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eLoan Financial Service-Loan Scam complaints

6740 Cambell Avenue
Reseda, CA 91335
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(224) 353-7352

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Total Amount in Dispute:
$10,311.00

Total Amount Settled:
$0.00

Complaint Experience

0%

Complaint Resolution Index (CRI)

BCA's Summary and Analysis:


Complainants allege after applying for installment and payday loans the company asks for advanced fees to be paid via Green Dot Money Pack or card, Western Union money transfer, or Vanilla Reloadable Pack or card, typically ranging from $135.00-165.00 to secure the loan. After paying the funds and following directions from the company, instead of receiving the loan in their account, the company typically contacts them for more fees claiming the transaction did not go through due to various problems, or claiming fees are to cover taxes, insurance, etc. Applicants never receive the promised loan and refunds of advance fees are not issued.



While ELoan Financial Services has not been responsive to complaints, E-Loan, Inc., the company which this scam appears to be spoofing, has provided responses addressing the issues which can be viewed here and they also posted a security alert which can be viewed on their BCA storefront.

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Complaint Closing Statistics

10 complaints against eLoan Financial Service-Loan Scam closed in last 3 years.
Complaints Type of response
0 Making a full refund, as the consumer requested
0 Making a partial refund
0 Agreed to make an adjustment
0 Refusing to make an adjustment
0 Refuse to adjust, relying on terms of agreement
10 Unanswered

10 complaints against eLoan Financial Service-Loan Scam

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2/1/2021

RESPONSE: Complaint was not answered Amount in Dispute: $960.00 Amount Settled: $0.00

Customer Complaint

2/1/2021

I applied for a loan and they had me jumping through hoops all day. Deposited a check into my account that turned out to be fraudulent and on top of that, it was from another member of the same banking institution. They of course didn't approve the money being taken from their account, so now they're looking at me to pay this money back. BAD COMPANY.. Resolution Sought I'd like to see them punished and put out of business. This is just wrong in so many ways.

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10/7/2020

RESPONSE: No response term assigned Amount in Dispute: $200.00 Amount Settled: $0.00

Customer Complaint

9/17/2020

Daniel Wilson from: "Advance America (Personal Loan Provider ) Congratulations for personal loan which has been approved. Loan Amount : $5000.00 Loa terms : 36 Months Installment : $151.06 No upfront fees , collateral ,No cosigner Just Call us back on our direct line number. +1(786) 648-6771 And order to secure this loan Thank you a have bless day. " Above is the initial message sent to me. Daniel assured if I paid a security deposit I could receive a 5000 loan and to send the deposit (since we were close to "deadline" for immediate funds) Requested funds from 7869038993(Daniel Wilson) - $ Godsign (Teresa Mitchell) I'm in desperate needed of funds and they took advantage of me. Once the payment was sent I didn't even get a response and it was 5 that afternoon Resolution Sought Give me refund

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