Lending Tree Review
Description:
Lending Tree is not a direct lender. Lending tree is a link between consumers and lenders. The information provided to Lending Tree is distributed to four different brokers who then compete for your business. This model has both positives and negatives to consider. The good thing is you should get competitive offers from the start with little negotiation. The brokers know that they are competing for your business and therefore must offer their very best or they risk losing the opportunity to help you with the financing. The negative aspect of this model is that the Brokers can and will pull credit reports. These pulls can impact your score. If you have borderline credit this may hurt you when it is time to close the loan.
Legitimacy:
The Better Business Bureau shows a satisfactory record for the company. This does not mean there have been no complaints. It does show that the complaints that were filed are being handled in a way that meets the BBB’s guidelines.
Web Design:
Lending Tress website is clear and easy to use. They also offer online chat. This is a feature that can be extremely convenient when filling out an application.
Overall Rating:
