LendingTree is a third-party service that takes a borrower's information and submits it to multiple lenders, who then contact the borrower. A borrower submits an application with info on their financials.

LendingTree Personal Loan Pros and Cons

LendingTree is not a direct lender. Each loan it matches you with will have its own application process, fees and terms.

Sign up for a free LendingTree account and receive free credit monitoring. Get updates via email and push notifications (via the LendingTree app) any time your credit score changes.

LendingTree customer reviews are generally positive. As of the time of writing, the company has a rating of 4.6 out of 5 stars based on nearly 12,000 reviews on Trustpilot. Among these reviews, over 9,700 customers give it a five-star rating and another 12,260 give it four stars.

The LendingTree personal loan marketplace may be a good fit for borrowers who: Want to compare multiple personal loan offers at once. As a personal loan marketplace, LendingTree makes it easy to check your rates with multiple lenders at the same time with a single application.

IAC/InterActiveCorp IAC ownership LendingTree went through an initial public offering (IPO) on February 15, 2000. In May 2003, LendingTree was acquired by IAC/InterActiveCorp, former owner of Ticketmaster, Home Shopping Network and Match.com. In 2004, LendingTree acquired HomeLoanCenter.com and formed LendingTree Loans.

While these kinds of fees typically include an application fee, origination fee, processing fee and underwriting fee, the full list of what counts as lender fees will vary depending on the financial institution you're getting your loan from. Lender fees can wind up amounting to about 1% to 2% of the loan amount.

Best personal loans of October 2023

• SoFi. : Best overall.
• LendingPoint. : Best for fair credit.
• Upgrade. : Best for poor credit.
• Prosper. : Best peer-to-peer lender.
• Axos Bank. : Best for excellent credit.
• LightStream. : Best for fast funding.
• Discover. : Best for good credit.
• Avant. : Best for customer support.

The Industrial and Commercial Bank of China Limited is the largest bank in both the People's Republic of China and the world when considering total assets. Among the biggest lenders in the world, ICBC continues to steadily remain near the top, along with the likes of the Bank of America.

Yes, LendingTree is a legitimate online lending marketplace. The Better Business Bureau (BBB) has accredited the company since 2019, where it has an A+ rating.

‍A loan origination fee is an upfront fee a lender charges to the borrower. It typically costs 0.5% to 1% of the total loan amount and is paid at closing. Loan origination charges are negotiable - know your options before you close to avoid overpaying.