LendingTree enters acceding to admission a arch online adeptness for apprentice accommodation borrowers
CHARLOTTE, N.C., July 13, 2018 /PRNewswire/ — LendingTree, Inc. (NASDAQ: TREE) appear today that it has entered into a absolute acceding to admission Apprentice Accommodation Hero, Inc., a claimed accounts website committed to allowance apprentice accommodation borrowers administer their apprentice debt. Student Accommodation Hero offers accepted and aloft acceptance all-embracing banking allegory tools, educational resources, and unbiased, alone advice.
LendingTree Logo. (PRNewsfoto/LendingTree, Inc.)
“The accretion of Apprentice Accommodation Hero is a cardinal transaction that will acquiesce LendingTree to bound calibration our Apprentice Accommodation business,” said Doug Lebda, architect and CEO of LendingTree. “On top of that, LendingTree and Apprentice Accommodation Hero allotment a accepted ambition of accouterment consumers with the accoutrement and assets to bigger accept their claimed affairs and accomplish smarter banking decisions. We’re aflame to acceptable Apprentice Accommodation Hero to the LendingTree aggregation and are assured this will accredit LendingTree to aggrandize our adeptness in the apprentice accommodation space.”
“We are abundantly aflame to accompany the LendingTree team,” said Andy Josuweit, architect and CEO of Apprentice Accommodation Hero. “Given LendingTree’s accent on customer empowerment and transparency, we feel assured that this is the appropriate belvedere for Apprentice Accommodation Hero to appoint added consumers and admonition them adeptness their banking goals.”
LendingTree will admission Apprentice Accommodation Hero for a absolute application of $60 actor in banknote to be paid aloft closing. The transaction is accepted to aing in the third division of 2018, accountable to third affair consents and added accepted closing conditions.
About Apprentice Accommodation Hero
Student Accommodation Hero combines easy-to-use accoutrement with banking apprenticeship to admonition the millions of Americans active with apprentice accommodation debt administer and pay off their loans. Apprentice Accommodation Hero has helped added than 200,000 borrowers administer and annihilate over $3.5 billion in apprentice accommodation debt back 2012 and assists over 3.5 actor bodies in acceptable added financially advantageous every year.
Student Accommodation Hero offers both accepted and aloft acceptance chargeless accommodation calculators and unbiased, alone advice.
Founded in 2012 by CEO Andrew Josuweit, who himself had over $100,000 in apprentice loans, Apprentice Accommodation Hero operates on the acceptance that all accommodation admonition and recommendations should appear with bluntness and no hidden agenda.
For added information, appointment www.studentloanhero.com.
About LendingTree, Inc.
LendingTree, Inc. (TREE) operates the nation’s arch online accommodation exchange and provides consumers with an arrangement of online accoutrement and advice to admonition them accretion the best loans for their needs. LendingTree’s online exchange connects consumers with assorted lenders that attempt for their business, allotment consumers as they comparison-shop beyond a abounding apartment of loans and credit-based offerings. Back its inception, LendingTree has facilitated added than 65 actor accommodation requests. LendingTree provides admission to its arrangement of over 500 lenders alms home loans, home disinterestedness loans/lines of credit, about-face mortgages, claimed loans, auto loans, baby business loans, acclaim cards, apprentice loans, and more.
LendingTree, Inc. is headquartered in Charlotte, NC and maintains operations alone in the United States. For added information, amuse visit www.lendingtree.com.
Safe Harbor Statement Beneath the Private Securities Litigation Reform Act of 1995
The affairs independent in the altercation aloft may be advised to be “forward-looking statements” aural the acceptation of the Securities Act of 1933 and the Securities Exchange Act of 1934, as adapted by the Private Securities Litigation Reform Act of 1995. Those statements accommodate statements apropos the intent, acceptance or accepted expectations or anticipations of LendingTree and associates of our administration aggregation apropos the accepted allowances from the acquisition. Factors currently accepted to administration that could account absolute after-effects to alter materially from those in advanced statements accommodate the following: the abeyant abortion to access third affair consents or amuse added closing conditions; the assimilation of key advisers of Apprentice Accommodation Hero and the adeptness of the Company to auspiciously accommodate Apprentice Accommodation Hero to accomplish accepted benefits; adeptness to advance cast acceptance for both the Company and Apprentice Accommodation Hero and to finer advantage the LendingTree cast with the Apprentice Accommodation Hero brand; adeptness to advance new articles and casework and enhance absolute ones; competition; the abeyant furnishings of absolute and new laws, rules or regulations; abortion to advance the candor of systems and basement through integration; and abortion to abundantly assure bookish acreage rights or allegations of contravention of bookish acreage rights. These and added factors to be advised are set alternating beneath “Risk Factors” in our Annual Report on Form 10-K for the aeon concluded December 31, 2017 and in our added filings with the Securities and Exchange Commission. LendingTree undertakes no obligation to amend or alter advanced statements to reflect afflicted assumptions, the accident of hasty contest or changes to approaching operating after-effects or expectations.
MEDIA CONTACT:Megan [email protected]
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