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Lending Tree?

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Anonymous
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Lending Tree?

Anyone tried Lending Tree to rate shop for auto loans? I want to be efficient but also get the best rate.
Message 1 of 6
5 REPLIES 5
StartingOver10
Moderator Emerita

Re: Lending Tree?


@jilltmay wrote:
Anyone tried Lending Tree to rate shop for auto loans? I want to be efficient but also get the best rate.

I wouldn't do it. Lending Tree shotguns your app info out to all kinds of lenders and you end up with a ton of inqs.  I'm sure others will be by to give their experience.

 

You are better off getting your scores here (consumer pull - no hard pull) and shopping the lenders yourself based on good references from friends, family and the board here.

Message 2 of 6
Anonymous
Not applicable

Re: Lending Tree?

Beautiful. Thank you!
Message 3 of 6
Anonymous
Not applicable

Re: Lending Tree?

Run run run, as fast as you can...why not go to a local credit union?

Message 4 of 6
Anonymous
Not applicable

Re: Lending Tree?

I’ve already signed up with DCU, PenFed, and NFCU based on the info you all so graciously shared. I wanted to get rates from the larger banks too to make sure I get the best APR. but I’ll forego LendingTree! I’ll just shop them on my own.
Message 5 of 6
Anonymous
Not applicable

Re: Lending Tree?

Yes, lendingtree should be avoided.

Message 6 of 6
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