Some unethical "financiers" utilise the Internet to take advantage of consumers through their internet applications. This can lead to identity theft or passing your details onto umpteen other companies. Before you apply online, always make sure you are using a trusted, well-known company. Most internet e-loan financiers will only ask you for some preliminary information regarding your income, debt, etc. They do this for basic screening; they want to make sure you're reasonably qualified for an e-loan e-loan before spending more time and lolly processing you.