LendingTree Reviews

The process for applying for a loan through LendingTree is simple. It only takes a few minutes to prequalify. Once you do, you’ll be matched with the best lenders based on the information you’ve provided.

During the online process, you’ll be asked how much you’d like to borrow. From there, fill in the form with information such as:

• Full name
• Address
• Phone number
• Email address
• Residence type (rent or own)
• Date of birth
• Credit score (or an estimated range)
• Current employment status
• Current income
• Whether you’re applying with a co-signer
• Last 4 digits of your Social Security Number

Applying with a co-borrower isn’t required, but it can increase your approval odds, especially if your credit score or income aren’t very high. A co-borrower could get you better interest rates and terms depending on their credit profile.

The pre-qualification process doesn’t affect your credit score, but it may show up as a soft inquiry. Once you choose a loan offer and apply for it, that specific lender will run a hard credit check.

After submitting the pre-qualification form, you’ll receive a list of potential offers from LendingTree’s network. These offers will include the loan amount, estimated monthly payment, loan term (in years), and customer ratings. If you want to limit the number of offers, simply use LendingTree’s filter. This tool can be especially useful if you’re looking for a specific APR or loan term.

To get started with debt relief, fill out a short online questionnaire on LendingTree’s main site. Indicate what type of loan you’re looking for and how you intend to use the funds. You’ll also need to provide some personal information, including your full name, address, and birthdate. LendingTree uses this information to conduct a soft credit pull (doesn’t hurt your credit) and match you with prospective lenders. The entire prequalification process only takes a few minutes or so.

Once you’ve chosen a lender, complete their application process. Typically, lenders will require more information regarding the loan you need, your income, identity, and credit history. After applying, expect to see a hard credit inquiry into your credit. If approved for financing, you may receive funds within 24 hours.

Applying for an auto loan or refinancing through LendingTree begins with a quick online prequalification process. Start by answering a few questions, such as:

• Type of loan – purchase, refinance, or lease buy out
• Desired loan term – 1 to 7 years
• Potential down payment
• Desired loan amount
• Make of the vehicle (ex. Dodge, Ford, Honda, etc.)
• Whether the vehicle is new or used
• Year and model of the vehicle (ex. Mustang, Ranger, EcoSport)
• Vehicle’s trim and other details
• Whether you’ve already found a vehicle you’re interested in purchasing
• Date of birth
• Any past bankruptcies in the past 7 years
• Estimated credit score (range)
• Employment status (ex. full-time, student, retired)
• Job and employer information (ex. start date, job title, etc.)
• Pre-tax annual income
• Any other assets
• Full name

LendingTree uses the provided information to help you find a good offer. Even if you don’t have all the details now, you can still tweak or add them later.

Upon completing the prequalification process, create an account and provide some additional details about yourself and living arrangements. Once you’ve followed all the prompts, you’ll be shown a list of preapproved offers. Choose the best one and apply directly on the lender’s website.

Keep in mind that prequalification doesn’t affect your credit score. However, applying for a loan will require a hard inquiry.