LendingTree Review

LendingTree is a peer-to-peer lending platform. LendingTree has an extensive network of lenders through which borrowers have access to a variety of loan products, including personal, auto, and business loans.

Review:

LendingTree is an online marketplace that matches borrowers' loan inquiries with lenders in its partner network. Following an online inquiry via LendingTree, individual lenders may proactively contact potential borrowers, which some users deem bothersome. LendingTree is a great option is you are looking for an easy and convenient way to shop for and compare loan offers.

Highlights:

• Free and easy online application.
• Customers report the funding process to be fast and efficient.

Shortcomings:

According to LendingTree's privacy policy, LendingTree shares the user information they collect with their affiliates, network partners, and LendingTree service providers.

Reputation:

LendingTree is BBB accredited and was given an A+ rating by the bureau. Positive reviews describe the application and funding process as fast and easy while negative reviews mainly report having received a great deal of unsolicited communication from a variety of lenders after submitting an online inquiry.

Rates and Fees:

LendingTree has a large network of lenders that each apply their own eligibility requirements, terms, rates, and fee structures.

Other LendingTree Products:

Banking products.

LendingTree makes it easy for users to compare certificates of deposit, saving accounts, checking accounts, money market accounts, and IRA accounts from a variety of providers. To apply for any of the banking products, users are redirected to the individual providers' webpages.

Debt relief.

LendingTree's network of partners and affiliates include several service providers that offer debt relief programs.

Insurance.

LendingTree assists users in finding insurance solutions via its network of partners that match users' specific insurance needs with suitable insurance options.

Credit cards.

LendingTree allows users to easily compare credit cards offered by different financial institutions. To apply for any of the credit cards, users are redirected to the respective provider's website.

Free credit score check.

LendingTree lets users easily check their credit score with their online tool, free of charge.

Mortgage calculator.

LendingTree has a free online mortgage payment calculator tool that can help users estimate their monthly mortgage payments.