Welcome to our dedicated page for Lendingtree news (Ticker: TREE), a resource for investors and traders seeking the latest updates and insights on Lendingtree stock.
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.
This resource offers real-time access to critical updates including quarterly earnings reports, partnership announcements, product innovations, and regulatory filings. Investors gain a competitive edge through comprehensive coverage of TREE's performance across its Home, Consumer, and Insurance segments.
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.
A recent report from ValuePenguin.com by LendingTree reveals that over 70,000 American children and teens aged 19 and younger died in motor vehicle accidents from 2004 to 2018. The report highlights significant variations in fatality rates across states, with Mississippi, Wyoming, and Montana having the highest rates of 9.3 to 10.6 deaths per 100,000. In contrast, the District of Columbia recorded the lowest rate at 1.2 deaths per 100,000. Notably, 42% of fatalities involved passengers, and the yearly deaths among this age group have decreased by over 50% since 2004.
LendingTree, the leading online loan marketplace based in Charlotte, NC, announced new features for the My LendingTree app on September 29, 2020. Users can now connect checking and savings accounts from over 11,000 financial institutions through Plaid, enabling a comprehensive view of their financial profile. This integration allows for cash flow analysis, budgeting tools, and transaction history management in one platform, enhancing consumer financial management. Key offerings include budget tracking, monthly spending comparisons, and expense summaries.
According to a recent ValuePenguin survey, 60% of Americans postponed medical appointments during the COVID-19 pandemic, primarily to avoid virus exposure. Additionally, 50% reported going a day or more without necessary medications, with 30.1% citing stock shortages and 21% due to mail delays. Concerns over healthcare access surged, with 31% worried about long wait times. The survey, conducted from Sept. 11-14, 2020, included 1,028 respondents, revealing significant impacts of the pandemic on health behaviors.
On Sept. 22, 2020, QuoteWizard, a LendingTree company, released a report detailing the significant impact of the COVID-19 pandemic on healthcare spending. The report highlights a staggering 43% drop in hospital spending and 37% decline for physician offices in April. Furthermore, the American Hospital Association projects a total loss of $323.1 billion for 2020. As a result, rural hospitals face increased closure risks, with 12 closures already reported in the first half of the year. Overall, the pandemic has compounded financial challenges for healthcare providers.
According to a recent survey by CompareCards, only 33% of Americans checked their credit reports in the past year, down from 39% in 2019 and 37% in 2018. Alarmingly, just 20% of individuals aged 75 and older reviewed their credit reports, increasing their vulnerability to fraud. Although consumers report heightened concern about identity theft, actions to mitigate risks have decreased. 47% of cardholders faced data breaches, with many unprepared despite available resources for credit monitoring. The survey indicates that pandemic-related distractions may contribute to reduced vigilance in protecting personal information.
QuoteWizard, a LendingTree company, released a report detailing how top health insurers have reported record profits during the COVID-19 pandemic. Companies like UnitedHealth Group, Humana, and Anthem experienced billion-dollar profits in Q2 2020, doubling year-over-year. Despite rising unemployment and healthcare challenges, these insurers thrived, with United Healthcare reporting a medical loss ratio of 70.2%. The report also highlights significant increases in employer health care premiums, which rose by 57% since 2009, averaging $7,459 annually.
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