Lending Tree Loan Scam Coupon
PERSONAL LOAN SCAMS: 5 WARNING SIGNS | LENDINGTREE
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Author Jacqueline Demarco
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Category: Credit
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Occupation ContributorPublished Mar 28, 2023
- Loan offer comparison issues. In its own mission statement, LendingTree promises to provide consumers with an inclusive loan comparison process, allowing them to make informed decisions.
- High rates. LendingTree advertises low starting rates for all loan products: Mortgage — rates change daily, but LendingTree updates rates on their website so you can get the best quote.
- Lack of transparency in extra fees and costs. As a marketplace lender, LendingTree doesn’t control extra fees and costs. Instead, lenders in LendingTree’s network determine their own fees, which aren’t generally made clear upfront.
- Lending scams. Many online reviews of LendingTree come with warnings about giving the company your name and number, which is difficult to avoid if you want to pre-qualify or apply for a loan.
- Credit score risks. While endless calls and emails can be annoying and a nuisance, imagine what happens when a dozen lenders pull your credit score at the same time.
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Category: Online
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LENDING TREE (UPFRONT FEE SCAM NOT AFFILIATED WITH LENDING TREE, …)
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4 WAYS TO AVOID A PERSONAL LOAN SCAM BEFORE IT'S TOO …
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