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LendingTree Inc (NASDAQ: TREE), a leading online financial marketplace, provides this centralized hub for investors and financial professionals seeking authoritative news updates. Track all official press releases, strategic developments, and market analyses related to TREE's operations in consumer lending, insurance services, and digital financial solutions.
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Bookmark this page to monitor LendingTree's evolving position in the competitive lending marketplace, with verified updates on marketing strategies, lender network expansions, and consumer financial trends. Our curated news feed ensures you never miss developments impacting TREE's market performance or industry leadership.
According to a ValuePenguin.com analysis, drivers aged 15-20 were involved in 13% of fatal crashes from 2010 to 2019, resulting in 41,187 incidents and 10% of related fatalities in the U.S. Notable states for high young driver fatality rates include Nebraska, Utah, and Kansas, while states like Maryland and Hawaii reported lower rates. However, fatalities among young drivers have decreased significantly, with states like Maine and New Hampshire seeing drops of up to 54%. The analysis highlights the importance of educating young drivers about safety and the financial repercussions of accidents.
LendingTree, Inc. (NASDAQ: TREE) will announce its fiscal third-quarter 2021 results on October 28, 2021, at 7:00 a.m. ET, with a shareholder letter available on their website. A conference call is scheduled for 9:00 a.m. ET on the same day. Participants can dial in five minutes prior to the start. A replay of the call will be accessible from 12:00 p.m. ET on October 28 until 12:00 p.m. ET on November 5, 2021.
According to a recent LendingTree report, interest in store credit cards has hit a three-year low, with only 29% of consumers likely to apply this holiday season, down from 44% in 2020. Debt associated with store cards also decreased significantly, with just 33% of cardholders reporting debt, compared to 49% last year. While average APRs remain high at 24.27%, store cards are still preferred over buy now, pay later options (29% vs. 21%). Notably, 42% of consumers have closed a store card, primarily due to high interest rates and cessation of shopping at these retailers.
This week marks the start of the official NFL season, with full-capacity stadiums allowing fans to return to in-person events. A survey by LendingTree reveals that 67% of Americans plan to spend money on football season-related items, such as food and drinks (26%) and streaming services (22%). Notably, 51% hope to attend live games, with an expected $1,000+ expenditure from 27% of fans. However, 25% may incur credit card debt due to these expenses. This season reflects a pent-up desire for social engagement after last year's restrictions.
LendingTree conducted a survey revealing that over 40% of Americans cried about their financial situations during the COVID-19 pandemic. The primary cause was job or income loss (42%), followed by affordability concerns (33%) and debt issues (31%). Notably, women (55%) were more likely than men (29%) to cry about money. However, some consumers reported 'happy cries' due to stimulus checks (26%) and paused student loan payments (9%). The survey, conducted with 2,050 participants, highlights the emotional toll of the pandemic on financial well-being.
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