consumer-buying-power-vs-credit-report Buying PowerConsumer CreditCredit CardsCredit ScoreFinancial AdviceFinancial TipsPersonal Finance

Consumer Buying Power & Credit Score: What’s the Difference?

Credit score and consumer buying power work together, but also stand alone. Confused? These two financial concepts are "must-know" concepts for all consumers. Both have influence on overall financial decisions, and both contribute to lending decisions. Briefly, credit is a structured accounting of your past financial dealings, with a score…
Consumer First Financial
October 30, 2022
How to dispute an error on your credit report Consumer CreditcreditFinancial AdviceFinancial TipsGet Out of DebtPersonal Finance

How to dispute an error on your credit report.

Your credit matters, learn how to dispute and error. Your credit report reflects vital information about… well, you. And, this isn’t limited to credit specific information. A credit report is a window into your past and present that lenders use to determine creditworthiness. Your credit report contains other information, too,…
Consumer First Financial
October 20, 2022
What is the average credit card debt? Consumer CreditCredit CardsCredit ScoreDebt Relief ProgramsFinancial AdviceFinancial TipsPersonal Finance

How do you stack up to the average credit card debt?

What is credit card debt? Americans have several different types of debt, beyond credit card debt, which includes mortgages, auto loans, and student loans. All are totaling up to an average debt per household of $132,529. Besides standard credit card debt, like an everyday credit card, consumer finance accounts also…
Americans have credit card debt. Consumer CreditCredit CardsCredit ScoreDebt Relief ProgramsFinancial AdviceFinancial TipsPersonal FinanceUnsecured Debt

Americans Have Credit Card Debt. A Lot of It.

American’s Average Credit Card Debt: How Do You Measure Up?  Despite minor growth in household income levels over the past few years, Americans are still largely burdened by consumer debt. This is by and large due to student loans, mortgage and of course, credit card debt.  According to the Wall…
Minimum credit card payments. Credit CardsCredit ScoreDebt Relief ProgramsDebt SettlementFinancial TipsGet Out of DebtPersonal FinanceUnsecured Debt

Making minimum payments on your credit card is like treading water.

The Real Cost of Making Minimum Payments on Your Credit Cards Like any rational consumer, minimizing loss and maximizing gains is the ultimate goal for your finances. A credit card can easily give you a false sense of security, emboldening you to spend when you should be saving. A creditor…