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LendingTree Review

Reviews 13,522
LendingTree
Visit Site
LendingTree
LendingTree
Excellent
Reviews 13,522
Michael Dinich
May. 18, 2022
3 min read
Michael Dinich
LendingTree Summary
LendingTree lets borrowers take advantage of the competition between personal loan lenders to access better terms, rates, and loan amounts, even if you have poor credit. It gives customers the ability to compare offers simultaneously, empowering them to find a solution based on their unique circumstances.

Pros

  • Large network of reliable lenders
  • No fees for connecting with loan providers

Cons

  • Not a direct lender, meaning rates can vary
  • Specific information on loan types lacking

LendingTree LendingTree Visit Lending Tree

Overview

LendingTree was created with the specific goal of simplifying the loan research process for borrowers. Founded in 1996, it has quickly become one of the leading online lending marketplaces, giving customers the ability to compare offers from several reputable lenders simultaneously. LendingTree has a host of well-known lending institutions in its network and can provide customers with an unparalleled range of loan options for every need. It is important to note that LendingTree is not directly a lender, but can help you find the funding you need for any purpose.

Suitable For?

Borrowers who want to compare various loan offers

If you prefer to compare your loan options before making a final choice, LendingTree presents a solution. With LendingTree you can avoid the complicated process of applying for several loans separately, or having to do research on your own. Instead, LendingTree handles all the heavy lifting by delivering a list of lenders that are likely to approve you for a loan at beneficial terms.

Borrowers with bad credit

If you have bad credit, LendingTree offers you a solution because it works with different lenders, meaning that you are more likely to find a loan that suits your needs. The business model is based on loan providers competing for your business, which in most cases means you will get more favorable loan terms and amounts.

Loan Features

The most obvious feature that stands out is the swift process for finding the right loan. Normally, researching loans and finding the right provider could take weeks or even months. LendingTree has effectively streamlined the process, and takes just a few minutes to show you potential lenders that match your needs and creditworthiness by using a single pre-qualification application.

LendingTree offers personal loans for a variety of reasons, including medical expenses, major spending, and debt consolidation. It can generally offer good interest rates thanks to its competitive marketplace, where lenders will compete for a borrower’s business, and not the other way around. Moreover, if you need to see the real impact of a loan, or your expected repayments, you can use one of LendingTree’s great calculators to understand a potential loan’s financial impact. 

LendingTree’s highlights:

  • A collection of articles and guides
  • A competitive online loan marketplace
  • A single application to prequalify for most lenders
  • Use your loan for any purpose
  • Access a variety of different loan products
  • Find unsecured personal loans for up to $50,000
  • See the implications of your loan with repayment calculators
  • Responsive customer support

The Application Process

To get started, fill out a single application that pre-qualifies you for a range of different loans. This form does not ask for any sensitive personal details, instead focusing on your contact information and some financial specifics like your income level, housing status, and similar data.

LendingTree’s initial application does not include a hard credit pull, so your scores will remain unaffected. Once you have been approved, which takes a few minutes in most cases, you will be shown at least 5 options that match your creditworthiness and loan amount requirements. After choosing an option, you will finish applying directly with the lender selected.

Loan Terms

LendingTree offers a variety of different loan terms and amounts. Even if you have less than perfect credit you should get approved with relative ease thanks to LendingTree’s extensive network of lenders. 

LendingTree requirements:

  • US citizen or permanent resident
  • At least 18 years old
  • A verifiable bank account
  • A steady source of income

Furthermore, LendingTree also reviews your debt-to-income ratio, checks geographical location, and performs a soft credit inquiry to help increase the likelihood of loan provider approval. A lower credit score does not mean that you will be denied a loan, although it might result in higher interest rates. It is worth noting that while LendingTree does not require any further details, the lender you are matched with might make specific requests to complete your application. When applying with LendingTree, make sure to have the following documents prepared:

  • Recent paystubs
  • Proof of residence
  • A government-issued ID such as your passport or driver’s license

Overall, the interest rates and terms offered by LendingTree's partners are competitive. Additionally, LendingTree is flexible and will let you use the funds for most purposes.  

LendingTree offers to match you with lenders that can help you access financing for specific purposes such as major spending projects, home improvements, and debt consolidation. While LendingTree does not set interest rates itself, its lenders generally offer interest rates between 6.99% - 35.99%. Keep in mind that these rates may vary from lender to lender.

LendingTree LendingTree Visit Lending Tree

Repayment Terms

LendingTree offers a range of repayment terms for its customers. While specific loan terms are agreed upon with the lender you select, LendingTree’s partners offer loan terms that may range from as little as 3 months to as much as 180 months. Interest rates are also competitive, ranging from 6.99% - 35.99%. One of the benefits of LendingTree is that you can compare rates and terms across several competitors to find the option that suits your needs, even for the same loan amount. It is important to note, however, that LendingTree does not directly set your interest rate or repayment term. The company works with reputable lenders, who offer transparent terms and will negotiate directly with you before you sign any agreement.

Privacy & Security

The security of your information is a concern when using a service that shares personal data with loan providers. LendingTree recognizes this concern and addresses it by taking steps to protect your data. While LendingTree does share your information with third parties, it devotes effort to ensure safety, and is transparent as to how that information is used and with whom it is shared. Additionally, the company utilizes encryption on all their webpages, meaning that any information you share is protected and stored on secure servers.

Customer Service

Overall, LendingTree’s customer service is efficient. You can reach the company by telephone on weekdays and Saturdays during business hours, as well as via email. The company places emphasis on education in the form of informative articles about loans and personal finances. There is no FAQ section to be on the site, but nevertheless it’s easy to find most of the information you’ll need on the site. 

How LendingTree Compares


 lendingtree credible
APR6.99% - 35.99%5.20% - 35.99%
Minimum credit scorenone680
Loan amounts$1,000 - $50,000$600 - $50,000
Loan term3 - 180 mo.24 - 84 mo.

When it comes to APR rates, LendingTree is comparable to Fiona or Credible. However, where LendingTree really stands out from Credible and other top companies, is its lack of minimum credit score requirement, meaning lenders its network will offer loans to borrowers who have less than ideal credit. Even Financial asks for a relatively low minimum credit score with 580, whereas Credible only accepts borrowers with credit scores over 680.

In terms of loan amounts, LendingTree has a relatively low maximum, meaning it's better if you're looking for a smaller loan. If you need to cover a larger expense, Credible is a good option with a $50,000 maximum and Even Financial pulls ahead with a $100,000 maximum. However, LendingTree offers a lot of flexibility in terms of its loan terms, offering loans from as short as 3 months all the way up to 180 months.  

FAQs

Does LendingTree charge any fees?

LendingTree does not charge any fees for putting you in touch with a lender. You simply fill out the online application and you will see different loan options within a matter of minutes. 

My credit score isn’t great, is this a problem?

There is no minimum credit score required in order to get a loan facilitated by LendingTree. In addition, when applying for a loan with LendingTree you will not be required to run a hard credit pull, which can affect your score. While you can still get approved for a loan even with not-so-great credit, keep in mind that this tends to mean you will receive a loan with less favorable terms.

What are the requirements for receiving a loan?

LendingTree requirements are quite straightforward - you must be a U.S citizen or permanent resident, you must be at least 18 years old, and you must have a verifiable bank account and a steady source of income. Keep in mind that once you reach out to a specific lender you may be asked for more documentation. 

What can I use my loan for?

LendingTree doesn’t stipulate any ironclad requirements for how you use your loan. The lenders the company links you up with can provide secured and unsecured personal loans from $1,000 to $50,000 for any purpose you need.

Summary

By placing the power in the hands of borrowers, individuals seeking financing can take advantage of the competition between LendingTree’s lenders to access better terms, rates, and loan amounts. LendingTree offers a single straightforward application for connecting borrowers to lenders and a user-friendly lending network that can even accommodate borrowers with less than stellar credit. Considering the variety of loan purposes and types, LendingTree can help you borrow the funds needed at rates designed to match your unique circumstances. Though not directly a lender, LendingTree’s network delivers competitive interest rates alongside loan amounts designed to cover your financing needs.

Physical Address

LendingTree LLC

11115 Rushmore Drive

Charlotte, NC

28277

LendingTree LendingTree Visit LendingTree

Michael Dinich
Written by
Michael Dinich
Michael is the founder and CEO of WealthOfGeeks.com. He has worked in personal finance since 1999. He shares unique insights on how to save money, increase income and prepare for retirement. Michael is a sought-after finance professional in the areas of taxation, personal finance, and health insurance planning. He writes for BestMoney and enjoys helping readers make sense of the options on the market.
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Trustpilot reviews
See what some customers are saying about LendingTree
LendingTree
Excellent
Reviews 13,522
on
Excellent
81%
Great
10%
Average
2%
Poor
1%
Bad
6%
D
derek cato
a day ago
I was able to get everything done…
I was able to get everything done within 24 hours, that's including the money being transferred into my account.
C
carlos castro
a day ago
Good answer!!
Good answer!!
M
maida
a day ago
Everyone was helpful along the process…
Everyone was helpful along the process and walked me through it all. Answered all my questions and how it works! Thank you for all your help!
R
rafael
a day ago
Excellent customer service.
Excellent customer service.
D
darryl morrow
a day ago
Who vets the lenders on LendingTree
My question for LendingTree is what is the vetting process for lenders they recommend on their website? Are they just using an algorithm or is there any qualitative analysis going on? I am still trying to resolve a bad experience with one of their recommended lenders, Achieve. I applied for the loan and yes they did apply high pressure tactics such as having me read through the contract while they were still on the phone. That was my mistake and I own that. The loan was approved but I had reservations so I reread the contract in it’s entirety and slept on it. The very next morning, I called to cancel the loan in accordance with the terms in the loan agreement which stated “the loan could be canceled at any time” and was told I needed to talk to customer service with the number they supplied. Mind you, this was less than 24 hours since I first talked to the loan rep. Each time I called the customer service number, it was nothing but a loop stating an error occurred. After going back and forth with emails, I decided to lodge a complaint with the Consumer Financial Protection Board (CFPB). The CFPB has since sent the case to the FDIC who handles banking compliance. I have used LendingTree in the past with great success however, they need some sort of process to weed out lenders with questionable practices.
P
pennyw
a day ago
Easy Process with Nice and Understanding People
I was kept fully informed about the process.
M
martha, timothy akins
a day ago
I have received email telling my that…
I have received email telling my that congratulations are in order for closing on our loan. WE HAVE NO LOAN WITH THIS COMPANY! WE HAVE NOT FILED FOR A LOAN WITH THIS COMPANY!! I am currently sending information on this company to be investigated.
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dinesh nath
2 days ago
Best place to find loads and offers
Best place to find loads and offers. Must try.
J
jim reed
2 days ago
Loan process was simple and…
Loan process was simple and straightforward, excellent service and very helpful.
S
stephen launchpaup
2 days ago
Lending Tree offers a variety of plans…
Lending Tree offers a variety of plans to fit your needs. I recommend the firm.
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tracey b
2 days ago
Helps Restore Credit
When in a bind, this service is helpful. This is not a go-to for normal loans as the interest rates are super high- however they do work with people with not great credit and you can get assistance in emergencies. I received an offer from them through Credit Karma and it really helped me consolidate some debt in order to raise my credit score!
C
cesar
2 days ago
I think is my best experience so far
I think is my best experience so far, everything went smoothly and got answered quickly
M
mr. luis
2 days ago
I was worried about the legitimacy of…
I was worried about the legitimacy of borrowing money against my truck. The last thing I wanted was to be taken for a fool. But, I did get the funds I needed and will have a great Christmas. I will definitely work to pay off the loan sooner since the rate was higher than I hoped.
P
paulina costa
2 days ago
Lending Tree always has my best interest
This is the 2nd time I have used Lending Tree in my life when I needed support on life changing decisions. I am very happy with the process and the end result is always favorable. Thank you Lending Tree. I will use again in the future.
P
patricia f.
3 days ago
Quick timing! Follow the directions and results will come quickly.
I just loved the timing of this request. Within two days I sent over the requested documents and then the next morning I was approved and the money was in my account. You can ask for any better service than this.
C
chad gould
3 days ago
Who got a loat is right?????
Who got a loan. If it was Intercoastal Finance / M&T Bank they did fine. Not sure how Lending tree had anything to do with it unless someone look out a loan for me that i am not aware of.
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vishnu mandal
5 days ago
Awesome good choice
Awesome good choice
S
sarah barlow
5 days ago
John was very helpful and listened well…
John was very helpful and listened well to me
M
michelle williams
5 days ago
The application was a short process
The application was a short process, however getting a decision on the loan was a lengthy wait supposedly a quick response and process. Overall a good process
C
carlos loya
6 days ago
The outreach from people willing to…
The outreach from people willing to help. Also, being able to find the right loan for me that would help me the most.
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sachin choudhary
7 days ago
Nic expectations thats app ise vry nic
Nic expectations thats app ise vry nic
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sandip more
7 days ago
Grewt is very great and nice
Grewt is very great and nice
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turingmonk llp
7 days ago
Good Work and a nice place
Good Work and a nice place
L
lahari
7 days ago
Good experience nd thank full to this…
Good experience nd thank full to this company
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durgesh chaturvedi
7 days ago
loan propolsal is very interesting.
loan propolsal is very interesting.
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rosan chris
7 days ago
Loan process very fast and fair…
Loan process very fast and fair document charges good services
E
elsie figueroa
7 days ago
Customer Service
The customer service was very pleasant and Professional. They go with me through all the process. Thanks for give me the opportunity to join the Club.
D
douglas esty
7 days ago
The process of applying for a Loan…
The process of applying for a Loan through Lending Tree was fairly easy and very clear. It's a scary thing to do because it can have serious repercussions. So, making the process as uncomplicated as possible really helped.
K
kyle simpson
8 days ago
Thank you so much
Thank you so much
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ashish sahu
8 days ago
Best Plateform for small need...
Best Plateform for small need...
A
arijit
8 days ago
Good service
Good service
consumer-image
mx khan
8 days ago
Good experience
Good experience
j
jay
8 days ago
Good Service
Good Service
consumer-image
ram dev
8 days ago
Exllent exllent exllent exllent exllent
Exllent exllent exllent exllent exllent
consumer-image
देवाराम देवासी समदड़ी
8 days ago
Exllent exllent exllent exllent
Exllent exllent exllent exllent
S
sai kumar
8 days ago
Operation service is fast and reliable
Operation service is fast and reliable
A
adell spencer
8 days ago
The loan was handled and throughly
The loan was handled and throughly. The representative was great!
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shradha barme
8 days ago
They are contacting you to give 5 star…
They are contacting you to give 5 star ratings. Its a bad and fake
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tz
9 days ago
Very nice service
Very nice service
consumer-image
neetu sharma
9 days ago
Good service
Good service
consumer-image
ratna mandal
9 days ago
Very good app
Very good app
consumer-image
mayyank chhabra
9 days ago
Good service
Good service
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umesh chandra
9 days ago
That's Awesome.
That's Awesome.
B
balaji
9 days ago
it was great
it was great
consumer-image
ritunjai gairola
9 days ago
Price worthy
Price worthy , come have a look
consumer-image
wendy short
9 days ago
Because I have to given you guys one…
Because I have to given you guys one star because you will sent me emails on top of emails but when I do go to try to get a lone so I can given my kids the best Christmas that they will even have this years what do I have to go and tell them that I don't have nobody to help me or anything else and I can't given you guys the best Christmas this years and guess what going to happened they are going to looked at me and say Mom we don't need anything for Christmas because we just got each other and we know that you don't have much money after you pay for everything we need and pay rent and car insurance so please don't worry about trying to get us something for Christmas OK we love you very much that's is why I real need to get you guys to help me get this money for my kids Christmas and I can making mouthy payment to you guys every month unit I get it played off and I can making mouthy payment of this much money $250 dollars then there will be sometime I can given you guys $500 dollars one month but if you guys will not letting me get this money from you guys to help me and my kids Christmas then you guys don't care about kids having a best Christmas at all but if you guys will help me get the lone from you guys that it is showing me that you guys real do have a hearted
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anoop kumar
9 days ago
Good experience with us
Good experience with us
consumer-image
surya varma
9 days ago
Very reliable service...
Very reliable service...
consumer-image
ramesh kumar
9 days ago
Better experience
Better experience
consumer-image
farhad hossain
9 days ago
service good
service good
consumer-image
ravindra sapte
9 days ago
Very genuine company and very nice…
Very genuine company and very nice service..I reccomend this for every one
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srikumar r
9 days ago
Very grat and honest
Very grat and honest
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pema tamang
9 days ago
Give us good service to
Give us good service to
R
rishabh lodhi
9 days ago
Nice place must visit
Nice place must visit
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ashwani pandey
9 days ago
It is good very nice
It is good very nice
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kishore pagadala
9 days ago
Very nice and great experience
Very nice and great experience
E
exprès pierre louis
9 days ago
Excellent
I have a good experience with you guys.you so helpful I love you very much . Last time I have a big family problem. You guys help me bring food to my family. Paid my bills I don't what to said but , I will never forget you. I refer you a lot off customer and I will send you more . God bless you guys
R
rochak chaudhary
9 days ago
Plz support this
Plz support this
N
nadine williams
9 days ago
Lending Tree was true to word and very…
Lending Tree was true to word and very efficient. This company allowed me to get back on my feet and regenerate my credit. I cannot be more grateful. Thanks a million
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shubham kumar
9 days ago
Thankyou this website
Thankyou this website
consumer-image
neeraj rana
10 days ago
Excellent very good
Excellent very good
consumer-image
collins alli
10 days ago
(I HAVE USED THEIR WEBSITE NAME AS MY PROFILE PHOTO IN THIS REVIEW IN CASE YOU NEED HELP AND WANT TO. CONTACT THEM).
I WAS DUPED BY THIS PEOPLE THEY ARE WICKED I GOT HELP ON NAME MY PROFILE PHOTO AM USE
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dharmendra k jadeja
10 days ago
Nice service received
Nice service received
K
kattie
10 days ago
When you need to lend money from…
When you need to lend money from financial institutions. At time it gets very hard but with lending tree it was a great n quick. Thanks
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vasanth a
10 days ago
All these reviews about lending tree is…
All these reviews about lending tree is a scam. They will reach you on WhatsApp saying a job opportunities & will ask you to write a review with 5 star ratings
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v s
10 days ago
This is an excellent platform.
This is an excellent platform.. I really enjoyed using this website.. I fullfills all my daily needs.
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ravikant upadhyay
10 days ago
Trust they build
Trust they build
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pankaj indu
10 days ago
Great experience with site
Great experience with site
consumer-image
lucky patowary
10 days ago
It was a great experience
It was a great experience
consumer-image
misc world
10 days ago
Nice products very good.
Nice products very good.
consumer-image
manish singh raghuvanshi
10 days ago
Good service n fast loan provided for…
Good service n fast loan provided for me just in 5 minutes on without any paper or documents just upload my KYC. & Get loan.
L
laurie
10 days ago
Quick response and quick on receiving…
Quick response and quick on receiving the funds. Very happy. Thank you.
H
hello
10 days ago
Woowowowow what a nice service
Woowowowow what a nice service
consumer-image
aarti kumari
11 days ago
Pawan Kumar
Pawan Kumar Age 23 years Data entry operator CITY.ARA BIHAR
consumer-image
nittin sharma
11 days ago
Great experience
Great experience
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darshan kadam
11 days ago
It was very great experience.
It was very great experience.
M
maddy biswas
11 days ago
Very useful app
Good service n fast loan provided for me just in 5 minutes on without any paper or documents just upload my KYC. & Get loan.
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swapan bhattacharya
11 days ago
I always tryst kn krnding tree
I always tryst kn krnding tree
consumer-image
mayank verma
11 days ago
Nice and easy to use
Nice and easy to use
consumer-image
vyabhav singh
11 days ago
It's nice join good experience great
It's nice join good experience great
S
sittu prakash
11 days ago
Excellent…
Excellent…
consumer-image
nikhil shukla
11 days ago
That is a great company
That is a great company
A
aditya
11 days ago
A very good company
A very good company
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nidhi sharma
11 days ago
Wonderful day
Wonderful day
D
darshan
11 days ago
Good service
Good service
R
richard - jones
11 days ago
Excellent Service
The information and application was processed immediately. I was given several options actually in excess of what I originally asked for. This gave me more flexibility in consolidating debt, specifically to increase cash flow on a fixed income. We closed the loan that same day and money was disbursed the following day.
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ziva
11 days ago
Kelly G. knows her stuff!
I was looking for new auto insurance and got in touch with Kelly G. on the phone. Her customer service was amazing. I give her 5 stars. Some people who are in auto sales can be real jerks and know it alls. Kelly treated me like a friend. She was really sweet and I enjoyed speaking to her. I hope her boss reads my review and gives her a raise.
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ashwin raj
11 days ago
Lending done easy !
They understand your requirements and needs and provide proficient solutions with ease and simplicity !
consumer-image
johirul islam
11 days ago
Awesome i love it
Awesome i love it
consumer-image
dr_brij bhushan pandey
12 days ago
Great Experienced we had
Great Experienced we had Excellence Flawless
consumer-image
raj subba
12 days ago
Great experience
Great experience
consumer-image
anoop kumar
12 days ago
Best service
Best service provided by trust pilot
consumer-image
rajan oza
12 days ago
Had a great experience
Had a great experience
consumer-image
karthika prasanna
12 days ago
Good service providers
Good service providers
consumer-image
rajesh kavi
12 days ago
Great opportunity for
Great opportunity for This experience
M
mohd fahad
12 days ago
Great service’s ❤️
Great service’s ❤️
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rituraj jain
12 days ago
This is place I must say everyone visit.
This is place I must say everyone visit.
consumer-image
dharane dharan
12 days ago
Very good service
Very good service
consumer-image
raju kumar
12 days ago
Well and good experience
Well and good experience
H
hdow tec
12 days ago
Good service n fast loan provided for…
Good service n fast loan provided for me just in 5 minutes on without any paper or documents just upload my KYC. & Get loan.