|Loan Type||Secured and unsecured personal loans|
|Loan Amount||$1,000 to $35,000|
|Repayment Terms||2-72 months|
|Origination fee||Depends on lender|
|Time to funding||Depends on lender|
|Soft credit check?||Soft pull|
|Best for||Below average credit score borrowers|
Founded in 1997 and based in North Carolina, LendingTree is an online loan aggregator that connects borrowers with lenders in their vast affiliate network. The company offers a comprehensive range of financial products, including mortgages, as well as personal, student, auto, and small business loans. As a duly licensed mortgage broker, the company is equipped to handle most borrowing needs and various types of credit profiles.
Although the specifics of qualifying for a loan through a LendingTree affiliate will differ from lender to lender, it is safe to say you will generally need a FICO score of 629 or above, have a verifiable bank account, and be a US citizen. Additionally, for personal loans the debt to income sweet spot is around 36%. LendingTree is an excellent resource for those who are unsure of their qualifications. As the company can use your personal information to filter only those offers you are most likely to qualify for, it provides maximum flexibility for potential borrowers of all types of financial backgrounds.