LendingTree Reviews

Updated September 5, 2014
Updated September 5, 2014
33 Reviews
3.2
33 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
LendingTree Chairman and CEO Doug Lebda
Doug Lebda
20 Ratings

Employee Reviews

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  1.  

    Fun Hard Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Transaction Coordinator  in  Irvine, CA
    Former Employee - Transaction Coordinator in Irvine, CA

    I worked at LendingTree full-time for less than a year

    Pros

    If you're looking for a casual dress work atmosphere, LendingTree is that. Everyone works hard but has fun as well.

    Cons

    Feeling ackward wearing an expensive suit.

    Recommends
    No opinion of CEO
  2.  

    Awesome place to work. Tons of opportunities and more than anything, awesome people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President  in  Burlingame, CA
    Current Employee - Vice President in Burlingame, CA

    I have been working at LendingTree full-time for less than a year

    Pros

    - A great brand which consumers know about
    - A good focus on doing right thing for consumers
    - Good comp package
    - Open environment

    Cons

    - Company is going through the transition after the sale of Lending Tree Loans. Now it is becoming like more like a pure play internet company. So expect some transition pains. Should go away in Q3/Q4 of 2012.

    Recommends
    Positive Outlook
    Approves of CEO
  3. 2 people found this helpful  

    Toxic Environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Charlotte, NC
    Current Employee - Anonymous Employee in Charlotte, NC

    I have been working at LendingTree

    Pros

    There are no pros to working at Tree.com/LendingTree. If you are reading this and you are considering applying for a position here, I would highly recommend that you seek employment elsewhere. You will be miserable in this working environment. I am currently looking at other employment options and I know for a fact that several other employees are looking around at other companies as well.

    Cons

    The management at Tree.com/LendingTree has no control over costs and they have no clear direction. They are trying to get back to their "startup" roots. This is code for " being cheap". Salaries are below industry average unless you are a top executive. The only way they can lure top executives to Tree is to pay them alot of money. There is high turnover at the entry, middle and executive levels. The CEO is also the Chairman. This is a huge conflict of interest, in my opinion. The CEO claims to have an open-door policy. He tries to act like a cool "startup" CEO by working out of a cubicle. The irony is that he never, EVER walks around and talks to employees and he is not a very approachable person.

    Advice to ManagementAdvice

    Stop being so arrogant and stubborn. Start being honest with your employees and stop screwing them when it comes to their pay. Also, don't talk bad/insult former employees when they leave the company. This is terrible for morale.

    Doesn't Recommend
    Disapproves of CEO
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  5.  

    AWESOME Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Account Executive  in  Charlotte, NC
    Current Employee - Account Executive in Charlotte, NC

    I have been working at LendingTree

    Pros

    Casual work environment
    Open door policy
    Encouraged to share ideas - not just lip service
    We work hard and play hard

    Cons

    Mortgage industry has been down, but things are looking up

    Advice to ManagementAdvice

    Keep on doing what you do

    Recommends
    Approves of CEO
  6.  

    LeadingTree is a great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Charlotte, NC
    Current Employee - Anonymous Employee in Charlotte, NC

    I have been working at LendingTree

    Pros

    - Great exchange of ideas
    - Opinions are respected
    - Feeling of accomplishment
    - Free beer!

    Cons

    - Salary is a little low but they make up for it in benefits and working enviroment

    Recommends
    Disapproves of CEO
  7.  

    Positive place to work with a healthy work hard, play hard mentality.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Charlotte, NC
    Current Employee - Anonymous Employee in Charlotte, NC

    I have been working at LendingTree

    Pros

    CEO always has an open door and I firmly believe that taking the initiative is rewarded in terms of increased levels of responsibility. This allows someone to grow quite quickly and there is plenty of opportunity to lead a wide array of initiatives.

    Cons

    Flat organization offers little room for advancement.

    Advice to ManagementAdvice

    Consistent reward structure that is measured quarterly and reported on at an individual level would further improve employee drive towards corporate goals. This should be measured in terms of a well known yearly plan. All those that execute against a plan are not necessarily those who create it, therefore the incentives of those solely executing need to mostly be tied to executing the plan regardless of the plans overall success.

    Recommends
    Approves of CEO
  8.  

    Fast moving company facing industry hardships

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Charlotte, NC
    Former Employee - Anonymous Employee in Charlotte, NC

    I worked at LendingTree

    Pros

    Mid--sized company. Fast paced. Tangible site.

    Cons

    Bottom line. Personnel and Resources lacking due to cuts.

    Advice to ManagementAdvice

    Set specific plans to achieve lofty performance goals

    No opinion of CEO
  9.  

    Good opportunity for career development and growth

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Charlotte, NC
    Current Employee - Anonymous Employee in Charlotte, NC

    I have been working at LendingTree

    Pros

    There are opportunities for growth if you're willing to work hard and take more responsibility. With discounted, on-site lunches, a casual atmosphere and a free on-site gym, it makes for a great work environment. It's clear that management cares about the employees.

    Cons

    There are frequent company-wide changes that can be hard to keep up with. However, there are a informative meetings where information is shared.

    Recommends
    Approves of CEO
  10. 1 person found this helpful  

    Not so hot anymore.....

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Charlotte, NC
    Current Employee - Anonymous Employee in Charlotte, NC

    I have been working at LendingTree

    Pros

    The co-workers are great. Willing to chip in whereever they feel they are needed.

    Cons

    Way too many politics lately and not enough concern regarding loosing good employees. Would rather spend the buck than save it and save jobs.

    Advice to ManagementAdvice

    Look at other ways to cut expenses instead of job cuts. There are other ways out of a slump, you just have to be open minded enough to find them.

    Disapproves of CEO
  11.  

    Fast and fun company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Irvine, CA
    Former Employee - Anonymous Employee in Irvine, CA

    I worked at LendingTree

    Pros

    Lots of great benefits and incentives for employees.

    Cons

    Lots of pressure and turnover monthly.

    Advice to ManagementAdvice

    Keep it fun and exciting.

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