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ELOAN drops to 5.38% ELOAN drops to 5.38%

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Old 12-06-2006, 06:34 PM
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Default ELOAN drops to 5.38%
So sad.
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Old 12-06-2006, 06:47 PM
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Default Re: ELOAN drops to 5.38%
I saw that when I logged in today.
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Old 12-06-2006, 07:02 PM
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Default Re: ELOAN drops to 5.38%

And so it begins...

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Old 12-06-2006, 07:19 PM
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Default Re: ELOAN drops to 5.38%
I think we all saw it coming though.
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Old 12-06-2006, 09:20 PM
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Default 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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Old 12-06-2006, 10:35 PM
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Default 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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Old 12-07-2006, 06:47 AM
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Default 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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Old 12-07-2006, 07:42 AM
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Default Re: ELOAN drops to 5.38%
[Vader] Noooooooooooooo!!!!!!! [/Vader]
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Old 12-07-2006, 08:08 AM
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Default Re: ELOAN drops to 5.38%
Broken Arrow

Here you go!

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Old 12-07-2006, 10:50 AM
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Default 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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Old 12-07-2006, 08:15 PM
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Default Re: ELOAN drops to 5.38%
ugggghh !! I was thinking about moving money to them too....
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Old 12-08-2006, 07:08 AM
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Default 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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Old 12-08-2006, 08:06 AM
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Default Re: ELOAN drops to 5.38%
Isn't their rate still higher than anyone else?
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Old 12-08-2006, 08:21 AM
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Default 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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Old 12-08-2006, 08:39 AM
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Default 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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Old 12-08-2006, 11:05 AM
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Default 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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