LendingTree Launches ‘My Account’ – a convenient, one-stop-shop for customers looking to comparison shop loans

Released  February 11, 2009
By Megan Greuling

CHARLOTTE, N.C., February 11, 2009 – Are you tired of getting confused when looking at loan offers from lenders? LendingTree is here to help. Recently, the company launched My Account, a new, highly-secure, personalized home page on LendingTree.com that helps customers simplify the loan selection process, making it easier to compare their customized loan offers side-by-side. My Account is the latest way LendingTree is working to empower customers to save money by making smart borrowing decisions.  The nation’s number one online lending advocate has helped more than 25 million borrowers close more than $185 billion in loans.

My Account is a user-friendly, consumer portal created specifically to help customers navigate the results of their LendingTree loan requests, including the lenders they were matched with and the customized loan offers they received. In this password protected area found on LendingTree.com, a customer will be able to receive and review their loan offers, compare offers side-by-side, and sort offers by interest rate or monthly payment. They will also be able to learn more about each lender and loan officer competing for their business.

“My Account takes the guesswork out of loan offers and allows borrowers to make smart decisions about the offers they receive from the LendingTree network of competing lenders,” says Nicole Hall, LendingTree.com Smart Borrower Center editor-in-chief.  “LendingTree is always working hard to make sure that our customers find the best deal and My Account is a great resource that will help them sort through the sometimes confusing details of loan offers to find one clear, winning choice.”

Here’s what customers can do from their very own personalized My Account home page:

• View all customized loan offers in real-time for easy comparison shopping
• Review all competing loan offers side-by-side, for an apples-to-apples comparison
• Learn more about the lenders and loan officers competing for their business
• Easily sort loan offers by either lender, interest rate, or monthly payment
• Review previous LendingTree transactions saved for easy reference
• Finish any incomplete loan requests at your convenience
• Start new loan requests with information pre-populated saving valuable time
• Check and manage personal credit reports and score
• Manage user information from one centralized location

Current LendingTree customers have access to their personalized My Account home page by logging in with their LendingTree user name and password from www.lendingtree.com.  Loan information is securely stored in My Account allowing customers to return to their password protected page at any time and easily start a new loan request, search for better rates or use other LendingTree tools and calculators to manage all of their personal finances from one location.

About LendingTree, LLC
LendingTree, LLC is the nation’s leading online lending exchange, providing a marketplace that connects consumers with multiple lenders that compete for their business.  Since inception, LendingTree has facilitated more than 25 million loan requests and $185 billion in closed loan transactions. LendingTree provides access to lenders offering mortgages and refinance loans, home equity loans/lines of credit, auto loans, personal loans and credit cards via www.lendingtree.com and 800-555-TREE.

Launched in 1998 with headquarters in Charlotte, N.C., LendingTree also owns and operates LendingTree Loans sm, GetSmart.com, and HomeLoanCenter.com.  LendingTree, LLC is a subsidiary of Tree.com, Inc. (NASDAQ: TREE).