LendingTree Personal Loans

LendingTree Personal Loans Review

LendingTree Personal Loans is offered by LendingTree Inc., a marketplace lending platform founded in 1996 and based in Charlotte, NC. LendingTree Personal Loans are available in 50 states (and Washington, DC).

Key Takeaways

• APRs starting at 3.49%. Personal loan interest rates typically range between 5% and 36%. The starting rates for LendingTree Personal Loans are on the lower end of the spectrum.
• Fast access to funds. If approved, you can sometimes get your money within 1 business day*.
• Large loan amounts. You can apply for loan amounts of up to $50,000 with LendingTree Personal Loans.
• Charges a prepayment fee. This is rare for personal loans. It means you will have to pay a fee if you pay off your LendingTree Personal Loans early.
• Cosigner applications accepted. Applying for LendingTree Personal Loans with a cosigner can improve your chances of approval and help you qualify for lower interest rates.

Lending Tree Pros & Cons

Pros	Cons
Low APRs available to qualified borrowers. Considers applicants with fair credit. Funding available within 1 business day. Cosigners accepted.	APRs as high as 35%. Charges an origination fee. Do not offer pre-approval with soft credit pull. LendingTree Personal Loans does not report to credit bureaus. Charges prepayment fees. Charges a late fee.

Lending Tree FAQ

What interest rates and personal loan terms does Lending Tree offer?

Lending Tree has lower than average interest rates for lenders reviewed on SuperMoney.

What fees does Lending Tree charge?

What do you need to qualify for LendingTree Personal Loans?

Applicants with a credit score of at least 560 and up to 750 may be eligible for LendingTree Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

LendingTree Personal Loans does not have or does not disclose a minimum annual income eligibility requirement. Note that borrowers can add a cosigner to either meet eligibility requirements or qualify for lower interest rates.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members and their covered dependents are eligible to apply for a loan via LendingTree Personal Loans. Their rates fall within the limits of The Military Lending Act.

To qualify, applicants may need to provide the following documentation:

• Recent pay stubs
• Proof of citizenship or residence permit

Lending Tree Eligibility Criteria

Minimum Age	18
Bank Account Required?	No
Application Types Accepted	Cosigners
Credit Score	560 - 750

What is the estimated funding time for a personal loan via Lending Tree?

Lending Tree will typically approve (or deny) a loan application within 24 hours and fund loans within 7 business days of approval.

Is LendingTree Inc. a legit company?

LendingTree Inc. was founded in 1996, it is a well-established company that has been in business for 27 years. LendingTree Personal Loans are strongly not recommended by SuperMoney community users.