eLoan.com Complaints & Reviews - eLoan.com is a scam!

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eLoan.com

Posted: 2007-04-11 by Susan Lee Foote

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eLoan.com is a scam!

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We went online to try to get a payday advance, we went to eloan.com and applied for a personal loan, we were approved for a $5,000.00, within a couple of days we received faxes where we just had to sign it, fax it back with proof of identification and they were charging $770.00 on insurance to guarantee the loan, because of them having such a reputable name we went through with it, sent them an entire paycheck to get this loan, we did this on a Wednesday, they said the money would be deposited into our account via wire transfer by that Friday, well it never came, we immediately started calling eloan.com, as it turns out, someone is hacking into their website and scamming people out of the hard earned money they have made, according to the "real" eloan company, there is nothing that can be done other than report it to the fraud dept., as of this date, we still have not gotten the $770.00 back, we have called them and been cursed at, they actually had the nerve to say if we would send another $600.00 in taxes they would release the loan to us still, BEWARE if you go to the eloan.com website, they DO NOT do personal loans, this was a surprise to us!!!

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17th of Apr, 2007 by Ck [send email]

+1 Votes

ELOAN is a totally INSECURE company!! They have hackers stealing their customers personal information from online applications. And They KNOW about it!! Where is the Warning on their web page?!? Wheres the Beware?!? I applied for a $5000 unsecured loan, which I was called back on and approved for. I was told from the fake eloan representative that I needed to send a $770 insurance payment prior to the loan being drafted into my account. I sent it through Western Union thinking eloan was a solid reputable company. WRONG!!! The money still wasn't there. They then said I had to send another $750 because I needed maximum insurance. This is "Eloan" remember. I never saw a dime. Meanwhile I just got out of the Military and didnt have all that money in the first place. I had to borrow the "insurance" money from somebody guaranteeing I would pay it back in a day. I am now out $1520, and full of bills that need to be paid. ELOAN is terrible and took no steps to warn their customers of this scam being ran out of California, Canada, and wherever else!

14th of May, 2008 by M Diallo [send email]

0 Votes

I almost got taken in by this same scam. I applied through E-LOAN for a personal loan. I was directed to the Citifinancial website. They turned me down and I thought nothing of it. A few days ago someone claiming to be from E-LOAN stated I was approved for the a $10, 000 loan and needed to send $850 to secure the loan. I gave them my routing number and checking account number to wire the money into my account. They faxed over the "loan agreement" I signed it faxed back a copy of my paystub, id, soc security card and then was told to wire the money by MoneyGram. What alerted me and made me stop and think was the representative said that I had to call her when I got to the Moneygram location before she would give me the instructions. She also said that I had to use the form that was for sending money to a person and not the Express Payment form used for sending payments to companies. When I got to the Moneygram location the "loan rep" didn't pick up the phone I call 3 times. An angel must have been looking out for me. I left Moneygram and then called Moneygram and spoke to an agent about my situation and they confirmed that this was a scam that was happening to thousands of people and I should not send the money. I immediately closed my bank account and alerted the credit bureaus. I also contacted E-LOAN and a Specialist assured me the FBI is involved. I believe E-LOAN should just refund the money to the people who have been affected or everyone should just start a class action lawsuit. How are these people stealing are information anyway. They had to have gotten my number from the E-LOAN website.

3rd of Nov, 2010 by

rhyce

0 Votes

I am one of the recent victim of eloan. I should have followed my gut feeling. but when you need money you don't think anymore. They told me I got approve of $1, 500. I already paid them all the fees. Now I receive an email that there is a problem and I am to call them immediately. I called them and no one was answering. I emailed then again. Then told me my loan was increase to 5, 000.00 and I need to pay another fees for that. I emailed them that I hope I am not a victim of a scam. They noted on their email not to use the word scam since it will affect them. Now I don't know what to do. I need to pay someone tomorrow and now I don't have any cash left. What can we do to stop this and get our money back?