Available in all states
MagnifyMoney Personal Loans Review
MagnifyMoney runs a personal finance website that provides information about personal loans and other personal finance topics and ultimately directs you to their parent company’s website, LendingTree. LendingTree then connects you with its network of lenders who provide funding for your loan.
MagnifyMoney was launched as a personal finance site in 2014 and was acquired by LendingTree in 2017. The company’s offices are located in Charlotte, North Carolina.
MagnifyMoney Personal Loans Highlights
ORIGINATION FEE
None
PREPAYMENT FEE
None
OTHER FEES
N/a
SOFT CREDIT PULL
N/a
LENDER TYPE
Marketplace
State Availability
Privacy & Security
Magnify Money has a privacy policy that explains how they collect, protect, share, and use borrowers’ information through their products and services. There is also a Consumer Information Security Policy that elaborates on measures the company takes to protect consumer information.
Customer Support
MagnifyMoney is not a lender; they provide a website with educational resources concerning finance, including personal loans, and link you to LendingTree, where the loan shopping process starts.
Being strictly a source of consumer education, MagnifyMoney does not have a customer support department. However, anyone wishing to contact the company can email them via a link on their website.
In Conclusion
MagnifyMoney is an informational resource, not a lender. They are owned by LendingTree, which puts consumers in contact with a network of lenders that they can choose from to fund their loans.
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