Company Directory - LendingTree, Inc.
Company Details - LendingTree, Inc.
LendingTree, Inc.
WebsiteCharlotte, United States
ISIN: US52863Q1039
LendingTree is an online lending exchange that connects consumers with multiple competing lenders while offering financial advice. The platform enables consumers to compare a variety of loan products — from mortgages to personal and auto loans — helping them make informed borrowing decisions.
CCI Score
CCI Score: LendingTree, Inc.
-12.92
0.01%
Latest Event
LendingTree PAC Contribution Overview
LendingTree, Inc. raised $29,803 during the 2023-2024 election cycle as reported by OpenSecrets. This financial engagement, while modest, supports a National Republican Congressional PAC and raises concerns about the company’s role in bolstering political entities that may endorse authoritarian policies.
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ENABLER
LendingTree, Inc. is currently rated as an Enabler.
Latest Events
- MAR032025
LendingTree, Inc. raised $29,803 during the 2023-2024 election cycle as reported by OpenSecrets. This financial engagement, while modest, supports a National Republican Congressional PAC and raises concerns about the company’s role in bolstering political entities that may endorse authoritarian policies.
-20
Political Contributions and Lobbying Efforts
March 24
The reported contribution to a National Republican Congressional PAC indicates LendingTree's involvement in funding political activities that may align with authoritarian-friendly agendas. Even a relatively modest PAC contribution can be seen as part of a larger pattern of corporate influence in politics, which is problematic from a democratic accountability and anti-fascist perspective.
- FEB062025
LendingTree Inc contributed $10,000 via PAC to federal candidates in the 2023-2024 election cycle, as reported by OpenSecrets. This event highlights the company’s exercise of corporate political influence through targeted contributions.
-15
Political Contributions and Lobbying Efforts
March 31
LendingTree Inc's $10,000 PAC contribution, while not explicitly tied to far‑right or authoritarian candidates, represents an instance of corporate political engagement. From an anti‑fascist perspective, such donations can be problematic as they help to amplify corporate influence in democratic processes and potentially reinforce established power structures that may neglect marginalized communities.
- FEB062025
LendingTree Inc reported $56,215 in political contributions during the 2024 cycle and no reported lobbying or outside spending. This moderate level of political engagement suggests limited direct use of corporate funds to influence policy, which is less indicative of complicity in authoritarian practices.
+15
Political Contributions and Lobbying Efforts
March 24
LendingTree Inc’s modest political contribution of $56,215 coupled with a complete absence of lobbying or outside spending in the 2024 cycle reflects a restrained approach to political influence. From an anti-fascist perspective, such limited engagement minimizes the risk of contributing to the financial empowerment of authoritarian or far‐right agendas.
- JAN012025
A Glassdoor review of LendingTree emphasizes the company’s commitment to diversity, equity, and inclusion through initiatives such as its Diversity and Inclusion Group and equitable pay practices. Employees report a supportive workplace culture, reflecting a positive stance on labor relations and human rights practices.
+75
Labor Relations and Human Rights Practices
March 24
The article reviews LendingTree's active efforts to promote diversity, equity, and inclusion, as reflected in employee feedback on Glassdoor. Initiatives like the Diversity and Inclusion Group and commitments to equitable pay suggest a proactive approach to upholding labor rights and ethical workplace practices. While the overall rating indicates room for improvement, the initiatives signal a positive step against oppressive labor practices.
- DEC312024
LendingTree spent $210,000 on lobbying in 2024 as documented by OpenSecrets, indicating corporate political activity aimed at influencing policy decisions.
-30
Political Contributions and Lobbying Efforts
March 31
LendingTree's $210,000 expenditure on lobbying in 2024 demonstrates significant corporate involvement in political processes. Such political spending can be seen as an effort to shape policy in favor of corporate interests, raising concerns about the company's complicity in undermining democratic accountability and contributing to a climate favorable to authoritarian influences.
- DEC312024
LendingTree Inc spent $210,000 on lobbying in 2024, reflecting significant corporate political engagement that raises concerns about the company's influence on policy-making and democratic accountability.
-40
Political Contributions and Lobbying Efforts
March 24
The reported $210,000 lobbying expenditure indicates that LendingTree Inc is actively engaging in political processes. From a left-leaning perspective, this significant allocation of funds towards lobbying can be seen as an effort to influence policies in favor of corporate interests, potentially undermining democratic processes and supporting authoritarian practices.
- JUL152024
LendingTree and its subsidiary QuoteWizard are facing a proposed consumer class action lawsuit after a data breach exposed sensitive personal information. The incident, attributed to basic data security failings and ignoring governmental guidance, raises serious concerns about the company’s adherence to ethical business practices and the robustness of its technology safeguards.
-40
Business Practices and Ethical Responsibility
March 24
LendingTree is alleged to have flouted relevant governmental regulations and industry best practices regarding data security. This negligence in protecting consumer data has resulted in a class action lawsuit, reflecting poor ethical responsibility and harmful business practices that undermine consumer trust.
-30
Technology and Services Impact
March 24
The data breach highlights significant vulnerabilities in LendingTree's technological infrastructure. The failure to secure personal data indicates inadequate cybersecurity measures and a disregard for best practices in technology management, further eroding consumer confidence.
- MAR152024
LendingTree announced a plan to cut 13% of its workforce, approximately 200 jobs, due to rising interest rates, with expected severance costs of about $5.6 million. The plan is set to be executed with charges recognized in the first and second quarters of 2023 and completion by the end of Q2 2024.
-50
Labor Relations and Human Rights Practices
March 31
The decision to eliminate approximately 200 jobs, which amounts to a 13% reduction of the workforce, indicates a significant negative impact on labor relations and worker rights. This move undermines fair labor practices and job security, especially during challenging economic times, which is concerning from an anti-fascist and pro-worker perspective.
LendingTree Slashes 13% of Workforce Amid Rising Interest Rates
- JAN012024
OpenSecrets' profile reveals that LendingTree Inc, while maintaining an online lending platform, has not reported targeted lobbying on specific bills in 2024. However, its inclusion in lobbying data raises concerns regarding the broader role of corporate political influence in shaping financial regulations—an area of concern for anti-fascist advocates who oppose the dark influence of money in politics.
-15
Political Contributions and Lobbying Efforts
March 24
LendingTree Inc is featured in OpenSecrets' lobbying profile, which, despite indicating no reported lobbying on specific bills in 2024, still underscores the company's participation in the political lobbying ecosystem. From a left-leaning anti-fascist perspective, even minimal engagement in corporate lobbying can contribute to an environment where corporate interests subvert democratic accountability. This rating reflects concerns over the potential for such political influence to aid authoritarian tendencies, despite the limited direct evidence of aggressive lobbying.
- OCT012023
LendingTree's careers page highlights the company's commitment to diversity and inclusion, emphasizing that varied perspectives and experiences enhance workplace culture. Chief HR Officer Jill Olmstead underscores a deliberate effort to foster an environment of understanding and respect, countering exclusionary, authoritarian ideologies.
+90
Labor Relations and Human Rights Practices
October 1
LendingTree's promotion of workplace belonging and diversity represents a strong commitment to ethical labor practices and human rights. This positive stance enhances employee wellbeing and stands in opposition to authoritarian practices that thrive on exclusion and uniformity.
- OCT012023
FEC data shows that LendingTree’s connected Political Action Committee reported contributions totaling $41,400 with no independent or party-coordinated expenditures. The data reflects baseline political spending activity without any clear indications of support for far‑right or authoritarian candidates.
+0
Political Contributions and Lobbying Efforts
October 1
The PAC’s reported activity of contributing $41,400 is a standard political process expense. There is no evidence that these funds are being used to support far‑right or authoritarian movements. While the company engages in political contributions via its PAC, the figures do not indicate an agenda that would warrant an anti‑fascist or progressive endorsement.
- SEP262023
LendingTree will pay $875,000 to settle a class action lawsuit related to a February 2022 data breach that exposed the personal information of 200,000 individuals. The settlement follows allegations that the company failed to implement basic data-security practices and adhere to industry standards.
-60
Business Practices and Ethical Responsibility
March 31
LendingTree's failure to implement robust data security practices compromised sensitive consumer information for 200,000 individuals, reflecting poor business practices and ethical responsibility. Such negligence may also inadvertently facilitate misuses of personal data in broader authoritarian contexts.
LendingTree Will Pay $875,000 to Settle Data Breach Class Action
-40
Technology and Services Impact
March 31
The data breach underscores significant shortcomings in LendingTree's technological safeguards, leaving sensitive consumer data vulnerable. This lack of robust technological protection raises concerns over potential exploitation that may empower authoritarian misuse of personal information.
LendingTree Will Pay $875,000 to Settle Data Breach Class Action
- MAR312023
On March 31, 2023, LendingTree announced a reduction in its workforce by nearly 13%, impacting roughly 150 employees mainly based in Charlotte. This move, aimed at reducing expenses during challenging economic conditions, follows a previous round of layoffs in 2022.
-40
Labor Relations and Human Rights Practices
March 31
The decision to cut approximately 13% of its workforce negatively impacts worker stability and labor rights. While the move is attributed to reducing expenses in a tough economic climate, it reflects a prioritization of cost-cutting over employee security, which is concerning from a labor rights perspective.
- FEB102023
LendingTree is facing a proposed class action lawsuit alleging that it negligently failed to protect the personal information of around 200,000 consumers following a February 2022 data breach. Plaintiffs claim the company did not implement basic data security practices or adhere to industry standards, raising serious concerns about its commitment to ethical business practices.
-40
Business Practices and Ethical Responsibility
March 31
The lawsuit highlights significant lapses in LendingTree's data security measures. By allegedly failing to implement basic security protocols and industry standards, the company demonstrates a disregard for consumer protection and ethical business practices. This negligence undermines trust in the firm and could indirectly facilitate authoritarian exploitation of personal data, which is particularly concerning from an anti-fascist perspective focused on safeguarding marginalized communities.
LendingTree Must Face Lawsuit Over Data Breach Affecting 200,000
- JAN012023
Data from OpenSecrets indicates that LendingTree Inc's political action committee raised $29,803 during the 2023-2024 election cycle. The reported fundraising level appears moderate with no explicit evidence linking the contributions to support for authoritarian or far‑right agendas.
+0
Political Contributions and Lobbying Efforts
March 31
The OpenSecrets data shows LendingTree Inc’s PAC fundraising amount is moderate at $29,803. There is no indication that these funds are being directed to support extremist or authoritarian causes, and the transparency in reporting suggests a neutral stance in the political landscape.
- FEB152022
A class action lawsuit filed by Christopher Lamie alleges that LendingTree failed to secure customer data during a February 2022 breach, delayed disclosure for over four months, and downplayed the extent of the breach affecting more than 200,000 consumers.
-70
Business Practices and Ethical Responsibility
March 31
The lawsuit claims that LendingTree neglected to implement adequate data security protocols, delayed informing consumers about the breach, and minimized the scope of the stolen information. This failure in ethical business practices compromises consumer trust and demonstrates corporate negligence, warranting a negative rating under Business Practices and Ethical Responsibility.
Class action lawsuit over LendingTree data breach headed to mediation
- JAN012022
Based on OpenSecrets data, LendingTree Inc contributed $35,072 during the 2021-2022 election cycle. While the contribution is modest relative to major political donors, any corporate political donation raises concerns about the normalization of financial influence on democracy, potentially enabling broader corporate complicity in systems that can foster authoritarianism.
-10
Political Contributions and Lobbying Efforts
March 24
LendingTree Inc’s contribution of $35,072 in the 2021-2022 cycle suggests a relatively low level of financial involvement in political funding. However, from an anti-fascist perspective, even modest corporate donations can contribute to the normalization of corporate influence in politics, which may indirectly support authoritarian practices. Transparency and accountability in these contributions remain essential to mitigate potential abuses of power.
- JAN011970
The FEC webpage provides an overview of LendingTree's Political Action Committee, presenting aggregated campaign finance data including itemized transactions and totals as reported by the committee. The details reflect standard political finance reporting with no explicit evidence of engagement in extremist or authoritarian activities.
+0
Political Contributions and Lobbying Efforts
March 31
The FEC overview indicates that LendingTree’s political action committee is involved in routine campaign finance activities without any clear indication of supporting far‐right or authoritarian agendas. Thus, the score remains neutral in the Political Contributions and Lobbying Efforts category.
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