Cal Bartyzal: And just last one for me. Can you just maybe extrapolate out personal loans a little bit between loans and credit repair? I’m just curious if personal loan side is just — obviously you guys put up strong growth rate, but just as it continues to maintain a strong trajectory despite tighter credit, higher lending rates, things like that?
Doug Valenti: Yes. We have a broad portfolio of lenders, and we have seen timing, just like everybody has over the past year or so, maybe a little bit more than a year. Now, I think that’s being offset by the fact that we do have a broad set of lenders that cover a lot of different credit bands, a lot of different types of loans. We’re continuing — we’re constantly expanding that, and we’ll continue to do so to make sure that we can serve a greater and greater number of consumers and media. We also have a, I would say, the best offerings of other solutions for consumers from credit repair to debt settlement, high quality providers of those services, and that can really help consumers do whatever their credit challenge might be.
And I think that that is a big part of our being able to better serve media because we have the opportunity to have a solution for more consumers. And it’s a big part of why we’ve done better than most of the other players in this market over the past year plus.
Operator: Our next question comes from the line of Dan Day with B. Riley Securities.
Dan Day: On the insurance side, I know you don’t provide like a quote request metric or anything along those lines, but just in general, like these rate hikes starting to get passed to consumers, I’d have to imagine that shopping activity is pretty active right now. I don’t know if there’s not kind of any demand to meet yet. So just anything directional you can provide on quote requests or any other relevant metrics you think are important that supply is there? We just need the demand to come back as you think it will in January?
Doug Valenti: Yes, Dan. I think you’re right on it. With all the rate increases, we’ve seen pretty significant increase in shopping consumers in auto and home insurance, as you would expect. People get the rate increases. They may think, gosh, maybe I can go get it cheaper somewhere else. That’s particularly exacerbated by the fact that you’ve got for some folks, big inflationary effects on other parts of — their personal income statement and a little bit of a slowing economy theoretically, although we had a pretty robust growth rate last quarter. So, I think it depends on the segment, but generally speaking, we are seeing increased shopping. I think one of the other companies in this space that they’re seeing record consumer shopping for insurance.
I don’t know if we’re seeing record, but if we’re not, we certainly are seeing a significant increase over a year ago, which was an increase over two years ago, all driven by the rate increases which have been averaging double-digit for a couple of years now, I think three years actually. So we are seeing a lot of shoppers. The problem is there are so many insurers that aren’t in market right now that those shoppers aren’t finding — aren’t finding what they’re looking for. And so, the quote — we’re getting a lot of requests or a lot of traffic, but you wouldn’t necessarily translate that into “quote requests” because there aren’t enough insurers in the market to match them and give them a quote request. So, it’s difficult to say how that metric would play out given the dynamics in the market, but the main metric that matters right now is shopping and shopping is up.
And it looks like based on what we’re hearing from carriers the next year, there’ll be a lot more alternatives for those shoppers and a lot more options for those shoppers, which will result in a heck of a lot more quotes and — quote requests and then quotes.
Dan Day: Just, second one on the M&A environment. You’ve been pretty quiet on this front for a while now. Just anything interesting out there, and just any areas you’d be looking to tackle on if there is something out there that presents itself?
