Do lending services like LendingTree report to credit bureaus?

Yes, lending services like LendingTree do report to credit bureaus. When a consumer applies for a loan through platforms such as LendingTree, the service will typically conduct what is known as a "soft pull" on the individual's credit to match them with potential lenders without affecting their credit score. However, once the consumer proceeds to apply for a loan with a chosen lender, that lender will usually perform a "hard pull" or hard inquiry which does get reported to the credit bureaus and can potentially affect the borrower’s credit score. It's noteworthy that LendingTree itself is not a lender but rather a marketplace that connects borrowers with multiple lenders. Consequently, it's the actual lenders who approve the loans that will report payment history and account information to the credit bureaus — Experian, Equifax, and TransUnion — which is integral for maintaining accurate credit records.