LendingTree: LendingTree Reports Consumers Seek Loans but Credit Availability Has Contracted

LendingTree continued to be affected by high interest rates and consumers having difficulty accessing credit in the third quarter. During the quarter ended Sept. 30, the online lending marketplace's revenue totaled $155.2 million, down 35% from the same quarter a year earlier, according to a shareholder letter released Tuesday (Oct. 31) in conjunction with the company's quarterly earnings [...] The post LendingTree Reports Consumers Seek Loans but Credit Availability Has Contracted first appeared on PYMNTS.com.