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by jonnykman , Feb 20 '06
Pros: Nothing Cons: Bait and switch, fraudulent activity, they do not honor their agreements etc.
Lending Tree is a VERY, VERY BAD company! They are plain and simple con artists and this is what they specialize in. First of all, I was contacted by one of their partners (Home Loan Center, a lending tree company) once I filled out a brief survey. The ...
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by dguruswamy , Jan 13 '04
Pros: Easy to use. Fast. Rewards for Use Cons: Internet site refers you to local lenders who are not competitive with internet lenders.
Background Lendingtree.com advertises a lot on television, so I'm sure most readers have heard about them. As a Entertainment book owner, I could even get $100 cash back if I went through a Lending Tree referred lender. So I filled out their ...
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by KLP , Nov 13 '00
Pros: Helpful Service Cons: Time consuming
Recently I was looking to consolidate my bills through a home equity loan. I did the independent search for a bank to work with. But I kept running into high rates and rude people. I saw a commercial for lendingtree.com, it claimed that through it's...
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by tduga1 , Apr 01 '09
Pros: None. Lending Tree will attempt to take you to the cleaners Cons: Everything about lending tree is a con. Stay Away!!!
Lending tree almost suckered me in to their scheme. I was all ready to refinance with them. I was going to get a good rate and the closing costs seemed reasonable. Then they tell you that to lock your rate you will have to put down a ...
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by pesacadman , Feb 14 '07
Pros: Mortgage was eventually refinanced at a good rate. Cons: Terrible customer service, extremely slow.
I have used LendingTree in the past and have had great success and a great turnaround time. That was back when you would actually get three or four different lenders trying to compete for your money. That was over three years ago. Today, LendingTree ...
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by b4warned , Sep 24 '05
Pros: None that I can think of Cons: The whole Lending Tree deal is a con.....
If I can save anyone else the agony of losing $600 through this review, it will be worth it to me. And after reading other reviews here, it is clear to me that I was not alone in my experience. What exactly are the "best rates"? Who knows. Nobody ...
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by globetrots , Mar 17 '01
Pros: Good TV ads Cons: Doesn't deliver
On the same day I applied with Lending Tree, I printed out a list of local rates from Bankrate.com. While the Lending Tree application was pretty standard, it did take a while to fill out--I was very glad I was on a broadband connection to zip through...
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by mk466 , Apr 09 '02
Pros: None Cons: Rates up to 1.3% higher than best
Got only 3 offers
Confusing loan application finalization
Great concept: "...banks compete, you win..." or so I thought until I have gone through the Auto loan application with Lending Tree. I should have looked at epinions first. I personally did not win at LendingTree, just lost time.
Issues...
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by k_westervelt , Dec 31 '99
Pros: efficient web site Cons: recommends questionable loan companies
LendingTree.com purports to get you the mortgage rate because "lenders compete for your business." While true, we did get 4 companies soliciting our mortgage, the "teaser" rates we're not the best in the market. Further, the...
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by sidmacleod , Jan 04 '07
Pros: Are there? Cons: impersonal, not forthright, uncaring
I do not eat at fast food restaurants because of the lack of concern on the preparers part when it comes to the final product. As long as the food is wrapped and in the bag, and your money is in their register, they really could care less about your ...
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by jclear , Oct 03 '00
Pros: quick response with offers, lots of email updates Cons: hounded via email/phone/snail mail by the banks 'competing' over you
LendingTree's web site is clunky, but usable. The response times of
the banks that contract with LendingTree were good, although the terms
of the mortgages weren't. One of the banks had the offer we were looking
for, but backed off to a...
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by Nooch , Mar 23 '00
Pros: None that I can think of Cons: Lots of filling in blanks
The Lending tree sends your inquiry to 4 Lenders to bid on the loans, however what you don't know is that they send it to the 4 lenders that they like the best, which may not give you the best rate for the loan type that you are looking for. Take it from...
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by CaOne , Jan 05 '03
Pros: Absolutely none Cons: Useless customer service, lead generation only, rates change at the lenders whim, hidden fees
Avoid this if you can. The forms you have to fill are really lengthly, and the quotes lenders get back to with will most likely change radically. They are completely non binding, and all the lenders that responded to mine changed their rates/points as...
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by cmorgen , Oct 01 '00
Pros: some good general loan info on the site Cons: problems with site, telemarketers
Being a first time home buyer bought into Lending Tree's ads and thought this would be a great way to go!
The application process was painful, they shouldn't need that much information to give you a Loan quote. I am very worried now thinking...
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by box110a , Jun 22 '09
Pros: Friendly. Cons: Just go directly to the banks. They don't offer anything worthwhile.
I went with them because they told me one thing (and I believed them)...then I compared it to an (honest) Bank and they always seemed to be a better deal... Well I got a big headach and got screwed. The biggest issue was that I showed up to ...
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