LendingTree Home Equity Loan Review
23 Customer Comments & Reviews - see all comments
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Established in 1996, LendingTree is an online lending aggregator that connects potential customers with various lenders who compete for their business.
The North Carolina-based company offers a range of financial products to select from, including home equity loans and home equity lines of credit (HELOCs). LendingTree has a grade of A- with the BBB.
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Agree with all of the reviews who say that this site says they can compare HELOC loan rates, but then just gives your information out to all of the lenders who immediately call you on the phone (within seconds of each other). Creepy!!!!!! I feel completely violated.
18 People found this helpful.
I went through the entire process with Royal United, and I gave them money, everything seemed fine, then without ANY explanation, the loan was refused. The online site I was given was made "unavailable" and when I tried to call, I couldn't get in touch with anyone. 2 Months later, another person from Royal called and said they were trying to "follow up" and I gave him an earful. This "new" person claimed I was turned down for the loan because I had negative feedback from the existing company I had a loan with. Immediately after hanging up with this person from Royal United, I called the company they claimed I had poor feedback from and they stated that no one from Royal Untied called... Read More
15 People found this helpful.
I used the Lending Tree site described as offering HELOC rates and services. Entered all the required information and EVERY lending lead only offered Home Equity Loans NOT HELOCS. Was barraged by phone and email contacts by firms that did not offer the loan product as advertised AND had to deal with the hard sell tactics of loan advisors questioning my preference for a HELOC.
Waste of time. Don’t quite understand the high ratings for Lending Tree’s service. Lesson learned, avoiding all leads connected to this entity.
TomD
Albuquerque, NM
12 People found this helpful.
I have tried twice to get rates from LT. Both times their sign in process/system failed, even though they were able to take all my financial information.
8 People found this helpful.
I just went on to lending tree and entered all the required information name DOB, address, last 4 of my social, email phone number and all, only to be directed to call each one of the lending institutions to get my rate quote. What kind of service is that? I thought you were supposed to see your rates after all that. This is great now everyone on this site and all the lending institutions they deal with have my info and I don't have a single offer.
8 People found this helpful.
gave info get no rates 6 calls all at once could not talk to anyone all lenders beeping in had to try answer phone sucked no help
7 People found this helpful.
They will pull your credit score before they provide you with the information you are seeking, this is not the place to talk to. It will ruin your credit in a hearth beat without giving anything. These people are sick
6 People found this helpful.
I was looking for a Heloc loan, which they did not help me. Instead, I received or should I say, I was bombarded with phone call after phone calls from other companies, emails, text messages from money solicitors. All I wanted was information. Sleazy business to sell your information to the highest bidder. Shame on you!
6 People found this helpful.
No rates OR information was available on-line . I want information before I waste time answering the same questions over and over on the phone. Rating of 3 is due to the process just beginning, and I don't know if I'll shop the banks or stick with online sources.
5 People found this helpful.
I went through the entire process with Royal United, and I gave them money, everything seemed fine, then without ANY explanation, the loan was refused. 2 Months later, another person from Royal called and said they were trying to "follow up" and I gave him an earful. They claimed I was turned down for the loan because I had negative feedback from the existing company, whom I called and they stated that no one from Royal Untied called anyone in their office...but they (Royal) kept the 495.00 I paid for this debacle.
5 People found this helpful.
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