Credible vs. LendingTree Comparison

6.99-35.99%

6.99-35.99%

$600-$100K

$1K-$50K

• Marketplace

• Marketplace

• Unsecured Personal Loans
• Fixed-Rate Personal Loans
• Variable-Rate Personal Loans
• Co-singer / Joint loans

• Unsecured Personal Loans
• Fixed-Rate Personal Loans
• Variable-Rate Personal Loans

• Credit Card Refinance
• Debt Consolidation
• Home Improvement
• Medical Expenses
• Relocation
• Vacation
• Wedding

• Credit Card Refinance
• Major Purchase
• Household Expenses
• Vacation
• Wedding
• Other

• Great for Comparing Lenders
• Fast and Easy
• Secure 256-bit encryption

• Pre-qualification won't harm your credit score
• Great customer service
• Competitive APR rates from many lenders

• Fees Vary
• Other Variable Info
• Terms are Limited

• Some loans may have origination fees
• Terms depend on income and job status
• Marketplace and not an actual lender

4.60-35.99%

4-8.9%

$600-$100K

$500-$300K

• Marketplace

• Marketplace

Min 4.60%

• Simple, streamlined prequalification and application process
• Live customer support (uncommon among loan marketplaces)
• Several other loan types are available

• Fast funding for auto loans and auto refinance
• Easy to use platform makes application process simple
• Competitive interest rates among variety of reputable lenders

• No official auto purchase or refinancing loans — only personal loans
• Not a direct lender

• Car must be newer than 10 model years old and have mileage below 120,000 miles to be eligible for refinancing
• Current auto loans must have a minimum of 24 years left on the term and a balance of $5,000 to $55,000

7.17-8.22%

6.15-8.34%

• Mortgage Purchase
• Mortgage Refinance
• Fixed
• Adjustable
• Home Improvement
• Home Equity Loan
• Home Equity Line of Credit
• FHA
• USDA
• Jumbo

• Mortgage Purchase
• Mortgage Refinance
• Home Equity Loan
• Home Equity Line of Credit
• FHA
• VA

• Secure and private loan application process
• Neat layout and easy navigation
• 3-minute application without hard check

• Lenders in the LendingTree network uniquely offer manufactured or mobile home loans and multi-family home loans
• You can apply for a mortgage through LendingTree as a primary home, secondary home, or rental property
• Getting several offers with a single application makes it easier to negotiate for the best possible rates

• Limited options for government backed home loans
• Credible doesn’t operate in several large states
• No face-to-face customer support
• Poor after sale services

• Customers receive many emails and phone calls from various companies
• Each lender runs a hard credit check, which could reduce credit scores by a few points

$5K-$500K

• Private student loans
• Student loan refinance

• Can refinance Parent PLUS loans
• Quickly compare multiple lending partners on a single platform
• Get your rate and find out if you qualify with a soft credit pull
• Some lending partners will refinance student loans without a degree

• Same interest rate as going directly through lender
• Those with high debt-to-income ratios may find it challenging to find a lender

$600

$1K

• Great for Comparing Lenders
• Fast and Easy
• Secure 256-bit encryption

• Largest network of lenders in the US
• Financial wellness services
• Connect w/ lenders after soft credit pull

• Fees Vary
• Other Variable Info
• Terms are Limited

• Final decision only after hard pull
• Lenders may charge origination fees
• APRs start at 10.49%

12+ Months

$3K-$10M

Min 3.49%

• Eligibility requirements may be lower, depending on the lender
• Various types of business loans, including some for startups
• Prequalification available
• Secure online application process

• Not very transparent with loan terms and rates until after applying
• Some lenders charge additional fees (ex. origination fees)
• Applicants may receive unsolicited offers

• SBA Loans
• Business Line of Credit
• Business Term Loan
• Working Capital Loans
• Invoice Financing
• Invoice Factoring
• Equipment Financing
• Term loans
• Short-Term Business Loan
• Merchant Cash Advances
• Startup Loans