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How Does a Debt Consolidation Program Work?

Titan Consulting

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.

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Seven Ways to Get Out of Debt in 2022

Better Credit Blog

Since more Americans are under pressure to resolve their debt, we’ve outlined several strategies that reduce or eliminate this financial liability. What is Debt? 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.

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How to Use Alternative Data to Build Your Credit Report

Titan Consulting

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.

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Top Challenges Consumer Face When Using Alternative Credit Scoring Systems

Titan Consulting

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.

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How Can I Stop Student Loans from Taking My Taxes?

Credit Corp

This hypothetical example illustrates how expensive delinquent student loans are, and how long the recovery process can drag on. If your student loan balance is less than your tax refund, you’ll receive the remainder of your tax refund amount after TOP takes its share.

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FICO XD is Changing the Way Consumers Build Credit

Titan Consulting

Other databases track rent payments, payday or short-term loans, and online 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. Which Lenders Use the FICO XD.

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Lender Response to the Coronavirus Pandemic Could Negatively Impact Your Credit

Titan Consulting

Banks operate conservatively and evaluate consumer risk for all credit decisions, including home, car, personal loans, and credit cards. 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. Banks and Risk.

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