Hey I applied for a auto loan with eloan. Got an email saying I was conditionally approved, and to call a number to verify certain information in my application and credit report.
Has anyone ever dealt with this and eloan? What do they look for?
Applied for eloan auto loan... needs verification?
Conditionally means now they run the credit checks etc. If the credit is lousy you will get turned down or offered an outrageous interest rate.
Why eloan as opposed to a local condern where you can get your questions answered?
Applied for eloan auto loan... needs verification?
This is usually done for a couple reasons. First they want to verify that you are actually you, and someone else is not trying to open an account in your name.
The second thing is that they are probably going to want to verifify your income. So if you have not already done so they will probably want you to send a copy of a couple of your paystubs.
Neither of these is anything to worry about if all of the information you entered on your application was correct.
Applied for eloan auto loan... needs verification?
greta is correct....%26quot;conditionally%26quot; means nothing until they pull your credit file......and then that will tell the true story or at least it should...but then again, why use them and not one that is local where you will have easy access to your credit file?
Do a background search on eloan......
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