LendingTree Honored by Targusinfo

Wed. September 30, 2009; Posted: 11:14 PM

Sep 30, 2009 (Close-Up Media via COMTEX) -- TREE | Quote | Chart | News | PowerRating -- At the fourth annual Online Lead Quality Summit, Targusinfo, a provider of On-Demand Insight about prospects and customers, announced that for the second year in a row, LendingTree, an online lending exchange, has received the 2009 Best in Online Lead Quality Award.

"It's clear that LendingTree has spent the resources needed to go that extra mile to improve its lead quality," said David Wengel, General Manager of Interactive Markets, Targusinfo. "A year ago, LendingTree chairman and CEO Doug Lebda, outlined their commitment to innovation and excellence. Since then, LendingTree's quality assurance process is at the heart of why they consistently receive universal praise from lenders and the lead generation industry as a whole."

"We are honored to receive the Online Lead Quality Award from Targusinfo for a second consecutive year because it means we've executed our vision of offering high quality actionable leads to our more than 200 lender partners," said Doug Lebda, Chairman and CEO of LendingTree.

Since inception, LendingTree has facilitated more than 25 million loan requests and $185 billion in closed loan transactions. LendingTree provides access to lenders offering mortgages and refinance loans, home equity loans/lines of credit, auto loans, personal loans and credit cards.

LendingTree, a Targusinfo customer since 2005, leverages On-Demand Lead Verification services to help improve the quality of consumer leads it offers to lending partners.

Through a patented process, the Targusinfo On-Demand Lead Verification Solution checks individual pieces of a consumer's contact information such as a phone number to not only ensure accuracy, but verify linkage to that consumer.

((Comments on this story may be sent to newsdesk@closeupmedia.com))

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