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What reviewers say about LendingTree

Generated with AI from 392 reviews on Trustburn · updated 28 days ago

Customers generally speak very positively about LendingTree, with 76% of the 392 reviews on file giving the company 5 stars and an average rating of 4.3 out of 5. Reviewers frequently mention fast loan processing, securing lower interest rates than their existing loans, and helpful, knowledgeable loan officers. A smaller share of customers express frustration, particularly around not receiving the lower rates they expected or feeling pressured by the high volume of lender outreach following an application.
What does LendingTree do?

LendingTree helps consumers find the best deal possible on loans by providing multiple offers from several lenders, making comparison shopping easy. The company operates as a loan comparison service that connects borrowers with lenders. Based on the available information, LendingTree does not have its own physical office location in the data provided.

What are the most common complaints about LendingTree?

Based on the critical 1-star reviewers, the most common complaints center on LendingTree being a source of an overwhelming volume of unsolicited calls, texts, and emails from lenders after submitting an application. Several critical reviewers also described being transferred multiple times between loan officers, experiencing technical issues with the site, and feeling that the site's lack of upfront disclosure about contact-sharing was deceptive. One critical reviewer, however, did report a positive experience despite the same process, noting they were approved within a day.

AI-generated from reviews on this page. Verify anything important with the company directly.

Darren Janesky
Reviews 1

NIGHTMARE!! Beware that by giving them your personal data they will blast your confidential information out to hundreds of companies, my phone and email have been blown up as well as texts at all hours. This is the last thing that I needed. Your life will never be the same after you submit your info to them and there's no way to stop it. My credit inquiries won't stop and I can't stress enough to stay away from this place.

Patti Hatzi
Reviews 1

Exceptional service and easy application process. Great loan terms and affordable payments! Funds are received quickly with no prepayment penalties. This was a great overall experience for me and I highly recommend using their services .

David Hazelwood
Reviews 1

After losing hundreds of thousands of dollars in the Mortgage meltdown of 2008, I had rebuilt my very poor credit, loss of a job, and a FICO score of 500 to well over 700 and perfect credit except for the debt to available credit ratio. With decent credit again and availability of high-limit credit cards It's easy to begin to overuse the correspondingly high-interest cards; in my case as alternative to dipping into rebuilt savings. That's a mistake you should not make. After reviewing the onslaught of direct loan offers I developed a debt-reduction plan that would eliminate these high interest, high payment credit cards, pay off other high payment non-credit card payments and reduce my monthly payments by over $500. Getting started with the "lending Club" offer was a rocky start, which requires you to stick to your plan and not be persuaded or pressured to accept more than you need or terms that just don't meet your objectives. With the Lending Club system not able to pay any type of non-credit card account and initially not even accepting my credit card accounts, a high pressure salesperson tried unsuccessfully to pressure me to accept the all-cash loan instead of direct payment of the required amount to qualify for the lower rates and payment. The all-cash loan will have a significantly higher rate and payment. To make a long story short, continued dialogue apparently solved the problem. I was able to restructure my planned reduction, finally enter the credit card accounts to pay off direct, and receive enough cash to eliminate the other high-payment accounts with a net reduction of $491.00 in payments and untold thousands in interest charges. A few double payments over the next three months will eliminate three additional cards and bring my net monthly payment reductions to $621.00. A major financial goal achieved. I highly recommend you explore this process. Just have a firm plan, stick to it, and don't accept anything less than a deal that most benefits you - not the Lender.

Brent Faulkner
Reviews 1

I DID THIS AND A HARD INQUIRY WAS MADE ON MY CREDIT FROM A COMPANY CALLED "AUTO APPROVE" THEY WORK IN CONJUNCTION WITH LENDING TREE. NOW I HAVE A 7 POINT DROP ON MY SCORE JUST TO SEE WHAT I PREQUALIFY FOR. SO IF YOU ARE PROUD OF YOUR SCORE, STAY AWAY FROM THIS MISLEADING BUSINESS.

Frank Artuso
Reviews 1

After providing the usual personal info needed to get the process started Lending Tree provided me with several lenders who has varouvas payment options After choosing one the procesd went quickly since I had all the documents needed. Going in I knew I wasn't going to get a great rate due to my credit score, so if you have a low credit score don't kid yourself into thinking one of these lenders is going to provide you with one. All I know is that I will save $400 a month on credit card payments and have this loan paid off in 2 years without any early payoff penalties. Just be sure to listen and ask allot of questions.

Susan Andronico
Reviews 1

Needed a personal loan for a moderate amount, checked with local banks and did not like the rates quoted, thought why not try Lending Tree. Easy to do online, very user friendly, quotes came back immediately, Liked what I saw, and made a connection with one of Lending Trees partners, After a few phone calls, most likely to make sure it was me, I had money deposited in just after two days. Super impressed, easy to use, Thanks for offering this service.

reece reece
Reviews 1

Used Lending Tree and was immediately contacted by Amerisave Mortgage. They charged my credit card $500.00 and told me it was for a conventional loan. When I received the disclosures it was for a FHA loan. I informed them I wasn t interested in an FHA loan. Was told by Amerisave Mortgage loan officer that I had just wasted $500.00 because it was non refundable. I m not happy with Lending Tree. The Mortgage companies lie to you and take your money. I feel like I should have at least had my house appraised for $500.00

Cathi Sullivan
Reviews 1

The whole process was painless, took only three days from start to finish, and the interest rate was very low. It did effect my credit score with a hard inquiry, which I was not thrilled about, but that s the only down side to the whole process. I won t hesitate to use Lending Tree again if needed.

Robin Emmons
Reviews 1

Do not use this site for research and definitely do not fill out any form on this site asking for your personal information. Lending Tree obviously bases its business model on the sale of your information which is how 15 companies in the sector you are researching can start calling and emailing you the moment you hit submit, and will continue to do so into perpetuity. Intrusive, annoying and harassing! Definitely NOT a service. No stars is my true rating but that is not an option here.

Mike Klein
Reviews 1

I was offered multiple choices from different lenders for the loan I was looking for. When I accepted the offer from one of the lenders which fit what I wanted, I actually received what I asked for. There were no stipulations or add on. I got exactly what they promised. Very pleased with result.

Jeff Stow
Reviews 1

Would give zero stars if I could. So, if you want your phone to blow up with calls from mortgage brokers and small banks for days Lendingtree is for you. If you are looking to avoid that sort of thing stay far away from Lending tree.

Heather Poll
Reviews 1

I am so glad I found Lending Tree! I had been looking at different debt consolidation loans, and all of them were outrages! I was to the point of just throwing in the towel when I decided to do a google search for low rate loans. Lending Tree popped up, and I gave it a go, and it was the best decision I have made in years. I got a great loan, and I feel like I can breath again.

Roxana Beaudry
Reviews 1

My first payment is coming due and I went onto the website and I can t find anywhere to find my current loan defined out what the amount is to put in my checkbook it would be nice to be able to see the current things as well as the things you re offering

Kevin Duane
Reviews 1

The process was very easy and convenient. The only inconvenience was the barrage of calls and email I received from some lenders after I selected my loan. They claimed they had better interest rates than were shown on LendingTree. In my opinion this devalues the approach LendingTree uses. I simply told these lenders it was their loss because had they shown their best rates they might had earned my business. Capitalism at work!

Doug Herreman
Reviews 1

It was quick and easy. I found the best rate and applied online with a fast approval. The only downside is I also received phone calls and several email from other lenders afterwards. I still get a few so I need to go to the landing tree site and see if I can opt of them. Otherwise it was an easy process

Gary Suits
Reviews 1

Have got 1 house loan through Lending Tree and 1 Personal Loan. Both loans were low interest. Great sales reps who where very professional an polite. I would recommend Lending tree to anyone looking for a low interest house or personal loan - 5 stars.

Matwitdahat Gamer
Reviews 1

Do not even attempt to request a price quote without companies running your credit. Although it says in big green letters "this will not affect your credit score". When contacted they told me well "you should have read the fine print" (Darryl from lending tree) Not to mention the 30plus phone calls I received from all the different lenders trying to get a sale. I literally wanted a quote and now get harrassed even though I went to the lending tree website to remove me from the contacts.

Patsy Morrison
Reviews 1

The loan process was very professional also a very easy process. Blake Mulkey was very helpful. I have a broken foot and had a sinus infection had been very sick, Blake was very patience in letting me know the documents I needed. He was very kind. I would highly recommend Lending Point to anyone. Thank you.

Adam Frank
Reviews 1

Highly unethical company. The website lets you believe you are providing information to view pre-qualified & pre-approved offers, but in reality you are agreeing (without being properly advised) to a set of terms & conditions I have not even been able to find myself. I provided information and two lenders ran hard inquiries on me without even so much as a howdy-do. I am going to take every step possible to delete my LendingTree account and will certainly never use this service again.

LaTanya Gray
Reviews 1

I had an amazing experience with Lending Tree to the point I was almost afraid it was too good to be true. After contacting several other lenders, their interest rates were 5 to 6 percent higher and they were asking far more documentation than Lending Tree. I never spoke with anyone on the phone and the ease of using the internet made this a truly fast and efficient process. My loan was approved within days and funds were dispensed right after that. It took much less time than I had anticipated.

Artricia Hunt
Reviews 1

Lending Tree made it very easy to see what loan companies I qualified with thus saving me time and several credit inquiries on my credit report. The lender I chose was One Main Financial who had all of my information that was provided by Lending Tree and so all I had to do was basically confirm info and provide paystubs. My loan consolidated all of my bills. I now have one smaller payment and a stress-free end of the year thanks to Lending Tree and One Main Financial.

Lynn Herard
Reviews 1

The experience was very easy and professional. Everything was self explanatory and fast. I applied for a loan to pay off some debts going into the new year. I filled out the application online. They verified my employment and the next business day the loan was in my account. I would say that the interest rates are alittle high but I'm planning on paying it off early. Example: 20%-24%.

Jesse Garcia
Reviews 1

After a few month w/Lending Tree they were able to help me several ways; steps on how to get of debt and were able to direct to get affordable debit consolidation loan to pay off my debit improve my credit and now I only have one payment instead of 7...thanks for your help

Bertha Butt-Boogie
Reviews 1

The website was user friendly & the loan process was easy. My only complaint was the pushy salesperson phone calls from the other loan companies I didn't select. I can imagine that a person who is not technology savvy would have ended up with several different loans. Be sure to confirm that you are speaking with a representative for the company you selected because all of the companies with an offer will call you with pushy sales tactics.

Pablo Adame
Reviews 1

Very pleased with the service and quality of the loan process. The guidance and continued information for the loan was definitely user friendly. The personnel who responded to my calls and questions when needed, were professional and courteous. Overall, highly recommend LendingTree for their competitive and low interest rates! Kudos!!!

David Winegar
Reviews 1

Lending Tree is VERY GOOD at getting your information out to those that can help, but those that can help do it in a rather pushy way. For me, I was inundated with texts and phone calls (and of course emails) at all hours for almost two weeks. It takes a lot to fluster me, and I have to say I was overwhelmed. Unfortunately for me, it was not a good experience.

Ken Gerhardt
Reviews 1

Even after receiving a loan from one of the lenders, other lenders continued to contact me, even LendingTree, asking me for more information to open another loan. Communication between LendingTree and their partners does not seem to exist. Even after I sent voicemail and email to the LendingTree representative, he continues to ask me for more information.

Matt B
Reviews 1

Wow -- I thought I was just going to be able to easily compare mortgage rates... I didn't realize I would immediately get 5 phones calls, followed by a steady stream of e-mails, phone calls, and text messages from lenders. BEWARE - You'll get spammed like crazy when you fill something on out their website.

Brian Holleran
Reviews 1

Needed a quick loan to consolidate some credit. With compounding interest from credit cards , getting a loan made things easy and easier when applying through lendingTree. CON: although lendingTree will offer a specific loan, the lender may not. Some lenders have two week process before money is transferred. Overall, great experience.

leba leba
Reviews 1

Sadly I could not get the consolidation loan I requested. Wanted to consolidate debt but was told that I had too much debt the whole point was to pay off the higher interest debt for one monthly payment at a much lower interest rate . No help here!!

Scott Breitman
Reviews 1

Beware! Using this site means you are agreeing to have your name sold to perhaps hundreds of companies for tele-marketing. I literally clicked submit, and 3 seconds later my cell phone was ringing off the hook. That was a week ago, and it hasn't stopped.

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About LendingTree

LendingTree helps you get the best deal possible on your loans. By giving consumers multiple offers from several lenders, we make comparison shopping easy.

LendingTree: Your One-Stop Shop for Loans

Are you in need of a loan but don't know where to start? Look no further than LendingTree. Our company is dedicated to helping consumers find the best deal possible on their loans by providing multiple offers from several lenders. With our easy-to-use platform, comparison shopping has never been simpler.

Founded in 1996, LendingTree has been a trusted source for loan options for over two decades. We understand that finding the right loan can be overwhelming and time-consuming, which is why we have streamlined the process to make it as stress-free as possible.

Our platform offers a wide range of loan options including personal loans, auto loans, home equity loans, and mortgages. Whether you're looking to consolidate debt or finance a major purchase, we have options available for every financial situation.

One of the unique features of LendingTree is our lender network. We work with over 1,500 lenders across the United States to provide consumers with competitive rates and terms. By having multiple lenders compete for your business, you can rest assured that you are getting the best deal possible.

In addition to our lender network, we also offer educational resources and tools to help consumers make informed decisions about their finances. Our blog covers topics such as credit scores, budgeting tips, and debt management strategies. We also offer calculators such as mortgage calculators and auto loan calculators so that consumers can estimate their monthly payments before committing to a loan.

At LendingTree, we pride ourselves on transparency and customer service. Our platform allows consumers to see all of their offers in one place so they can easily compare rates and terms side-by-side. Additionally, our customer service team is available seven days a week via phone or email to answer any questions or concerns.

Overall, LendingTree is your one-stop shop for all your lending needs. With our extensive lender network and user-friendly platform combined with educational resources and exceptional customer service - there's no better place than LendingTree when it comes time for financing!

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