Best Reviews TopConsumerReviews.com Best Student Loans Best Reviews
Best Reviews
      February 28, 2020

Home  >  Student Loans  >  LendingTree Review

Best

Student Loans

  1. College Ave
  2. iHelp
  3. LendingTree
  4. Discover
  5. Sallie Mae
  6. Wells Fargo

Your Information Is Secure
Personal Loan Tips Newsletter

Compare Products

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

Latest Reviews

Birthday Party Supplies

Catholic Dating Sites

Cheesecake Clubs

Credit Monitoring

Patent Applications

Piano Lessons

Pet Sitters

Popcorn Clubs

Tea Clubs

Transcription Services

 

Individual Reviews

SunTrust

College Ave

iHelp

LendingTree

Discover Student Loans

Sallie Mae

Wells Fargo

 

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 Review

To help you find the Best Student Loans, TopConsumerReviews.com provides you with an in-depth LendingTree Review.

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

Apply for Your Student Loan at SunTrust Today As the costs of higher education rise, so does the need for student loans. While some individuals are eligible for federal loans, those loans don't always cover the full cost of getting an education - not just tuition and room/board, but books, laptops, transportation and other expenses. And, people who are ineligible for federal loans don't necessarily have overflowing savings accounts to match their college or university costs.

Private student loans are the way that many students close that gap. On average, students have nearly $40,000 in student loan debt at the time of graduation; without those funds, their aspirations of being a teacher, engineer, or social worker may have been put on hold indefinitely.

Continue reading below reviews

Best Reviews

2020

Student Loan Reviews

3.5 stars
LendingTree

LENDINGTREE

Visit Site

Features:

  • One-stop resource for comparison shopping on student loans
  • No cost to use their search tool
  • Many helpful articles for understanding student loans
  • Customer service: 800-813-4620

LendingTree is a great place to start if you want to get a feel for the range of possibilities for a student loan. Although they do not fund student loans directly, LendingTree can help you sort through all of your options before making a decision.

One of LendingTree's best resources is their Student Loan Center. There, you'll find numerous articles on the topic, from whether or not you should pay off loans early to what cosigners need to know before signing on the dotted line. Be sure to check out the Glossary Terms on the right-hand side of the page, to help you understand any concepts that might be unfamiliar to you as you begin the process. There's also a FAQ section that allows you to enter any remaining questions you have.

We found two primary ways to see what LendingTree has to offer. On their main student loans page, you can enter your school name and the amount you wish to borrow. That information returns a general overview of the programs you can choose from and an approximate total cost and number of payments. We entered a college in Michigan and a loan amount of $20,000 and got offers from four different lenders, with a mixture of fixed and variable rates, and APRs ranging from 2.37% to 5.74%.

On the other hand, if you're willing to provide more personally-identifiable information, such as your address and your phone number, LendingTree will use those details to give you a more customized list of lenders and offers; that path came up as both a landing page and on their Offers site.

We give LendingTree high marks for helping students understand the student loan market and for providing a marketplace where they can shop around for the best terms and rates.

Visit Site

Continued from above

Fortunately, there are many lenders who want to make it as affordable and simple as possible to complete undergraduate and graduate-level studies. Some represent well-known, established financial institutions, while others work directly with networks of community banks to get much-needed cash into the hands of eager learners.

Comparing offers from lenders can be as easy as going online; in a matter of minutes and mouse clicks, you can see a variety of interest rates, repayment terms, and other details of each program for which you are eligible. This saves you significant time compared with going hat in hand to your local bank or other lending institution, hoping that they will say yes to your loan application.

When deciding on which lender to use for your student loan, you should consider the following factors:

  • Interest rates. The higher your interest rates, the more you pay over the life of the loan. Does the lender have rates that are competitive? Does the lender offer you the choice between fixed and variable rates?
  • Loan terms. What is the repayment term? Does it give you enough time to get a good job and pay it back? Can you pay it off in advance with no penalty?
  • Discounts. Can you get your interest rates lowered by setting up automatic payments from your checking account? Will you get any perks for having a relationship with the lender in other ways, such as a checking account or credit card?
  • Reputation. Some lenders have a solid history of working with borrowers, while others have a not-so-great track record when it comes to customer service after the loan has been disbursed. How does this lender measure up?

TopConsumerReviews.com has reviewed and ranked the best Student Loan providers available today. We hope this information helps you to get the money you need for your studies right away!

Coronavirus Could Send Student Loan Rates Plunging To Record Lows

Worries about the economic impact of the coronavirus have sent many investors fleeing to bonds - which could push rates on federal student loans to record lows. Lower rates could save the average ...

Published:  Thu, 27 Feb 2020 11:32:00 GMT



How to change student loan servicers

The U.S. government hands out the majority of student loans, making the U.S. Department of Education easily the largest college loan lender in the nation. But lending money to students is as far as ...

Published:  Thu, 27 Feb 2020 11:50:00 GMT



I put off retirement savings until I paid off my student loans, and now I regret that decision for 4 reasons

I borrowed $81,000 in student loans and paid them off at age 31, and I didn't start saving for retirement until they were gone.

Published:  Thu, 27 Feb 2020 06:28:00 GMT



When, How Often to Change the Repayment Plan for Your Federal Student Loans

There are times in life, such as getting a new job, when it might be wise to reconsider your student loan repayment plan.

Published:  Wed, 26 Feb 2020 16:05:00 GMT



Retired, or Hoping to Be, and Saddled With Student Loans

Americans older than 60 are the fastest-growing group of college loan debtors - the vast majority of them borrowing for others - a consumer agency says. When Patrick Donohue retired in May after a ...

Published:  Wed, 26 Feb 2020 02:17:00 GMT



Student Loan Borrowers Sue Betsy DeVos - Again

Student loan borrowers have filed yet another lawsuit against Education Secretary Betsy DeVos over the Borrower Defense to Repayment program.

Published:  Wed, 26 Feb 2020 06:41:00 GMT



How to make a student loan complaint that gets results

Trying to make a complaint against your student loan lender or servicer may feel like screaming into the void. In 2019, federal student aid customers made 44,155 complaints using the Federal Student ...

Published:  Thu, 27 Feb 2020 07:15:00 GMT



Share Us!   

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure