Lending Tree

LendingTree Overview

LendingTree was founded way back in 1996, so it’s been around for some time, building up a reputation as a trusted and reliable brand in the process. It was created to simplify the process of applying for loans, and it has most certainly fulfilled that goal, allowing any user to simply enter some basic information and then choose from a range of loan options in a matter of minutes.

How Does LendingTree Work?

If you head to LendingTree expecting to be able to apply for loans directly, you’ll be disappointed. This company doesn’t offer loans of its own; instead, it serves as a broker, letting you compare quotes from a wide range of different lenders operating all across the nation. In a matter of minutes, you can have several quotes to compare, and the whole process is free and simple.

If you’re sick and tired of scouring through site after site and filling in form after form to try and get a loan that’s right for you, you’ll find a lot to love about LendingTree. It simplifies the searching process enormously, making it a fine choice for any kind of borrower, and it works with a wide selection of reputable lenders too, so you can be sure you are getting a range of good value quotes to compare.

Another great benefit of LendingTree is that it uses your information with care and sensitivity. It won’t harm your credit score in any way, and it makes sure to only provide you with quotes from lenders who are actually likely to approve you. This means that even if you have bad credit, LendingTree can still help you find the perfect loan.

LendingTree Personal Loans Features

LendingTree works with a lot of different lenders, so the actual rates, terms, and specifics of each loan will vary, depending on which lender you end up working with. Still, here are some of the main ranges offered by the lenders you’ll find on LendingTree:

• Amounts – You can find personal loans ranging from as low as $1,000 right up to $50,000 on LendingTree.
• Fees – There are no fees whatsoever for using LendingTree, but you might have to pay fees with the actual lenders.
• APR rates vary from 2.49% up to around 35.95% on LendingTree.
• Terms – You can find both short and long-term personal loans on LendingTree, ranging from three months up to 180 months (15 years).

LendingTree Personal Loans Requirements

In terms of eligibility requirements, they will vary from person to person. To use LendingTree in the first place, you simply need to have a bank account, be 18 or older, be a US citizen or resident, and have some source of income. This comparison site works with lenders who are happy to provide loans to those with bad credit, so if your FICO score is poor, you can still find a loan with LendingTree.

Reliability and Support

LendingTree has been around for over two decades already and is seen by many as a leading example of loan comparison services, so you definitely won’t need to worry about any reliability or security issues when using this site and entering your personal information. There’s also an extensive customer support team operating throughout much of the week over the phone and via email if you need assistance.

Final Word

Overall, LendingTree is most definitely one of the best brokers out there for people who want to find personal loans. What makes this site so attractive is its flexibility; it doesn’t matter whether you’re someone with great credit looking for a large loan and long-term repayment plan or someone with poor credit who just needs $1,000 urgently, you can get what you need on LendingTree.