Lendingtree Inc (TREE) Upgraded to "Hold" at Zacks Investment Research

Category: Home Equity Loans
Published: Wednesday, 06 January 2016
Written by Super User

Lendingtree Inc (NASDAQ:TREE) was upgraded by Zacks Investment Research from a sell rating to a hold rating in a research note issued on Friday, MarketBeat.com reports.

According to Zacks, LendingTree is the nations leading online loan marketplace, empowering consumers as they comparison-shop across a full suite of loan and credit-based offerings. LendingTree provides an online marketplace which connects consumers with multiple lenders that compete for their business, as well as an array of online tools and information to help consumers find the best loan. Since inception, LendingTree has facilitated more than 55 million loan requests. LendingTree provides free monthly credit scores through My LendingTree and access to its network of over 350 lenders offering home loans, personal loans, credit cards, student loans, business loans, home equity loans/lines of credit, auto loans and more. LendingTree, LLC is a subsidiary of LendingTree, Inc.

Several other brokerages also recently commented on TREE. BWS Financial restated a buy rating and issued a $150.00 price objective on shares of Lendingtree in a research report on Friday, November 27th. Topeka Capital Markets initiated coverage on Lendingtree in a research report on Tuesday, November 17th. They issued a buy rating and a $150.00 price objective on the stock. Bank of America initiated coverage on Lendingtree in a research report on Wednesday, November 18th. They issued a neutral rating and a $122.00 price objective on the stock. Needham Company LLC restated a buy rating and issued a $108.00 price objective on shares of Lendingtree in a research report on Tuesday, October 6th. Finally, Guggenheim initiated coverage on Lendingtree in a research report on Monday, November 16th. They issued a buy rating and a $140.00 price objective on the stock. One research analyst has rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of Buy and an average target price of $142.37.



Discover Financial Services Announces Fourth Quarter 2015 Earnings Release and ...

Category: Home Equity Loans
Published: Wednesday, 06 January 2016
Written by Super User

RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS) plans to report its fourth quarter 2015 results after the market closes on Wednesday, Jan. 27, 2016. The earnings release will be available on Discovers corporate website at www.investorrelations.discoverfinancial.com.

A conference call to discuss the firms results, outlook and related matters will be held at 4:00 pm Central time. The general public is invited to listen to the call by dialing 877-930-8297 (US domestic) or 253-336-8745 (international), passcode 17103113, or via a live audio webcast through the Investor Relations section of the website. For those unable to listen to the live broadcast, a replay will be available on our website or by dialing 855-859-2056 (US domestic) or 404-537-3406 (international), passcode 17103113, beginning approximately two hours after the event. The replay of the conference call will be available through February 27, 2016.

About Discover

Discover Financial Services (NYSE: DFS) is a direct banking and payment services company with one of the most recognized brands in US financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company issues the Discover card, Americas cash rewards pioneer, and offers private student loans, personal loans, home equity loans, checking and savings accounts and certificates of deposit through its direct banking business. It operates the Discover Network, with millions of merchant and cash access locations; PULSE, one of the nations leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in more than 185 countries and territories. For more information, visit www.discover.com/company.



10 Trusty Tips for Taking Out Personal Loans in 2016

Category: Home Equity Loans
Published: Wednesday, 06 January 2016
Written by Super User

For instance, you could use them to consolidate your credit card debt, for home improvement purposes, to invest in your business or simply to take a vacation.

Check if there are other types of loans that could serve your needs better. For instance, you could take out a home equity loan or line of credit.

Considering that home equity loans are secured by your home, whereas personal loans are not secured loans, your interest rate is likely to be more favorable when you tap into home equity.

2. Choose the right lender

Financing sources that offer personal loans include banks, credit unions and online lenders.

Each of these offers a range of interest rates, and their terms vary. Thats why you should shop around and find a lender whose loan best fits your needs.

For instance, Perc Pineda, senior economist with the Credit Union National Association, points out that for a $5,000, 2-year personal loan, the average rate is 9.54% at credit unions compared with 9.93% at banks.

3. Be careful with credit card consolidation

Taking out a personal loan to pay off credit card debt on more than 1 card and consolidating the payments is one of the most popular uses of personal loans.

If this is your motivation for taking out a personal loan, be careful not to defeat the purpose by racking up fresh credit card debt once you pay off the old cards and have access to fresh credit.

4. Read the fine print

Be sure to ask for a full disclosure of all the loan terms and read the fine print. There are differences in the terms offered by different lenders.

See if the monthly payment and repayment terms work for you. There also could be fees for late payments.

The lender is looking to generate a steady stream of interest payments from you over the term of the loan, so there could also be a prepayment fee, or penalty for paying off your loan early.

5. Make sure your credit score is accurate

Your credit score could make for a significant difference in the interest rate youre offered on your personal loan, irrespective of the overall direction of interest rates.

For instance, you could pay as much as 20% or higher with bad credit, while you could snag a much better 8% rate with good credit.

Thats why you should make sure that your credit score is accurate and continue to be responsible in your use of credit. Also, some personal loan lenders will report only the payments you miss to credit bureaus, so you could ask your lender to report your on-time payments to bolster your credit profile.

Search for personal loans.

6. Watch out for origination fees

While some lenders seem to offer lower interest rates, you might find that they also tack on an origination fee that effectively hikes your interest rate. Thus, you could be better off with a lender that offers a higher rate than others but doesnt add on any origination fees.

7. Apply directly with online lenders

If you choose to opt for an online lender who could make the funds available to you very fast, make sure that you are applying directly with the lender.

There are online lead generators who are brokers that will take your personal information and pass it on to the highest bidder for a fee. Be sure to avoid such brokers.

8. Be careful about allowing automatic withdrawals

Some online lenders offer borrowers incentives to provide access to their bank accounts for automatic withdrawals of their monthly payments.

In fact, they could set up the personal loan terms as such, and you would have to opt out of the arrangement. For instance, you might find that you will have to pay a fee if you prefer to pay by check. If you provide access to your bank account, though, you might find yourself out of money when you need it.

9. What if you encounter difficulties with repayments?

Find out what your options are in case you run into difficulties making your payments. Is there any potential to modify the terms of the loan?

Also, is the lender open only to arbitration if any differences arise? Or can you go through the court system?

10. Fixed rate or variable rate?

Should you opt for a variable or fixed rate on your personal loan?

Typically, you will start off with a lower rate on a variable-rate loan, but you also will be taking on interest rate risk.

As interest rates rise, your variable rate also will rise, so your monthly payments will be higher.

With a fixed rate, your payments will remain the same for the term of the loan regardless of interest rate movements.

Copyright 2015, Bankrate Inc.



Investors Bancorp, Inc. (ISBC) Stock Rating Upgraded by Zacks Investment Research

Category: Home Equity Loans
Published: Tuesday, 05 January 2016
Written by Super User

Investors Bancorp, Inc. (NASDAQ:ISBC) was upgraded by Zacks Investment Research from a hold rating to a buy rating in a research note issued to investors on Wednesday, Market Beat Ratings reports. The firm currently has a $14.00 price objective on the stock. Zacks Investment Researchs price target suggests a potential upside of 12.54% from the stocks previous close.

According to Zacks, Investors Bancorp, Inc. operates as the holding company for Investors Savings Bank, which provides a range of banking services in the United States. The company generates deposits and originates loans. The company operates from its corporate headquarters in Short Hills, New Jersey, and fifty-three branch offices located in Essex, Hunterdon, Middlesex, Monmouth, Morris, Ocean, Somerset, Union and Warren Counties, New Jersey. The Bank is engaged in the business of attracting deposits from the public through its branch network and borrowing funds in the wholesale markets to originate loans and to invest in securities. It originates mortgage loans secured by one-to four-family residential real estate and consumer loans, the majority of which are home equity loans and home equity lines of credit.

Several other analysts also recently weighed in on the company. Deutsche Bank reiterated a hold rating and set a $13.00 price target on shares of Investors Bancorp in a research note on Sunday, November 1st. Compass Point downgraded Investors Bancorp from a buy rating to a neutral rating and set a $14.00 price target on the stock. in a research note on Friday, October 30th. Finally, Wells Fargo downgraded Investors Bancorp from an outperform rating to a market perform rating in a research note on Friday, October 30th. They noted that the move was a valuation call. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of $13.67.