn't mess around with prices because I told them I already had financing in place and didn't need their 12% loan! I think it helped us to get a better deal. Easy on us and the dealer. I was skeptical at first but not anymore! Definitely worth it!!!!!!!!

 I would shop here again

We shopped around for a home equity loan/home equity line of credit. Eloan did not have the best rate originally, but they could give me the lowest rate in the end. They had great customer service before I signed the paper. I signed my paper in 2   Read full review...

 I would not shop here again

We filed for this loan because they had a competitive interest rate, and claimed that we would be able to get our loan quickly. While the interest rate doesn't appear to be that bad the speed is slower than molasses in winter. This isn't just due to a   Read full review...

 I would not shop here again

The ELOAN Loan Advisor software allows the user to enter a FICO credit score and retrieve a list of loans available. This is just a trick to get you to apply for a loan so they can have access to your personal and financial information. After applying for the loan, you may find that many (or all) of the loans listed are NOT available because of their true unadvertised minimum FICO score of 700. If your score is 699, too bad, even if they listed two dozen loans that would be available to you before applying. Beware of applying because the credit request is reported on your credit report and too many requests can be damaging.

 I would not shop here again

I found e-loans by surfing the net while searching for ways to finance a car purchase. I was somewhat skeptical at the ads and kept wondering where the catch was. I can honestly say there was none. I have good credit (not stellar credit), but I find   Read full review...

 I would shop here again

E-loan.com is an on- line resource for those who are in need of funds for any number of personal uses. This company, headquartered in Pleasanton, California, specializes in helping people obtain loans, including those with strong credit records and those   Read full review...

 I would shop here again

You have a property zoned as agricultural. My wife & I built a home & garage on 3 acres in Florida (appraised at $450K with a $330K first mortgage) in a developed area. We needed a second mortgage to tie up some construction cost over runs. Incidentally,   Read full review...

 I would not shop here again

I went through E-Loan for an auto loan. Within hours I had been approved. It took about a week to finish all the paperwork. I'd definitely use them again.

 I would shop here again

We were lured into eloan because of their highly advertised 4.65% auto rates. My husband has perfect credit, the highest on the scale, and we filled out the form to apply for an auto loan. Eloan took forever getting back to my husband. They were supposed to contact him within 24 hours, but it took several days for HIM to call THEM. When he finally got ahold of them, they gave him a 6% rate. This isn't bad, of course, but we can get way better rates through our bank and now we have a mark on our credit report because of eloan's false advertisement. Maybe they work for people with bad credit, but people with great credit should shop elsewhere.

 I would not shop here again

My parents are looking at getting a loan from ELoan. I don't know any details about it, but I can surely say that the people are annoying. They called six times last night (Sunday!) between 6:30 and 8:00. This morning, they called TWELVE TIMES, begin   Read full review...

 I would not shop here again

I read through the reviews prior to using E-Loan and wanted to share my experience. The whole proce   Read full review...

 I would shop here again

Working full time, I found this to be a very helpful way to get a loan. I could do almost all the loan work on evenings and weekends.

If you see a rate you like, you will miss it unless you have already gone through their application   Read full review...

 I would shop here again

AWFUL experience with out of state car purchase. Eloan daily changed what we needed to do to have our loan funded and for 2 weeks, we jumped throw their hoops. But after we did everything they asked, they decided that they would not fund the loan until   Read full review...

 I would not shop here again

I recently closed successfully with Eloan few days ago. My realtor expressed some apphrension about working with somebody outside of town. Nevertheless, after going thru their website and comparing the (lowballed) GFE's from local lenders, I was   Read full review...

 I would shop here again

We just closed on our house which we mortgaged through e-loan and had a great experience. The total time from our application submittal to closing was 20 days.

We submitted our application on a Saturday morning. As soon as it was submitted, I   Read full review...

 I would shop here again

My husband and I applied for a home loan and were pre-approved for the amount we requested. My credit is good, but he doesn't have the best credit and we are working our way up. Since we were pre-approved, we went ahead and put earnest money on the   Read full review...

 I would not shop here again

My advise, plain and simple.
Avoid the middle man, and go directly to the lender who will service your loan. You can save 1 to 2 points by going directly to a lender who will service your loan (ex: Wells Fargo). Although E-Loan indicates a fast   Read full review...

 I would not shop here again

Given the recent (early November 2002) drop in interest rates, we decided to shop around to see whether refinancing our mortgage made sense. After looking at various online sources and getting quotes, we knew it was time to refinance. We had used a   Read full review...

 I would not shop here again

I can't say enough unkind words to express my experience with E-Loan. While they purport to have a brilliant and easy service, the fact is they are very disorganized and ignorant to customer service. They did a number of things wrong with regard to my   Read full review...

 I would not shop here again

I was searching for Mortgage companies with suggestions from my Realtors and relatives. When I started receiving Good Faith Estimates(Always First Demand Good Faith Estimates Before You Start With Any Loan Co.), I couldn't believe the charges. Watch   Read full review...

 I would shop here again

We used eloan to buy a used Honda CR-V. Great rate (I got 6.14%). the biggest problem was that it took a while to get the check. It took about a week from the time they received the documents until the check finally showed up at the dealership. I   Read full review...

 I would not shop here again

I just completed a refinance with E-Loan and It was the most stressful loan experience I ever had. They make it look easy on their web site, but it's not. Customer service is non-existant and their online loan tracking
"etrack" is a joke. It   Read full review...

 I would not shop here again

I recently attempted to refinance my mortgage with eloan. The application process was quick and relatively painless and the quoted rate was good.

Unfortunately, thats when the trouble started. They didn't call me back despite numerous calls   Read full review...

 I would not shop here again

I filed for Bankruptcy a few years ago so getting a mortgage isn't as easy as it should be. I've re-established my credit and have a credit score near 700. I had one broker tell me that my report looks like a normal healthy report, without looking at   Read full review...

 I would not shop here again

I was originally notified about the great e-loan rates through an airline promotion (via my frequent flier program). I checked out the rates and saw the promises of near real-time turn around for processing and approval.

While the rates are   Read full review...

 I would not shop here again

Well, not really, but they did save me some money. I love my credit union - it has good checking rates, and I have always had good auto loan experiences. When I applied for a home equity loan, though, the credit union took literally months to get   Read full review...

 I would shop here again

I love E-Loan and I hate E-Loan. I purchased a car in January 2000 and used E-Loan to write the note. It was a very easy process, very fast, and they had super competitive rates. However, I just filled out the paperwork to refinance my house. I   Read full review...

 I would not shop here again

Heard all the commercials about "close within 5 days", yada, yada, yada. ELoan was quick to call me after I submitted an on-line application (within 1 day I was called back). I made sure I was quick to get back any information they had requested   Read full review...

 I would not shop here again

I financed my most recent automobile through e-loan and had a perfectly wonderful time going through the system.
I researched rates with the dealership, my bank, my credit union, and other online sources and couldn't do better than e-loan. I filled   Read full review...

 I would shop here again

My wife and I decided to buy a new car as she had just started a new job and needed reliable transport. I checked around and found that the 7.35% rate from E-Loan for up to six years was the best there was and I applied for a loan.
I tried to use   Read full review...

 I would not shop here again

Although I admit that some of it may have been luck I had an amazingly positive experience with E-Loan.

I ran across E-Loan when researching a car on one of the car web sites. I was so preoccupied with trying to figure out which car to get   Read full review...

 I would shop here again

My experience with buying a car via E-loan was relatively pleasant. I had tried to get one from PeopleFirst and even with perfect credit, I got rejected flat out (presumably because I was asking for too large a loan in relation to my salary). So, I tried   Read full review...

 I would shop here again

I realize this is a very long message, but if you are considering going thru e-loan, please read this.
My fiancee and I were trying to buy him a new truck, so after much research we tried e-loan. At first it seemed great, we were approved within   Read full review...

 I would not shop here again

Okay - heres the story:

Yesterday I am driving along and listening to all the car ads on the radio and it strikes me that tomorrow (today) is the last day of the month and this is the end of the model year, so it would be a REALLY great day to   Read full review...

 I would not shop here again