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Why Making Minimum Payments to Pay Off Credit Card Debt Ensures You Will Die Broke

Titan Consulting

Making just the minimum payment required each month on credit card debt will maximize the amount of interest you pay to creditors. Continuing to pay just the minimum payments on your credit card debt robs you capital you could use to fund your retirement or pay for your children’s education.

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Should You File for Bankruptcy if a Strong Economy is Just Around the Corner

Titan Consulting

Bankruptcy will destroy your credit and remain on your credit report for up to 10 years. You must qualify to file for bankruptcy, and your income must meet an income means test. The Bankruptcy Option. Filing personal bankruptcy typically involves either a Chapter 7 or Chapter 13. Key Takeaways.

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Is Debt Settlement Legit?

Titan Consulting

All types of debt relief programs come with negative consequences, including non-profit credit counseling and bankruptcy, and will directly or indirectly negatively impact your credit score. Options for Consumers Seeking Debt Relief. Credit counseling requires the repayment of the debt in full.

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Congress Passes Relief for Student Loan Borrowers in CARES Act

Titan Consulting

Benefits include the following: Suspension of Monthly Payments : The US Department of Education automatically suspended payments on outstanding federal student loans. Payment relief includes both direct and FFEL (Federal Family Education Loans) loans and lasts through September 30, 2020. About Titan Consulting Group.

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Consumers Getting Shut Out of HELOC’s as an Option to Raise Cash During the Coronavirus Pandemic

Titan Consulting

While business bankruptcies make the news, experts expect personal bankruptcies to follow. Before you consider filing for bankruptcy, investigate debt negotiation options for unsecured debts like credit cards, which may offer the relief you need without the negative impact of bankruptcy.

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How to Use Alternative Data to Build Your Credit Report

Titan Consulting

Titan Consulting Group helps consumers evaluate various debt relief options and choose the right program that best fits their short-term and long-term financial goals. We work with consumers seeking debt consolidation loans, or who may be considering options like debt negotiation or bankruptcy.

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Top Challenges Consumer Face When Using Alternative Credit Scoring Systems

Titan Consulting

Titan Consulting Group helps consumers evaluate various debt relief options and choose the right program that best fits their short-term and long-term financial goals. We work with consumers seeking debt consolidation loans, or who may be considering options like debt negotiation or bankruptcy.

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