| This article needs references that appear in reliable third-party publications. Primary sources or sources affiliated with the subject are generally not sufficient for a Wikipedia article. Please add more appropriate citations from reliable sources. (June 2010) |
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| Type | LLC |
|---|---|
| Founded | Charlotte, North Carolina (1998) |
| Headquarters |  Charlotte, North Carolina, USA |
| Key people | Doug Lebda, CEO/Founder |
| Employees | 700 (2008) |
| Website | www.lendingtree.com |
LendingTree is an online lending exchange. LendingTree is a web-based company (LendingTree.com), operating a lead-generation business. LendingTree provides access to mortgages and refinance loans, home equity loans/lines of credit, auto loans, personal loans, and credit cards.
[edit]History
Launched in 1998 with headquarters in Charlotte, LendingTree, LLC also owns and operates LendingTree Loans sm, GetSmart.com, and HomeLoanCenter.com. LendingTree, LLC is a business of Tree.com, Inc. (NASDAQ: TREE).
LendingTree was part of IAC Financial Services and Real Estate, an operating company ofIAC (NASDAQ: IACI).
[edit]Criticism
In 2010, BanxCorp began antitrust legal proceedings against more than 100 companies, including LendingTree. Outcome pending. [1][2]
[edit]References
- ^ forbes.com (June 3, 2010). "Antitrust Complaint Filed Against Dow Jones & Co., The New York Times and Other Media Giants". Press release. Retrieved 2010-06-22. "A federal antitrust complaint was filed against nine firms including Dow Jones & Co., The New York Times, CNBC, CNN, MSNBC and others, for engaging in unlawful per se horizontal market division, customer allocation, and price fixing agreements with competitors in the market for bank rate websites throughout the United States. ... The case is USDC-DNJ 2:10-cv-02467-SDW-MCA."
- ^ http://banx.com/BanxCorp_v_LendingTree_et_al.pdf
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