Is LendingTree legit?


Yes, LendingTree is a legit lending service.


Average rating: 3.5 / 5
Weighted average rating: 4.49 / 5
Based on 12406 reviews from 7 sources

Go to lendingtree.com



More Details

Positive highlights

He made the entire process stress-free and really worked hard to get me a great loan and a great rate! I highly recommend him to anyone looking for a home loan!

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I really cannot believe how “user friendly” your site is and really, it could not be easier. Obvious questions for approval we’re asked. There was not ANY useless/extra data required. Money is already in my account. Finally, I’m calmer now without constant worry and I am VERY, VERY grateful. My holiday will be great now as I hope everyone at Lending Tree is also.

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Access free credit score monitoring, budget-tracking and other money management resources

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Negative highlights

Submitting a LendingTree application could lead to lots of lender phone calls and emails.

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High revenue and time in business requirements

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This company is hard to work with even after getting an online quote. Alot of rework needed once you are talking to a specialist and the original quote changes drastically. I would rather go with a local bank than work with lendingtree.

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LendingTree has been included in the following lists

Full review

LendingTree Review

LendingTree is a financial technology company that provides an online platform for consumers to compare and apply for loans from a variety of lenders. The company was founded in 1996 and has since become a trusted resource for individuals seeking personal loans, mortgages, student loans, small business loans, and more.

One of the key features of LendingTree is its ability to provide consumers with multiple loan offers from a variety of lenders with just one application. This can be especially helpful for those who have less than perfect credit or are unsure of which lender to choose. With LendingTree, consumers can compare offers from multiple lenders and choose the one that best meets their needs and financial situation.

In addition to its loan comparison service, LendingTree also offers a range of other financial services, including credit repair, credit monitoring, and credit card comparison. These services can be useful for individuals who are looking to improve their credit score or simply want to keep an eye on their credit health.

One of the main pros of LendingTree is its convenience. By filling out just one application, consumers can access multiple loan offers and compare them side by side. This can save a significant amount of time and effort compared to applying with each lender individually. Additionally, LendingTree's website is easy to use and provides a wealth of information and resources for consumers, including articles, tools, and calculators to help them make informed financial decisions.

There are a few potential cons to consider when using LendingTree. One is that the company does charge a fee for its services. This fee is typically a percentage of the loan amount, and it can be added to the loan itself or paid upfront. Additionally, while LendingTree does offer a range of loan options, it may not be able to match all consumers with a lender.

In conclusion, LendingTree is a legit and reliable financial technology company that provides a convenient and comprehensive platform for consumers to compare and apply for loans. While there are fees associated with its services and it may not be able to match all consumers with a lender, LendingTree's range of financial services and resources make it a valuable resource for those in need of a loan.

Overview

LendingTree is a financial technology company that provides an online platform for consumers to compare and apply for loans from a variety of lenders. The company was founded in 1996 and has since become a trusted resource for individuals seeking personal loans, mortgages, student loans, small business loans, and more.

Key Features

  • Compares multiple loan offers from a variety of lenders with just one application
  • Offers a range of financial services, including credit repair, credit monitoring, and credit card comparison
  • Provides a wealth of information and resources for consumers, including articles, tools, and calculators

Pros

  • Convenient - saves time and effort compared to applying with each lender individually
  • Easy to use website with valuable resources and information

Cons

  • Charges a fee for its services
  • May not be able to match all consumers with a lender

Conclusion

LendingTree is a legit and reliable financial technology company that provides a convenient and comprehensive platform for consumers to compare and apply for loans. While there are fees associated with its services and it may not be able to match all consumers with a lender, LendingTree's range of financial services and resources make it a valuable resource for those in need of a loan.

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