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Lendingtree

All articles tagged with #lendingtree

world3 months ago

LendingTree CEO and others die in ATV crashes in North Carolina

Doug Lebda, CEO of LendingTree, died in an ATV accident on his family farm in North Carolina, where he was found alone after last being seen at 3 p.m. The incident involved a red Honda Pioneer ATV, and no foul play was indicated. Lebda had recently purchased the farm, which features extensive natural amenities, and was a prominent entrepreneur and philanthropist. His death marks a significant loss to the business and local community.

via Charlotte Observer|
#atv-crash#doug-lebda#farm-property
finance2 years ago

"Holiday Spending Surge Leads to Increased Credit Card Debt"

The LendingTree Credit Card Confidence Index reveals that only half of American credit card users are confident they can pay off their December balances, marking an all-time low in confidence. With national credit card debt at a record $1.08 trillion and average interest rates at 21%, consumers face growing financial pressure. Women, in particular, have less confidence in their ability to pay off credit card debt compared to men. Experts suggest strategies such as balance transfers to zero-APR cards and consulting credit counseling services to manage and reduce debt. Interest rates are expected to ease slightly in 2024, but will remain historically high.

via USA TODAY|
#credit-card-debt#debt-management#finance
finance2 years ago

"US Household Debt Reaches Record High in Top 10 Debt-Ridden Metros"

Atlanta has the highest average consumer debt among the 50 largest U.S. metros at $45,891, followed by Dallas, Washington D.C., Austin, and Raleigh, according to a study by LendingTree. The study found that auto loan debt is the highest non-mortgage debt in 34 of the 50 largest U.S. metros. San Antonio residents had the highest average auto debts at $18,248. The five largest metros with the least amount of consumer debt were New York City, Minneapolis, San Francisco, Louisville, and Chicago.

via The Hill|
#auto-loan-debt#consumer-debt#finance