LendingTree Logo



star star_half star_border star_border star_border
6 User Reviews
LAST UPDATED: January 4th, 2022

LendingTree is an online lending marketplace that connects borrowers to lenders, allowing them to pick the best fit lender for their needs. It seeks to empower consumers by providing multiple loan offers simultaneously. Its services extend to small business loans, auto loans, mortgage loans, personal loans, credit cards, and more. Since its founding, LendingTree has helped over 100 million customers find the right loan.

The LendingTree network of personal loan providers includes both popular names and some lesser-known companies. The list includes Avant, Best Egg, CashNetUSA, and Discover and online lenders, as well as peer-to-peer lending partners LendingClub and Peerform.

Keep reading for pros and cons, as well as LendingTree personal loan reviews from real customers.


The Good

  • Multiple Loan Offers
  • Low Minimum Credit Score Requirement
  • Financial Services
  • Educational Resources
  • Transparency

Multiple Loan Offers

LendingTree connects customers with multiple lenders through its online marketplace, allowing them to compare a variety of offerings. 

Once you fill out an initial form to check rates, you will be provided with up to five quotes to compare. When viewing offers, you get to see special badges indicating fast funding, top-rated lenders from the previous quarter, no fees, no upfront fees, phone support, local presence, etc. A potential borrower gets to compare these side by side, making financial decisions easier.

This prequalification process will trigger a soft credit pull. Once you choose an offer and complete your official loan application, a hard credit check is performed by your chosen lending partner.

Low Minimum Credit Score Requirement

While LendingTree doesn't advertise a minimum credit requirement, it does state that its lending partners accept applications from borrowers with scores from 525 and up. Compared to other lenders in the industry, a minimum credit score of 525 is very low; however, applicants with little to no credit history, or a bad credit score, will not qualify for the lowest available rates.

It is important to note that your credit score will also impact the size of the loan you can receive. LendingTree offers personal loans ranging from $1,000-$50,000, although loan amounts are reliant upon your financial needs.

Financial Services

In addition to a wide selection of providers, LendingTree has a variety of financial products, including personal loans, auto loans, business loans, mortgage loans, and more. This array of loan services allows a borrower more flexibility in meeting their financial needs.

In addition to a variety of loan offerings, Lendingtree's loan marketplace offers a special option for people seeking a debt consolidation loan, particularly for higher-interest credit card debt. LendingTree offers a loan calculator to help determine, based on your current debts, credit score, housing status, and state, whether you should look into a personal loan for your debt relief needs. This is a helpful service as it shows how long it will take you to become debt-free and whether debt consolidation or settlement will best fit your needs.

Educational Resources

LendingTree provides a wide range of personal finance resources. Its website includes articles on personal loans, detailing the nature and use of these loans as well as extensive information on other lending topics.

The company also has a loan payment calculator to help customers determine their monthly payment, interest rate, and loan term based on the loan amount.


LendingTree has a transparent platform and website. The company's mission is to help customers find the right loan for them by showing multiple loan offers at once. LendingTree clearly outlines how it makes money and explains the process.

Visit Site


The Bad

  • High Interest Rates
  • Missing Rates and Terms
  • Phone Number

High Interest Rates

LendingTree allows consumers to compare multiple loan rates from major lenders simultaneously. However, the company's lending partners offer a variety of interest rates, ranging from 3.99 to 35.99 percent.

To qualify for a loan with lower rates, the borrower must have an excellent credit score. For example, a $10,000, 3-year loan, with 3.99 percent APR, will likely require the borrower to have a credit score of 700+. 

The maximum personal loan rate is 35.99 percent APR, which is quite high within the personal loan industry. Borrowers with a poor credit score will likely not qualify for rates as low as 3.99 percent and can expect to receive rates close to the maximum 35.99 percent rate.

Missing Rates and Terms

Although LendingTree has an extensive website that is easy to navigate, the company requires visitors to fill out a form before receiving specific rates and repayment terms from its lender marketplace. This is because loan offers come from each lender themselves, based on your specific information. 

Although it may be frustrating that you can not see rates and terms upfront, once you fill out an application, you will receive various lenders with rates and terms specific to your needs. This allows a borrower to choose a loan offer that is best for them.

Phone Number

One step of the LendingTree rate-check, or prequalification process, is providing a phone number. Providing your phone number allows LendingTree to share it with its lending partners. A lender will then contact you directly to discuss loan options. If you don't want to submit a phone number and field phone calls, you can complete a prequalification application by calling customer service instead.

You must also provide the last four digits of your social security number to do a soft credit check, which is required for prequalification.


The Bottom Line

LendingTree is a personal loan platform that allows consumers to compare a variety of potential lenders. The company is a convenient option for customers who want to shop multiple offers at the same time without having to reach out to individual lenders on their own.

LendingTree has an extensive website with detailed information regarding its loan options; however, you need to fill out a form (answering questions regarding annual income, employment status, full name, phone number, credit score range, etc.) before receiving specific rates and terms.

There are limited customer reviews currently available, the majority of which are negative. Therefore, based on reviews we cannot make a reasonable recommendation. However, based on their services, LendingTree is an excellent personal loan provider - applying is easy and the borrower is in control.

Read LendingTree reviews below to see what consumers have to say about this financial services marketplace and its customer service.


Was this content helpful?
thumb_up Yes thumb_down No

Star Rating


star star_half star_border star_border star_border

6 Reviews

Review Breakdown

5 grade


4 grade


3 grade


2 grade


1 grade


Sentiment Criteria


star star_border star_border star_border star_border


star star_border star_border star_border star_border


star star_border star_border star_border star_border


star star_border star_border star_border star_border

Filter by:


Sort by:

star star_border star_border star_border star_border

Drue Nelson Bozeman, MT

Put in an application on a Sunday, innocently putting my primary email and phone number. Monday I received 5 text messages, 20 calls, and many emails. The worst part is that the interest rates they are offering are over 20%! Absolutely nothing reasonable. My company has no debt, is profitable, and my personal credit is over 700..... I wish I had searched before putting in my information.

2 weeks ago

star star_border star_border star_border star_border

Francine Estrada Albuquerque, NM

I'm lookin in filing a law suit against lending tree because never gave the permission to sale my info now I'm receiving a flood off robo calls scammers the whole 9 yards I would like to know if I'm successful with the law suit and the victim also apart of this legit hustle cause that is was there doing selling our information to companies without our noticeable permission or just Even behind our back its wrong and lending tree should be held accountable for there actions the more victims we have the better chance of getting justice ill be in touch .the only reason they got I star is because they won't u summit without at least putting one star which they don't deserve that

2 months ago

star star_border star_border star_border star_border

Nancy Montgomery Scottsbluff, NE

I am not happy with lending tree I have tried to get a personal loan as I found out they have and probably continue their false advertisements saying all credit are ok that false statement I have been denied for a personal loan then they sell your personal information and use your credit history against you. This CEO should know better to send out false information on all credit are ok. Plus discrimination of the like.

2 years ago


Review Source

star star star star_border star_border

janalee sanders Valley Center, CA

we looked into a personal loan with lending tree but did not end up using their company. our customer service rep was nice and knowledgeable but ultimately they couldn't offer us a interest rate that was what we felt would be best for us.

2 years ago

star star_border star_border star_border star_border

Larry Gage

Giving LendingTree my tele and email started a cascade of spam calls, email, and text messages. Stupid of me. All LendingTree does is sell your info to dozens of mortgage brokers who will hound you until you change your email and tele. When you see LendingTree, think relentless spam.

4 weeks ago

star star_border star_border star_border star_border

Bjay Milwaukee, WI

Lending Tree is funny loan agency they gave me a loan credit of $1200.00 then took it back. Weird part when I mentioned out loud I wonder can I pay & 150.00 a month. Web page started to reload and a disclaimer page showed up with apology information of disapproval. Hmmm...

4 years ago