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Consumer Finance Blog

Advice, tips, and insights for the average consumer
CollectionsFinancial AdviceFinancial TipsGet Out of DebtPersonal Finance

Why are couples lying about debt?

Ever thought about if a spouse or family member is lying about debt? Most people are shy about sharing their financial details, even with those closest to them. We often hear a partner hasn’t been 100% honest about their income or debts. Everyone has different ways of coping with debt…
Consumer First Financial
Consumer First FinancialApril 9, 2019
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
CollectionsFinancial AdviceFinancial TipsGet Out of DebtPersonal Finance

What is the Fair Debt Collection Practices Act?

Most of us have had a bill or two in collections. Have you ever received a phone call or dunning letter from a creditor or collection agency? Whether you fell behind on your financial obligations or simply forgot to pay a bill, you've probably received a reminder about your debt.…
Consumer First Financial
Consumer First FinancialMarch 28, 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
Financial AdviceFinancial TipsGet Out of DebtPersonal Finance

What is the true cost of debt?

Debt comes at a cost, and not just the obvious one. Luckily, there are tools available to consumers to help them understand and prepare for the true cost of debt. To put it simply, your cost of debt is the total amount of interest paid of the term of a…
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
Financial AdviceFinancial TipsPersonal Finance

The real cost of payday loans and cash advances

How Do Payday Loans and Cash Advances work? Payday loans and cash advances are expensive. If you take nothing else from this article, take that. They are one of, if not the highest costing line of credit available to consumers. They offer a means of getting small loans before payday,…
Consumer First Financial
Consumer First FinancialMarch 5, 2019
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Palm Harbor, FL 34684

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