Best Reviews TopConsumerReviews.com Best Auto Loans Best Reviews
Best Reviews
      October 16, 2019

Home  >  Auto Loans  >  LendingTree vs OneMain Financial

Best

Auto Loans

  1. LendingTree
  2. LendingClub
  3. My Auto Loan
  4. Cars Direct
  5. Road Loans
  6. Automotive
  7. Auto Credit Express
  8. OneMain Financial
  9. USAA
  10. Instant Car Loan
  11. Web 2 Carz

Compare Products

  • Select any 2 companies in our reviews to compare them head-to-head!
  • Compare

Your Information Is Secure
Worry Free Car Care Manual Newsletter

Latest Reviews

Ballroom Dancing Lessons

Copyright Registration

Drum Lessons

Gift Baskets

Health Insurance

Keto Diets

Online Fitness

Self Publishing Companies

Teeth Whiteners

Wedding Planning Software

Wills

Women's Fertility

 

Individual Reviews

CARCHEX

LendingTree

LendingClub

My Auto Loan

Cars Direct

Road Loans

Automotive

Auto Credit Express

OneMain Financial

USAA

Instant Car Loan

Web 2 Carz

 

Related Articles

Are Auto Loans Through A Car Dealer A Good Idea?

Auto Loans Versus Auto Leases

How Much Car Can You Afford?

How Your Auto Loan Can Be Affected By Your Credit Rating

What To Look For When Shopping For An Auto Loan

 

Our professional reviewers evaluate products and services independently, but Top Consumer Reviews may earn money when you click on the links on our pages. Learn more.

Better Business Bureau Reliability Seal

LendingTree vs OneMain Financial

Best Auto Loans

To help you find the Best Auto Loans, TopConsumerReviews.com provides you with an in-depth comparison of LendingTree and OneMain Financial.

To see ALL of our reviews for the Best Auto Loans, please Click Here

Finding an auto loan is no longer limited to what your current bank will offer or what the dealer brings to the table. You can take control of your next auto loan terms by shopping online for the best deal available. Several auto loan companies post the most competitive auto loan rates online to attract your business.

In today's economy, may people have less than perfect credit. Many companies offer car loans to those who have suffered bankruptcy, late payments or a low credit score. By researching and finding the best auto loan, you'll potentially save hundreds to thousands of dollars each year in payments and interest over other auto loans.

Continue reading below reviews

Best Reviews

2019

Auto Loans Reviews

4.5 stars
LendingTree

LENDINGTREE Visit Site

BBB Rating:

A+

LendingTree, founded in 1996, allows consumers to have a one-stop shop experience to compare the finance options available from the largest network of banks, lenders and credit partners in the industry. With a top Better Business Bureau rating of an A+, LendingTree is one of the nation's largest online marketplaces, with the largest network of lenders in the auto loan industry.

Applying for an auto loan with LendingTree is a simple and easy process. You simply complete an online form. Qualified applicants will receive up to five (5) offers in a matter of minutes, along with their credit score. You can then review all loan options, and select the offer that works best for your circumstances. Then you communicate directly with that lender.

The LendingTree website is a great resource to assist consumers with their financing needs. Links are provided that help in understanding the do's and don'ts of auto loan financing, providing tips to compare auto quotes, helping to decide to purchase new or used vehicles and more. There is even an auto loan "basics" section that is a great resource for first time buyers.

Fixed rate New and Used Auto Loan terms range from 12 to 84 months, and allow finance options between $7,500 and $300,000. Applicants can get matched with a lender, receive conditional loan offers or quotes, and talk to a lender - all at no cost to you. The lender you choose may require a fee to process your formal request, however there will not be a cost to shop rates through LendingTree.

Overall, LendingTree is a top quality lender that offers a variety of informational tools to help borrowers manage their finances, with the convenience of receiving loan quotes from several lenders in the industry in a matter of minutes. All these factors have earned LendingTree a very high rating.

Visit Site

3 stars
OneMain Financial

ONEMAIN FINANCIAL Visit Site

BBB Rating:

A+

OneMain Financial is a big name in the consumer loan market, which includes auto loans. They've been in business since 1920 and have earned an A+ rating from the Better Business Bureau.

OneMain earns high marks for their reliable history and their current BBB rating. However, they miss the mark with website friendliness and functionality. Their current loan interest rates and fees are difficult to find within their website, making it hard to determine whether OneMain Financial is worth your consideration. Customers have to talk with a customer service representatives at OneMain to identify the basic information that most companies are willing to provide right on their website.

We found that borrower feedback of loan experiences at OneMain frequently included high interest rates, confusing fees, and mandatory loan insurance. Some customers reported a 25%-38% loan rate, even before additional fees were added in.

OneMain appears strong and solvent, so we feel it is a legitimate lending source. On the plus side, OneMain will lend money to people searching for an auto loan with low credit ratings and/or no collateral. However, the cost seems to be high interest rates and questionable customer service. Our concerns centered around the cost associated with borrowing money for a car loan from OneMain.

Visit Site

Continued from above

However, not all auto loan companies are the same. There can be wide differences in the features and auto loan terms that they offer.

Before you apply for your next auto loan, consider the following important factors:

  • Application Process. What is the process of applying for the auto loan?
  • History. Does the auto loan company have a history of pleasing the customer and using quality business practices? How do they rank at the Better Business Bureau?
  • Focus. What type of auto loans do they offer? Are their auto loans geared for all levels of credit?

TopConsumerReviews.com has reviewed and ranked the best Auto Loans available today. We hope these reviews help you find the most affordable loan available for you!

Car finance crackdown will save buyers £165m, says watchdog

Britain's financial watchdog is cracking down on the way car dealers and car finance brokers make commission on sales, a move that it says will save drivers £165m. The Financial Conduct Authority said ...

Published:  Tue, 15 Oct 2019 04:39:40 GMT



LendingTree and RouteOne announce Digital Auto Finance Integration

LendingTree and RouteOne announce Digital Auto Finance Integration Instant finance offers give consumers peace of mind, provide transparency, and create sales opportunities for car dealerships PR ...

Published:  Tue, 15 Oct 2019 06:05:00 GMT



Watch out for these hidden financing traps when buying a car

Don't get trapped into financing you can't afford. This article is reprinted by permission from NerdWallet. While many shoppers think battling with the car salesperson is the best way to get a low ...

Published:  Mon, 14 Oct 2019 02:02:00 GMT



Analysis: Santander Share Buybacks Come Alongside Rising Auto Loan Delinquencies

In the Federal Reserve's second-quarter report on household debt and credit, a rise in auto loan delinquencies was identified, resparking an old conversation regarding subprime auto financing by ...

Published:  Mon, 14 Oct 2019 13:28:00 GMT



UK Watchdog Proposes Car Finance Commission Crackdown

LONDON - Britain's markets watchdog has proposed banning auto dealers and brokers from receiving commission linked to interest rates on loans used to finance car purchases, a step it said would save ...

Published:  Tue, 15 Oct 2019 02:22:00 GMT



Here's How You Can Avoid Paying Too Much for Your Auto Loan

Not so fast. Take a quick tour of car dealerships from the comfort of your keyboard. Check out their "special" interest rates. Notice a trend? The rates vary to such a degree that it appears they've ...

Published:  Tue, 15 Oct 2019 12:58:00 GMT



LendingTree hops onto RouteOne auto finance platform

LendingTree (TREE +1.6%) joins the RouteOne platform that connects thousands of car dealers and finance sources in North America. LendingTree's credit application functionality will integrate with ...

Published:  Tue, 15 Oct 2019 10:19:00 GMT



Share Us!    Share TopConsumerReviews.com on Twitter Share TopConsumerReviews.com on LinkedIn Share TopConsumerReviews.com on Google+ Share TopConsumerReviews.com on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure