LendingTree is known for their loan matching services and can help a borrower secure a loan with one their trusted partners. You can receive offers from multiple lenders while using a single platform. LendingTree personal loans website shows information from all the competing financial institutions so you can find out which one is offering the best rates and terms.
Who Qualifies for a LendingTree Personal Loan
Since LendingTree is a broker for multiple lenders, the eligibility criterion for each loan is different. Almost all loans require the applicant to be an American citizen and over 18 years of age with a valid bank account.
LendingTree has an entire network of top quality lenders they trust. They provide a borrower offers from all the relevant creditors and lets them choose the one they want. There is no obligation on you however to select one. Once the loan has accepted the borrower can decide the terms. The rates for these loans are usually fixed and continue to remain the same throughout the entire term of the loan.
Why LendingTree Personal Loans?
If you are still not convinced about giving the LendingTree personal loans search engine a chance then the following reasons will help you make up your mind.
The LendingTree personal loans platform is entirely online and all you have to do is spend a few minutes filling out a simple questionnaire once you have gathered all the necessary documents. The website provides the results almost immediately and you can choose the one that you think is suitable.
LendingTree personal loans find the lowest APR based on your creditworthiness and a few other factors. Those who have a good credit rating can stand to receive loans at very low rates. The amount you want to loan out can also be varied depending on the purpose. You can apply for a loan as small as $1,000 and as large as $35,000. The amount you actually qualify for depends on your financial status.
With LendingTree personal loans you can have the entire application processes within a day and have the funds disbursed on the next business day. You can use these loans for personal or business reasons, there is no restriction on usage. People often seek these loans to consolidate their debt, pay for a vacation, plan a wedding or finance the remodeling of their home.