Titan Consulting

JUNE 7, 2020

Congress recently passed legislation in the CARES act that provides direct and indirect benefits to Federal Student Loan borrowers. Congress also counts the non-payment period through September as credit toward loan forgiveness credit. Help Available for Borrowers with Student Loans. How to Get the CARES Act Benefits?

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Student loans Student Loans Loans Accrued Interest 64

Credit Corp

APRIL 26, 2021

With the help of our research provider, Pureprofile, Finder surveyed 1,718 American adults in January 2021 to see how personal loans are being used in the US. of Americans, said they have taken out a personal loan in their lifetime. This is despite the fact that many lenders have made it more difficult to qualify for a loan.

Personal loans 75

Personal loans Loans Credit Unions Credit Unions 75

Nexa Collect

JUNE 23, 2023

Impact on Credit Score : If a collection agency reports the debt to credit bureaus, it can negatively affect the debtor’s credit score. This makes it harder for them to get loans, credit cards, or sometimes even jobs in the future. They may also look into options like debt consolidation or bankruptcy.

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Collection Agencies Collections Agency Debtor Collections 100

Better Credit Blog

APRIL 1, 2022

The best personal loans charge low fees and low fixed interest rates, have flexible loan amounts and terms, and have no prepayment penalties. A personal loan could let you access cash for any purpose. Since personal loans are unsecured, you’ll need an excellent credit score to get the best deal. Compare Rates Now.

Personal loans 65

Personal loans Loans Lender Student loans 65

Credit Corp

JULY 31, 2024

In recent years, the rise of digital lenders like SoFi and Ally has transformed the lending landscape, offering borrowers new options for obtaining loans quickly and conveniently. And how can you navigate the process of shopping for a loan with them? But what sets these digital lenders apart from traditional banks and credit unions?

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Lender Loans Student loans Student Loans 52

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. What Are the Strategies to Get Out of Debt?

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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.

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Loans Lender Debt Consolidation Credit Card Debt 70

Titan Consulting

AUGUST 23, 2020

If you do not qualify for a Chapter 7 bankruptcy to liquidate your debts, you may be required to pay back a significant portion of your debts under a Chapter 13 Bankruptcy, and still suffer the negative impact to your credit score. Filers can typically retain the home and vehicle as long as you make payments on the loan.

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Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Unsecured Debt 86

Better Credit Blog

AUGUST 3, 2021

Having a bad credit score can make it difficult to get a loan. “A bad credit score is somewhat of an indicator of your short, medium, and long-term ability to repay the loan, which is how banks make money.” The Most Important Factors For Loans For People With Bad Credit. Best Loans for Bad Credit Reviews.

Loans 52

Loans Lender Collateral Education 52

Better Credit Blog

AUGUST 3, 2021

Having a bad credit score can make it difficult to get a loan. “A bad credit score is somewhat of an indicator of your short, medium, and long-term ability to repay the loan, which is how banks make money.” The Most Important Factors For Loans For People With Bad Credit. Best Loans for Bad Credit Reviews.

Loans 52

Loans Lender Collateral Education 52

Credit Corp

MAY 17, 2021

Student loans are by far some of the biggest issues most students are facing today when it comes to finances. To get the kind of education you want, you will probably need to take out a student loan to pay for the studies – and then spend years if not decades paying back such loans. 1 Pro: Good for Unemployed Individuals.

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Student loans Student Loans Loans Accrued Interest 49

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.

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Lender Debt Consolidation Creditworthiness Credit Card Debt 98

Titan Consulting

SEPTEMBER 22, 2020

To qualify for credit counseling, you must be able to repay the full balance owed plus some interest of the unsecured debt within 60 months. Additionally, consumers must complete an approved financial education and budgeting course to complete the program.

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Debt settlement Bankruptcy Unsecured Debt Credit Card Debt 98

Credit Corp

FEBRUARY 9, 2024

We’ll help you weigh those options and share several resources that can help you learn how to reduce debt over time. Each debt relief option has its pros and cons. Having good credit can help you secure better loans. While this helps by making one payment out of several, it’s not a strategy that directly gets you out of debt.

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Credit Counselor Debt Consolidation Debt settlement Bankruptcy 52

Credit Corp

MAY 10, 2023

Below, we’ve investigated Americans’ average savings by age, income, and education level to give you a better understanding of how much money you might expect to have saved at each chapter of your life. Consolidate and pay down debt. How Much Does the Average American Have in Savings? Set aside money automatically.

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Education Debt Consolidation Credit Card Debt Banks 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.

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Foreclosure Bankruptcy Loans Banks 75

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.

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Loans Debt Consolidation Credit Card Debt Bankruptcy 52

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.

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Creditors Credit Card Debt Unsecured Debt Debt settlement 76

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.

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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.

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Retrieval Lender Debt Consolidation Loans 52

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.

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Lender Banks Debt Consolidation Loans 52

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 76

Debt settlement Credit Card Debt Debt collector Lender 76

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.

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Credit Card Debt Debt Consolidation Foreclosure Bankruptcy 60

Credit Corp

MARCH 9, 2021

Going through student loan repayments can be a hassle. However, due to the COVID-19 pandemic, student loan payments and collection attempts have been paused until September 30, 2021. This means you have more time to find ways to repay your student loans before you have a defaulted loan. Table of Contents.

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Student loans Student Loans Loans Garnishment 98

Better Credit Blog

JULY 12, 2021

Student loans are a pressing issue for so many people who have put themselves through college and other higher education. Luckily, there are options for student loan forgiveness—which can wipe away some or all of what you owe. They often apply only to public student loans, with funds for forgiveness provided by the government.

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Student loans Student Loans Loans Education 52

Better Credit Blog

JANUARY 11, 2022

is the spokesperson for Debt Consolidation Care and an attorney who helps his clients deal with bankruptcy, and he says sometimes it’s the best option people have at their disposal. “It may be the only resort to get rid of debts when you have insufficient income to repay them.” When Bankruptcy Makes Sense.

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Bankruptcy Chapter 13 bankruptcy Debt Consolidation Lawyers 63

Collection Industry News

JUNE 10, 2024

The rule change, announced by the Consumer Financial Protection Bureau (CFPB) on June 11, would prevent almost any medical debt from appearing on credit reports. In a statement, the CFPB said medical bills “have little to no predictive value when it comes to repaying other loans.“

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Debt Consolidation Healthcare Debt settlement Loans 40

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

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.

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Credit Card Debt Debt Consolidation Student loans Student Loans 75