Lending tree review reddit


Lending tree review reddit – Don’t use it yet till you read this guide

Lending tree review reddit – Finding a suitable loan most times could be a nightmare, if you are lucky enough you will end up with an average provider, if on the contrary you may just end up with the worst lender you’d ever imagined in your life.

While you may choose to counter this idea, I insist there’s nothing more frustrating than trying to find the right loan partner.

Today, I will provide you with a lending tree review reddit, this is aimed to arm you with the most definitive, thoughtful, objective and informed idea that’ll see you through, then decide if lending tree is ideal for you.

Dear reader, it isn’t a rocket science to know you are expected to shop around for the best lenders in town before you take a loan.

But then, all loans are created equal so you should not bother to shop around whatsoever? Lies.

All loans are not created equal, they come in different regalia, shapes, and features that makes each loan suitable for different classes of borrowers, now you know, hence, there’s no one size fits all.

Before you take any loan, it’s principal that you consider the following;

  • The loan origination fee
  • Late payment fees
  • Prepayment penalties
  • Annual percentage rate
  • Is the lend trustworthy?
  • You must know the total amount you are required to pay back for a loan.

All these should lead your sense of judgment to decide who offers the best plan aside the rate.

About lending tree

Lending tree is an outfit that serves borrowers funding needs in the United States. However, founded in 1998.  With lending tree you have access to borrow for the following;

Lending tree as it claimed does not only give out loans, it further connects numerous lenders and borrowers together on a single platform, hereby providing more competition where borrowers could decide who to borrow from at a more favorable loan terms.

Given this, Lending tree claimed it sees to;

  • Student loan and refinancing
  • Home equity line of credit
  • As well as debt consolidation to add to the afore listed services.

How lending tree works

Lending tree works in three basic steps;

You are required to answer a few questions like; what type of loan are you looking to receive and how you intend to use the.

Having answered these questions your request will be forwarded to network of lenders for consideration.

The second stage requires that you shop and make comparison, having received the offer, it’s detailed on you to compare among numerous lenders looking to have your business for a preferred and favorable offer.

Finally, you can compare offers side by side to see who suits your style, as well speak with loan officers one on one to further negotiate the terms, then apply online thereafter your fund will be disbursed.

Note: Before reaching a lending decision, the loan provider will do a hard pull or a hard enquiry, this could damage your credit score.

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

Requisite information for a lending tree loan

  • Your Zip code
  • Street address
  • Type of residence
  • Estimated credit excellence, you should have at least a score of 585 to 680 and above.
  • You must be 18 years and above
  • You must have a valid social security number
  • You should have a steady stream of income
  • Your debt to income ratio should be at least 36% or less.

Loan repayment should run through a period of 3 to 7 years

Products offered by lending tree

Home financing

Lending tree offers various forms of home financing ranging from

  • Purchasing your home
  • Refinancing your new home
  • Home equity loan
  • Reverse mortgage loan

credit cards

You need a credit card to facilitate your online and real time spending, lending tree provides a card that suits your lifestyle.

Students loan

As a student, sourcing funding for your education is on top of priority, lending tree does that for you by taking these simple steps;

  • Determine how much you need for college
  • Research and compare loan options
  • Apply for student loan
  • Get approved, accept and sign

Personal loans

Lending tree will provide a loan to help you with the following needs;

  • Debt consolidation
  • Auto loans
  • Business loans
  • Pay off credit cards
  • Home improvement
  • Major purchases
  • Vacation
  • Wedding expenses
  • Moving and relocation
  • Medical expenses, etc.

Lending tree review reddit

Lending tree is a platform that match lenders with preferred borrowers, it does not provide loans on its own, however, facilitates the process alongside other requisite financial services.

I’ve been able to check and found various reviews by users online, some are good while some are bad too.


  • The application process is seamless
  • Loan processing happens within a week
  • Loan is capable to cut your monthly payments
  • It has the best comparison tools for borrowers
  • Loan is online, hence no need for-in person application
  • It has a professional customer service


  • Large number of phone calls trail applicants
  • Applicants receive large number of ads
  • Despite having excellent credit scores, most applicants were offered high rates
  • Most aggrieved users see them as a lead-generation site that sells your information to lenders

What users are saying

User review
User reviews
User rreviews
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Is lending tree legit

Lending tree is legit, however, you need to understand that they play a connecting role between lenders and borrowers, they do not give out loans themselves.

If you will not prefer your information to be shared  with lenders then this may not be ideal for you since various lenders will scrutinize your request, and details to ascertain if you are a good fit for them.


Lending tree review reddit is meant to provide you with the best information to ascertain if you can do business with them. They do not charge you rather earn a commission if an applicant gets a loan from a lender they referred them.

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