LendingTree Personal Loans Review

LendingTree Personal Loans is offered by LendingTree Inc., a financial services company founded in 1996 and based in Charlotte, NC. LendingTree Personal Loans is available in 50 states (and Washington, DC).

• 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. In some cases you can 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.
• Hard credit pull required. You can't check your rates or see if you prequalify for LendingTree Personal Loans without a hard pull on your credit report. Most lenders give you the option of a soft pull on you credit report.
• 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.

Pros	Cons
Low APRs available to qualified borrowers. Considers applicants with fair credit. 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.

What rates and terms does LendingTree Personal Loans offer?

LendingTree Personal Loans has lower interest rates than the average for lenders reviewed on SuperMoney.

What fees does LendingTree Personal Loans 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.

Permanent resident / green card holders are also eligible to apply.

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

• Recent pay stubs
• Proof of citizenship or residence permit

LendingTree Personal Loans 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 LendingTree Personal Loans?

LendingTree Personal Loans will typically approve (or deny) a loan application within 24 hours and fund personal loans within 7 business days of approval.