| Dear Randolph, With inflation skyrocketing to levels not seen in 35 years, rising interest rates and an uncertain post-pandemic economy, Americans are navigating unprecedented financial times. | | At LendingTree, we have a unique responsibility: over 111 million people have used us to find a lender, save money or improve their financial health. Our research shows that consumers who took out personal loans to pay down credit card debt raised their credit score by 38 points on average. Recognizing this, we talked with tens of thousands of people and learned they are feeling more financial anxiety than ever. As a result, Americans are seeking trusted brands to help them navigate these new challenges. Our Brand Promise. LendingTree will give you the power to win financially. | As part of our promise, we are launching an enhanced LendingTree customer experience, providing customers with greater transparency, actionable tips and educational content. In tandem, we are launching The Vine, a monthly newsletter with expert advice, guidance and proprietary research to make sense of the news that affects your wallet. Together, these initiatives will arm you with the confidence to know you have support and access to the best financial options. This new era of LendingTree is born directly from the people who helped us build our business over the past two decades. It’s truly a privilege to partner with you, and we appreciate your trust in LendingTree to guide you on your financial journey. Sincerely, Doug Lebda Founder & CEO |
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