Our overall experience with LendingTree was excellent. The website offers an easy and fast way to shop around for a loan and get the best rate. It doesn’t cost anything extra to use the website.
LendingTree is one of the oldest online loan marketplaces having launched in 2008 and has recently expanded the loans it offers.
How Does LendingTree Work?
LendingTree doesn’t make loans itself but acts as an online middleman between lenders and borrowers. This kind of online loan marketplace is works better for both sides.
What Makes LendingTree a Suitable Platform?
The company has an excellent customer care service that can be accessed using the chat function on their website or by calling them on the phone.
How Long Does It Take to Get a Loan from LendingTree?
Once your application is finished, lenders reach out by email and phone to approve the loan and get the process started.
How Does LendingTree Affect My Credit?
The company does pull your credit when you complete an application but it’s a ‘soft pull’ which doesn’t hurt your score.
Can I Get a Personal Loan on LendingTree?
LendingTree has just recently started making unsecured personal loans available through its lender network.