LendingTree is an online loan shopping marketplace where users can connect directly with multiple lenders so that they can compare and find the best loan rates, fees, and terms that fit their specific financial situations. We compiled user reviews from around the web and determined that LendingTree has a mix of positive and negative ratings. We also compared the most popular pricing options available.
Summary of LendingTree User Reviews
What LendingTree does well:
Users who gave LendingTree positive feedback said that getting financial assistance was fast and easy. Customers were also happy with the quality of customer service.
What LendingTree does not do well:
Users who gave LendingTree negative feedback complained about being bombarded with phone calls, emails, and text messages after submitting their contact information.
Most Helpful Positive User Review
A customer who gave LendingTree a a 5-star rating on Trustpilot said that the entire process was simple and straightforward. She mentioned that the people she spoke with were polite and knowledgeable and that they were able to close her loan quickly.
Most Helpful Negative User Review
A customer who gave LendingTree a negative review on Consumer Affairs said that the numerous texts and phone calls were overwhelming. He mentioned that he just wanted to see what kind of rates he could get, but the company took the liberty to let other companies run his credit and spam him.
LendingTree doesn’t charge their customers directly. Instead, they receive commission from their funding partners. Fees and rates will depend on the lender you choose. For instance, the APR range for a personal loan for one funding partner (Avant) is 9.95-35.99%, while the range is 5.99-29.99% for another funder (BestEgg).
All lenders have their own process of determining the loan amount you qualify for, the interest rate, and other fees. You need to complete an online form to compare costs.
You can also use their Business Loan Calculator to get an idea of how much your monthly payments and total borrowing cost will be. The company helps consumers find auto loans, students loans, personal loans, credit cards, and more.
Useful LendingTree Resources
Best Working Capital Loans 2017: Funding to Grow Your Business – In this article, we review the best working capital loans, how much can be borrowed, how much they cost, and the general terms and qualifications of each.
Startup Business Loans 2018: The 11 Best Ways to Fund Your Startup – In this article, we’ll analyze the 11 best startup business loans — from SBA loans to angel investors to Rollovers for Business Startups (ROBS).
How to Get a Loan to Buy a Business in 2018 – We’ll show you how to get a loan to buy a business and where to find business acquisition financing.
Top 5 Bad Credit Business Loan Options for 2018 – We review the best bad credit business loans available to help you find a good fit to get financed quickly.
Easy Business Loans: What Are the Best Easy Financing Options for 2017 – In this article, we review the three best places to get easy business loans in terms of funding amounts, application process, qualifications for approval, and funding times.
LendingTree Video Overview
This video shows how LendingTree works.