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Business Profile

Loans

E Loan Finance

This business is NOT BBB Accredited.

Find BBB Accredited Businesses in Loans.

Information and Alerts

Accreditation Status

This business is not BBB accredited.

Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation.

To be accredited by BBB, a business must apply for accreditation and BBB must determine that the business meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses must pay a fee for accreditation review/monitoring and for support of BBB services to the public.

BBB Rating

F

Reasons for Rating

  • BBB concerns with the business's practices.
  • Failure to be transparent about ownership, location, or products/services offered

How does the Better Business Bureau rating system work?

Ratings range from A+ to F, based on factors like customer complaints, transparency, and responsiveness. Customer reviews do not impact the BBB rating. BBB also seeks and uses information directly from businesses and public data sources. Please find more information about our rating system.

BBB ratings reflect how a business is likely to interact with customers. Ratings update automatically as new information is received. In some cases, a business's grade may be lowered if the BBB does not have sufficient information about the business despite requests for the information.

Alert Details

This business has 1 alert.

Alert

In August 2018, BBB investigated E Loan Finance’s business practices. This investigation was prompted by consumers’ information that the company was offering a loan via text messaging. In our research we found that the company is not registered with the PA Dept of Banking and PA Div. of Corporations, as required by law.

Based on the information detailed above, BBB cannot state with confidence that we have a clear understanding of the business.


Important Information

Additional Info

In
August 2018, BBB investigated E Loan Finance’s business practices. This
investigation was prompted by consumers’ information that the company was
offering a loan via text messaging. In our research we found that the company
is not registered with the PA Dept. of Banking and PA Div. of Corporations, as required by law.

In talking with the owner of
the company, they provided 4 Welsh Way Pittsburgh, Pennsylvania as their
location. BBB confirmed by the Allegheny Assessment Website that no such address exists and that the address provided
by owner Jason Williams is not real.

A letter
sent to the above stated address was mailed out on 08/22/2018 asking for the
business to provide business locations & contact information, required licensing
information and business history and details. On 9/4/2018 this letter was
returned by the post office as non-deliverable.

Based on the information detailed above, BBB cannot state with confidence that
we have a clear understanding of the business.


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