Is Lending Tower legit?
Lending Tower appears to be a legitimate loan consultant. It’s not a direct lender, nor does it make personal loan or credit decisions, but it’s up front about what it does. It even has an advertising disclosure on its website saying it receives compensation related to the offers you get.
It’s accredited by the Better Business Bureau (BBB) and has an A+ rating. According to the BBB, it was founded in 2015.
What makes Lending Tower shine?
Lending Tower gives borrowers the opportunity to compare multiple personal loans from a slew of highly rated lenders, all with a single loan application. There’s only a soft credit check to prequalify, so there’s no impact on your credit score to review your offers.
It also offers loans up to $100,000 and rates starting as low as 5.99%. But keep in mind the most competitive rates and terms are typically reserved for applicants with good-to-excellent credit scores.
Where Lending Tower falls short
When you’re comparing loan options, it’s helpful when lenders or loan marketplaces let you know up front a range of rates, loan terms and borrowing amounts. But Lending Tower fails to do that. Instead, you’ll need to call, apply or do some digging to figure out even the most basic loan details.
Furthermore, some of its lenders may charge origination fees up to 10% or more, which significantly adds to the cost of the loan. For perspective, consider that a $50,000 loan might come with a $5,000 fee. However, some lenders don’t charge origination fees, and LightStream stands out for not charging any fees at all — not even late fees.
It’s also vague about its other financial products. For example, if you’re strictly looking for a loan but don’t qualify with any of its lending partners, you’ll likely be solicited for a debt relief program instead.
Lending Tower loan details
| Minimum credit score/credit range | No minimum stated |
| APR | 5.99% to 35.99% |
| Loan amount | Up to $100,000 |
| Terms | Typically up to 7 years |
| Approval turnaround | 24 to 48 hours |
| Availability | May not be available in all states |
| Fees | Varies by lender, but may include:
|
| Other fees | Unknown |
Lending Tower contact info
| Phone number | 800-481-1821 |
| Customer service hours | 24/7 |
| support@lendingtower.com | |
| X ,formerly Twitter | @LendingTowerLLC |
| Lending Tower |
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How to qualify for Lending Tower
Lending Tower says the only requirements to apply are to be a US resident, 18 or older, with a valid Social Security number. But keep in mind that most online lenders require proof of income and a valid bank account. They’ll typically also have minimum credit score requirements, such as 670 or higher.
How to apply
Follow these steps to apply with Lending Tower:
- Begin the application online or call to get started.
- Work with a customer service representative to verify your information and review your offers.
- Formally apply with a direct lender if you opt to proceed.
- Receive your decision. If approved, funding could arrive within 24 to 48 hours.
How Lending Tower compares to other lenders
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What is the Finder Score?
The Finder Score crunches 6+ types of personal loans across 50+ lenders. It takes into account the product’s interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate – this gives you a simple score out of 10.
Read the full Finder Score breakdown
Lending Tower reviews and complaints
| BBB accredited |
Yes |
|---|---|
| BBB rating |
A+ |
| BBB customer reviews |
4.63 out of 5 stars, based on 127 customer reviews |
| Trustpilot Score |
4.5 out of 5 stars, based on 287 customer reviews. |
| Customer reviews verified as of |
23 September 2025 |
Customer reviews on Trustpilot and the BBB give mostly high ratings to Lending Tower. People tend to praise the easy loan process, quick funding and helpful customer service.
But others complain of being offered lower loan amounts and higher rates than advertised in the mailer they received. Others accuse the company of using bait-and-switch tactics, saying they got denied for a loan but were offered debt settlement services. Lending Tower’s response to these complaints is that applicants who don’t qualify for a loan may be offered alternative solutions.
What do people on Reddit say?
Lending Tower is mostly only mentioned in passing, but one Redditor posted a query after receiving a loan offer in the mail, asking if it was legit. One person said the rate was way too good to be true. Another poster suggested it likely wasn’t an actual loan offer, just an offer to apply for a loan.
