Medical budget – Rhinoplasty Digest http://rhinoplastydigest.com/ Wed, 05 Oct 2022 23:14:58 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://rhinoplastydigest.com/wp-content/uploads/2021/07/icon-2021-07-08T154233.528.png Medical budget – Rhinoplasty Digest http://rhinoplastydigest.com/ 32 32 Piper Sandler lowers Washington Trust Bancorp (NASDAQ:WASH) price target to $53.00 https://rhinoplastydigest.com/piper-sandler-lowers-washington-trust-bancorp-nasdaqwash-price-target-to-53-00/ Wed, 05 Oct 2022 21:23:22 +0000 https://rhinoplastydigest.com/piper-sandler-lowers-washington-trust-bancorp-nasdaqwash-price-target-to-53-00/ Washington Trust Bancorp (NASDAQ:WASH – Get an Assessment) had its price target reduced by Piper Sandler to $53.00 in a research report released Wednesday, Stock Target Advisor reports. Piper Sandler’s price target would point to a potential upside of 9.44% from the company’s previous close. WASH has been the subject of a number of other […]]]>

Washington Trust Bancorp (NASDAQ:WASH – Get an Assessment) had its price target reduced by Piper Sandler to $53.00 in a research report released Wednesday, Stock Target Advisor reports. Piper Sandler’s price target would point to a potential upside of 9.44% from the company’s previous close.

WASH has been the subject of a number of other research reports. StockNews.com upgraded Washington Trust Bancorp shares from a “sell” rating to a “hold” rating in a Monday, July 18 research rating. Compass Point raised its price target on shares of Washington Trust Bancorp to $60.00 and gave the stock an “outperform” rating in a Wednesday, July 27, report.

Washington Trust Bancorp trades down 0.3%

Shares of WASH traded down $0.14 during trading hours on Wednesday, hitting $48.43. 37,406 shares of the company were traded, compared to its average volume of 56,666. The stock’s 50-day simple moving average is $51.61 and its 200-day simple moving average is 50.16 $. The stock has a market capitalization of $831.59 million, a PE ratio of 11.26 and a beta of 0.77. Washington Trust Bancorp has a 12-month low of $45.60 and a 12-month high of $60.96. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt ratio of 0.74.

Washington Trust Bancorp (NASDAQ:WASH – Get Rating) released its quarterly results for the last time on Monday, July 25. The financial services provider reported earnings per share (EPS) of $1.14 for the quarter, beating the consensus estimate of $0.89 by $0.25. The company posted revenue of $53.37 million in the quarter, versus a consensus estimate of $53.40 million. Washington Trust Bancorp had a net margin of 31.97% and a return on equity of 14.28%. In the same quarter last year, the company earned earnings per share of $1.00. On average, sell-side analysts expect Washington Trust Bancorp to post EPS of 4.19 for the current year.

Institutional entries and exits

A number of hedge funds have recently changed their positions in the business. Captrust Financial Advisors increased its holdings in Washington Trust Bancorp by 16,450.0% in the second quarter. Captrust Financial Advisors now owns 662 shares of the financial services provider worth $32,000 after buying an additional 658 shares in the last quarter. Great West Life Assurance Co. Can increased its holdings in Washington Trust Bancorp by 27.2% in the first quarter. Great West Life Assurance Co. Can now owns 1,530 shares of the financial services provider worth $84,000 after buying 327 additional shares in the last quarter. Amalgamated Bank bought a new position in Washington Trust Bancorp during the first quarter worth approximately $108,000. GSA Capital Partners LLP bought a new position in Washington Trust Bancorp during the fourth quarter worth approximately $204,000. Finally, Bradley Foster & Sargent Inc. CT bought a new position in Washington Trust Bancorp during the fourth quarter worth approximately $209,000. 71.44% of the shares are currently held by institutional investors and hedge funds.

About Washington Trust Bancorp

(Get an assessment)

Washington Trust Bancorp, Inc. operates as a bank holding company for The Washington Trust Company, of Westerly, which provides various banking and financial services to individuals and businesses. The Company operates in two segments, commercial banking services and wealth management services. The Commercial Banking segment offers various commercial and retail lending products, such as commercial real estate loans, including commercial mortgages and construction loans; commercial and industrial loans; residential real estate loans which consist of homeowner mortgages and construction loans; and consumer loans including home equity loans and lines of credit, personal installment loans and personal loans secured by general aviation aircraft.

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Before you consider Washington Trust Bancorp, you’ll want to hear this.

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While Washington Trust Bancorp currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

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First Commonwealth Financial Co. (NYSE:FCF) Brief Interest Update https://rhinoplastydigest.com/first-commonwealth-financial-co-nysefcf-brief-interest-update/ Sat, 01 Oct 2022 17:17:54 +0000 https://rhinoplastydigest.com/first-commonwealth-financial-co-nysefcf-brief-interest-update/ First Commonwealth Financial Co. (NYSE:FCF – Get Rating) was the target of a significant increase in short interest in September. As of September 15, there was short interest totaling 2,780,000 shares, an increase of 21.4% from the total of 2,290,000 shares as of August 31. Based on an average daily trading volume of 418,800 shares, […]]]>

First Commonwealth Financial Co. (NYSE:FCF – Get Rating) was the target of a significant increase in short interest in September. As of September 15, there was short interest totaling 2,780,000 shares, an increase of 21.4% from the total of 2,290,000 shares as of August 31. Based on an average daily trading volume of 418,800 shares, the day-to-cover ratio is currently 6.6 days. Currently, 3.0% of the company’s shares are sold short.

Wall Street analysts predict growth

A number of brokerages have recently commented on FCF. DA Davidson reiterated a “buy” rating on First Commonwealth Financial shares in a Wednesday July 27 report. Stephens downgraded shares of First Commonwealth Financial from an “overweight” rating to an “equal weight” rating and set a price target of $15.50 for the company. in a report on Wednesday August 3. Janney Montgomery Scott began covering shares of First Commonwealth Financial in a report on Thursday. They set a “buy” rating and a price target of $16.00 for the company. Raymond James lowered his price target on First Commonwealth Financial shares from $17.00 to $16.00 and set an “outperform” rating for the company in a Tuesday, September 6 report. Finally, B. Riley raised his price target on shares of First Commonwealth Financial from $16.00 to $17.00 in a Monday, August 1 report. Three equity research analysts gave the stock a hold rating and five gave the stock a buy rating. According to MarketBeat, First Commonwealth Financial currently has an average rating of “Moderate Buy” and an average target price of $16.70.

First Commonwealth Financial Trading down 0.6%

First Commonwealth Financial stock traded down $0.08 during Friday’s session, hitting $12.84. The company had a trading volume of 579,000 shares, compared to an average volume of 475,935. First Commonwealth Financial has a 12-month low of $12.78 and a 12-month high of $17.63. The stock’s 50-day moving average price is $14.10 and its two-hundred-day moving average price is $14.07. The company has a market capitalization of $1.20 billion, a price-earnings ratio of 9.51 and a beta of 1.02. The company has a debt ratio of 0.17, a quick ratio of 0.90 and a current ratio of 0.90.

First Commonwealth Financial (NYSE:FCF – Get Rating) last released its results on Tuesday July 26th. The bank reported earnings per share (EPS) of $0.33 for the quarter, meeting analyst consensus estimates of $0.33. First Commonwealth Financial had a net margin of 32.04% and a return on equity of 11.74%. The company posted revenue of $98.17 million in the quarter, versus a consensus estimate of $98.20 million. In the same period a year earlier, the company earned earnings per share of $0.31. As a group, stock analysts expect First Commonwealth Financial to post earnings per share of 1.39 for the current financial year.

First Commonwealth Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 19. Shareholders of record on Friday August 5 received a dividend of $0.12 per share. The ex-dividend date was Thursday August 4th. This represents an annualized dividend of $0.48 and a yield of 3.74%. First Commonwealth Financial’s dividend payout ratio is currently 35.56%.

Institutional investors weigh in on First Commonwealth Financial

Several institutional investors have recently bought and sold shares of the company. FMR LLC increased its stake in First Commonwealth Financial by 1.6% during the second quarter. FMR LLC now owns 43,326 shares of the bank worth $581,000 after purchasing an additional 673 shares during the period. Confluence Wealth Services Inc. raised its position in shares of First Commonwealth Financial by 6.9% during the second quarter. Confluence Wealth Services Inc. now owns 10,795 shares of the bank worth $161,000 after buying 698 additional shares in the last quarter. Legal & General Group Plc raised its position in shares of First Commonwealth Financial by 0.4% in the second quarter. Legal & General Group Plc now owns 273,391 shares in the bank worth $3,669,000 after buying 1,003 more shares last quarter. Teacher Retirement System of Texas increased its position in shares of First Commonwealth Financial by 5.7% during the first quarter. Teacher Retirement System of Texas now owns 19,559 shares of the bank worth $297,000 after buying 1,051 additional shares in the last quarter. Finally, Texas Permanent School Fund increased its position in shares of First Commonwealth Financial by 2.0% during the second quarter. Texas Permanent School Fund now owns 68,170 shares of the bank worth $915,000 after buying 1,363 additional shares in the last quarter. 70.36% of the shares are currently held by hedge funds and other institutional investors.

About First Commonwealth Financial

(Get a rating)

First Commonwealth Financial Corporation, a financial holding company, provides various retail and corporate banking services in the United States. Its consumer services include personal checking accounts, interest-bearing checking accounts, savings and health savings accounts, insured money market accounts, debit cards, investment certificates, interest rate certificates of deposit fixed and variable, mortgages, secured and unsecured installment loans, construction and home loans, safe deposit boxes, credit cards, lines of credit with overdraft protection, IRA accounts and ATM services ATMs, as well as internet, mobile and telephone banking.

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This instant news 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 contact@marketbeat.com.

Before you consider First Commonwealth Financial, you’ll want to hear this.

MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and First Commonwealth Financial was not on the list.

While First Commonwealth Financial currently has a “moderate buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the five actions here

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10 Best Online Loans for Bad Credit with Guaranteed Approval https://rhinoplastydigest.com/10-best-online-loans-for-bad-credit-with-guaranteed-approval/ Thu, 29 Sep 2022 13:24:00 +0000 https://rhinoplastydigest.com/10-best-online-loans-for-bad-credit-with-guaranteed-approval/ This is sponsored content. All views and opinions are those of the advertiser and do not reflect the same as WXYZ Channel 7. Are you unable to get a loan due to bad credit ratings and your background? We have what you need ! Loans are useful when you need to make a high-value purchase […]]]>

This is sponsored content. All views and opinions are those of the advertiser and do not reflect the same as WXYZ Channel 7.

Are you unable to get a loan due to bad credit ratings and your background? We have what you need !

Loans are useful when you need to make a high-value purchase or in an emergency. However, most institutions require a perfect credit history for loan approval, which is not always possible. Additionally, many have strict policies that are not feasible for ordinary people.

In times of financial need, you need lenders willing to give you loans without a month’s review period. Luckily, we’ve combined a list of services to connect you with reputable lenders who offer loans without credit check.

If you can’t get a loan due to bad credit and history, here are the top ten no credit check loans or bad credit loan services of 2022.

1: Problematic loans in the United States – No credit check loans for people with bad credit scores and background.

2. CocoLoan – The perfect personal loan near me for an emergency.

3: WeLoans – One of the best online payday loans.

4. American Installment Loans – Good value loans with same day financing.

5. iPaydayLoans – No background checks, same day financing loans.

6. US securities lending – Good for consolidating debt.

seven. Quick Payday Loans – Minimum documents required.

8. Loans for bad credit in UK – Good for getting loans with bad credit.

9. Payday Loans UK – 24 hour payday loans

ten. Easy payday loan – Ideal loan for the unemployed.

Bad Credit Loans in USA – No Credit Check Loans for People

Are you having trouble getting a loan because of your bad credit history and credit ratings? Problematic loans in the United States is here to help! Without a credit check, you can get a loan immediately and get approval from their reliable lenders.

They offer the easiest borrowing route for those with bad credit history by connecting them with a panel of reputable lenders.

You can visit their website and follow these steps to get your loan.

Enter your information

To complete your online loan application, complete their form and answer a few short questions. You can submit anytime, from anywhere using a computer, smartphone or tablet.

Get approval from their lenders

Our panel of lenders will receive your application and review it to determine your eligibility based on the data you provided. Fortunately, our lenders will approve you as soon as possible.

Receive your loan amount

You can receive money immediately in your checking account on the same day or the next business day after agreeing to the lender’s policies and conditions.

Advantages

  • Short term loan;
  • Don’t demand a perfect credit history;
  • Quick and easy process;

The inconvenients

  • It is difficult for borrowers to resolve their queries due to complex homepage design.

Apply for a USBadCredit loan today!

CocoLoan – The Perfect Payday Loan Near Me For An Emergency

Quick Loans are small, temporary loans that can be used to meet unexpected expenses. These loans, which generally range in value from $50 to $5,000, can be beneficial in times of need when people do not have access to other resources.

Finding the right lender is crucial if you want a quick loan. As a trusted broker, Coco Ready allows you to get in touch with respectable fast lenders in the United States. They simplify the process and guarantee a favorable outcome so that you can receive the money without delay or inconvenience.

The types of loans that CocoLaon grants are:

When looking for loans on CocoLoan, a bad credit score is not a problem. Even if your credit rating is low, they will have lenders who will give you a loan. They will carefully review the data you have provided to them and your credit history before deciding how much to give you. However, don’t worry about credit history either, as there is no rigorous credit check.

Advantages

  • No prepayment fees;
  • Minimum credit report;
  • No setup fees;

The inconvenients

  • APR may seem like a lot compared to other options.

Get in Touch with Reputable Lender CocoLoan Now > >

WeLoans – One of the Best Online Payday Loans

Apply online with WeLoans for a safe and fast personal loan. Get payday loans quickly and effortlessly, even if your credit isn’t the best.

Payday loans, commonly called cash advances, are short-term loans that you must repay with your next paycheck. It offers cash-strapped people a safe and convenient way to cover cash shortages and urgent, unforeseen obligations, like medical bills.

Their lenders won’t take long to accept a payday loan because they do a soft credit check. In just 24 hours the money should be in your account.

Advantages

  • Flexible credit checks;
  • High approval rate;
  • Funding can take as little as a day;

The inconvenients

  • It is currently not available in all jurisdictions.

Get a fast payday loan with a bad credit history with WeLoans > >

FAQs

Q1: How can I get fast money without credit check?

You can get fast loans without a credit check with Bad loans in the United States. You just have to follow these steps:

  1. Enter your information in their form;
  2. Wait for approval from a lender;
  3. See the terms and conditions given by the lender;
  4. Approve the agreement;
  5. Easily receive your loan amount even with bad credit ratings and background;

Q2: Is it possible to get a $5,000 loan with bad credit?

Yes, it is possible to obtain loans of up to $5,000 with Bad loans in the United States, CocoLoan, and WeLoans with a bad credit history. These services will connect you with lenders who will review your information with a soft credit check. Lenders will offer you offers. If you accept the terms and conditions, you can accept an offer and get financing the same day or the next business day.

One last word

A bad credit history or bad credit rating can kill your dream of getting a loan. However, don’t let that stop you from applying for the services mentioned here.

These services will connect you with excellent lenders who will approve your loan application despite poor credit scores and your background.

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Private lenders or banks? | The bank rate https://rhinoplastydigest.com/private-lenders-or-banks-the-bank-rate/ Tue, 27 Sep 2022 19:09:58 +0000 https://rhinoplastydigest.com/private-lenders-or-banks-the-bank-rate/ When evaluating personal lenders, you can choose from traditional banks and private online lenders. Bank lenders generally offer better rates and the added security of working with an established lender, but loans from online private lenders are often faster and easier to obtain. Which option will work best for you depends on your particular situation. […]]]>

When evaluating personal lenders, you can choose from traditional banks and private online lenders. Bank lenders generally offer better rates and the added security of working with an established lender, but loans from online private lenders are often faster and easier to obtain.

Which option will work best for you depends on your particular situation. If you don’t have a great credit history or your credit is weak, you may find it easier to get a loan from a private lender. If you have a good credit rating or an established relationship with the bank you want to borrow from, you will likely qualify for better loan terms with a bank. To determine which option will be best for you, you need to consider your credit health, the interest rate you can afford, and any additional features you might find useful, such as online service. compared to in-person service.

Statistics

  • Average APRs of online personal lenders range from 5.99% to 35.99%.
  • The average APR for a personal loan with a bank is 8.73%.
  • 56.2% of Americans with personal loans borrowed money from a bank in 2021.
  • 32.2% of Americans with personal loans borrowed from online lenders in 2021.
  • 78% of Americans prefer digital banking to in-person banking.
  • Borrowers can save an average of 35% by shopping around before choosing a loan.

Compare banks to online lenders

Getting a Loan: Bank vs. Lenders

Bank Online lender
Lower interest rates Higher interest rates
Slower application process Faster application process
Rigorous approval process Simplified approval process
More regulated Less regulated

Although bank and online loans are subject to government and industry regulations and involve varying rates and terms, there are many differences between the two.

Bank loans tend to be much more regulated, which means eligibility and borrowing requirements are less lenient. They also take longer and often require in-person visits to finalize the loan. Since the process of obtaining a bank loan is more rigorous, banks are usually able to offer lower interest rates and sometimes offer benefits to pre-existing customers.

Online lenders are much less regulated than banks, allowing for faster application processes and looser eligibility requirements. However, because online lenders vet applicants less rigorously, they also tend to have higher interest rates and fees than traditional lenders. The main benefit of an online loan is convenience, as you can complete the entire process online and funding is usually available within a week, whereas banks tend to take longer.

Decide what’s right for you

Before deciding which type of lender is right for you, there are many things to consider. It’s always best to shop around and compare rates from multiple lenders before settling on one. You will need to consider the rates, loan terms, requirements, closing costs and fees offered by different lenders. You should also make sure you know your credit score and are sure what you can afford before applying.

Are banks better for me?

Getting a personal loan from a bank may be the best decision for you if you have a pre-existing relationship with a bank, have good to excellent credit, and have time to go through the longer approval process. .

The advantages of taking out a personal loan from a bank are a lower interest rate, offers and potential benefits for existing customers, in-person customer service, and the consistency and security that traditional banks offer. While online lenders have the option of selling your loan to another servicer, banks tend to see loans through. However, there are also disadvantages.

Although many banks offer fast financing comparable to online lenders, bank loans generally take longer to process and you may need to visit a branch in person to apply. If you need money as soon as possible and don’t have time to wait, it may be best to consult online lenders.

Additionally, many bank lenders don’t allow you to prequalify before applying for a loan, making it harder to predict exactly what your monthly payments will be before you apply. Banks also have stricter eligibility requirements as they are more regulated, which means borrowers with bad credit or a poor credit history may have difficulty qualifying.

One of the biggest benefits of working with a bank is the benefit of having a pre-existing relationship with the bank. However, it may also mean that there will be pressure to sign up for additional financial services. If you decide to take out a loan from a bank, be sure to only ask for what you need.

Advantages The inconvenients
More chance of lower interest rates No pre-qualification
Could offer special rates to existing customers Pressure to register for other financial services
Continue to manage your loan Stricter eligibility criteria

Are online lenders better for me?

Getting a personal loan from an online lender may be best for you if you’re worried about qualifying, need money fast, or prefer the convenience of an entirely online experience.

An online loan could also be beneficial if you want to learn some lending and finance skills, as many online lenders have online resource centers with various calculators, informative videos and other financial literacy tools. . One of the biggest advantages of online lenders is that they usually allow you to prequalify. This process allows you to see what you may be entitled to if you have applied, based on soft credit that does not impact your credit. For new borrowers, prequalification could help you better understand your financial situation and your ability to borrow.

Online lenders also carry risks. Since they generally have less stringent eligibility requirements, online loans usually have higher interest rates than bank loans. This is particularly risky for borrowers with bad credit, who may be more likely to search online due to easier eligibility requirements. You should never take out a loan unless you are sure you can make the monthly payments, including interest.

Online loans also carry a greater risk of scams. Since online lenders are less regulated and the internet is relatively new compared to physical banks, it’s important to make sure you’re choosing from verified lenders. To avoid personal loan scams, compare top lenders and read customer reviews before choosing a lender.

Loans from online lenders tend to be popular among borrowers with bad credit because the requirements are less stringent and the terms of the loan can be negotiated. Consider looking into bad credit loans if you don’t have good credit. These lenders are open to working with borrowers with bad credit and have reasonable rate caps to help borrowers avoid exorbitant interest rates. However, the rates for these loans can still be relatively high and you should always make sure you can afford to pay before signing a loan agreement.

Advantages The inconvenients
Easier to compare lenders and rates side-by-side No in-person customer service
Financial Literacy and Lending Resources Higher interest rates
Ability to negotiate loan terms Risk of scams

Other opportunities from financial institutions

Although banks and online lenders are two of the most popular personal loan services, other options exist. You can also take out a personal loan from a credit union, a peer-to-peer lender, or a point-of-sale installment loan from a store if you need the loan for a certain item.

  • Credit unions: A box is a member-owned financial institution. You usually need to be a member of a credit union to access its services. They often offer lower interest rates and fees than banks, and the application process is a bit easier once you’re a member. To join a credit union, you generally need the same documents to open a bank account, including government-issued ID, proof of address, and more.
  • Peer-to-peer (P2P) lending: Peer-to-peer lending are loans issued by an individual or a company. Peer-to-peer lending platforms allow you to submit a single application and be matched with lenders who might work for you. This is a good option if you are having difficulty qualifying elsewhere or want the ease of submitting an application and having lenders come to you.
  • Point-of-sale installment loan: Point-of-sale installment loan are loans issued by a retailer that allow customers to purchase an item immediately and pay it back in instalments. This option may come with a discount or an interest-free period, which could be a solid option if you are planning to take out a loan to purchase the item. However, interest rates can be high and it is generally not advisable to take out this type of loan.

Recall

When shopping for loans, it’s important to know what your total cost will be at the end of the repayment period. Bankrate has resources to help you learn how to calculate interest on your loan so you’re ready to start making payments.

The bottom line

Several options are available to you if you are looking for a personal loan. Deciding which type of lender you want to work with is the first step to finding the right lender for you. Online lenders and peer-to-peer lenders offer an alternative if you need money fast or are worried you won’t qualify with a bank. If you prefer in-person service and are currently working with a bank you trust, it might be a good idea to borrow from them. However, before considering a personal loan, it is worth trying to save money or find an additional source of income. Although personal loans are often necessary, it is best to avoid debt if you can.

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Tompkins Financial Corporation – Consensus indicates 2.6% upside potential https://rhinoplastydigest.com/tompkins-financial-corporation-consensus-indicates-2-6-upside-potential/ Sun, 25 Sep 2022 14:22:48 +0000 https://rhinoplastydigest.com/tompkins-financial-corporation-consensus-indicates-2-6-upside-potential/ Tompkins Financial Corporation with ticker code (TMP) now have 2 analysts covering the stock. Analyst consensus points to a ‘Hold’ rating. The range between the high target price and the low target price is between 80 and 75, with the middle target price at 77.5. Now, with the previous closing price of 75.51, this indicates […]]]>

Tompkins Financial Corporation with ticker code (TMP) now have 2 analysts covering the stock. Analyst consensus points to a ‘Hold’ rating. The range between the high target price and the low target price is between 80 and 75, with the middle target price at 77.5. Now, with the previous closing price of 75.51, this indicates that there is 2.6% upside potential. The 50-day moving average is 75.41 and the 200-day moving average is 76.94. The company has a market capitalization of $1,087 million. Visit the company’s website at: https://www.tompkinsfinancial.com

The potential market capitalization would be $1,116 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.

Tompkins Financial Corporation, a financial holding company, provides corporate and personal banking, leasing, trust and investment management, financial planning and wealth management, and insurance services. The Company operates in three segments: Banking, Insurance and Wealth Management. It accepts a variety of deposit products, including checking accounts, savings accounts, term deposits, and IRA products, as well as negotiated, reciprocal, and municipal money market deposits. The Company also provides loans for a variety of business purposes, including real estate financing, construction, equipment financing, accounts receivable financing and commercial leasing; residential mortgages; personal loans; residential real estate loans; home equity loans; commercial and industrial loans; commercial real estate loans; agricultural loans; and consumer loans, such as personal installment loans, direct and indirect auto financing, and overdraft lines. Additionally, it provides letters of credit and clearing accounts; credit and debit cards; and deposit and cash management, internet account, remote deposit, safe deposit, voice response, ATM, and mobile and internet banking. In addition, the company offers investment management, trust and estate, and financial and tax planning services; property and casualty, medical, life, disability and long-term care insurance services; consulting services relating to employee benefits; and insurance planning services. It primarily serves individuals, corporate executives, small business owners, and high net worth individuals. The company operates through a network of 63 banking offices, including 43 offices in New York and 20 offices in Pennsylvania. Tompkins Financial Corporation was founded in 1836 and is headquartered in Ithaca, New York.

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U.S. consumers are switching credit cards for other financing options: JD Power https://rhinoplastydigest.com/u-s-consumers-are-switching-credit-cards-for-other-financing-options-jd-power/ Fri, 23 Sep 2022 17:13:56 +0000 https://rhinoplastydigest.com/u-s-consumers-are-switching-credit-cards-for-other-financing-options-jd-power/ Although US credit card users are happy with this credit option, they are using it less frequently in favor of other alternatives, according to research by JD Power. (iStock) Although Americans are happy with their credit card services, financial stress and increased use of alternative financing options mean they rely less on them, according to […]]]>

Although US credit card users are happy with this credit option, they are using it less frequently in favor of other alternatives, according to research by JD Power. (iStock)

Although Americans are happy with their credit card services, financial stress and increased use of alternative financing options mean they rely less on them, according to a recent study.

The JD Power 2022 US Credit Card Satisfaction Study indicates that overall credit card satisfaction improved 5 points to 810 (on a 1,000 point scale) from a year ago. This was measured by the so-called Net Promoter Score.

However, the study indicates that despite an improvement in satisfaction, consumers are spending less with credit cards. So far this year, customers have used credit cards for 42% of their monthly spending, compared to 47% in 2021 and 2020 and 50% in 2019.

Instead, consumers’ average monthly cash spending has increased by 49% over the past five years and debit card usage has increased by 80%, according to the study. For larger purchases, 44% of credit card holders said they prefer using alternative financing options like buy now, pay later (BNPL) – which is an interest-free installment plan available from many large retailers – flexible financing/installment loans or personal loans.

John Cabell, director of banking and payments intelligence at JD Power, said the increased use of alternative financing options is a real concern for the credit card industry.

“It will become extremely important for card issuers to improve product value and build proactive support for a growing segment of financially challenged customers as we enter this next phase of the business cycle,” Cabell said. .

If you’re looking to cut expenses, you might consider using a personal loan to pay off high-interest debt at a lower rate, helping you save money each month. You can visit Credible to find your personalized interest rate today.

SOME BACK TO SCHOOL BUYERS TURN TO BNPL TO HEDGE HIGHER PRICES: TRANSUNION SURVEY

BNPL emerges as a leading alternative, study finds

The study indicates that among consumers using alternative financing options for large purchases, almost 30% chose to use BNPL because of its “reasonable fees and competitive interest rates”. BNPL allows consumers to pay for their purchases in installments and is often interest-free.

Credit cards, on the other hand, have been hit by multiple interest rate hikes. The Federal Reserve has approved five rate hikes this year and is expected to continue raising rates as it seeks to hit a 2% inflation target.

“Credit cards bear interest, and interest rates go up, of course,” said Dan North, senior economist at Allianz Trade. “If you only make the minimum payment on a card, you will continue to accrue interest, which is a waste of money. On the other hand, BNPL programs do not charge interest, which is the biggest advantage they have in relation to credit cards so it can be a very attractive alternative to credit cards.”

North said BNPL offers the benefits of a quick approval process, lower credit score requirement and easier access compared to credit cards.

“But, BNPL plans require you to make fixed payments and there are two downsides there,” he said. “First, you need to have the ability to make those fixed payments, so it requires careful cash flow planning, and second, if you don’t make the payment, you may incur a penalty, which is effectively the equivalent of paying interests.”

If you’re looking to make a major purchase but don’t want to use BNPL, you might consider taking out a personal loan. Visit Credible to compare multiple personal lenders at once and choose the one with the best interest rate for you.

INFLATION RISE SLIGHTLY IN AUGUST FOR THE SECOND CONSECUTIVE MONTH — WHAT IT MEANS FOR YOU

Study indicates consumers’ financial health is suffering

The study indicates that the number of credit clients classified as financially unhealthy increased by 4% from last year to 57%.

Additionally, the percentage of consumers who said they were worse off financially in 2022 than the previous year rose to 22%, from 18% in 2021. And 49% of credit card customers said they had revolving debt on their main cards, up 43% in 2021.

Credit card balances increased by $46 billion in the second quarter of 2022, a 13% increase from the same period last year and a 20-year high, according to the Federal Reserve Bank of New York. .

“At the rate at which consumers are taking on credit card debt, it’s not hard to imagine more and more households reaching their credit limits,” said Dr. Andrew Forman, professor at the Frank G. Zarb School of Business at Hofstra University. “Furthermore, with rising interest rates, consumers’ ability to manage the debt they already have will be taxed.

“These consumers will find it increasingly difficult to qualify for extended credit limits, additional credit cards, car loans and other forms of debt,” he continued.

If you’re struggling to pay off your credit cards, a personal loan could help you consolidate your debt at a lower interest rate and lower your monthly payments. Visit Credible to find your personalized interest rate without affecting your credit score.

SOME CONSUMERS USING CREDIT CARD REWARDS TO PAY FOR ESSENTIALS Amid HIGH INFLATION, STUDY SAYS

Do you have a financial question, but you don’t know who to contact? Email The Credible Money Expert at moneyexpert@credible.com and your question may be answered by Credible in our Money Expert section.

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Bank of Hawaii Co. (NYSE:BOH) Interest Update https://rhinoplastydigest.com/bank-of-hawaii-co-nyseboh-interest-update/ Mon, 19 Sep 2022 21:46:54 +0000 https://rhinoplastydigest.com/bank-of-hawaii-co-nyseboh-interest-update/ Bank of Hawaii Co. (NYSE:BOH – Get Rating) was the target of strong short-term interest growth in August. As of August 31, there was short interest totaling 2,050,000 shares, a growth of 10.8% from the total of 1,850,000 shares as of August 15. Based on an average daily trading volume of 168,000 shares, the short […]]]>

Bank of Hawaii Co. (NYSE:BOH – Get Rating) was the target of strong short-term interest growth in August. As of August 31, there was short interest totaling 2,050,000 shares, a growth of 10.8% from the total of 1,850,000 shares as of August 15. Based on an average daily trading volume of 168,000 shares, the short interest ratio is currently 12.2 days. Currently, 5.2% of the stock’s shares are sold short.

Insiders place their bets

In related news, CEO Peter S. Ho sold 5,500 shares of Bank of Hawaii in a trade dated Wednesday, August 10. The shares were sold at an average price of $81.67, for a total transaction of $449,185.00. Following completion of the transaction, the CEO now directly owns 239,181 shares of the company, valued at approximately $19,533,912.27. The transaction was disclosed in a filing with the SEC, which is available on the SEC’s website. Company insiders hold 2.06% of the company’s shares.

Institutional entries and exits

Major investors have recently changed their stake in the company. Victory Capital Management Inc. increased its position in Bank of Hawaii by 39.8% during the second quarter. Victory Capital Management Inc. now owns 2,167,240 shares of the bank worth $161,242,000 after purchasing an additional 617,432 shares in the last quarter. State Street Corp increased its stake in Bank of Hawaii shares by 10.9% in the 1st quarter. State Street Corp now owns 1,777,119 shares of the bank valued at $149,136,000 after acquiring an additional 174,889 shares in the last quarter. Grandeur Peak Global Advisors LLC increased its stake in Bank of Hawaii shares by 175.2% in Q1. Grandeur Peak Global Advisors LLC now owns 191,968 shares of the bank valued at $16,110,000 after acquiring an additional 122,215 shares in the last quarter. Country Club Bank GFN bought a new stake in shares of Bank of Hawaii in Q1 worth $10,039,000. Finally, Northern Trust Corp increased its stake in Bank of Hawaii shares by 25.8% in the 1st quarter. Northern Trust Corp now owns 447,658 shares of the bank valued at $37,568,000 after acquiring 91,791 additional shares in the last quarter. Institutional investors hold 74.84% of the company’s shares.

Bank of Hawaii trades up 1.4%

BOH traded $1.13 on Monday, reaching $80.50. 143,208 shares of the company were traded, against an average volume of 188,264. Bank of Hawaii has a one-year low of $70.89 and a one-year high of $92.38. The company has a fifty-day simple moving average of $79.07 and a two-hundred-day simple moving average of $78.71. The company has a market capitalization of $3.23 billion, a P/E ratio of 13.95, a price-to-earnings growth ratio of 1.76 and a beta of 1.10. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt ratio of 0.01.

Bank of Hawaii (NYSE:BOH – Get Rating) last reported quarterly earnings data on Monday, July 25. The bank reported earnings per share of $1.38 for the quarter, beating consensus analyst estimates of $1.35 by $0.03. Bank of Hawaii had a net margin of 33.63% and a return on equity of 17.98%. In the same quarter last year, the company posted earnings per share of $1.68. As a group, equity research analysts expect Bank of Hawaii to post earnings per share of 5.64 for the current year.

Bank of Hawaii announces dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 15. Shareholders of record on Wednesday August 31 received a dividend of $0.70. The ex-dividend date was Tuesday, August 30. This represents an annualized dividend of $2.80 and a dividend yield of 3.48%. Bank of Hawaii’s dividend payout ratio is currently 48.53%.

Analyst upgrades and downgrades

A number of stock analysts have recently commented on the stock. Jefferies Financial Group lowered its price target on Bank of Hawaii shares from $87.00 to $79.00 in a Monday, July 11 research note. StockNews.com downgraded shares of Bank of Hawaii from a “hold” rating to a “sell” rating in a Tuesday, September 13 report.

Bank of Hawaii Corporate Profile

(Get a rating)

Bank of Hawaii Corporation operates as a bank holding company for Bank of Hawaii which provides various financial products and services in Hawaii, Guam and other Pacific Islands. It operates in three segments: Consumer Banking, Commercial Banking and Treasury and Others. The Consumer Banking segment offers checking, savings and term deposit accounts; residential mortgages, home equity lines of credit, auto loans and leases, personal lines of credit, installment loans, small business loans and leases, and credit cards; banking, investment, credit and trust services to individuals and families, and high net worth individuals; investment management; institutional investment advisory services to corporations, government entities and foundations; and brokerage offerings, including stocks, mutual funds, life insurance and annuity products.

See also

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Lexin Fintech Holdings Ltd. (NASDAQ:LX) Short Interest Up 13.6% in August https://rhinoplastydigest.com/lexin-fintech-holdings-ltd-nasdaqlx-short-interest-up-13-6-in-august/ Sun, 18 Sep 2022 13:39:26 +0000 https://rhinoplastydigest.com/lexin-fintech-holdings-ltd-nasdaqlx-short-interest-up-13-6-in-august/ Lexin Fintech Holdings Ltd. (NASDAQ:LX – Get Rating) was the target of a surge in short-term interest in August. As of August 31, there was short interest totaling 1,420,000 shares, an increase of 13.6% from the total of 1,250,000 shares as of August 15. Based on an average daily volume of 971,700 shares, the short […]]]>

Lexin Fintech Holdings Ltd. (NASDAQ:LX – Get Rating) was the target of a surge in short-term interest in August. As of August 31, there was short interest totaling 1,420,000 shares, an increase of 13.6% from the total of 1,250,000 shares as of August 15. Based on an average daily volume of 971,700 shares, the short interest ratio is currently 1.5 days.

A Wall Street analyst gives his opinion

Several research analysts weighed in on LX shares. Citigroup downgraded shares of LexinFintech from a “buy” rating to a “neutral” rating in a Tuesday, May 31 report. CLSA downgraded shares of LexinFintech from an “outperform” rating to a “sell” rating and set a price target of $2.10 for the company. in a report from Wednesday, June 1.

LexinFintech Institutional Trading

Several hedge funds have recently bought and sold shares of LX. Vanguard Group Inc. increased its position in shares of LexinFintech by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 4,129,620 shares of the company worth $10,819,000 after purchasing an additional 33,992 shares in the last quarter. BlackRock Inc. increased its position in LexinFintech shares by 0.3% during the 1st quarter. BlackRock Inc. now owns 2,460,483 shares of the company worth $6,446,000 after purchasing an additional 8,439 shares last quarter. Dimensional Fund Advisors LP increased its position in LexinFintech shares by 2.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,842,159 shares of the company worth $4,840,000 after buying 47,563 additional shares in the last quarter. State Street Corp raised its position in shares of LexinFintech by 12.9% during the 2nd quarter. State Street Corp now owns 1,453,825 shares of the company worth $3,242,000 after purchasing an additional 166,554 shares last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in LexinFintech shares by 23.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 959,523 shares of the company worth $2,514,000 after purchasing an additional 183,472 shares last quarter. 16.19% of the shares are currently held by institutional investors.

LexinFintech is trading down 3.1%

NASDAQ:LX shares opened at $1.85 on Friday. The company has a market capitalization of $340.16 million, a PE ratio of 2.20 and a beta of 0.46. The company’s 50-day moving average price is $2.03 and its 200-day moving average price is $2.30. LexinFintech has a fifty-two week low of $1.67 and a fifty-two week high of $6.48. The company has a quick ratio of 1.79, a current ratio of 1.80 and a leverage ratio of 0.51.

LexinFintech Company Profile

(Get an evaluation)

LexinFintech Holdings Ltd., through its subsidiaries, provides online consumer credit services in the People’s Republic of China. The Company operates Fenqile.com, an online consumer credit and consumer finance platform that offers installment purchases and personal installment loans, as well as online direct sales with installment payment terms; and Le Hua Card, a scenario-based loan.

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Washington Trust Bancorp, Inc. Announces Quarterly Dividend of $0.54 (NASDAQ: WASH) https://rhinoplastydigest.com/washington-trust-bancorp-inc-announces-quarterly-dividend-of-0-54-nasdaq-wash/ Fri, 16 Sep 2022 22:24:48 +0000 https://rhinoplastydigest.com/washington-trust-bancorp-inc-announces-quarterly-dividend-of-0-54-nasdaq-wash/ Washington Trust Bancorp, Inc. (NASDAQ:WASH – Get Rating) announced a quarterly dividend on Friday, September 16, reports The Wall Street Journal. Shareholders of record on Monday October 3 will receive a dividend of 0.54 per share from the financial services provider on Friday October 7. This represents an annualized dividend of $2.16 and a yield […]]]>

Washington Trust Bancorp, Inc. (NASDAQ:WASH – Get Rating) announced a quarterly dividend on Friday, September 16, reports The Wall Street Journal. Shareholders of record on Monday October 3 will receive a dividend of 0.54 per share from the financial services provider on Friday October 7. This represents an annualized dividend of $2.16 and a yield of 4.32%. The ex-date of this dividend is Friday, September 30.

Washington Trust Bancorp has increased its dividend payout by an average of 6.1% per year over the past three years and has increased its dividend annually for the past 11 consecutive years. Washington Trust Bancorp has a payout ratio of 49.2%, which means its dividend is sufficiently covered by earnings. Analysts expect Washington Trust Bancorp to earn $4.53 per share next year, meaning the company should continue to be able to cover its $2.16 annual dividend with a payout ratio. expected future of 47.7%.

Performance of Washington Trust Bancorp shares

Shares of WASH traded at $0.56 on Friday, hitting $50.02. The stock had trading volume of 232,383 shares, compared to an average volume of 57,184. Washington Trust Bancorp has a 1-year low of $45.60 and a 1-year high of $60.96. The company has a 50-day simple moving average of $51.72 and a 200-day simple moving average of $50.62. The stock has a market capitalization of $858.89 million, a P/E ratio of 11.50 and a beta of 0.78. The company has a debt ratio of 0.74, a quick ratio of 0.91 and a current ratio of 0.91.

Washington Trust Bancorp (NASDAQ:WASH – Get Rating) released its quarterly results for the last time on Monday, July 25. The financial services provider reported EPS of $1.14 for the quarter, beating consensus analyst estimates of $0.91 by $0.23. Washington Trust Bancorp had a return on equity of 14.28% and a net margin of 31.97%. In the same quarter of the previous year, the company achieved EPS of $1.00. Equity research analysts expect Washington Trust Bancorp to post EPS of 4.19 for the current year.

Washington Trust Bancorp Institutional Trading

Hedge funds and other institutional investors have recently changed their positions in the company. Captrust Financial Advisors increased its stake in Washington Trust Bancorp by 16,450.0% during the second quarter. Captrust Financial Advisors now owns 662 shares of the financial services provider worth $32,000 after buying an additional 658 shares during the period. Legal & General Group Plc increased its position in Washington Trust Bancorp by 1.7% in the second quarter. Legal & General Group Plc now owns 15,302 shares of the financial services provider valued at $740,000 after acquiring an additional 254 shares last quarter. Goldman Sachs Group Inc. increased its position in Washington Trust Bancorp shares by 32.6% in the second quarter. Goldman Sachs Group Inc. now owns 29,876 shares of the financial services provider valued at $1,445,000 after purchasing an additional 7,338 shares during the period. First Republic Investment Management Inc. increased its stake in Washington Trust Bancorp by 6.9% during the second quarter. First Republic Investment Management Inc. now owns 11,497 shares of the financial services provider worth $556,000 after buying an additional 744 shares last quarter. Finally, Price T Rowe Associates Inc. ® increased its holding in shares of Washington Trust Bancorp by 4.0% during the second quarter. Price T Rowe Associates Inc. MD now owns 6,827 shares of the financial services provider valued at $330,000 after acquiring an additional 265 shares during the period. Hedge funds and other institutional investors hold 71.44% of the company’s shares.

A Wall Street analyst gives his opinion

Several analysts have recently weighed in on the stock. Compass Point raised its price target on shares of Washington Trust Bancorp to $60.00 and gave the company an “outperform” rating in a Wednesday, July 27 research note. StockNews.com moved shares of Washington Trust Bancorp from a “sell” rating to a “hold” rating in a Monday, July 18 report.

Washington Trust Bancorp Company Profile

(Get a rating)

Washington Trust Bancorp, Inc. operates as a bank holding company for The Washington Trust Company, of Westerly, which provides various banking and financial services to individuals and businesses. The Company operates in two segments, commercial banking services and wealth management services. The Commercial Banking segment offers various commercial and retail lending products, such as commercial real estate loans, including commercial mortgage loans and construction loans; commercial and industrial loans; residential real estate loans which consist of homeowner mortgages and construction loans; and consumer loans including home equity loans and lines of credit, personal installment loans and personal loans secured by general aviation aircraft.

See also

Dividend history for Washington Trust Bancorp (NASDAQ:WASH)

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 contact@marketbeat.com.

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MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and Washington Trust Bancorp was not on the list.

While Washington Trust Bancorp currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

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CFPB aims to bring credit card protections to buy now pay later https://rhinoplastydigest.com/cfpb-aims-to-bring-credit-card-protections-to-buy-now-pay-later/ Thu, 15 Sep 2022 10:16:33 +0000 https://rhinoplastydigest.com/cfpb-aims-to-bring-credit-card-protections-to-buy-now-pay-later/ The Consumer Financial Protection Bureau is considering ways to bring credit card consumer protections to users of buy now, pay later products. Buy-now-pay-later (BNPL) products – which are typically installment loans that allow customers to split a purchase into four equal payments – may be a cheaper and easier option for consumers compared to other […]]]>

The Consumer Financial Protection Bureau is considering ways to bring credit card consumer protections to users of buy now, pay later products.

Buy-now-pay-later (BNPL) products – which are typically installment loans that allow customers to split a purchase into four equal payments – may be a cheaper and easier option for consumers compared to other credit products, the CFPB said in a highly anticipated report released Thursday. But some issues related to disclosures, dispute resolution and the “piling up” of debts within the BNPL need more monitoring, he said.

The CFPB said it was looking to identify “advisory opinions” or regulations that would bring more credit card-like protections to the BNPL market.

“We will work to ensure that borrowers have similar protections whether they use a credit card or a Buy Now, Pay Later loan,” CFPB Director Rohit Chopra said in a statement.

But overall, buy now, pay later “imposes significantly lower direct financial costs on consumers than traditional credit products,” the report says.

“The nature of the product structure and underwriting strategy” can minimize “overspending and leverage cycles,” the CFPB added.

Increase in popularity

The CFPB has been closely scrutinizing BNPL products since December, when the agency issued a market watch request to BNPL’s five largest suppliers: Affirm Holdings Inc.; Afterpay, now owned by Block Inc.; Klarna; PayPal Holdings Inc. and Zip.

BNPL products have seen a spike in popularity since 2020, especially after the coronavirus pandemic.

The total number of BNPL loans issued each year in the United States increased by 970%, from just under 17 million in 2019 to 180 million in 2021, the CFPB found. Total dollar lending volume jumped more than 1,000% during that period, from $2 billion in 2019 to $24.2 billion in 2021, the CFPB said.

Most purchases ranged from $50 to $1,000, and 89% of consumers using BNPL link their accounts to debit cards.

The most popular BNPL option in the United States is known as a quarter-pay, where consumers can split payments for an item into four equal installments paid over six weeks. BNPL’s businesses run soft credit and fraud checks on customers and do not charge interest if payments are made on time, the CFPB found.

BNPL companies approved 73% of loan applicants in 2021, compared to 69% in 2020.

Late fee policies vary by issuer. And the number of unique users rose to 10.5% in 2021 from 7.8% in 2020, the CFPB said.

Protective measures

Consumer advocates have raised concerns about the lack of protections for BNPL users. They fear that disclosures are inadequate and that resolving disputes may be difficult. Consumers can get caught in a “loan stack” when they have multiple outstanding loans from different BNPL providers, leading to potential debt traps, they say.

Consumer credit reporting agencies like Equifax, Experian, and TransUnion have only recently begun to find ways to report BNPL loans. And there are concerns that consumers won’t get credit for on-time payments on their credit reports.

BNPL providers report missed payments to credit reporting companies, which can lower their credit scores. But the BNPL industry and credit bureaus have developed ways to ensure consumers can get credit for on-time payments.

The CFPB echoed many of these concerns in its report.

The disclosures of several BNPL suppliers are consistent with those required by the Truth in Lending Act. But the law itself only applies to companies that offer loans repaid in more than four instalments. The CFPB said this has led to a lack of standardized cost of credit disclosures.

The report also notes that BNPL companies require consumers to try to return unwanted or damaged purchases and obtain refunds directly through merchants. This creates confusion for customers and reduces dispute resolution rights, the office said.

The office also noted that most BNPL providers require customers to authorize automatic payment of outstanding loans through their debit or credit cards, limiting consumer choice and potentially leading to overdrafts and other bank charges if accounts are overdrawn.

Some companies also charge multiple late fees on the same missed payment, although this is not uniform practice, the CFPB found.

The CFPB has also raised concerns about how BNPL companies use consumer data for advertising and other purposes, including the monetization of such data.

The CFPB may find it difficult to impose changes on the industry. The four-way payment product is not governed by either the Truth in Lending Act or Regulation Z, which governs credit cards and may provide stricter dispute resolution requirements.

To address loan stacking, BNPL firms should have a single database of outstanding loans issued in real time, the CFPB said. Such a database does not currently exist.

The CFPB is “reviewing our authorities” to require BNPL companies to submit to reviews by CFPB examiners, Chopra said in a conference call Wednesday.

Some BNPL companies have already said they welcome direct oversight from the office, he added.

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