LendingTree vs. LightStream Comparison

6.99-35.99%

6.99-25.49%

$1K-$50K

$5K-$100K

• Marketplace

• Direct

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

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

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

• Car
• Major Purchase
• Household Expenses
• Vacation
• Wedding
• Other

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

• Get a loan for practically anything
• Autopay discount available
• Dedicated app to manage your loan
• LightStream doesn’t charge any fees

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

• Personal loan up to $100K
• Requires steady income
• 1-3 Days till funding

4-8.9%

3.99-20.49%

$500-$300K

$5K-$100K

• Marketplace

• Direct

• 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 mileage or vehicle type restrictions
• Lightstream lends to people in all 50 states
• Low rates for borrowers with great credit

• 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

• Loan rates are 0.50% higher without AutoPay
• Hard credit check to get approved
• Minimum credit score required for approval, regardless of other qualifications

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

6.15-8.34%

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

• 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

• 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

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

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