The creation of LendingTree was a win-win solution for borrowers and lenders. “When we launched the site in 1998, we were able to empower consumers with choice, convenience and value,” Doug says. “And lenders could target consumers whose needs they were best prepared to meet.”
Lenders pay us to be on our network to compete for your business. We pass your information on to them, and you choose the best offer. For some products—like credit cards and deposit accounts—we’re paid when a customer makes a purchase or signs up for a service. This model allows us to make LendingTree free to use, always. No markups from us, and no charges for you. Of course, if you decide to take out a loan you will be responsible for any processing fees, closing costs, or other fees as normally required by your chosen lender.