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> To power this tool, Google partnered with Zillow and LendingTree. I hope Google isn't just pulling in LendingTree data and using their backend. I just moved

by vlucas 11y ago

> To power this tool, Google partnered with Zillow and LendingTree. I hope Google isn't just pulling in LendingTree data and using their backend. I just moved 4 months ago, and thought I'd give LendingTree a try. I singed up, and the only real "offer" I received was from Quicken Loans, which I suspect was actually just a blanket offer/advertisement in the system. I also got a lot of bad credit-fixing "advice" that actually wouldn't help me at all - Get another (better) credit card! Take out a personal loan! Reconsolidate student loans! (when all mine were already consolidated at a low rate with EdFinancial). Overall, a bad experience that were clearly just ads/referrals that made me never want to use LendingTree again. Who knows what they have done with my personal and financial data. In the end, I went with a local bank, and secured a mortgage with no hassles at a much lower rate than the only LendingTree "offer" (ad) for Quicken Loans gave me. If you're shopping for a mortgage, just call a few local banks and credit unions. You will most likely get a much better deal there.

iheartmemcache 11y ago
Mmm, the HN affluent community with 820 credit scores and dual-six figure incomes probably won't see much value from this as it stands. But, I see it as jumping point - one more layer of transparency that Google can potentially offer us. Previously, shopping around for car insurance was a pain. Now, I don't have to deal with some guy who's making commission (which isn't bad) on some products but not others (which is bad). I can go to Geico, Progressive and a few other sites-- immediately get quotes-- compare them, and in under 30 minutes I'll have a car insured. Every step of the process was transparent, and I didn't have to deal with a salesman. My parents walked my sister and brother-in-law through the process of getting a mortgage underwritten for their condo as a wedding gift. It involved so much BS such as documentation of employment despite the fact that my father has been receiving faculty checks from the same institution in Cambridge direct-deposited to same bank for more than two decades. Hopefully Google will "Geico" this up and by the time I decide to purchase a condo or home, I don't have to deal with the same tedium that they did. That being said, I hold my personal money at a credit union (Alliant, it's the New INGDirect![1]) because hey, I'd rather support them than Bank of America. The business house bank is with a local bank, again, because my co-partners and I would much rather keep a balance with a small-ish business rather than a conglomerate who exploits poor people and college kids with ridiculous compound overdraft fees. [1] https://www.alliantcreditunion.com/ https://www.alliantcreditunion.com/ Post CapitalOne360, INGDirect has been on a steady decline. I'm now a happy customer. If you happen to be :cough: a former employee of any of the companies within the co-op, you can make an account. Support them or your local CU.
- copperx 11y ago
  Thank you for the Alliant recommendation. I story my money at CapitalOne360, and although I still like it, I worry what will happen to it after the acquisition. I think I'll switch to Alliant.

by vlucas 11y ago

iheartmemcache 11y ago

Mmm, the HN affluent community with 820 credit scores and dual-six figure incomes probably won't see much value from this as it stands. But, I see it as jumping point - one more layer of transparency that Google can potentially offer us. Previously, shopping around for car insurance was a pain. Now, I don't have to deal with some guy who's making commission (which isn't bad) on some products but not others (which is bad). I can go to Geico, Progressive and a few other sites-- immediately get quotes-- compare them, and in under 30 minutes I'll have a car insured. Every step of the process was transparent, and I didn't have to deal with a salesman. My parents walked my sister and brother-in-law through the process of getting a mortgage underwritten for their condo as a wedding gift. It involved so much BS such as documentation of employment despite the fact that my father has been receiving faculty checks from the same institution in Cambridge direct-deposited to same bank for more than two decades. Hopefully Google will "Geico" this up and by the time I decide to purchase a condo or home, I don't have to deal with the same tedium that they did. That being said, I hold my personal money at a credit union (Alliant, it's the New INGDirect![1]) because hey, I'd rather support them than Bank of America. The business house bank is with a local bank, again, because my co-partners and I would much rather keep a balance with a small-ish business rather than a conglomerate who exploits poor people and college kids with ridiculous compound overdraft fees. [1] https://www.alliantcreditunion.com/ https://www.alliantcreditunion.com/ Post CapitalOne360, INGDirect has been on a steady decline. I'm now a happy customer. If you happen to be :cough: a former employee of any of the companies within the co-op, you can make an account. Support them or your local CU.

copperx 11y ago
Thank you for the Alliant recommendation. I story my money at CapitalOne360, and although I still like it, I worry what will happen to it after the acquisition. I think I'll switch to Alliant.