LendingTree

Pros: Site is fairly easy to navigate; Some good user tools
Cons: The offers are nothing special and there are too few of them

Lendingtree.com is an on- line financial resource that specializes in making loans. Rather than offering the loans directly itself, Lendingteee.com gathers up financial and personal information from customers and then submits the info to its member banks ...

Pros: Access to lenders
Cons: Not great interest rates or coverage

When I decided to try out lendingtree.com for both an auto loan and a home equity loan, I thought there would be some real competition for my business, meaning interest rate competition and lenders willing to meet my needs. I was quite sadly...

Pros: They can find you a loan
Cons: Slow response time, not as many offers as suggested

I am a sucker for advertising, if I see a good advertisement on TV I definitely check out the product. So, when I saw those cute advertisements about Lendingtree.com I filed it in the back of my mind in case I ever needed a loan.

Then a few...

Pros: you can view queries to your credit report
Cons: not very many loan offers, bad interest rates, few useable features, user charges

Back when I was looking for a good loan in order to purchase a new vehicle, LendingTree.com was one of the places that I looked for potential assistance. I had seen all of the commercials telling me that this was the place to go, and it seemed an ...

Pros: Easy online access
Cons: slow response, less than firm offers

Recently, we decided to refinance our adjustable rate mortgage. Our first thought was to try some of the online mortgage programs. Two years ago, we got our auto lease online, and had a pretty good experience with that. I tried two web sites right off...

Pros: Very Good rates
Cons: Customer Service

Several years ago I applied for a $75,000 HELOC, a Home Loan Line Of Credit, with Lending Tree. They promised 4 quotes from 4 different institutions and they delivered about 15 quotes from the four lenders so I got what they advertised. I had done some ...

Pros: Clever marketing.
Cons: High costs, painful process, inexperienced people, few real options in lenders or loans.

To get a good mortgage loan on the web, go directly to some lenders. Go to mtgprofessor.com and follow the advice there under shopping for a mortgage online about going directly to a fair and honest lender, rather than a middleman like Lending Tree. ...

Pros: Easy to use, give you 4 offers to choose from, straightforward offers
Cons: Offers may not be exactly what you asked for, $250 credit is not as easy as they make it sound

Overall I can only find one fault with LendingTree.com - they did not come through with the $250 credit they promised us...and they may fix that yet! (Hoping, hoping... I'll post an update if they do.) Otherwise, the service was simple and easy to use....

Pros: easy to apply online, quick responses
Cons: typical vulture lenders ignore customer requests

Oh, the perils of getting a mortgage--30 year fixed, 5/1, ARM, balloon, 7/3, points, paperwork--all designed to completely confuse the average homebuyer. As if it isn't hard enough to find and choose a house. But. most of us aren't carting around enough...

Pros: Costco Partner
Cons: NOT HONOR A GOOD FAITH ESTIMATE / VERY SLOW CUSTOMER SERVICE RESPONSE TO SOLVE ISSUE

04/05/07 I have just bought a house, and was in the process to shop for a mortgage and LendingTree was one of the companies I have sent my information to get a quote, since they have a partnership with Costco, and I am a BIG Costco fan, and of course, ...

Pros: Great ads
Cons: Poor execution, poorer results

LendingTree.com sure has great ads. The premise of bankers fighting to win my business is an appealing notion indeed. Sadly, I must report that this site is long on promise and short on delivery and execution. The promised lower and more aggressive...

Pros: Easy to use, FAST response time
Cons: none

We saved $936.00 in interest over the life of our new auto loan by using Lendingtree.com!

WHAT IT IS
Lendingtree.com is a free online service which can be used to apply for and acquire a loan or line of credit. All...

Pros: Did help to resolve 'some' issues with an unscrupulous mortgage lender
Cons: Do not acknowledge or answer complaints very quickly

Look elsewhere ...
by cr_gorge

I tried LendingTree for a mortgage refinance.
I got three bids, all from the same lender,
Freedom Mortgage Corporation.

They seemed to have a reasonable deal, competetive rates and...

Pros: None yet (still in process)
Cons: Extremely slow response time, only one lender.

Before I tried lending tree I went to my bank to inquire about a personal loan to consolidate credit ...

Pros: Helps you narrow your choices to three lenders and $250 credit card rebate
Cons: There are broker fees and I am not sure how I was matched to Lender.

I got linked to this site from a Yahoo! Banner ad. As mentioned before, the premise behind this website is that your business is given to three lenders who offer you their best rate and compete for your business against each other and therefore getting...