Pros: Fast response time; Competitive rates
Cons: Many restrictions on certain loans
 

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 ...
 

Pros: Fast service, good loan rate
Cons: None that I had
 

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 ...
 

Pros: Easy and fast application process, fast money
Cons: they take the ball and RUN
 

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...
 

Pros: Easy to use website
Cons: bait and switch tactics; dangerously bad customer service
 

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...
 

Pros: Theoretically quick, Many loan types, Get a quick feel for rates
Cons: Loan products actually not very competitive, Customer service is abysmal, Commissions more or less hidden
 

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 ...
 

Pros: Fast decision
Cons: Lots of pitfalls
 

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...
 

Pros: easy application process, no hassle verifications, check at your doorstep next day.
Cons: dealers may not want to take the check. beware of dealers in this case.
 

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 ...
 

Pros: Very quick, good rates, cheap and easy closing, online loan status was really cool
Cons: sometimes had to tell the agent things twice, but usually she was very responsive
 

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...
 

Pros: Great rates, fast service, nice site
Cons: Perhaps too fast
 

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...
 

Pros: Fast response, easy website
Cons: Deceptive advertising, high fees
 

Six months after completing an online application with E-loan,
I still despise this company. Oh, we were approved, and the
rate was quite good--but we walked away from their deceptive
marketing practices.

At the time, E-loan was...
 

Pros: Can search rates on web site, fast processing, good service
Cons: Rates change hourly, didn't get the rate I expected
 

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...
 

Pros: Online Application
Cons: Poor Customer Service, Deceptive Business Practices, Pre-Approval Process Is a total Lie, ETC.....
 

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...
 

Pros: Ease of use / Loan Options visible up front / Customer Service
Cons: Lack of face to face
 

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

Pros: Competitive rates
Cons: Poor customer service, QA issues, they screw up lots, Don't do what they promise
 

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 ...
 

Pros: Lowest lender fees - pay for appraisal only. Ability to check loan status online.
Cons: Okay customer service. Unfamiliarity by local realtors and escrow/title companies may cause delays.
 

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...
 

Pros: Easy, non-intimidating way to get a loan
Cons: Confusing, intimidating letters 5 months later
 

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...
 

Pros: none that I can see at this point
Cons: e-loan is trying to break the contract
 

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...
 

Pros: Quick initial callback, good followup, decent rates
Cons: long process to closing, constant call backs for info
 

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...
 

Pros: Centralized source of info, fast, anonymous quotes, no annoying salespeople calling you all the time
Cons: Rates are not great--be sure to shop around
 

I'm not sure E-Loan can give the best rates. I want to warn fellow users to be sure to shop around, even when using the "best" online mortgage broker out there.

When you log on to www.gomez.com, you find that E-Loan is the top-rated...
 

Pros: Very fast response
Cons: Mortgage Rate Guarantee is a bunch of crap!
 

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...
 

Pros: Great rates. Low cost. The new, more efficient market.
Cons: Terrible customer service.
 

There is a wonderful trend in the evolution of the electronic brokerages---and that is to create efficiencies in the market that were, at best, a dream just a few years earlier. Before the advent of the e-brokers, the best an average home buyer could do...
 

Pros: easy to apply
Cons: none
 

Hi All...

Well....e-loan came thru for me again. About 9 months ago I was purchasing a new car and applied thru both my local banker and thru
e-loan. I was approved by e-loan quicker than I was by my local banker
and with less...
 

Pros: Fast Check, free loan % rate
Cons: none
 

I really enjoyed the new way to apply online at E-LOAN, it made it so simple to buy a new car.

First i found a car about the price range i wanted, and submitted a application through E-loan. I was looking for 16,500.00 but they gave me...
 

Pros: application available 24 hours a day
Cons: Poor customer service, inability to outline guidelines
 

My wife and I were looking to obtain financing for our new 2001 Honda Civic. I was looking to be preapproved, avoid the hassle of financing through the dealership, and to get a competitive rate. Eloan seemed perfect, they promised that I could apply,...
 

Pros: Very fast - recklessly fast.
Cons: Employees who are clueless and unwilling to help.
 

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.
 

Pros: easy application
Cons: see above!
 

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.
 

Pros: Abosolutely None
Cons: Everything
 

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!
 

Pros: There are none.
Cons: The entire process is too wordy, unreadable material, inaccurate accounting, unreliable for purpose.
 

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!
 

Pros: none
Cons: Using e-loan results in numerous telephone solicitation calls at home.
 

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.
 

Pros: Don't have to wait long for a rejection.
Cons: False advertising of minimum FICO requirements for mortgage.
 

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.
 

Pros: fast, friendly service
Cons: None that I discovered
 

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.
 

Pros: easy to use website, speed of approval and speed of check delivery
Cons: I had absolutely NO problems. It was so easy.
 

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!!!!!!!!