LendingTree was established in 1966 and is now American’s largest online lending platform with headquarters in Charlotte and North Carolina, and offices in San Francisco, New York City, Chicago, and Seattle. LendingTree has a B rating from the Better Business Bureau and an overall rating of Excellent (81%) from 7,462 reviews on Trustpilot. Hence, LendingTree is a safe and reliable way to efficiently compare lending offers via completion of a simple form.
After filling their information and receiving loan offers, users can compare loans side by side or contact loan providers to negotiate rates. Personal loan amounts vary from $1,000 to $50,000, and certain lenders could potentially fund the loan in as little as 48 hours.
LendingTree matches you with up to 5 loan offers within in a matter of minutes. Its website allows you shop for a wide range of financial services, including those related to:
- Mortgage loans
- Personal loans
- Business loans
- Debt Consolidation
- Student loans
- Auto Loans
- Bank accounts
- Credit Cards
- Credit Repair
After completing a series of brief questions, you are matched with a list of lenders from LendingTree’s database of over 1500 lenders. Typically, you can apply online directly with the lender with links that LendingTree provides.
You can compare refinancing options between lenders and rates available in your area. Financial information like income, debts and assets are required when applying since each lender has different requirements.
The company also recommends how to improve your credit score and notifies you of loans that can beat your existing rates. Additionally, LendingTree provides different types of loan calculators to help you determine your options for mortgages, such as if you should rent or buy and how to handle other financial situations.
Moreover, you can compare the offers for the following loans:
- Conventional Loans
- Jumbo Loans (Loans exceeding $484,350)
- FHA (Federal Housing Administration) Loans
- VA (Veteran Affairs) Loans
