CHARLOTTE, N.C., April 16, 2009 – LendingTree and Thrive (www.JustThrive.com) will participate in Financial Literacy Day on Capitol Hill on April 30. Company executives Nicole Hall and Avi Karnani will meet with staffers and members of Congress to discuss the importance of financial education among Americans and showcase what the company is doing to collaborate in this important effort.
“LendingTree and Thrive have been advocates of financial literacy for many years and we are honored to join the effort to help Americans get their hands on useful and helpful personal finance information and tools,” said Ms. Hall. "The company believes that increased financial literacy is instrumental to all Americans, ensuring each of us makes informed, educated decisions beginning at a young age and on through retirement age.”
An expert on helping young people with personal finance, Karnani added, “Understanding their personal finances is the missing link in the education of many young people in their twenties and thirties. They know it’s a problem, they want help, and we need to do more to make sure they are getting it.”
LendingTree has a long-standing commitment to financial literacy and helping consumers make smart fiscal decisions throughout their lives. The cornerstone of the LendingTree financial literacy program is the Smart Borrower Center (www.lendingtree.com/smartborrower), an online educational resource designed to help visitors navigate the often-confusing world of credit, debt and loans, and help foster an understanding of financial concepts. In the past year, LendingTree has expanded the program with innovative tools such as the Mortgage CheckUp, the Loan Coach, and much more.
LendingTree recently recruited Thrive to join the Tree.com family in its mission to be the online destination for smart financial decisions. Thrive’s financial advisory engine is a free, user-friendly way to empower people to take control of their financial lives and change the behaviors that underlie their relationship to money. Tapping into the fact that the X and Y generations have long been ignored by traditional high-end financial advisors and have neither the time nor expertise for effective do-it-yourself financial planning, Thrive set about to help create personalized advice based on individual needs and lifestyles.
For more information about LendingTree and Thrive and their financial literacy efforts please visit www.lendingtree.com/smartborrower or www.justthrive.com or call 1-800-555-TREE.
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).
Located in New York City, Thrive (www.justthrive.com) is a free online financial advisory service designed to help those in their 20s and 30s monitor, manage and improve their Financial Health™. With its patent-pending personal financial advisory engine, Thrive bridges the gap between the currently available online money management tools and expensive face-to-face meetings with financial planners. Thrive members can get their finances in order, get on a budget, and get financial advice personally tailored for their own lifestyle and goals. For more information and to watch your money grow, visit www.justthrive.com.
Thrive is a subsidiary of Tree.com, Inc. (NASDAQ: TREE).