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What is consumer finance?

By Zippia Team - Jan. 8, 2023

Consumer finance is the borrowing, savings, and investment choices that people make over time. In simple terms, it is the financial choices of a consumer. These financial decisions can be complex and have lasting effects over time.

Often, people hire out aspects of consumer finance so that they are able to make correct choices in these complex financial decisions. Hiring someone who has a background in savings and investments can be extremely beneficial for the average consumer, and there are many professionals with a strong background in consumer finance.

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