CHARLOTTE, NC (April 15, 2011) – LendingTree andThe LendingTree Foundation will participate in Financial Literacy Day on Capitol Hill today, April 15, as part of an ongoing initiative to promote the importance of financial education. Company executive Nicole Hall and LendingTree Foundation Executive Director Sharon Fowler will meet with staffers and members of Congress to discuss the importance of financial literacy in America and showcase what LendingTree and The LendingTree Foundation are doing to contribute to this important effort.
"LendingTree is honored to be a part of the effort to provide and promote personal finance information and education to all Americans," said Ms. Hall. "As the leading online lending brand, LendingTree has always stood firmly on the side of the consumer. We believe that increased understanding of financial concepts is vital to enabling consumers to make informed financial decisions throughout their lives."
LendingTree has a long-standing commitment to financial literacy. In 2004, as part of an ongoing mission to empower borrowers, LendingTree embarked on a multi-million dollar educational program, creating free online resources to help visitors navigate the often-confusing world of credit, debt and loans.
As a culmination of this commitment to Financial Literacy, LendingTree established The LendingTree Foundation in 2009. The LendingTree Foundation is a private, non-profit organization designed to help individuals and families make meaningful changes to get their financial lives back on track. At the core of the Foundation program is the "Financial Fitness Academy", a program that offers clients one-on-one coaching and a personalized curriculum to achieve their financial goals. The Foundation is also developing an online curriculum to accommodate different learning styles and participants across the country.
"The LendingTree Foundation gives individuals and families the hands-on education and resources they need to get their finances back on track," said Sharon Fowler, Executive Director of The LendingTree Foundation. "I’m thrilled to be joining Congressional leaders to promote the importance of financial education at a time when there are so many in need."
For more information about LendingTree and The LendingTree Foundation and their financial literacy efforts please visitwww.lendingtree.com or www.lendingtreefoundation.org.
About LendingTree, LLC
LendingTree, LLC is the nation’s leading online lender exchange and personal finance resource, helping consumers take charge of all their financial decisions, from budgeting to money management to mortgages to credit cards and more. LendingTree provides a marketplace that connects consumers with multiple lenders that compete for their business, as well as an array of online tools to aid consumers in their financial decisions. Since inception, LendingTree has facilitated more than 28 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 or 800-555-TREE.
About The LendingTree Foundation
Established in October 2009, The LendingTree Foundation is a private non-profit foundation created by LendingTree to empower individuals and families to take control of their personal financial lives by providing education, action, and support services. The Foundation is composed of two free of charge components: the Financial Fitness AcademySM and the Financial Futures FundSM. The Financial Fitness Academy is a personalized curriculum that matches participants with a volunteer financial coach. Participants in the Financial Fitness Academy are also eligible to take advantage of Individual Development Accounts (IDAs), funded by the Financial Futures Fund.