CHARLOTTE, N.C., Oct. 15, 2019 /PRNewswire/ -- LendingTree, Inc.
(NASDAQ: TREE), operator of LendingTree.com, the nation's leading
online loan marketplace, today announced its integration with
RouteOne, a leading F&I services platform connecting thousands
of car dealers and finance sources in North America.
With the integration, LendingTree's credit application
functionality will integrate with RouteOne's credit aggregation
system to present indirect financing offers to consumers. The
integration enhances LendingTree's automotive product offering and
empowers consumers with instant finance offers that are fully
transactable at the dealership. Knowing their finance options ahead
of time provides car buyers with peace of mind. Dealerships, in
turn, can seamlessly fulfill car-buying transactions using their
respective processes, systems, and selection of lenders.
"Our integration with RouteOne allows us to further broaden
consumer choice while creating incremental sales opportunities for
car dealers," said Neil Salvage,
President of LendingTree. "Equipped with financing in hand,
LendingTree users can walk into the dealership and close their deal
with speed and confidence, resulting in a positive consumer
experience for lenders, dealers, and borrowers."
LendingTree simplifies the car financing experience, giving
consumers instant access to finance offers, including the peace of
mind that comes with securing a fair deal. Millions of consumers
have used LendingTree's innovative digital auto finance platform to
get approved for financing prior to visiting the dealership.
"We're pleased to welcome LendingTree to our platform," added
Justin Oesterle, Chief Executive
Officer of RouteOne. "This integration is yet another example of
RouteOne's commitment to providing innovative ways to enhance the
car buying process for consumers, car dealers, and indirect auto
financing sources alike."
LendingTree offers car buyers nationwide the ability to obtain
up to five personalized financing offers on the vehicle of their
choice. The company safeguards sensitive consumer information with
advanced encryption and state-of-the-art data security
technology.
About RouteOne
RouteOne was formed in 2002 by Ally Financial, Ford Motor Credit
Company, TD Auto Finance, and Toyota Financial Services to improve
the F&I process for automobile dealers and their customers.
Connecting thousands of dealers and finance sources in North America for vehicle financing,
RouteOne's platform delivers a comprehensive suite of F&I
solutions across multiple channels: in-store, online, mobile, and
via third-party solutions. Its product line-up includes credit
application, eContracting, menu, online/mobile retail services, and
compliance. In addition, RouteOne enables dealer choice across a
wide variety of best-in-class providers through open integrations
with over 190 DSPs. More information is available at
www.routeone.com.
MEDIA CONTACT:
Kathy Armstrong
248-862-7568
KArmstrong@routeone.com
About LendingTree, Inc.
LendingTree (NASDAQ: TREE) is the nation's leading online
marketplace that connects consumers with the choices they need to
be confident in their financial decisions. LendingTree empowers
consumers to shop for financial services the same way they would
shop for airline tickets or hotel stays, comparing multiple offers
from a nationwide network of over 500 partners in one simple
search, and can choose the option that best fits their financial
needs. Services include mortgage loans, mortgage refinances, auto
loans, personal loans, business loans, student refinances, credit
cards, insurance and more. Through the My
LendingTree platform, consumers receive free credit scores,
credit monitoring and recommendations to improve credit health. My
LendingTree proactively compares consumers' credit accounts against
offers on our network and notifies consumers when there is an
opportunity to save money. In short, LendingTree's purpose is to
help simplify financial decisions for life's meaningful moments
through choice, education and support.
LendingTree, Inc. is headquartered in Charlotte, NC. For more information, please
visit www.lendingtree.com.
MEDIA CONTACT:
Megan Greuling
704-943-8208
Megan.Greuling@LendingTree.com
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SOURCE LendingTree