Consumer Finance Center – financing

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Collection Agency threatening legal action for item lost in natural disaster?

StripedLife asked: On August 29, 2005 my home and belongings washed away in the storm surge of Hurricane Katrina. Prior to the storm I had financed a computer purchase through Dell. This computer was destroyed in the storm. I now have a collection agency threatening legal action to collect for the balance of the computer [...]

Posted July 9th, 2010 in Personal Finance | 2 Comments »

A Few Good Tips for Teaching Personal Finance to Your Kids

DonaldRenal asked: The world of finance has changed dramatically over the course of recent decades. It wasn’t all that long ago that all that a young person really needed was an active savings account and some common sense and they were pretty much OK. Times have really changed though and now each day a persons [...]

Posted March 20th, 2010 in Personal Finance | No Comments »

How can I get more loans referred to me?

Rick-O-Shay asked: I am a new consumer loan officer wanting to get lots of people to finance through me. What are some ways I can get lots of clients?Edgar

Posted February 25th, 2010 in Personal Finance | 2 Comments »

How do you stop a Auto Repo if You have proof of Payments?

Hard Core Dance Poles asked: If you have the Pay History form the Finance Company and you have submitted your Banking Financial Statements along with a copy of the cleared check, and on the Pay History that you optained from them, it does not show that payment credited to you account. Because that payment was [...]

Posted February 23rd, 2010 in Personal Finance | 2 Comments »

Hire purchase finance agreement for a car can they take it back?

markywarky asked: I purchased a car from Carcraft and they arranged finance with a company,they stated at the time it was accepted,I signed all the documents and have copies of them including a contract of sale by Carcraft,and a finance agreement with the HP company regulated by the consumer credit act 1974…I drove home that [...]

Posted February 20th, 2010 in Personal Finance | 1 Comment »

How can I refinance my car loan and get away from Consumer Portfolio Services?

moonlight_night78 asked: So here’s my situation…
I have a 2005 Chevy Malibu that I financed from Consumer Portfolio Services (afterwards refered to as CPS) beginning in May of 2007. This is mostly becasue of getting in an accident which totalled the car that I had the previous October. I knew that my credit wasn’t [...]

Posted January 26th, 2010 in Personal Finance | 1 Comment »

Take Charge of Your Finances: Tips on Budgeting

Lauren Rose asked: Think of a budget as a useful tool—a written financial plan that helps you set goals and measure progress.With prices of commodities increasing day by day it is proper to make your very own strategic plan on maximizing your financial resources and making sure that every penny earned is well spent.Make your [...]

Posted January 11th, 2010 in Personal Finance | No Comments »

UK Consumer Finance: The proposed changes to Credit Card lending

Malcolm Murphy asked: This week has seen the announcement that the UK Government is proposing a number of changes to the way in which credit card providers can operate. The aim of the initiative is to stop providers of credit cards being able to take advantage of customers who cannot clear the balances on their [...]

Posted December 23rd, 2009 in Personal Finance | No Comments »

Fashionistas Funds Furthered Through Frugal Finances

Steve Smith asked: Although their spending on clothes might not match that of trendy American celebs, women on this side of the Atlantic still need to exercise a degree of financial caution when it comes to fashion, according to a recent study.Research conducted by More Than shows that British females spend an average of 68 [...]

Posted December 13th, 2009 in Personal Finance | No Comments »

Personal Finance and Money Management 21 – Understand Major Consumer Lenders

Kyle J. Norton asked: Everybody knows that banks are a major consumer lender, they represent over 70% of all consumer loans in the market. In fact, besides banks there are many other financial institutions that offer consumer loans in the market. Some of them offer cheaper interest rate to attract customers. It is your responsibility [...]

Posted November 19th, 2009 in Personal Finance | No Comments »