E-LOAN, Inc. (Nasdaq:EELN), a leading online lending company, today launched a free service to provide consumers with a credit score and a credit score analysis that helps them identify and understand actions they can take to improve their score. Consumers receive personalized guidance to help them interpret their score, including the factors that are most significantly impacting their score. Armed with this knowledge, consumers can improve their score and ultimately lower their overall cost of borrowing and better manage their debt. In addition to this free service, when the consumer applies for a loan they receive a more detailed report that recommends very specific actions they can take and the potential score increase associated with taking those actions. E-LOAN has partnered with CreditXpert, Inc., the leading provider of personalized consumer credit management tools and content, to make these credit scores and analyses available.

Published: April 23, 2001

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