Yes E-linked loan was recognized by the state in 20 14, and it is an outstanding representative of the internet in the national financial industry. E-loan has a strong review of the whereabouts of funds, loan purposes, assets and liabilities, etc. It is forbidden to use loans for non-production and business purposes such as buying real estate, stocks and futures, and it is also forbidden for borrowers to use funds for illegal activities. Therefore, e-loan is legal.