LendingTree Review

Rating: 4.25 / 5.0

Good for: Bad Credit Loans, Fast Cash, Easy Approval, Personal Loans, Debt Consolidation, Home Mortgages, Car Loans, Credit Cards, Small Loans, Building Credit


While LendingTree doesn’t provide loans, they are one of the largest and fastest growing loan provider networks in the game today. Their focus is to connect borrowers with multiple lenders to get you the best deal possible on your loans. Whether you’re looking for a small personal loan to cover an emergency hospital bill or you’re looking for a car loan, LendingTree’s online loan marketplace has the right loan that’s waiting for you.


LendingTree provides a wide array of lending services. No matter what you need money for, LendingTree has a loan for you.

Personal Loans

Personal loans are unsecured loans that don’t require collateral or a traditional credit check. This makes these loans some of the easiest to qualify for because of the low barrier to entry. You can fund a major purchase, consolidate your debt, or cover an emergency expense without having to jump through hoops. You get the money you need, when you need it so you can move on with your life without stressing out.

Business Loans

All businesses need money to operate, but there are times when your business might not be making money and you need an influx of capital. A business loan will help you when you need to secure financing to start a small business or get operating cash without surrendering ownership of your company. Every company and their needs are different so be sure to do your research to get the business loan that’s right for you.

Student Loans

The rising cost of college education has made student loans a virtual requirement. LendingTree offers student loans at competitive rates so you can focus on your education, not where the money is coming from. They work diligently to keep your interest rates low so you can save thousands over the life of the loan. No matter what your degree is, LendingTree’s student loans will help you get there.

Lines of Credit

A line of credit is one of the most flexible types of loans on the market today. It features aspects of both term loans and credit cards to form a happy hybrid of both. These are typically used by business owners to finance their operations, but regular Joe’s can use one to fund a home improvement project, replace their credit card, and much more. The funds are available on an as-needed basis and can be reused after the balance has been paid off, just like a credit card.


LendingTree has streamlined their loan application process to a 3 step system. Step 1, you fill out their online form to submit all of your pertinent information. Step 2, you receive multiple (free) offers from a variety of lenders that want your business. Step 3, you evaluate your options and choose which one is best for your needs and financial situation then you talk to one of their staff to finalize the details.


  • Government Issued ID
  • Social Security Card
  • Proof of Residence
  • Proof of Income (Most recent pay stubs)


  • Loan Amount: $1,000 - $35,000
  • Loan Duration: Varies
  • Collateral Needed: No
  • Interest Rates: 6% - 36%
  • Minimum Credit Score: Not Listed
  • Approval Time: ~1 Business Day
  • Loan Deposit Time: ~1 Business Day
  • Late Fees: Yes
  • Insufficient Funds Fees: Yes


There are two ways to apply for LendingTree’s services; 1) by calling their toll free phone number (1-800-813-4620) or 2) applying on their website online. The loan process is very simple and straightforward. You submit information regarding which loan you’re applying for, what you plan on using it for, your personal and financial information, and then you get a list of free offers to choose from.

These offers come from a variety of lenders in LendingTree’s marketplace which is one of the largest networks in the nation. You’re also under zero obligation to take the offers given at this stage and you can even use an offer to negotiate a better deal with a different lender. LendingTree is about empowering you as a borrower to get the best loan possible at a rate you can afford.


Shopping for loans can be incredibly tedious and soul crushing depending on the state of your credit rating and history. If you’re on the lower end of the spectrum, denial after denial after denial can be incredibly demoralizing and time consuming. LendingTree solves all of that.

LendingTree was built to make finding the right loan as simple and easy as possible. Their goal is to empower borrowers by making lenders compete over their business instead of the other way around, which is how it should be. You’re the customer. You shouldn’t have to jump through hoops.

The great thing about LendingTree is that their lender network is enormous. They don’t just offer only personal loans or only home mortgages. They’ll connect you with lenders for personal loans, home mortgages, car loans, credit cards, student loans, and the list goes on and on. If you need a loan, they can connect you with multiple lenders to get you the money you need.


LendingTree has been in business for 22 years, but they are not accredited with the Better Business Bureau. They have an A- BBB rating since they failed to respond to 2 complaints. LendingTree has a 3 out of 5 star BBB rating from 199 reviews, 315 complaints over the last 3 years, and 58 complaints over the last 12 months.


While LendingTree is not explicitly a lender, they connect you with their network so you can find the right lender for you. You don’t have to submit 20 different applications individually and then keep track of who sent what and from where. You apply from their website, it spits out free offers, and you get to choose which one’s right for you, or use that offer to twist the arm of a different lender to give you a better deal. It’s pretty great. Solid recommendation from us.


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