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TheStreet Open House

LendingTree Launches Credit Card Comparison Tool

CHARLOTTE, N.C., May 14, 2013 /PRNewswire/ -- LendingTree, the nation's leading online source for competitive home loan offers, today announced the launch of its new credit card comparison offering available on LendingTree.com. The comparison tool, which has almost 30 different credit cards available across four card networks, allows users to compare offers based on financial priorities and preferences.  

(Logo: http://photos.prnewswire.com/prnh/20110518/MM04455LOGO )

"LendingTree has always recognized the financial benefits of comparison shopping for mortgages, but we also realize this principle applies to any financial service. Credit cards have drastically different options available to consumers, which is why we wanted to create a feature that allows consumers to quickly evaluate, compare and choose the card that works best for their needs," said Tom O'Neill, senior director, product management.

Through the tool, consumers can customize their card options by selecting the desired card type, rewards, credit rating and card networks.  For each credit card option, the tool displays the average credit score of current cardholders, reward programs available with each card, customer reviews and an overview of the interest rate.  LendingTree plans to expand its card offerings once consumer interest is evaluated.

For more information or, visit www.lendingtree.com/compare-credit-cards.

About LendingTree, LLCLendingTree, LLC is the nation's leading online source for competitive home loan offers, empowering consumers during the mortgage, refinance or auto loan process.  LendingTree provides an online marketplace which connects consumers with multiple lenders that compete for their business, as well as an array of online tools and information to help consumers find the best loan. Since inception, LendingTree has facilitated more than 30 million loan requests and $214 billion in closed loan transactions. LendingTree provides access to lenders offering mortgages and refinance loans, home equity loans/lines of credit, and more. LendingTree, LLC is a subsidiary of Tree.com, Inc. (NASDAQ: TREE). For more information go to www.lendingtree.com, dial 800-555-TREE, join our Facebook page and/or follow us on Twitter @LendingTree.

MEDIA CONTACT:Megan Greuling (704) 943-8208 Megan.Greuling@tree.com

SOURCE LendingTree

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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