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.
Disclosure
This website is an informative comparison site that aims to offer its users find helpful information regarding the products and offers that will be suitable for their needs. We are able to maintain a free, high-quality service by receiving advertising fees from the brands and service providers we review on this website (though we may also review brands we are not engaged with). These advertising fees, combined with our criteria and methodology, such as the conversion rates, our team of reviewer's finding and subjective experience and product popularity, impact the placement and position of the brands within the comparison table. In the event rating or scoring are assigned by us, they are based on the position in the comparison table, or according to other formula in the event specifically detailed by us. See our How we Rate page and Terms of Use for information. The reviews, rating and scoring are provided “as-is” without guaranties or warranties regarding the information contained in our website, which shall not be considered as endorsement. We make the best efforts to keep the information up-to-date, however, an offer’s terms might change at any time. We do not compare or include all service providers, brands and offers available in the market.
Having spent over fifteen years helping people plan their lives financially, Bob has a vast amount of knowledge concerning personal finance. During his career, Bob mastered many different financial products to help people achieve their financial goals, including life insurance, disability insurance, mutual funds, and stocks and bonds. He earned the Chartered Life Underwriter (CLU) designation and held numerous securities licenses. Bob is an internationally published poet and is now a freelance writer living in North Texas with his wife and Doberman puppy.
