Titan Consulting

SEPTEMBER 22, 2020

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. Final Thoughts.

Debt settlement 98

Debt settlement Bankruptcy Unsecured Debt Credit Card Debt 98

Titan Consulting

JULY 22, 2020

Lower interest rates mean saving on variable rate loans like credit card balances and HELOCS. Refinancing and new mortgage processing times are increasing due to the logistics around various loan processing procedures put in place during the global pandemic. These extended times will continue for the foreseeable future.

Foreclosure 75

Foreclosure Bankruptcy Loans Banks 75

Titan Consulting

SEPTEMBER 8, 2020

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. What you don’t see is the interest charge of $180, meaning you are basically treating your credit card debt like an interest-only loan.

Credit Card Debt 75

Credit Card Debt Debt Consolidation Student loans Student Loans 75

Titan Consulting

APRIL 26, 2020

Through the CARES Act, federally guaranteed mortgages , which cover two-thirds of home loans in the US, permit borrowers to delay payments, through a forbearance, for up to 12 months. These options could extend the loan term, or reduce the interest rate to lower the payment permanently. . However, aid is not automatic or uniform.

Student loans 52

Student loans Student Loans Lender Loans 52

Titan Consulting

MAY 24, 2020

Credit bureaus measure variables related to your debt like the total amount of your debt, if you make your debt payments on time, how long you have been paying on debt obligations and how much debt you are servicing relative to how much potential debt has been extended to you.

Lender 98

Lender Debt Consolidation Credit Card Debt Loans 98

Titan Consulting

MAY 17, 2020

Alternative credit sources that do not report to the credit bureaus can include payments for rent, utilities, service accounts, and personal loans. 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.

Lender 98

Lender Debt Consolidation Creditworthiness Credit Card Debt 98

Titan Consulting

AUGUST 9, 2020

The CARES Act also gives greater flexibility to employers who offer 401-K loans to their employees by doubling the maximum amount of the loans that can be made to 100$ of vested funds or $100,000 max. More Flexibility for Employers Offering Loans Against Retirement Accounts. Loans are only available on work sponsored accounts.

Loans 52

Loans Debt Consolidation Credit Card Debt Bankruptcy 52

Titan Consulting

MAY 3, 2020

The mix of credit accounts (loans versus lines of credit). In addition to multiple scoring models, credit score providers also create specialized scores tailored to specific loan types. For instance, FICO offers a credit score algorithm geared specifically for vehicle loans. Amounts owed in relation to credit limits.

Credit Bureau 56

Credit Bureau Lender Retrieval Debt Consolidation 56

Titan Consulting

MAY 10, 2020

Other databases track rent payments, payday or short-term loans, and online personal loans. Consumers with little or no credit are also more likely to use high-cost credit options like payday loans or rent-to-own companies, which FICO can score as an adverse event, lowering the alternative score. Which Lenders Use the FICO XD.

Retrieval 52

Retrieval Lender Debt Consolidation Loans 52

Better Credit Blog

JANUARY 11, 2022

If you find yourself saddled with more debt than you can reasonably pay off in a timely manner, you can always file for bankruptcy. But sometimes bankruptcy is the best way to get a new start so you can then stay on top of your finances, and with hard work, you can begin to turn your financial life around. About Bankruptcy.

Bankruptcy 63

Bankruptcy Chapter 13 bankruptcy Debt Consolidation Lawyers 63

Titan Consulting

SEPTEMBER 2, 2020

Debt consolidation might include a debt management repayment plan, credit card balance transfer, personal loan, or equity line of credit. The main strategy in any debt consolidation strategy involves replacing one debt with another debt, usually with a lower interest rate or monthly payment.

Debt Consolidation 60

Debt Consolidation Unsecured Debt Consolidate Debt Personal loans 60

Better Credit Blog

APRIL 11, 2022

Debt is the amount of money you owe to a lender or creditor. Some examples of debt are mortgages, credit card dues, and personal loans. Although accruing lots of debt isn’t ideal, it may sometimes be unavoidable, such as mortgage payments or student loans. It may lead to bankruptcy. The Snowball Method.

Debt Consolidation 74

Debt Consolidation Debt settlement Credit Card Debt Bankruptcy 74

Titan Consulting

AUGUST 2, 2020

Home Equity Loans and Home Equity Lines of Credit (HELOCs) are convenient, cost-effective ways to access capital from your home’s value. Banks have raised minimum credit scores and income requirements while lowering the maximum loan-to-value available. Equity sharing programs do not rely on loans, interest, or monthly payments.

Loans 70

Loans Debt Consolidation Lender Credit Card Debt 70

Better Credit Blog

JANUARY 20, 2022

It was for a PMSI loan for an outdoor wood burning furnace. I had to make my own payment arrangements with the debt collector so that we could keep our furnace. I also have solar panels with FDR; fortunately for me that is an unsecured loan, so they can help with that one.” – Laura Whipple, 4-star review, TrustPilot. Bankruptcy.

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Creditors Credit Card Debt Unsecured Debt Debt settlement 76

Credit Corp

JULY 9, 2021

As of the end of 2020, the level of American consumer debt hit $14.56 This incredibly high number is mostly composed of financial situations relating to peoples’ homes, vehicles, and loans taken out to pursue higher education. The average American home owes around $6,270 in credit card debt.

Debt settlement 98

Debt settlement Credit Card Debt Debt collector Lender 98

Titan Consulting

JULY 8, 2020

During the Great Recession consumers defaulted on loans in mass, bank stock prices crashed, and lenders foreclosed on 6.3 Even though 2020 is no 2009, in terms of the quality of loan portfolios and the strength of bank balance sheets, lenders quickly reverted to a defensive mode when the pandemic hit. million homes. Banks and Risk.

Lender 52

Lender Banks Debt Consolidation Loans 52

Titan Consulting

SEPTEMBER 29, 2020

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.

Credit Card Debt 60

Credit Card Debt Debt Consolidation Foreclosure Bankruptcy 60