I used E-Loan about a year ago for an auto purchase and it was smooth as
could be. BofA owned the loan which encouraged me to pay it off...they were
somewhat difficult to deal with and very impersonal.

I recently had a "bad" experience with ELoan in a home equity loan...they
apparently lost my file resulting in phone calls not returned, and
eventually I went to a different lender because they never responded. When
I emailed the loan specialist and cc'd the president of ELoan about my
problem, they responded within minutes and were very interested in solving
the problem. I'm a cynic, but left believing that they were a decent
company interested in closing the loan and providing customer service
through the app process, but something had gone bad with their system. I
would borrow through them again, even given the bad experience.

"JELo" <jelo@nospam.mail.com> wrote in message
news:3b6f4fde$1_3@corp.newsgroups.com...
> Anybody used E-Loan to finance a vehicle purchase
> as opposed to the local bank/credit union, or dealer?
> The rates they advertise seem to be pretty good
> compared to the locals but are there any pitfalls,
> problems, complications, things you need to watch
> out for? This would be for a new ordered vehicle not
> one off the lot. Thanks, JELo
>
>
>
>
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