QUESTION
How long does it typically take for LendingTree to deposit money?
ANSWER
After a borrower has been approved for a loan through LendingTree, the time it takes for the money to be deposited can vary depending on the specific lender they're matched with. Typically, once a loan application is approved, lenders can deposit the funds as quickly as the same business day or within a few business days. Some lenders might take longer, potentially up to a week to process the deposit. It's important to note that LendingTree itself is not a lender; rather, it connects borrowers with multiple lenders, and thus the deposit time will depend on the individual lender's policies and the speed of their processing systems. It's crucial for borrowers to review the terms provided by the lender for specific details regarding funding times.
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