LendingTree Inc is an online lending marketplace headquartered in Charlotte, North Carolina. The firm provides a digital platform that allows potential borrowers to connect with multiple lenders to find the right financial products for their circumstances. Borrowers can search for home loans, personal and business loans, credit cards, auto finance, and insurance policies. The firm was established in 1996 and serves customers in the US.
The company aims to simplify the borrowing process for consumers. New users answer some questions about the type of loan they need, and then the platform acts as a search and comparison tool, connecting with its lender network to bring up offers that will be of interest to the user. Consumers are generally matched with multiple lenders and will be presented with the information, such as interest rates, loan terms, and other conditions, to make an informed choice.
LendingTree Inc also offers a range of financial resources for users, including a free credit score check and credit score monitoring, a mortgage calculator, and ratings and reviews of lenders within its network. It’s also possible to search for deals on refinancing, ranging from home to student loans. The firm trades on the NASDAQ and is listed under the stock ticker TREE.
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