LendingTree Review: Personal Loans 2020

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LendingTree ReviewLendingTree was founded in 1996 by Doug Lebda and website was released to the public in 1998. The idea behind the site is that instead of going to a bunch of sites and filling out applications you fill out theirs and they match you with lenders. You may recognize their slogan, “When Banks Compete, You Win”. Read our LendingTree review to see if they live up to their slogan.

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LendingTree Review

LendingTree can’t really be reviewed like other lenders because they aren’t a lender, they’re an online loan marketplace. So we can’t give you max loan terms, interest rates, fees & penalties because you could end up with any number of lenders. Instead, we’ll focus on what customers are saying about the loan matching service.

LendingTree will match you up with a wide range of financial services including:

  • Mortgage refinance
  • Home equity loans
  • Credit Cards
  • Reverse Mortgages
  • Personal loans
  • Auto loans
  • Free Credit Score
  • Insurance
  • Student Loan Refinance

So the short of it is LendingTree will match you up with just about any financial service you need. This sounds like a no-brainer but before you turn in your application there are someĀ things you need to be aware of.

There are a lot of negative reviews out there regarding LendingTree. Since they aren’t a lender the complaints aren’t about an actual loan itself. Most of the complaints are about how much people get contacted after entering theirĀ info on LendingTree. Remember they are selling your info to interested lenders and you should be prepared to get a lot of calls and emails. Getting off these call lists can be difficult.

With that said you can get a good loan at a good rate since you’ll be getting a lot of options. It just comes down to whether you want to deal with the potential flood of calls and emails.

LendingTree Reviews From Around the Web

Better Business Bureau4.3 out of 5 stars 4.27/5 - 90 Reviews
Credit Karma1.1 out of 5 stars 1.1/5 - 11 Reviews
Consumer Affairs3.8 out of 5 stars 3.8/5 - 344 Reviews

Business Contact and Profile for LendingTree

Name:LendingTree, LLC
Phone:(704) 541-5351
Address:11115 Rushmore Dr
Charlotte, NC 28277-3442
Business Started:1997
Type of Business:Financials Services, Loans
Principal:Mr. Douglas Lebda, Chairman
BBB Accreditation:This business is accredited with the BBB and has an A+.

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