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Question : Applied for eloan auto loan... needs verification?
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?
- asked by Mike W
All Answers: Answer #1This is usually done for a couple reasons. First they want to verify that you are actually you, andsomeone else is not trying to open an account inyour name.The second thing is that they areprobably going to want to verifify your income. So if you have not already done so they willprobably want you to send a copy of a couple ofyour paystubs.Neither of these is anything toworry about if all of the information you enteredon your application was correct.
- answered by OC1999
Answer #2
Conditionally means now they run the credit checksetc. If the credit is lousy you will get turneddown or offered an outrageous interest rate.Whyeloan as opposed to a local condern where you canget your questions answered?
- answered by greta
Answer #3
greta is correct...."conditionally" means nothinguntil they pull your credit file......and thenthat will tell the true story or at least itshould...but then again, why use them and not onethat is local where you will have easy access toyour credit file?Do a background search oneloan......
- answered by dkrg04
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