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12-06-2006, 06:34 PM
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Hopeless Optimist
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Join Date: Oct 2005
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ELOAN drops to 5.38%
So sad. 
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12-06-2006, 06:47 PM
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$ Saving HS Senior
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Location: MASSACHUSETTS
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Re: ELOAN drops to 5.38%
I saw that when I logged in today. 
__________________
Save a penny for a rainy day, and a few for when the sun is shining. :)
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12-06-2006, 07:02 PM
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Debt Freedom Fighter
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Re: ELOAN drops to 5.38%
And so it begins...
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"Never attribute to malice that which can be adequately explained by stupidity." - Anonymous
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12-06-2006, 07:19 PM
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$ Saving College Senior
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Re: ELOAN drops to 5.38%
I think we all saw it coming though.
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12-06-2006, 09:20 PM
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$ Saving HS Senior
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Re: ELOAN drops to 5.38%
I'm either going to move my money back to ING or start selling drugs. Maybe both.
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12-06-2006, 10:35 PM
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$ Saving Fourth Grader
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Re: ELOAN drops to 5.38%
A bit of a downer, but still very competitive. If they continue to decrease it though........
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12-07-2006, 06:47 AM
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Hopeless Optimist
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Re: ELOAN drops to 5.38%
The spread between E-LOAN and GMAC is small enough now, I'm going back to GMAC.
Even more shocking to me is ELOAN's 1-year CD. Down to 5.25%. Zoiks.
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12-07-2006, 07:42 AM
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Re: ELOAN drops to 5.38%
[Vader] Noooooooooooooo!!!!!!! [/Vader]
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12-07-2006, 08:08 AM
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$ Saving Fourth Grader
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Location: Texas
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Re: ELOAN drops to 5.38%
Broken Arrow
Here you go!

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12-07-2006, 10:50 AM
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$ Saving HS Senior
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Re: ELOAN drops to 5.38%
Does anyone know why ELoan isn't in the Bankrate list of highest yielding savings and money market accounts?
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12-07-2006, 08:15 PM
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$ Saving Sixth Grader
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Re: ELOAN drops to 5.38%
ugggghh !! I was thinking about moving money to them too....
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12-08-2006, 07:08 AM
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Re: ELOAN drops to 5.38%
Considering their recent history of transaction problems and now their lowered rates, I am thinking about moving my money out. Definitely can't recommend it to anyone now.
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12-08-2006, 08:06 AM
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$ Saving HS Senior
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Re: ELOAN drops to 5.38%
Isn't their rate still higher than anyone else?
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12-08-2006, 08:21 AM
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Re: ELOAN drops to 5.38%
Yes, and I'd be perfectly fine with it if it wasn't for all the reports of transaction errors floating around. I'm currently staying put, but if anything hiccups, I'll gladly trade in 0.13% interest for reliability.
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12-08-2006, 08:39 AM
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Hopeless Optimist
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Re: ELOAN drops to 5.38%
In addition to the transaction errors that BA mentions, I also find the maximum of 1 linked account quite annoying.
Let's face it, everyone has their price, and for me, a difference of .13% just isn't big enough.
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12-08-2006, 11:05 AM
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$ Saving HS Senior
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Re: ELOAN drops to 5.38%
I've had no problems with ELoan. I guess I've been lucky as I've never experienced a problem with any of my online savings accounts. But, I would like to see more orange.
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