H&R Block, LendingTree partner to empower clients to improve their financial well-being
March 13 2018 - 9:00AM
As part of continued efforts to help clients better understand
their financial situation, H&R Block (NYSE:HRB) is partnering
with LendingTree (NASDAQ:TREE) to provide clients convenient access
to their credit score, LendingTree Academy and more. H&R Block
clients can now seamlessly enter LendingTree via their MyBlock
account, which is a private, secure, online portal clients can use
year-round to access and add tax documents and personal
information.
“H&R Block not only helps people file their tax returns, but
we also educate taxpayers throughout the year about how taxes
impact them based on life events – like marriage, having a baby and
starting a business,” said Heather Watts, senior vice president and
general manager of digital at H&R Block. “Our partnership with
LendingTree to provide an easy way for our clients to have access
to their updated credit score every month is a great next step in
our efforts to promote financial literacy.”
My LendingTree also provides personalized insight and
information on factors impacting credit scores, along with
intuitive suggestions for credit improvement. The personalized
dashboard provides information on existing loans and credit cards –
no matter the financial institution – making it easy to track
credit and financial health. The brainpower behind My LendingTree
continually analyzes the user’s accounts, and sends notifications
about savings opportunities using real-time market-based data
across all loan categories.
“We’re thrilled to be partnering with H&R Block, and excited
to provide even more consumers with powerful information related to
their credit and financial health through our platform,” said Doug
Lebda, founder and CEO of LendingTree. “Both brands are centered
around empowering consumers with financial-related knowledge. When
consumers are empowered by their own data, they can make better
decisions that positively impact their overall financial health as
well as their credit score. Knowing your options –and their impact
on your finances – is the first step to making better financial
decisions.”
My LendingTree uses VantageScore 3.0 credit score model which is
a credit score used by major credit bureaus.
“Receiving their tax refund is the biggest financial transaction
many people have all year. With the insight from My LendingTree,
some clients could discover how they can use that money to decrease
their debt, thereby taking steps to improve their financial
outlook,” Watts said.
With an H&R Block MyBlock account, users have 24/7 access
year-round via smartphone, tablet or laptop to the documents they
upload on the portal for their own use or to share with their
H&R Block tax pro. Plus, they can review their tax checklist,
check the status of their tax return and view their tax
returns.
About H&R Block H&R Block, Inc.
(NYSE:HRB) is a global consumer tax services provider. Tax return
preparation services are provided by professional tax preparers in
approximately 12,000 company-owned and franchise retail tax offices
worldwide, and through H&R Block tax software products for the
DIY consumer. H&R Block also offers adjacent Tax Plus products
and services. In fiscal 2017, H&R Block had annual revenues of
over $3 billion with 23 million tax returns prepared worldwide. For
more information, visit the H&R Block Newsroom.
About LendingTree, Inc. LendingTree, Inc.
(NASDAQ:TREE) operates the nation's leading online loan marketplace
and provides consumers with an array of online tools and
information to help them find the best loans for their needs.
LendingTree's online marketplace connects consumers with multiple
lenders that compete for their business, empowering consumers as
they comparison-shop across a full suite of loans and credit-based
offerings. LendingTree provides access to its network of over 500
lenders offering home loans, home equity loans/lines of credit,
reverse mortgages, personal loans, auto loans, small business
loans, credit cards, student loans and more.
LendingTree, Inc. is headquartered in Charlotte, NC and
maintains operations solely in the United States. For more
information, please visit www.lendingtree.com.
For Further InformationSusan Waldron,
816-854-5522, susan.waldron@hrblock.com
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