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Consumer Finance Blog

Advice, tips, and insights for the average consumer
Credit CardsDebt Relief ProgramsDebt SettlementFinancial AdviceFinancial TipsUnsecured Debt

Multiple credit cards, your credit score, and relief options

How is my credit score affected if I have multiple credit cards? A question most commonly on the minds of people who have some degree of outstanding debt. It's a surprisingly common scenario; consumers sign up for bank cards, store cards, payday loans, etc. They quickly find themselves with multiple…
Consumer First Financial
Consumer First FinancialApril 4, 2019
Debt Relief ProgramsDebt SettlementFinancial AdviceFinancial TipsGet Out of DebtUnsecured Debt

Will I get a refund at the end of a debt settlement program?

Debt settlement program refund? Too good to be true. Debt relief isn’t always pleasant to a consumer’s credit score. However, for many, it is not an option but a necessity to avoid Chapter 7 bankruptcy. Many people opt for debt settlement, thinking that it's the best way to pay less…
Consumer First Financial
Consumer First FinancialApril 3, 2019
CollectionsCredit CardsDebt Relief ProgramsFinancial AdviceGet Out of DebtUnsecured Debt

Common Mistakes When Seeking Debt Relief

How did we get here, and where do we go? The words debt, loans and bills are common words in the United States. There are very few houses that are truly free from these things. Too many times we try to keep up with the Joneses by acquiring more than…
Consumer First Financial
Consumer First FinancialApril 1, 2019
Debt Relief ProgramsDebt SettlementGet Out of DebtUnsecured Debt

What can you expect after completing a debt relief program?

The program you choose matters Debt settlement is negotiating with a creditor or collection agency to settle a debt for less than what you owed. Sounds nice, right? Well, it is, at least if you understand the potential downsides and how they may affect you. Debt settlement is likely going…
Consumer First Financial
Consumer First FinancialMarch 31, 2019
Debt Relief ProgramsDebt SettlementGet Out of Debt

Staying Out of Debt After Completing a Relief Program

Your debt is finally gone... now what? Going through a relief program can be stressful, and you can’t avoid taking a few hits. However, completing a successful debt relief program is a great feeling; your debts are finally paid off and you can officially “start over”. But, old habits die…
Consumer First Financial
Consumer First FinancialMarch 26, 2019
CollectionsDebt Relief ProgramsFinancial AdviceFinancial TipsGet Out of DebtPersonal Finance

How Much Debt is Too Much?

The financial struggle is all too real. Most Americans have debt. So, if you're like the average American earning a low wage, there's a good chance you're part of this number. A certain level of debt is fine, especially if it has to do with a financial goal like owning…
Consumer First Financial
Consumer First FinancialMarch 26, 2019
BankruptcyDebt Relief ProgramsDebt SettlementFinancial AdviceGet Out of DebtUnsecured Debt

Debt Settlement vs Bankruptcy

Debt settlement vs. Bankruptcy, you have options. Many people get chills when they hear the word “bankruptcy”. Often because we associate it with losing all our money, destroying our credit, and living on the streets... a bit dramatic, but it is a significant decision to make. For some people, it…
Consumer First Financial
Consumer First FinancialMarch 26, 2019
Debt Relief ProgramsFinancial AdviceFinancial TipsGet Out of Debt

Simple strategies for paying off debt in 2019

Get out of debt in 2019, is it possible? Debt can be a serious roadblock to progress, especially in this present economy. As of February 2019, the United States was reported to have accumulated a $22 trillion outstanding debt. While that may be discouraging, there are some simple strategies for…
Consumer First Financial
Consumer First FinancialMarch 12, 2019
Debt Relief ProgramsDebt SettlementFinancial AdviceUnsecured Debt

How Does Debt Settlement work?

Consumer debt continues to grow Having debt(s) that you’re unable to keep up with not only causes stress, it can affect you emotionally and mentally too. Unfortunately, many Americans are in the same position. According to a recent survey; the total outstanding (yet to be paid) Consumer Debt in the…
Consumer First Financial
Consumer First FinancialFebruary 27, 2019
Debt Relief ProgramsDebt SettlementGet Out of DebtUnsecured Debt

Debt Settlement or Consolidation, which is right for me?

Debt Settlement or Debt Consolidation ... how do I choose? Average Americans are in a lot of debt, and it's nothing to be embarrassed about, usually.  Right now is an unprecedented time in the world of consumer debt - According to the Federal Reserve Bank of New York, Americans are borrowing…
Consumer First Financial
Consumer First FinancialFebruary 2, 2019
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