Lending Tree logo

Loan Amounts


$1,000 - $50,000

Loan Term


3 to 7 years

APR Range


Depends on the loan provider

Min. Credit Score



Editorial Rating

LendingTree Review: 2021 Edition

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Loan Amounts


$1,000 - $50,000

Loan Term


3 to 7 years

APR Range


Depends on the loan provider

Min. Credit Score






Funding Time


Within a week

Years in Business



BBB Rating



Min. Revenue


Not specified




Lending Tree logo

Editorial Rating

Need some emergency funding?

Then you are probably looking for the best places to get a personal loan.

Look no further, we’ve got you covered with our lending platform review.

On this page you will find the following information:

  • What is LendingTree and who is it best for?
  • How to apply for quick money loans via LendingTree
  • The terms and requirements of getting a loan via LendingTree
  • LendingTree reviews from clients
  • The pros and cons of using LendingTree to borrow money online
  • The costs associated with using LendingTree
  • Your privacy and security when using LendingTree
  • Frequently asked questions (FAQ) about LendingTree

What Is LendingTree?

LendingTree is an online loan market place which allows users to view loan offers and compare options.

However, LendingTree is not a direct lender. It is a lending platform that connects borrowers in the United States with an extensive network of lenders.

Here are the financial products offered by LendingTree:

  • Home mortgage
  • Home equity loans
  • Personal loans
  • Auto loans
  • Business loans
  • Reverse mortgages
  • Deposit accounts
  • Credit cards
  • Debt relief
  • Credit repair
  • Insurance
  • Student loans
  • Student loan refinance
  • Debt Consolidation

Who Is LendingTree Best for?

LendingTree is a good lending option for borrowers that want a quick and easy way to get connected to large authorized lenders.

It is a 100% free service that will match applicants to lenders without damaging their credit score.

By simply filling out a free online application, users can get matched with the best personal loan companies.

It is also good for borrowers that want to make an informed decision. For example, borrowers can find out everything they need to know about unsecured loans for bad credit from their article — prior to applying for a loan.

Getting started with LendingTree

To borrow money via LendingTree, follow the steps below.

First, visit the LendingTree official website.

In order to get matched with a lender you will need to fill out a free application on their website.

The first part of the online form is choosing the type of loan you need. We selected Personal Loan.

Then, you will need to select a loan purpose.

You can choose between the following:

  • Debt consolidation
  • Pay off credit cards
  • Home improvement
  • Home buying
  • Major purchase
  • Car financing
  • Business
  • Vacation
  • Wedding expenses
  • Moving and relocation
  • Medical expenses
  • Other

Next, you will need to choose the loan amount.

How much would you like to borrow?

The minimum loan amount is $1,000 and the maximum loan amount is $50,000.

You will then need to provide the following information:

  • What is your ZIP code?
  • Your street address?
  • Type of residence? (own or rent)
  • Estimate your credit
    Excellent (720 or better)
    Good (680-719)
    Fair (640-679)
    Poor (under 640)

If you are unsure about your score, you can use the LendingTree credit score tool to find out.

  • When were you born?
  • What’s your employment status?
  • What’s your yearly pre-tax income?
  • Are you adding a co-borrower?
  • Your name
  • Phone number
  • Email address
  • Create a password
  • What are the last four digits of your SSN?

And that’s it!

We noticed that unlike other marketplace platforms, LendingTree creates a free account for you which comes with some perks.

So, make sure you remember your LendingTree login credentials.

You can also create a free LendingTree account first and then fill out the form.

LendingTree Loan Terms

Using the LendingTree personal loan services and other financial services is completely free.

You can also create an account for free and use the LendingTree app to check your credit score.

These are the LendingTree loan requirements:

  • You must be 18 or older,
  • You must have a valid social security number,
  • Have a steady stream of income,
  • Responsible credit history.
  • Good debt to income ratio (36% or less)

Other debts in your name and your debt to income ratio will affect your chances of getting a loan, as well as your rates.

The loan will need to be repaid within 3 to 7 years.

Lending platforms usually display the estimated annual percentage rate of the loan. The final rates will depend on the loan provider.

To check out which rates you can expect, we recommend reading the LendingTree Personal Loan Offers Report – April 2020.

You can borrow an amount between $1,000 and $50,000.


What credit score do you need to get a loan from Lending Tree?

While a minimum credit score isn’t listed in the required qualifications to apply, those with a good score have a higher chance of a loan approval. In addition to this, it is recommended to have a score of at least 585.

If you have a bad credit score, you can use the LendingTree credit repair services.

You can also check out our article on how to build credit.

If you are using the LendingTree platform simply to compare student loans for example, then this won’t affect your credit score.

To get you matched with unique lenders, lending platforms will do a soft pull on your credit report. Soft pulls or soft inquiries don’t damage your score.

However, once you have been matched with the best available lenders and compared multiple loan offers, you may decide to go with one of the loan offers and apply for a loan with that particular lender.

Before reaching a lending decision, the loan provider will do a hard pull or a hard inquiry. This can damage your credit score.

User Reviews

We looked up LendingTree reviews online from multiple sources and we will now sum up both the good and the bad.

Here are the good LendingTree reviews we came across:

  • The application process is fast and simple.
  • The loan can be received within a week.
  • A loan through LendingTree can cut your monthly payments.
  • Best comparison tool.
  • No need to apply in person — you can get an online personal loan.
  • Customer Service is professional.
  • The easiest way to borrow money online instantly.

And here are the bad LendingTree reviews we came across:

  • Applicants received a large number of phone calls.
  • Applicants received a large number of ads.
  • Applicants with an excellent credit score were offered high rates.
  • A lender recommended by LendingTree has bad customer service.

LendingTree  reviews from clients:

LendingTree Personal Loans Review
(Image Source: Consumer Affairs)

LendingTree Personal Loans Review
(Image Source: Consumer Affairs)

LendingTree Personal Loans Review
(Image Source: Consumer Affairs)

LendingTree Personal Loans Review
(Image Source: Trust Pilot)

LendingTree Rates & Fees

Using LendingTree to get matched with companies that offer personal loans to borrowers is completely free. LendingTree earns a commission if an applicant gets a loan from a lender they referred them to.

That said, all of the costs associated with the loan depend on the individual lender. This is why applicants should always check the loan agreement for all the possible costs prior to signing. Some lenders may charge an origination fee, late payment fees, etc.

In addition, no legitimate lender would ask you to pay an upfront fee to guarantee or insure a loan.

You can read more about the rates charged by different peer-to-peer lending companies in this article by LendingTree.

Privacy & Security

LendingTree takes the following measures to protect your information:

  • SSL
  • 128-bit encryption
  • Firewall protection

Yet, no electronic transmission or storage of data is 100% secure.

Now, let’s talk about your privacy.

LendingTree collects the following information about you:

  • Identifying Information, such as name, address, social security number, phone number, etc.
  • Other information, such as your online activity, demographic data, etc.

The information is collected from:

  • The user (the info you provide via the online form, over the phone, etc.),
  • Service providers (credit bureaus etc.),
  • Cookies and other tracking technologies (IP address, browser type, Internet Service Provider etc.).

The information is used to:

  • Provide you with the product or service you requested,
  • To improve their site, customer service and personalize your user experience,
  • Communicate with you about products/services you may be interested in.

Your information may be shared with:

  • LendingTree affiliates,
  • LendingTree’s network of lenders,
  • LendingTree’s service providers (credit bureaus, marketing partners, etc.).

To opt out of ad targeting: Opt out request

Customer Support

LendingTree can be contacted via phone, mail, or the contact form on their website.

The LendingTree hours of operation are:


8 am — 9 pm EST


8 am — 8 pm EST


10 am — 7 pm EST

Final Verdict/Summary

Now, let’s sum up what we liked and didn’t like about LendingTree.

What we liked the most was their informative website which features a lot of articles pertaining to loans.

Additionally, we liked the perks and features offered to users who have created an account and installed the app.

We also liked the fact that getting a loan can be done in a few easy steps.

What we did not like is the fact that after using LendingTree, applicants are inundated with phone calls and emails. However, this is the case with all lending platforms.

All in all, we believe that LendingTree is among the top loan connection companies.

If you want to avoid taking the time off to apply for loans personally, this is the best way to borrow money.


  • Broad loan range
  • Fixed interest rates
  • Fixed monthly payments
  • Reputable partner lenders
  • LendingTree loan calculator
  • FAQ section and knowledgeable blog
  • Funds can be transferred within a week
  • Accredited by the Better Business Bureau with an A+ rating


  • Approval is not guaranteed
  • Your data may be shared with third parties
  • You need to create an account to view offers
  • Final loan amount term depends on the lender
  • Loan providers may do a hard inquiry before reaching a lending decision
Lending Tree logo

Editorial Rating

LendingTree FAQ

What does LendingTree do?

LendingTree is an online platform that matches borrowers with the best available loan providers for them, based on the info in their online form.

How much can you borrow from Lending Tree?

The amount you can borrow typically ranges between $1,000 and $50,000.

Does LendingTree give loans with bad credit?

With LendingTree, you can find personal loans for bad credit and personal loans for good credit. While you can get a loan with a poor credit score, the rates will be higher. To improve your chances of getting a loan, it is recommended to add a cosigner.

Does LendingTree verify income?

Yes, the loan provider will need to verify your income. When you are applying for a loan, lenders will ask for the following documents: Proof of income and employment Bank account information and statements Proof of other debt.

Will my credit score be affected by LendingTree?

If you are using LendingTree to view and compare quick loans, then your credit score won’t be damaged. LendingTree will only do a soft pull on your credit report when you complete a loan request. That said, each lender has a different policy about credit inquiries. Some will do a hard pull before offering you a loan, others will do that once you have accepted the offer.

Is LendingTree good for personal loans?

LendingTree is a good option if you need a personal loan. They have good reviews online by consumers with approved loans. In addition, the website provides answers to all questions borrowers may have prior to applying for a loan.

How does LendingTree personal loan work?

First, borrowers need to fill out an online form through the LendingTree website. Then, LendingTree will use the information to match the applicant with the best available lenders. The borrower can then compare the offers and choose the best one.

Is my information kept secure when I apply through LendingTree?

The information you submit to LendingTree will be encrypted. That said, no electronic transmission or storage of data is fully secure. LendingTree will also share your data with LendingTree affiliates and partners.

How does LendingTree compare to other lenders?

Judging by the reviews we read online, consumers were overall satisfied with how simple and fast the process was. We did however encounter more good reviews about Credible loan consolidation, with Credible considered the best student loan refinance option. That said, there were good reviews about almost all of the types of personal loans offered by LendingTree. Make sure to read some more LendingTree personal loans reviews before making a decision. And we also recommend reading our Credible, Even Financial, Guide to Lenders, 5k Funds, Loans Under 36, Monevo, Upgrade, AmOne, and PersonalLoans.com reviews.