LendingTree online lending marketplace

LendingTree matches you with lenders to get the best deal.

You may have seen one of the company’s TV commercials with the tagline “When banks compete, you win.” That’s the model LendingTree revolves around: Depending on what you need — whether that’s a mortgage loan, personal loan, student loan or even a credit card — LendingTree finds out a bit about you and matches you to providers that can best help you.

LendingTree Personal Loan

LendingTree Personal Loans

What everybody ought to know about LendingTree and the personal loans it provides.

  • Recommended Credit Score: 640 or higher
  • Min. Loan Amount: $1,000
  • Max. Loan Amount: $35,000
  • Loan Term: Varies based on lender
  • Interest Rate: From 5.99% (fixed)
  • Easy application process
  • Multiple offers
  • Low APR

    What is LendingTree?

    You can acquire loans through LendingTree, but it’s not a lender. Rather, LendingTree is an online marketplace where you can get matched with loan offers.

    Essentially, LendingTree works by pointing you toward different lenders. The basic process works like this:

    • Fill out an online form. Tell LendingTree the type of loan you’re looking for, as well as basic information about yourself.
    • Review offers from multiple lenders. You’ll see several offers that are customized to your profile.
    • Accept an offer and start working with the lender. When you find a loan offer you like, you’ll be forwarded to a representative with whom you can finish the process.

    It doesn’t cost anything to use LendingTree; however, you may need to pay fees assessed by the lender, including processing fees or closing costs.

    Apply for a variety of loans through LendingTree

    Rates last updated October 22nd, 2017
    Name Product Minimum Credit Score Max. Loan Amount APR Product Description
    LendingTree Personal Loan
    From (fixed)
    Receive up to five loan offers in just minutes through LendingTree's simple online application process.
    LendingTree Student Loans
    Good to excellent credit
    Varies by lender
    From 2.75% (fixed)
    Compare multiple student loans and student loan refinancing options in one place.
    LendingTree Auto Loans
    Varies by lender
    From (fixed)
    Compare multiple financing options for auto refinance, new car purchase, used car purchase and lease buy out.
    LendingTree Business Loans
    Good to excellent credit
    Varies by lender and type of financing
    From (fixed)
    Apply for multiple business financing options in one place including: small business loans, lines of credit, SBA loans, equipment financing and more.
    LendingTree Home Equity Loans
    Good to excellent credit
    Depends on home value
    From (fixed)
    Exchange part of the equity you have in your home for a loan to use for home improvements or any other expense.

    Compare up to 4 providers

    How does LendingTree make money?

    LendingTree isn’t a lender, and it doesn’t make money by offering loans. So, how does the company make money?

    As an online loan marketplace, LendingTree makes money by directing you to lenders. Banks find customers through LendingTree, and in turn they pay LendingTree for the referrals.

    Keep in mind that you are never under any obligation to pay LendingTree any fee, and you are never required to accept any loan offer you’re presented.

    Loans and products you can find through LendingTree

    Here’s a quick rundown of what types of loans and products you can find through LendingTree:

    Type of financeUsesTerm of financeSecured or unsecured
    Personal loansAlmost anything you can think of. Debt consolidation, credit card consolidation, major purchases, vacation, wedding, moving and even medical expenses can be covered with these loans.1 to 10 years.Unsecured.
    Home mortgagesBuy a single family home, a multiple family dwelling home, a condo, a townhouse, or a mobile home.15 or 30 years, fixed.Secured. Your home works as collateral.
    Mortgage refinancingTrade equity you’ve built in your home for cash.15 or 30 years, fixed.Secured. Your home is also used as collateral for this loan.
    Auto loansBuy a new or used car, refinance one you already have or buy out a lease. Also available for boat, RV and motorcycles.12 to 72 months.Secured. Your car works as collateral.
    Small business loansSole proprietorships, partnerships, corporations and limited liability companies can finance their business.Up to 40 years, depending on the lender.Secured. Collateral options depend on the loan, but can range from equipment or the building your business operates out of to personal assets.
    Credit cardsPersonal, student and business credit cards are available to suit your individual needs. You can also filter by credit score, balance transfers, cash back, travel, 0% APR, no foreign transaction fees, rewards and those with no annual feeOngoing.Unsecured.

    Compare LendingTree to other online lender matching services

    Rates last updated October 22nd, 2017
    Name Product Minimum Credit Score Max. Loan Amount APR Product Description
    Even Financial Personal Loans
    From 4.99% (fixed)
    Get matched to the best loan offer instantly from top online consumer lenders.
    LendingTree Personal Loan
    From (fixed)
    Receive up to five loan offers in just minutes through LendingTree's simple online application process.
    Credible Personal Loans
    Good to excellent credit
    From 4.99% (fixed)
    Get personalized rates in minutes and then choose a loan offer from several top online lenders.
    Zippyloan Personal Loans
    Varies by lender
    From (variable)
    Apply with Zippyloan to be considered by over 100 lenders, all offering multiple loan options to suit your needs.

    Compare up to 4 providers

    Things to look out for

    Before proceeding with LendingTree, protect yourself by keeping these things in mind:

    • You are never under any obligation to follow through with an offer. Offers presented on LendingTree are just that — offers. Browsing on LendingTree does not mean you are locked into taking out a loan, and you can stop using the site at any time without paying anything.
    • You can use LendingTree at no cost. LendingTree does not assess fees for you to use its site. However, you may need to pay fees (like closing costs) when you finalize a deal with a lender.
    • Expect calls from lenders. When you use LendingTree to look for a loan, your contact information will be passed on to banks. At that point, expect to be contacted by various banks.

    Frequently asked questions

    LendingTree will find loan options for you even if you have poor credit. Keep in mind, however, that lenders will offer better loan terms for better credit.

    LendingTree was founded in 1996. It was acquired in 2003 by InterActiveCorp, which owns web properties like About.com, CollegeHumor, Investopedia, and The Daily Beast.

    LendingTree makes money by directing consumers to various lenders. Banks pay LendingTree to reach potential customers. For that reason, LendingTree is free to use for consumers.

    You can sign up for LendingTree’s Do-Not-Call List online.

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    US Personal Loans Offers

    Learn about our information service
    Prosper Personal Loan

    Borrow only what you need for debt consolidation, home improvements, special occasions and more — with APRs based on your credit score.

    LendingClub Personal Loan

    Borrow up to $40,000 with rates from 5.99% to 35.89% APR based on your credit score.

    SoFi Personal Loan Fixed Rate (with Autopay)

    Borrow up to $100,000 with a competitive APR and no fees.

    Upstart Personal Loans

    This newer service looks beyond your credit score to match you with accredited investors for low-rate personal loans.

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