Bankrate vs. LendingTree Comparison

7.80-35.99%

6.99-35.99%

$1K-$100K

$1K-$50K

• Marketplace

• Marketplace

• Secured Personal Loans
• 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

• Business Loans
• Car
• Credit Card Refinance
• Debt Consolidation
• Home Improvement
• Major Purchase
• Medical Expenses
• Household Expenses
• Mortgage
• Relocation
• Student Loan Refinance
• Car Bike Loans
• Vacation
• Wedding
• Other

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

• Deals with trustworthy lenders
• Wide range of personal loans to check out
• Easy to use comparison tool
• More than four decades of experience

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

• Not a direct lender
• No live chat

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

6.46-6.99%

6.15-8.34%

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

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

• Comprehensive online marketplace with many lenders to compare
• Simple application process
• Up-to-date information on mortgage rates and lenders available

• 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

• Website can be tricky to navigate and find specific information about mortgage loans
• Loan rates, terms, and eligibility vary widely across lenders – specifics aren’t always available
• Doesn’t contain all home loan types – ex. Jumbo loans

• 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

$1K

$1K

• Personalized comparison tool
• Helpful for comparing loans from many reputable lenders
• Prequalification provides an overview of eligible loans and their terms
• Options available for those with limited credit history

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

• You must create an account before you can compare your loan options
• Loan terms vary depending on the lender
• Specific fees depend on the lender

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

4-8.9%

$500-$300K

• Marketplace

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

• 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

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