installment loans – La Prairie SHLM http://laprairie-shlm.com/ Thu, 17 Feb 2022 15:40:04 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://laprairie-shlm.com/wp-content/uploads/2021/12/icon-2-150x150.png installment loans – La Prairie SHLM http://laprairie-shlm.com/ 32 32 What Is Installment Loan? https://laprairie-shlm.com/what-is-installment-loan/ Sun, 30 Jan 2022 08:39:41 +0000 https://laprairie-shlm.com/?p=374 Installment credit is basically an installment credit that you can make regular monthly payments over a certain time. The loan will come with an interest charge, repayment period and charges that will impact the amount you are charged each month. The most popular kinds that are installment loans include mortgages, personal loans and auto loans. Similar to […]]]>

Installment credit is basically an installment credit that you can make regular monthly payments over a certain time. The loan will come with an interest charge, repayment period and charges that will impact the amount you are charged each month.

The most popular kinds that are installment loans include mortgages, personal loans and auto loans. Similar to other credit accounts paying on time for installment loans can help you maintain and build solid credit scores. It is your credit scores will dictate whether you’re eligible for an installment loans as well as your interest rates and terms should you qualify.

This is what you should be aware of regarding installment loans, how they operate as well as the way they affect your credit. Bridge Fast Cash can be your savior for your financial needs.

How do Installment Loans Work?

If you get the installment loans, you are borrowing an amount of money that is set and pay monthly installments in a certain amount until the loan is paid back.

An installment loan may be repaid over months or even years. The interest rate may be variable or fixed which means it could increase or decrease in the near future. Installment loans can also have additional fees attached like origination fees or late fees. It’s essential to review the loan agreement thoroughly prior to making an application for an installment loan so that you know the exact amount you’ll have to pay.

Common installment loans include:

  • Mortgage A mortgage is an unsecured loan that is used to purchase an investment property. The home acts as collateral, and if you’re not able to pay the lender can acquire the home. The majority of mortgages come with 10or 15or 30 year terms that have an adjustable or fixed rate of interest. Additionally, you’ll have to pay closing charges, fees and possibly private mortgage insurance in the event that your down payment does not cover less than 20 percent of the price of the property.
  • Auto loan like mortgages, car loan typically require an initial down payment. The higher the amount you deposit the more you pay, the less the installment loan you will receive. A car loan makes use of your car as collateral like a mortgage which means that your vehicle could be taken away if it isn’t pay back the loan in the manner agreed upon. The typical terms for car loans are 36 to 72 month, however, the longer term is becoming more frequent. At the beginning of the quarter of 2019 38% of the new loans for passenger vehicles included terms of between 61 and 72 months, as per Experian figures.
  • Personal loans Personal loans is a great option for a variety of reasons, such as the consolidation of debt, or financing home improvements. Personal loans are not secured which means they aren’t secured by collateral as mortgages or automobile loans are. This means that their interest rates are excessive, up to 36% depending of the credit scores. It is generally possible to take out an individual loan of between $1,000 and $50,000 with repayment times of between two and five years.

What is the difference between Revolving Credit and Installment Credit Different?

Contrary to an installment credit account A revolving credit card allows you to carry a balance over the course of a month. Home equity line of credit and mortgages are some examples of the revolving account.

With a revolving credit credit account you choose how much to charge each month and how much you’ll be able to repay. If you have an unpaid balance from month to month, the interest you pay will add to your amount.

While you’re not obliged to pay the entire amount each month The lender will give you an amount of credit, or the maximum amount you’re able to charge. It also will assign you a minimum monthly installment that can be altered based on the balance. If you don’t pay your bills or make payments late your credit score could be affected.

Do Installment Loans Help Build Credit?

Paying your installment loans punctually is among the most effective ways to improve as well as improve your credit. The payment history is the biggest source of credit scores and timely payments prove to lenders that you are a responsible credit user.

Although paying off an installment loan according to the terms agreed upon and fully can have a positive impact upon credit scores, paying off the loan earlier is unlikely to be much more beneficial than paying it off in time.

In contrast to a revolving credit card like credit card, when the installment loan is closed, it’s closed. An account that’s closed and in good standing will be in the credit report for 10 years and will be a benefit to your credit score.

The Bottom Line

Installment loans are a great way to attain certain of the most sought-after and desired financial goals, such as owning a home or automobile, as they allow you to repay an investment over a longer amount of time. Paying your installment loan in time and paying back the loan according to the terms agreed upon will improve your credit.

However, just like any other type of credit, it is best to look for loans that you truly require and look at your credit score prior to applying to find out what rates you’re likely to be eligible for. If you’re in need, spend some moments in order to improve your credit score before applying to ensure you receive the highest rate and terms that are possible.

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Home equity is at an all-time high. 6 Ways to Get the Lowest Rate on a Home Loan Now https://laprairie-shlm.com/home-equity-is-at-an-all-time-high-6-ways-to-get-the-lowest-rate-on-a-home-loan-now/ Fri, 28 Jan 2022 11:39:00 +0000 https://laprairie-shlm.com/home-equity-is-at-an-all-time-high-6-ways-to-get-the-lowest-rate-on-a-home-loan-now/ Getty Images/iStockphoto According to data firm Black Knight, exploitable home equity is now at an all-time high, thanks to rising home prices. This leads some homeowners to consider a home equity loan, which allows you to borrow money based on the value of your home. These loans typically offer fixed interest rates that tend to […]]]>

Getty Images/iStockphoto

According to data firm Black Knight, exploitable home equity is now at an all-time high, thanks to rising home prices. This leads some homeowners to consider a home equity loan, which allows you to borrow money based on the value of your home. These loans typically offer fixed interest rates that tend to be lower than credit card and personal loan rates. Indeed, some home equity rates are now hovering around 4%.

You usually get this money in a lump sum, and experts advise that home equity loans are best suited to pay for home improvements, debt consolidation, emergency expenses and business expenses, rather than discretionary items. like a vacation. This guide, from MarketWatch Picks, can help you decide if a home equity loan is right for you. And below, we asked experts about the best ways to get the lowest rates on home equity loans.

Increase your credit score

If your credit score doesn’t meet the minimum requirements (which are usually around 620), there are things you can do to get approved for a refinance. “First, you can look for a lender who has less stringent credit requirements. Just because one lender hasn’t approved your refinance doesn’t mean all other lenders will do the same,” says Jacob Channel, principal economics analyst at LendingTree. Just be aware that a low credit score will impact the interest rate you pay on the loan.

Even if you qualify for a home equity loan, it’s quite possible that increasing your credit score will earn you an even better interest rate (for the best rates, lenders may look for scores above 740) . To increase your credit score, make monthly payments on time and pay off debts to lower your credit utilization rate, advises Channel.

Make sure you have a low debt ratio

Your debt-to-equity ratio, or DTI, is simply your monthly debt payments (mortgage, credit card payments, car, student or personal loans, child support, etc.) divided by your gross monthly income. So if your monthly debt is $2,500 and your gross monthly income is $7,000, your DTI ratio is about 36% ($2,500/$7,000 = 0.357). DTI requirements vary among lenders, but they often look for a DTI of 43% or less.

Greg McBride, chief financial analyst at Bankrate, explains that because home equity loans are installment loans, where you borrow a set amount of money all at once and then repay the loan over a fixed number of payments, with a low debt ratio and sufficient income to meet the monthly payments is the key. Other important financial factors to consider when applying for a home equity loan include sufficient income, a reliable payment history, and good credit.

The more equity you have, the better

“The more equity you have, the better off you will be. Aim to keep at least a 20% untapped stake and even more can get you a better deal,” says McBride. To determine the equity in your home, subtract the amount you owe on all loans from the appraised value of the home.

Shop around for quotes from at least 3-5 lenders

“Most of them post their home loan rates on their websites. You need to know the approximate value of your home, how much you want to borrow, and how many years you want to pay back,” says Holden Lewis, real estate and mortgage expert at NerdWallet. Don’t overlook your current bank either, having an existing account there can mean you’re eligible for promotions or discounts.

“Closing fees and costs can vary between lenders, so it’s important to compare annual percentage rates (APRs) and one-time fees and costs side-by-side,” says Paul Appleton, head of consumer loans at Union Bank. Often, home equity loan closing costs include origination fees, appraisal fees, credit report fees, insurance fees, application and deposit fees, title fees and taxes, which typically range between 2% and 5% of the total loan amount, according to LendingTree.

Choose a shorter term

Denny Ceizyk, senior writer at LendingTree, says the same factors that impact HELOCs affect home equity loans, although home equity lenders may set the bar slightly lower for credit scores, especially if you have more equity in your home. “You are likely to get a lower rate if you choose a shorter term loan, terms for home equity loans range from five to 15 years, although some home equity lenders offer terms of up to 30 years “, explains Ceizyk.

Learn about other types of loans

If a home equity loan costs more than you are willing to spend, it might be worth considering a home equity line of credit (HELOC) or personal loan, depending on how much you need to borrow and what you need. use. the money for.

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Synchrony Reports Fourth Quarter 2021 Results https://laprairie-shlm.com/synchrony-reports-fourth-quarter-2021-results/ Fri, 28 Jan 2022 11:00:00 +0000 https://laprairie-shlm.com/synchrony-reports-fourth-quarter-2021-results/ STAMFORD, Conn.Jan. 28, 2022 /PRNewswire/ — Synchrony Financial (NYSE: SYF) today announced its fourth quarter 2021 results for the period ending December 31, 2021. The earnings press release, financial tables and documents related are available on the company’s website. Investor Relations website at https://investors.synchrony.com/financial-results. Today at 8:00 a.m. Eastern TimeBrian Doubles, President and CEO, and […]]]>

STAMFORD, Conn.Jan. 28, 2022 /PRNewswire/ — Synchrony Financial (NYSE: SYF) today announced its fourth quarter 2021 results for the period ending December 31, 2021. The earnings press release, financial tables and documents related are available on the company’s website. Investor Relations website at https://investors.synchrony.com/financial-results.

Today at 8:00 a.m. Eastern TimeBrian Doubles, President and CEO, and Brian Wenzel Sr., executive vice president and chief financial officer, will host a conference call to review financial results and outlook for select business drivers. The conference call can be accessed via audio webcast on the Investor Relations website at www.investors.synchronyfinancial.com, under Events and Presentations. A replay will also be available on the site.

About synchronization
Synchrony (NYSE: SYF) is a leading consumer financial services company. We offer a wide range of specialized financing programs, as well as innovative consumer banking products, in key sectors such as digital, retail, home, automotive, travel, health and pets of company. Synchrony enables our partners to increase sales and retain consumers. We are one of the largest private label credit card issuers in United States; we also offer co-branded products, installment loans and consumer finance products for small and medium-sized businesses, as well as healthcare providers.

Synchrony changes what is possible through our digital capabilities, deep industry expertise, actionable data insights, seamless customer experience, and customized financing solutions.

For more information, visit www.synchrony.com and Twitter: @Synchrony

Investor Relations
Catherine Miller
(203) 585-6291
[email protected]

Media Relations
Lisa Lanspery
(203) 585-6143
[email protected]

SOURCE Synchrony Financial

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Fiscal expectations: Freeing up credit unions https://laprairie-shlm.com/fiscal-expectations-freeing-up-credit-unions/ Fri, 28 Jan 2022 06:28:33 +0000 https://laprairie-shlm.com/fiscal-expectations-freeing-up-credit-unions/ By Jyotindra Mehta, President of Nafcub Cooperative credit societies are supposed to provide facilities to their members in the same way as in the case of banks and therefore they accept deposits from members in cash and also refund cash deposits. The society is also required to provide cash loans to its members to meet […]]]>

By Jyotindra Mehta, President of Nafcub

Cooperative credit societies are supposed to provide facilities to their members in the same way as in the case of banks and therefore they accept deposits from members in cash and also refund cash deposits.

The society is also required to provide cash loans to its members to meet immediate needs. But pursuant to Section 269SS, no person, subject to certain exceptions, may accept loans or deposits of money other than by check or draft from the beneficiary of the account and in the same manner as Section 269T of the Income Tax Act. The deposit can only be refunded by check or draft. The applicability of sections 269SS and 269T is not only limited to single cash transactions of Rs.20,000/- but it even covers all cash transactions that exceed Rs.20,000/-.

Banks are exempt from Sections 269SS and 269T and therefore banks accept and refund cash deposits. But cooperative credit societies are not on the Sec’s list of exceptions. 269SS and 269T. Cooperative credit societies are subject to the control of the registrar of cooperatives and also subject to audit by an auditor appointed by the cooperative department of the state government. All members’ KYC documents must be obtained by the company and if the company is found guilty of accepting a deposit without KYC, a tax may be levied on that cash deposit u/s 68.

The intent of Sections 269SS and 269T is only to limit the practice of mirroring huge cash deposits found during search actions. Thus, the application of sections 269SS and 269T to cooperative credit societies is not consistent with the intent of the law.

It is therefore suggested that co-operative societies be treated the same as co-operative banks for this purpose and that co-operative credit societies be added to the exceptions provided for in item (b) of the first conditional clause of Section 269SS and the exceptions provided for in point (ii) of the second reservation in article 269T.

The cooperative society grants loans of more than 2 lacs to its members and the repayment of the loan is made by the members in cash, even through installments of less than 2 lacs and in all these situations a violation of Article 269ST occurs. Cash recovery from installment loans is essential for financial business, but due to Sec. 269ST makes it difficult for the credit society to do credit facility business with members.

It should be mentioned that cooperative banks are covered as an exception to article no. (i)(b) of the proviso of Section 269ST of the Income Tax Act, but cooperative societies are not included in the exceptions. Thus, the inclusion of the cooperative society with the cooperative banks should be made and eliminate undue hardship on the credit society by treating them on an equal footing with the cooperative banks.

Alternatively, the government can issue a notification as the government is empowered by article no. (iii) subject to s. 269ST and the government may exclude any class of persons from the applicability of the provisions of 269ST.

Also, in most cases of co-operative corporations, the GST liability arises from a very nominal amount on the collection of service charges from members, which is a meager sum. Since co-operative corporations have interest as the dominant income over these small charges, these corporations are required to charge GST only on these small charges. Note that interest income is classified as exempt supplies under entry no. 27 of Notification no. 12/2017- Central Tax (Rate). This notification prescribed the list of services exempt from GST.

Since interest is covered by the service notification exemption, no GST should be charged on such interest. However, since interest is defined as a “supply” covered by the scope of supply, the same is counted in the company’s annual turnover.

Now, since cooperative credit societies have mostly interest income and very minimal amounts of service charges etc. of their members, they are still required to obtain GST registration as their annual turnover including such interest (which is otherwise exempt as stated above) generally exceeds the prescribed amount of Rs. 40 .00 lakes. If the companies only have interest income of less than Rs. 40 lakhs, they are not required to register taking advantage of the Sec. 23(1)(a) of the CGST Act because it engages exclusively in the supply of services totally exempt from tax.

But due to the nominal amounts of member service fees (which are taxable) primarily in the nature of reimbursement or set-off, corporations are required to obtain GST registration pursuant to Sec. 22 and comply with all filing requirements for various returns under the GST Act. In the event of non-payment, heavy late fees and penalties are levied. It is therefore an undue hardship for society without any revenue for the government.

Thus, to remove this difficulty, the government can issue a notification under Art. 23(2) or alternatively, the government may consider issuing a notification to the United States. 9(3) and including the services of Co-op. credit company in the category of taxable services on which tax must be paid) on the basis of reverse charge by the recipient of the service. This will relieve corporations of onerous GST obligations and the burden of paying GST will pass to the recipient of services whose amounts are very minimal.

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How to find a reputable personal loan company online https://laprairie-shlm.com/how-to-find-a-reputable-personal-loan-company-online/ Thu, 27 Jan 2022 14:41:52 +0000 https://laprairie-shlm.com/how-to-find-a-reputable-personal-loan-company-online/ Do you need a personal loan but don’t know where to start? Do not worry. You’re not alone. With so many online lenders, it can be difficult to determine which one is right for you. This is why this article will share some tips for finding a reputable personal loan company online. So whether you […]]]>

Do you need a personal loan but don’t know where to start? Do not worry. You’re not alone. With so many online lenders, it can be difficult to determine which one is right for you. This is why this article will share some tips for finding a reputable personal loan company online. So whether you need a loan for medical bills, home repairs, or want some extra cash, keep reading for the best advice.

Do research before applying

It’s also a good idea to do some research before applying for a personal loan. This way you can be sure that you are get the best deal possible. There are a few things you can do to achieve this:

  • Compare interest rates from different lenders.
  • Look for companies with no set-up fees or prepayment penalties.
  • Read the fine print. Make sure you fully understand all the terms and conditions of the loan before signing anything.

By taking the time to do your research, you can ensure that you are getting a personal loan from a reputable company. And, ultimately, that’s what you want to have peace of mind knowing you’re dealing with a reputable lender.

Check their credit requirements

Different companies have different credit requirements, so you will need to know in advance what they are. Some will require a lower credit score than others while offering the same type of loan. If you have bad credit, it can be difficult to get a loan. However, you have options. You can get a loan with bad credit if you need money fast and don’t want to wait for a traditional loan. There are several different types of bad credit loan companies, so it’s essential to do your research before deciding which one is right for you.

Know what the interest rates are

Another important thing you need to know is the amount of interest rates that will cost you, which will vary from company to company and type of loan to loan. If they don’t post their rates on their website, there’s a good reason. Never borrow money without knowing how much interest you will pay. Interest can accumulate very quickly depending on the rate making the loan unpayable. Hidden interest charges can be one of the most common ways lenders trick people.

Ask for a recommendation

If you don’t know where to start, you can always ask a friend or family member for a recommendation. They may have had a good experience with a specific company and be able to recommend it to you. Alternatively, if you know someone who has recently taken out a personal loan, they may be able to advise you on which company to choose. Either way, it’s always helpful to get recommendations from people who have gone through the process before. This will help you save time and energy searching for the right company.

It should offer affordable payment methods

A reputable company should offer installment loans. This will help ensure you have more time to pay off your loan and make affordable monthly payments. Moreover, the best installment loans often come with lower interest rates than other types of loans. So, if you are looking for a reputable company to borrow from, be sure to check out this feature. It could save you money in the long run.

Look at more than the interest rate

While you want to find a reputable personal loan company with low interest rates, that doesn’t mean you have to choose the cheapest option. Sometimes loans aren’t worth it because they come with too high fees and other rates. Only take out a loan with the cheapest rates if there are no fees. Otherwise, you risk paying more than double what you have to pay.

Read reviews online

Reading reviews can give you an idea of ​​other people’s experiences with different companies. If you see a lot of negative reviews, it may mean that the company is not reputable. However, it is important to note that all negative aspects Comments are accurate. Some people may leave bad reviews because they didn’t understand their loan terms or had a bad customer service experience. Also, be sure to check the Better Business Bureau (BBB) ​​website for information on specific companies. The BBB is an organization that rates companies based on their customer satisfaction and complaint history. So if you’re looking for a reliable company, the BBB is a great resource to check out.

When choosing a personal loan company, it is essential to do your research. Not all companies are created equal and some are more reputable than others. By reading online reviews, asking for recommendations, and checking credit requirements, you can narrow your search and find a reputable company that’s right for you.

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5 ways to save more money in the new year https://laprairie-shlm.com/5-ways-to-save-more-money-in-the-new-year/ Thu, 27 Jan 2022 14:04:13 +0000 https://laprairie-shlm.com/5-ways-to-save-more-money-in-the-new-year/ LOS ANGELES – January 27, 2022 – (Newswire.com) iQuanti: Saving more money is a common New Year’s resolution. But many people who express a desire to save more may not know good ways to do so. Luckily, saving money can be easy if you just change your habits. Here are 5 ways to save money […]]]>

LOS ANGELES – January 27, 2022 – (Newswire.com)

iQuanti: Saving more money is a common New Year’s resolution. But many people who express a desire to save more may not know good ways to do so. Luckily, saving money can be easy if you just change your habits. Here are 5 ways to save money for the New Year:

1. Pay yourself first.

Have you ever noticed that when you wait until the end of the month to save, there seems to be nothing left in your bank account? Paying yourself first means taking money out of your paycheck and setting it aside for savings. Then what’s left is yours to spend. This approach gives you peace of mind that you can add to your savings no matter what happens during the month.

2. Reduce subscriptions.

Many families take pride in lowering their cable bill by switching to streaming services. But the financial reality is that having too many streaming services or other monthly subscriptions can cost just as much, if not more.

If you know you’ve gone subscription crazy, create a list of all current monthly subscription services, TV or otherwise. Then prioritize based on which ones you actually use. Be ruthless when reducing. Then, transfer the saved money directly to your savings account.

3. Increase contributions to tax-advantaged savings accounts.

Savings that go into a tax-advantaged account, like a company-sponsored 401(k) plan, may actually benefit you more than savings that go into a regular savings account. If you’re not already doing so, make sure you contribute enough to your company’s pension plan to get the match from your employer.

If you already contribute to a tax-advantaged savings account, commit to saving an additional 1% this year. Then, next year, do it again. These small savings will accumulate over time and allow you to have a successful retirement later in life.

4. Put credit card rewards directly into savings.

Many credit cards now offer rewards points in one form or another. If you used a cashback credit card to earn rewards, start funneling that money straight into savings. At the end of each month, choose to send those savings directly to the bank instead of spending them on gift cards or statement credit.

5. Think about apps that help you save money automatically.

Money-saving apps like Digit or Acorns can help you save a few dollars a week without you realizing it. Just setting aside $5 a day every working day can lead to huge savings. Over a year, just an extra $25 each week can add up to $1,300. Then, at the end of the year, you can use those savings to accumulate and reach your savings goals.

Alternatives to consider if you need cash fast

Saving money takes consistency, and it takes a little time. But if you need quick access to cash, whether it’s to cover bills or a sudden emergency, there are loan options to consider. For example, if you have a steady income, you might want to consider a cash advance that you can repay with an upcoming paycheck. Then, once you’ve paid off the loan, you can kick into savings mode.

Installment loans and lines of credit are two other loan options to consider. These options can be better than cash advances when you need access to more cash. An installment loan, like a personal loan, can be a low-interest loan option with predictable monthly payments. And a line of credit can give you continued access to money up to your credit limit.

If you are unsure which loan option is best for you, research the most reputable lenders, eligibility criteria, and interest rates. Then choose the loan that can get you the amount you need with the loan terms that suit your situation.

The bottom line

The New Year is the perfect time to start fresh and resolve to save more money. Making small changes like paying yourself first, reducing subscriptions, increasing pension contributions, sending credit card rewards to savings, and using automatic savings apps can all help you reach your savings goals. faster. But if you still need money now, considering loan options like cash advances, installment loans, or lines of credit might be a smart move.

Notice: The information provided in this article is provided for guidance only. Consult your financial advisor about your financial situation.

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5 ways to save more money in the new year

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Synchrony Earns Top Score for Business Equality Index Seven Years in a Row | national news https://laprairie-shlm.com/synchrony-earns-top-score-for-business-equality-index-seven-years-in-a-row-national-news/ Thu, 27 Jan 2022 14:03:00 +0000 https://laprairie-shlm.com/synchrony-earns-top-score-for-business-equality-index-seven-years-in-a-row-national-news/ STAMFORD, Conn., January 27, 2022 /PRNewswire/ — Synchrony proudly announced that it has received a perfect score of 100 on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index (CEI), the nation’s largest benchmarking survey and the report measuring corporate policies and practices related to LGBTQ+ equality in the workplace. This is the seventh consecutive […]]]>

STAMFORD, Conn., January 27, 2022 /PRNewswire/ — Synchrony proudly announced that it has received a perfect score of 100 on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index (CEI), the nation’s largest benchmarking survey and the report measuring corporate policies and practices related to LGBTQ+ equality in the workplace. This is the seventh consecutive year that Synchrony’s commitment to LGBTQ+ diversity and inclusion has been recognized by the company’s highest score, earning designation as one of the “Best Workplaces for LGBTQ+ Equality “.

“Equity, diversity and inclusion are at the heart of our culture and it’s how we operate.”

“Now more than ever, it is essential that we continue to develop and sustain a culture that welcomes, values ​​and celebrates all experiences and perspectives,” said Michael Matthews, Director of Diversity and Corporate Responsibility at Synchrony. “Equity, diversity and inclusion are at the heart of our culture and it’s how we operate. We are grateful to be recognized for our continued commitment as the best workplace for LGBTQ+ equality. “

Synchrony cultivates a diverse and inclusive workplace through its eight diversity networks, with more than 10,000 employees actively working in these employee resource groups to help attract, retain and develop diverse talent. Through the company’s LGBT+ network, thousands of employees help cultivate an environment where individuals can thrive, be authentic themselves, and help advocate for LGBTQ+ people in the communities and markets we serve.

In 2002, the first year of the IEC, only 13 companies obtained the highest score, demonstrating the incredible impact that the IEC has had on the business world during its 20 years of existence. This year’s IEC reflects growth in all measurement categories, from the adoption of inclusive non-discrimination policies to equitable health care benefits for transgender employees.

“When the Human Rights Campaign Foundation created the Corporate Equality Index 20 years ago, we dreamed that LGBTQ+ workers, from the factory floor to the corporate office, in big cities and small towns, would have access to the policies and benefits needed to thrive and live authentically,” said Jay Brown, senior vice president of programs, research and training for the Human Rights Campaign. “We are proud that the Corporate Equality Index has paved the way for this reality for countless LGBTQ+ workers in America and abroad. But there is still more to do, which is why we are still raising a times the bar to create more equitable workplaces and a better tomorrow for LGBTQ+ workers everywhere. Congratulations to Synchrony for earning the title of “Best Workplaces for LGBTQ+ Equality” and working to advance the inclusion in the workplace.”

As part of the IEC 2022, Synchrony was evaluated on policies and practices on four key pillars: non-discrimination policies in business entities, equitable benefits for LGBTQ+ workers and their families, support for a inclusive culture and corporate social responsibility. Synchrony’s commitment and policies met all IEC criteria.

The full report is available online at www.hrc.org/cei.

About the Human Rights Campaign Foundation

The Human Rights Campaign Foundation is the educational arm of the Human Rights Campaign (HRC), America’s largest civil rights organization working for equality for lesbian, gay, bisexual, transgender, and queer (LGBTQ+) people. Through its programs, the HRC Foundation seeks to bring about transformational change in the daily lives of LGBTQ+ people, bringing to light inequalities and deepening public understanding of LGBTQ+ issues, with a clear focus on promoting transgender and racial justice. His work has transformed the landscape for over 15 million workers, 11 million students, 1 million clients in the adoption and foster care system and more. The HRC Foundation provides direct consultation and technical assistance to institutions and communities, promoting the advancement of inclusive policies and practices; it builds the capacity of future leaders and allies through scholarship and training programs; and, with the firm belief that we are stronger working together, he forges partnerships with advocates in the United States and around the world to increase our impact and shape the future of our work.

About synchronization

Synchrony (NYSE: SYF) is a leading consumer financial services company. We offer a wide range of specialized financing programs, as well as innovative consumer banking products, in key sectors such as digital, retail, home, automotive, travel, health and pets of company. Synchrony enables our partners to increase sales and retain consumers. We are one of the largest private label credit card issuers in United States; we also offer co-branded products, installment loans and consumer finance products for small and medium-sized businesses, as well as healthcare providers.

Synchrony changes what is possible through our digital capabilities, deep industry expertise, actionable data insights, seamless customer experience, and customized financing solutions.

For more information, visit www.synchrony.com and Twitter: @Synchrony.

Media Contact

Angie Hu

angie.hu@syf.com

View original content for multimedia download: https://www.prnewswire.com/news-releases/synchrony-earns-top-score-for-corporate-equality-index-seven-years-in-a-row-301469168 .html

SOURCE Synchrony Financial

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Salisbury Bancorp – Consensus indicates 6.5% upside potential https://laprairie-shlm.com/salisbury-bancorp-consensus-indicates-6-5-upside-potential/ Thu, 27 Jan 2022 13:06:09 +0000 https://laprairie-shlm.com/salisbury-bancorp-consensus-indicates-6-5-upside-potential/ Salisbury Bancorp with the ticker code (SAL) now have 2 analysts covering the stock with the consensus suggesting a buy rating. The target price ranges between 41.5 and 40 with an average TP of 40.75. Together with the stock’s previous close at 38.25, this indicates that there is upside potential of 6.5%. There is a […]]]>

Salisbury Bancorp with the ticker code (SAL) now have 2 analysts covering the stock with the consensus suggesting a buy rating. The target price ranges between 41.5 and 40 with an average TP of 40.75. Together with the stock’s previous close at 38.25, this indicates that there is upside potential of 6.5%. There is a 50-day moving average of 38.79 while the 200-day moving average is 37.25. The company has a market capitalization of $109 million. Visit the company’s website at: http://www.salisburybank.com

The potential market capitalization would be $116 million based on market consensus.

You can now share it on Stocktwits, just click on the logo below and add the ticker in the text to be seen.

Salisbury Bancorp operates as a bank holding company for Salisbury Bank and Trust Company which provides commercial banking, consumer finance, retail banking, and trust and wealth advisory services. It offers various deposit products to individuals and businesses. The company also provides loans, such as residential and commercial real estate loans; building loans; business loans; and consumer loans, including home equity loans and lines of credit, as well as auto and personal installment loans. In addition, it offers a range of fiduciary services, including trust and estate administration, wealth advice and investment management services to individuals, families, businesses and institutions. In addition, the Company provides additional depositor-related services, including landlord/tenant accounts and lease guarantee services, merchant services, payroll services, ATM services, telephone banking, Internet banking, Internet bill payment services, person-to-person payments, bank-to-bank wire transfers, mobile banking with remote deposit and online financial management with account aggregation services, as well as cash management services, including remote deposit capture, ACH issuance, wire transfers and positive pay services. It operates through a network of fourteen banking offices and ten ATMs located in Litchfield County, Connecticut; Dutchess, Orange, and Ulster Counties, New York; and Berkshire County, Massachusetts. Salisbury Bancorp was founded in 1998 and is based in Lakeville, Connecticut.

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Lakeland Bancorp, Inc. Expected to Post First Quarter 2022 Earnings of $0.37 Per Share (NASDAQ: LBAI) https://laprairie-shlm.com/lakeland-bancorp-inc-expected-to-post-first-quarter-2022-earnings-of-0-37-per-share-nasdaq-lbai/ Thu, 27 Jan 2022 12:47:14 +0000 https://laprairie-shlm.com/lakeland-bancorp-inc-expected-to-post-first-quarter-2022-earnings-of-0-37-per-share-nasdaq-lbai/ Lakeland Bancorp, Inc. (NASDAQ:LBAI) – Equity researchers Boenning Scattergood released their first-quarter 2022 earnings estimates for Lakeland Bancorp shares in a report released Wednesday, January 26. Boenning Scattergood analyst E. Zwick expects the financial services provider to post earnings of $0.37 per share for the quarter. Boenning Scattergood also released estimates for Lakeland Bancorp Q2 […]]]>

Lakeland Bancorp, Inc. (NASDAQ:LBAI) – Equity researchers Boenning Scattergood released their first-quarter 2022 earnings estimates for Lakeland Bancorp shares in a report released Wednesday, January 26. Boenning Scattergood analyst E. Zwick expects the financial services provider to post earnings of $0.37 per share for the quarter. Boenning Scattergood also released estimates for Lakeland Bancorp Q2 2022 earnings at $0.45 EPS, Q3 2022 earnings at $0.46 EPS, Q4 2022 earnings at $0.47 EPS and earnings for fiscal year 2023 at $1.75 EPS. Lakeland Bancorp Inc (NASDAQ:LBAI) last reported results on Tuesday, January 25. The financial services provider reported earnings per share (EPS) of $0.45 for the quarter, beating the Zacks consensus estimate of $0.42 by $0.03. Lakeland Bancorp had a return on equity of 11.67% and a net margin of 32.78%. In the same period a year earlier, the company had earned earnings per share of $0.37.

Separately, Zacks Investment Research downgraded Lakeland Bancorp’s rating from a “hold” rating to a “sell” rating in a report on Wednesday, October 27.

Shares of LBAI opened at $19.32 on Thursday. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt ratio of 0.26. The company has a 50-day moving average price of $18.96 and a two-hundred-day moving average price of $17.81. Lakeland Bancorp has a 12-month low of $12.79 and a 12-month high of $20.69. The company has a market capitalization of $977.71 million, a P/E ratio of 10.85 and a beta of 0.92.

Several institutional investors and hedge funds have recently increased or reduced their stake in the company. FJ Capital Management LLC increased its holdings of Lakeland Bancorp shares by 40.3% in Q3. FJ Capital Management LLC now owns 3,099,000 shares of the financial services provider valued at $54,638,000 after acquiring an additional 890,000 shares in the last quarter. State Street Corp increased its position in Lakeland Bancorp by 14.2% in the second quarter. State Street Corp now owns 1,402,447 shares of the financial services provider worth $24,515,000 after purchasing an additional 174,669 shares during the period. Two Sigma Advisers LP increased its position in Lakeland Bancorp by 231.1% in Q3. Two Sigma Advisers LP now owns 202,726 shares of the financial services provider worth $3,574,000 after purchasing an additional 141,500 shares during the period. John W. Rosenthal Capital Management Inc. acquired a new stake in Lakeland Bancorp in Q3 worth approximately $1,854,000. Finally, Fuller & Thaler Asset Management Inc. raised its position in Lakeland Bancorp by 22.8% in the third quarter. Fuller & Thaler Asset Management Inc. now owns 468,905 shares of the financial services provider worth $8,267,000 after purchasing an additional 87,087 shares during the period. 62.07% of the shares are held by institutional investors and hedge funds.

(A d)

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Lakeland Bancorp Company Profile

Lakeland Bancorp, Inc is a bank holding company that provides lending, depository and related financial services. Its consumer banking services include checking accounts, savings accounts, interest-bearing checking accounts, money market accounts, certificates of deposit, internet banking, secured and unsecured loans, installment loans consumer products, mortgages and safe deposit services.

Recommended Story: Diversification for Individual Investors

Earnings history and estimates for Lakeland Bancorp (NASDAQ:LBAI)

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

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Freedom Financial Network Announces Closing of $233 Million Securitization Transaction with AAA Ratings from DBRS, Kroll | https://laprairie-shlm.com/freedom-financial-network-announces-closing-of-233-million-securitization-transaction-with-aaa-ratings-from-dbrs-kroll/ Wed, 26 Jan 2022 18:00:00 +0000 https://laprairie-shlm.com/freedom-financial-network-announces-closing-of-233-million-securitization-transaction-with-aaa-ratings-from-dbrs-kroll/ SAN MATEO, Calif., January 26, 2022 /PRNewswire/ — Freedom Financial Network (FFN), a leading digital personal finance company, is pleased to announce the closing of a securitization transaction consisting of $232.89 million in rated notes backed by FreedomPlus personal loans. The securitization, FREED ABS Trust 2022-1FP, was oversubscribed 3.5 times by investors and is Freedom’s […]]]>

SAN MATEO, Calif., January 26, 2022 /PRNewswire/ — Freedom Financial Network (FFN), a leading digital personal finance company, is pleased to announce the closing of a securitization transaction consisting of $232.89 million in rated notes backed by FreedomPlus personal loans.

The securitization, FREED ABS Trust 2022-1FP, was oversubscribed 3.5 times by investors and is Freedom’s first transaction to receive a AAA rating from DBRS Morningstar and the third to receive a AAA rating from Kroll Bond Rating Agency (KBRA ). The underlying FreedomPlus loans were issued by banking partners To cross River bank® and MetaBank®N / A on the Freedom Financial Asset Management (FFAM) platform. FreedomPlus Loans help consumers consolidate debt, reduce interest rates and convert revolving debt into cheaper, more consumer-friendly installment loans.

“Receiving AAA ratings from two rating agencies illustrates the strength of our strong credit enhancements and FFAM’s unique expertise in FreedomPlus personal loans,” said Joseph Toms, Chairman and Investment Director of the FFAM. “We look forward to continuing to help consumers achieve their personal financial goals, while offering attractive products to investors.”

The Fixed Rate Notes in Classes A, B, C and D have been rated AAA (sf), AA- (sf), A- (sf) and BBB- (sf) by KBRA. Class A, Class B and Class C Fixed Rate Notes have been rated AAA (fs), AA (fs) and A (low) (fs) by DBRS Morningstar. The Class D Notes have not been rated by DBRS.

“This transaction confirms that we are succeeding in our mission to help ordinary people overcome their debts and improve their financial prospects,” said André Housser, co-founder and co-CEO of FFN. “We are encouraged by strong consumer and investor demand for our unique products and approach.”

The collateral for the transaction was Credit Suisse, acting as structuring agent and joint bookrunner; Jefferies, co-editor of the book; and Truist Securities, associate bookrunner. The transaction structure includes overcollateralisation, subordination, reserve fund and excess margin, providing the following levels of credit enhancement:

Class A tickets: 58.75%

Class B tickets: 37.75%

Category C tickets: 28.25%

Category D tickets: 15%

The deal is the 11th securitization of the Freedom Consumer Credit Fund (FCCF) and its FREED ABS Trust, bringing the total issuance of all securitizations to more than $3.2 billion. Total loans issued through the FFAM platform now exceed $6.1 billionof which more than $4.5 billion in FreedomPlus personal loans. FFAM, an FFN company, is the managing member of the FCCF.

About Freedom Financial Network

Liberty Financial Network is a leading digital personal finance company built to help people. We do what traditional banks don’t: put people first. We believe in treating people like people, not like account numbers. We help everyday people borrow and stay on the path to a better financial future, with innovative technology and personalized support every step of the way. We help people control their spending, manage their debts (Debt Relief Freedom), save money, plan ahead, and make better financial decisions. By leveraging our proprietary data and analytics and artificial intelligence, we are able to offer solutions tailored to every stage of a consumer’s financial journey, including personal loans, home equity loans, l debt help and even financial tools and education (Bills.com).

For more information on career opportunities at FFN, visit: https://jobs.freedomfinancialnetwork.com/

About Cross River Bank

Cross River is a rapidly growing financial services organization that fuses the forward-thinking offerings of a technology company with the established expertise and traditional services of a bank. Since its inception in 2008, Cross River has developed strategic partnerships with leading technology companies, market lenders and payment providers, while emphasizing regulatory compliance and consumer protection. Cross River provides a highly secure, API-based banking platform and comprehensive product suite spanning lending, payments, risk management and banking-as-a-service (BaaS) offerings to deliver responsible financial solutions that empower businesses and consumers anytime, anywhere. To cross River bank is a New Jersey state-chartered FDIC-insured bank. For more information, please visit the Cross River website at www.crossriver.com or Twitter @crossriverbank.

About Meta Financial Group, Inc.®

Meta Financial Group, Inc.® (“Meta”) (Nasdaq: CASH) is a South Dakotafinancial holding company. At Meta, our mission is financial inclusion for all®. Via our subsidiary, MetaBank®, NA, we strive to remove barriers to financial access and promote economic mobility by working with third parties to provide responsible, safe, and high-quality financial products that contribute to the social and economic benefits of communities at the heart of the real economy. Meta works to increase financial availability, choice and opportunity for all. Additional information can be found by visiting www.metafinancialgroup.com.

View original content: https://www.prnewswire.com/news-releases/freedom-financial-network-announces-close-of-233m-securitization-with-aaa-ratings-from-dbrs-kroll-301468898.html

SOURCE Freedom Financial Network

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