Upgrade, Renaud Laplanche’s newest online lending startup , has been recognized the number one personal loan platform by Lending Tree – according to Q4 customer reviews.
LendingTree’s rankings are based on a weighted average of overall rating and the total volume of customer reviews and feedback. Lenders were rated on offered rates, fees, closing costs, and overall customer experience. The list features the top lenders each quarter in multiple loan product categories, including mortgages, personal loans, business loans and auto loans.
Laplanche, co-founder and CEO of Upgrade, said they were honored to be awarded the top ranking. Upgrade has invested a lot of time and resources into making Upgrade loans the best personal loan product for consumers and they are thrilled to be rewarded by this recognition from Lending Tree
“We’re honored to be recognized as the number one personal loan option based on reviews by LendingTree customers,” Laplanche, said. “We’ve worked hard to craft a rewarding experience that goes beyond the immediate benefit of a loan and includes credit education and monitoring features that truly help our customers get to a better place over the long run.”
Jamie Saxe, SVP, GM of Non-Mortgage Lending at LendingTree, said that Upgrade has quickly emerged as an innovative player in the industry and has proven that they are dedicated to delivering an exceptional customer experience.
“We’re thrilled to name Upgrade the #1 winner in the personal loans category on LendingTree’s Top Rated Lender List in Q4 2017.”
Upgrade offers access to personal loans up to $50,000 with low fixed rates, affordable fixed monthly payments, and no prepayment penalties. Consumers can apply online and get a decision in seconds.
Upgrade launched in April 2017 and has over 200 team members spread across its San Francisco, California headquarters, Phoenix, Arizona operations center and Montreal, Quebec, Canada development center. All loans originated through the Upgrade platform are issued by WebBank, Member FDIC.