Should You Invest In LendingTree Inc?

LendingTree Inc. was founded in 1998 and is headquartered in Charlotte, North Carolina. This is an online marketplace for informed financial decisions offering various related services and comparing multiple offers from a nationwide network of over 500 partners in a single online search. The company covers a wide range of services, including mortgage loans, mortgage refinances, auto loans, personal loans, business loans, student refinances, credit cards and more. LendingTree, Inc. is the parent of LendingTree, LLC and several other companies. The company’s “My LendingTree platform” enables customers to receive free credit scores, credit monitoring and recommendations, as well as to compare their credit accounts against offers that are available on the company's network. It also notifies users when a saving opportunity comes up. More than 13.2 million consumers had signed up for My LendingTree as of September 30, 2019. The company’s financial results for the third quarter of fiscal 2019 included a reported record consolidated revenue of $310.6 million, representing an increase of 58% as compared to the prior-year third quarter results. Tune in for regular TREE price updates.