LendingTree lets you compare loan offers to get the best deal, the same way you shop for flights

Business Insider | 12/3/2019 | Kelly Burch
idkwatitisidkwatitis (Posted by) Level 3
Click For Photo: https://image.businessinsider.com/5de6a26afd9db201e65e5584?width=1200&format=jpeg&imgtype=.jpg

LendingTree lets you compare loan offers to get the best deal, much the same way you can compare flights before committing.

Getting a better interest rate or lower fees can save you thousands of dollars over the life of a loan, so shopping around is important.

LendingTree - Offers - Savings - IRA - Accounts

With LendingTree, you can also compare offers on savings and IRA accounts, student and auto loans, CDs, and more.

I'm a savvy traveler, and I would never, ever book a flight without first comparing offers on sites that show deals from multiple airlines. When it comes to financial products, though, I rarely shop around.

Deal - Lenders - Fees - Rates - Choice

That's not because I don't want a great deal, but rather because I find it overwhelming to speak with multiple lenders and try to sort through fees and rates to make the best choice. Unfortunately, that means I sometimes leave money on the table, or pay too much for a loan.

Consider earlier this year, when I was applying for a mortgage. The lender called to tell me that rates had dropped. To me, the rate drop seemed like an insignificant amount, until the lender told me it would cut my mortgage payment by $50 each month and save me thousands of dollars over the life of my loan.

Moment - Products - LendingTree - Site - Products

In that moment, I understood why it's so important to shop around for financial products. With LendingTree, a comparison-shopping site for financial products, that process is a lot simpler.

LendingTree does a couple of things: First of all, it works with different lenders that compete to win your business. That means you get a great deal, since lenders want to knock out their competition.

Offers - Products - Credit - Cards - CDs

You can also compare different offers on products such as credit cards, CDs, insurance, debt relief, and even savings and IRA accounts.

To shop for a loan, you start by answering...
(Excerpt) Read more at: Business Insider
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!