Best Reviews TopConsumerReviews.com Best Personal Loans Best Reviews
Best Reviews
      December 15, 2019

Home  >  Personal Loans  >  LendingTree vs LifeLoans

Best

Personal Loans

  1. LendingClub
  2. SoFi
  3. Avant
  4. 100 Lenders
  5. Prosper
  6. NetCredit
  7. Upstart
  8. Personal Loans
  9. OneMain Financial
  10. LifeLoans
  11. Better Loans Mutual

Compare Products

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

Your Information Is Secure
Personal Loan Tips Newsletter

Latest Reviews

Copyright Registration

Dog Treat Clubs

Gift Boxes

Home Security Systems

Maternity Clothes

Painting Lessons

Tinnitus

Wedding Planning Software

 

Individual Reviews

LendingTree

LendingClub

SoFi

Avant

100 Lenders

Prosper

NetCredit

Upstart

Personal Loans

OneMain Financial

LifeLoans

Better Loans Mutual

 

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 LifeLoans

Best Personal Loans

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

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

Are you in need of some cash? Historically, borrowers have had limited options for a personal loan. You could ask a family member, a friend, or find a personal finance company that offered fixed-rate loans, typically at exobrtantly high interest rates.

Today, however, finding a personal loan brings several more options to the table. While you can still ask a family member, or get a high-rate loan from a finance company, you can also consider using a social lending network. These networks, also called peer-to-peer loans, generally have much lower overhead and as a result can offer much lower interest rates. They're facilitated by professional companies familiar with this type of lending, to simplify things for all parties.

Continue reading below reviews

Best Reviews

2019

Personal Loan Reviews

5 stars
LendingTree

LENDINGTREE

Visit Site

Loan:

From $1,000 to $50,000

TopConsumerReviews.com Best-In-Class Blue Ribbon Award LendingTree is an industry leader and one of the most recognized names in the personal loan market. They connect you with a wide range of potential lenders that can meet your financial needs on loans ranging from $1,000 to $50,000.

As a loan connection service rather than a direct money lender, the loan amounts and terms received through LendingTree vary with each individual lender. One big advantage of using LendingTree is the ability to review multiple lender's loan offers without having to disclose your personal information to those lenders. You only need to do that once you choose to apply with the lender that best fits your requirements.

As a side benefit, you can also use offers obtained from LendingTree to negotiate directly with the lenders themselves, to try and get an even better rate. LendingTree provides you with lender's direct contact information for that very purpose.

Applying for a loan with LendingTree is a very simple process, and takes only about a minute:

  • Select your loan purpose (such as Debt Consolidation, Vacation, or Medical Expenses)
  • Select how much money you'd like to borrow
  • Enter your Zip Code and Street Address
  • Select your type of residence (Home or Apartment)
  • Estimate your Credit Score
  • Enter your Birthdate
  • Enter your Employment Status and Annual Pre-Tax Income
  • Select whether you'll have a co-borrower or just yourself
  • Enter your Name, Phone Number, and Email Address

And that's it! LendingTree will then work with all their lending partners to find the loan offers that fit your specific criteria. Note that even if you have a low credit score, you may still receive offers, as LendingTree has several providers who work with borrowers with less-than-perfect credit.

Another good thing to remember is that entering your information with LendingTree to begin the loan process will not impact your credit report or your credit score. So you can use LendingTree's service risk-free.

With thousands of satisfied customers, a solid A+ rating from the Better Business Bureau (where they've been accredited for over 20 years), and their ability to connect borrowers with a wide range of potential lenders, LendingTree sets the standard when it comes to personal loans. They receive our highest rating.

Visit Site
2 stars
LifeLoans

LIFELOANS

Visit Site

Loan:

From $100 to $35,000

Offering personal loans ranging from $100 to $35,000, LifeLoans says they can "get the cash you need fast". To get started, the site asks you to enter your desired loan amount, your monthly income, your credit score, and your zip code. From there, you are taken to a page that asks for much more specific personal information, including your address and zip code. From there, the site says they will pass along your details to up to 6 lending partners in their network, who will contact you directly. And, if you don't qualify for a traditional personal loan, the disclaimer also explains that you may be referred to lenders offering "payday loans", which typically have much higher interest rates than personal loans.

Of course, in this age of identity theft, it's important to confirm that your information will be safe before entrusting it to a website. Is LifeLoans a trustworthy source of personal loans?

LifeLoans is a member of the Online Lenders Alliance, which expects its members to uphold standards of integrity and honesty in the lending process. But, unlike most of the other personal loan services in our review, LifeLoans maintains no reputation with the Better Business Bureau.

In fact, we were unable to find a single review from a LifeLoans customer - positive or negative. We also couldn't find a phone number to call with questions, or an email address to contact them with. Residents of Connecticut, New Hampshire, Washington, and Vermont are not eligible to submit a request for a loan through this site.

Overall, we weren't impressed with what LifeLoans offers with respect to personal loans. If you're looking for transparency and an established track record of helping customers get the money they need, we suggest you consider one of the higher-ranked lenders in our review first.

Visit Site

Continued from above

No matter where you borrow money from, before you get your next personal loan you should consider the following:

  • BBB rating. Does the lending company have a solid history of doing good business with its customers?
  • Loan size and rate. How much will the lending company offer? What interest rate do they charge their customers?
  • Loan application process. When applying for your personal loan, can it be completed online? Is the lending process easy and straightforward?

TopConsumerReviews.com has reviewed and ranked the best online personal loan providers available today. We hope this information helps you find the best loan at an affordable rate that meets your needs!

Is Taking Out That Personal Loan a Big Mistake?

That transparency to you is core to our editorial integrity, which isn't influenced by compensation. Taking out a personal loan is often -- but not always -- a good idea. Watch out for these red flags ...

Published:  Thu, 12 Dec 2019 03:06:00 GMT



Goldman's Marcus aims to lure home buyers, sellers to its personal loan platform

Applicants who are approved can access its fixed-rate, no-fee personal loans of up to $40,000. To be sure, Goldman isn't getting into mortgage lending, or facilitating mortgages by personal loans.

Published:  Fri, 13 Dec 2019 09:58:00 GMT



What is a personal loan?

Personal loans can come in handy in all sorts of scenarios. Whether you are using it to buy a car or pay for some home improvements, a loan can be a well-needed injection of money. But what exactly is ...

Published:  Wed, 11 Dec 2019 01:10:55 GMT



Is a Home Equity Loan Better Than a Personal Loan?

But if you don't have an emergency fund, you may have no choice but to borrow that money instead. That could mean you find yourself in a position where you have to decide between a home equity loan ...

Published:  Thu, 05 Dec 2019 05:05:00 GMT



Personal Loan: 4 Things to Know When Taking a Personal Loan

It is likely that you get atleast one message every week from a lender offering a personal loan at an attractive rate. The text must also consist of lucrative terms like 'instant approval' or 'no-cost ...

Published:  Thu, 05 Dec 2019 06:10:00 GMT



How to Get a Personal Loan Without Hurting Your Credit Score

There are a number of reasons you might need a personal loan. You may be trying to pay off your credit card debt faster by lowering the interest rate or completing some much-needed home improvements ...

Published:  Wed, 11 Dec 2019 03:30:00 GMT



Federal Reserve and others agencies have a plan to make it easier to approve personal loans

Five federal agencies are weighing in on the use of "alternative data,' like cash flow, in credit underwriting. It could become easier for some personal-loan applicants to secure a loan after federal ...

Published:  Thu, 05 Dec 2019 07:17:00 GMT



Bajaj Finserv Launches #LoanFlexibleHai Campaign to Drive Awareness for its Flexi Personal Loan

Providing an instant connect with the customers through an engaging and interactive game, the #LoanFlexibleHai campaign aims to create awareness for the Bajaj Finserv Flexi Personal Loan. Customers ...

Published:  Tue, 03 Dec 2019 10:45:00 GMT



Share Us!   

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure