Lending Tree versus Lending Club

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Lending Tree Vs. Lending CluB Which Company
Offers Better Loan?
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Prologue

• Lending Tree has multiple lenders on its
  platform, and the lending tree interest rate
  depends upon the credit score, and the Lending
  Club interest rate depends upon the grade.
• Well, both the names look similar, but they are
  different in nature especially in work, APR,
  service and considerably more.
• If you are the USA citizen and looking for the
  loan, but stuck whom to choose between the two,
  then dont get worried, as here you will get the
  comprehensive overview of Lending Tree and
  Lending Club. The differences between them will
  help you to choose the one which fulfills your
  requirement.
• Lending Tree and Lending Club personal loan
  comparison are quite essential to opt for the
  best one. Well, both are best in their work.

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Comparison of Lending Tree and Lending Club
Personal Loan
S.No. Lending Tree Lending Club
1 APR Aggregates personal loans from different companies and hence cant claim about any specific rate. APR ranges from 6.95 to 35.89.
2 Savior for Low Income Borrower The lenders on Lending Tree platform offer loans when the credit scale lies in between 640-750 below this par, the company regarded it as a Bad Credit. The credit scale is less and the borrower with a credit score less than 600 is also applicable for Lending Club Personal Loan. The company offers the unique feature termed as Joint Application which means that the person with a low score can apply for a loan, but the application form must be signed by an individual who has a good credit score. This feature covers the large section of the needy borrower.
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Comparison of Lending Tree and Lending Club
Personal Loan
S.No. Lending Tree Lending Club
3 Loan Process Presents only one form in front of the borrower which comprises of necessary details such as name, address, etc.   The filling of one form gives a chance for Lending Tree Pre-approval personal loan. The process usually takes less time, and after the approval, the borrower will get 5 best offers from the lenders, and after picking the one, the task will be done and soon the loan will be offered by the lender. The application process is also online and straight forward, but it offers the grading system as per the loan requirement. The borrower will get the number of lenders, and they can choose the one as per their requirement. Hence, the Lending Club Pre-approval personal loan is also simple and easy and gave full authority to the borrower to get the loan effectively.
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Comparison of Lending Tree and Lending Club
Personal Loan
S.No. Lending Tree Lending Club
4 Fees Depends upon the area where the lenders reside, so it is quite hard to figure out the fee. The Lending Club Fee ranges from 1-6, and this fee will be deducted from the loan. The Lending Club offers much comfort to the borrower and hence provided the grace period of 15 days to pay the bill. If in case, the period lapse then the borrower will have to pay an additional 15 or 5 of the unpaid bill.
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Which One is Better for Personal Loan?

• The Both (Lending Tree and Lending Club) are the
  best at their work.
• The rate of interest is nominal.
• The application process is online which reduces
  the time and effort and hence offer the loan in
  the short span of time.
• Choose the one as per your requirement.

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