2006-06-18 13:58:38 · 7 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Lending Tree is a terrible way to go about getting financed because you get dinged on your credit report like a woodpecker on a tree.
Each company pulls your credit, and credit checking makes your score go lower and lower and lower.
Trust me! Five years ago I made the mistake of going through Lending Tree for a personal loan for my wedding. Whew did my score go down. Found that out from the mortgage lender. He said “too many inquiries” There they all were. Maybe they changed it, but every time you go there and apply, you get hit with inquiries on your report and then your score flushes down the pot.
Talking to local banks and then going back to the banks with the better offers gets them to come down lower, and then you just have two or three hits to your credit, rather than 10 – 12.
Good Luck!
2006-06-19 03:38:47 · answer #1 · answered by Violet 2 · 1⤊ 0⤋
It is a company that will let you borrow trees. They will plant them in your yard for a small fee. Almost like a rent to own but this is more like lending NOT renting.
The part that amazes me is that other people actually answer this question like it is legitimate. You can type lending tree here but you can't type it under "search the web".
2006-06-18 14:25:24 · answer #2 · answered by anonymous 2 · 0⤊ 1⤋
It is a company that will let you borrow trees. They will plant them in your yard for a small fee. Almost like a rent to own but this is more like lending NOT renting.
The part that amazes me is that other people actually answer this question like it is legitimate. You can type lending tree here but you can't type it under "search the web".
Here is their site:
http://www.lendingtree.com/
2006-06-18 15:26:40 · answer #3 · answered by Anonymous · 0⤊ 1⤋
They hook you up with a lending company for a fee. Suppose to have great rates etc.
2006-06-18 14:02:50 · answer #4 · answered by Tim P 2 · 0⤊ 0⤋
A Loan Firm
2006-06-18 14:17:30 · answer #5 · answered by Emily O 2 · 0⤊ 0⤋
It's a company that takes your home loan application and then presents it to a bunch of banks who compete for your business. It's meant to take the hassle out of applying at a bunch of different banks. You just do one application.
2006-06-18 14:03:38 · answer #6 · answered by Rick C 3 · 0⤊ 0⤋
its a home morgage company. lends you $ to buy a house.
2006-06-18 14:01:37 · answer #7 · answered by cats3inhouse 5 · 0⤊ 0⤋
home mortgage company
2006-06-18 14:55:40 · answer #8 · answered by Tami L 1 · 0⤊ 0⤋