Cover image for Everyone's money book on credit
Everyone's money book on credit
Goodman, Jordan Elliot.
Personal Author:
Publication Information:
Chicago : Dearborn Trade Publishing, [2002]

Physical Description:
viii, 199 pages : illustrations ; 23 cm.
Types of credit -- Qualify for and establish good credit -- Applying for credit -- How does your credit rate? -- Protect your credit and yourself -- Solving credit and debt problems -- When bills go to collections -- Bail yourself out.
Subject Term:
Format :


Call Number
Material Type
Home Location
Item Holds
HG3755 .G658 2002 Adult Non-Fiction Non-Fiction Area
HG3755 .G658 2002 Adult Non-Fiction Open Shelf

On Order



People today carry more debt than ever before - and credit reports and ratings are becoming more and more important in determining what you can and cannot buy. Chances are, even if you haven't checked your credit report in years, you probably know if you've racked up too much debt. If that's the case, check out Everyone's Money Book on Credit by Jordan Goodman and learn how to manage - and reduce - debt.

Author Notes

Jordan E. Goodman is a weekly contributor to Public Radio International's Marketplace in the Morning and appears frequently as a personal finance commentator on NBC, MSNBC, CNN, CNBC, and Fox television. He also is a frequent guest on radio call-in shows around the country. On the editorial staff of Money magazine for 18 years, where he served as Wall Street correspondent, Goodman was also a weekly financial analyst on NBC News at Sunrise for 9 years and a daily financial commentator on the Mutual Broadcasting Network for 8 years

Table of Contents

List of Figuresp. v
Prefacep. vii
1. Types of Creditp. 1
Open-End versus Closed-End Creditp. 1
Secured versus Unsecured Creditp. 4
Truth-in-Lending Rulesp. 5
Types of Loansp. 6
Resourcesp. 16
2. Qualify for and Establish Good Creditp. 18
The Three Cs of Good Creditp. 18
Getting Credit for the First Timep. 19
Who Qualifies for Credit?p. 22
Reasons You May Be Denied Creditp. 24
Reasons You May Not Be Denied Creditp. 26
Resourcesp. 35
3. Applying for Creditp. 37
Establish Your Debt Limitsp. 37
Choosing and Paying for Your Creditp. 38
Additional Feesp. 40
Surf for Less Expensive Creditp. 45
When Is Credit Better than Cash?p. 51
Resourcesp. 55
4. How Does Your Credit Rate?p. 58
Your Credit Reportp. 58
Know the Scorep. 73
Resourcesp. 89
5. Protect Your Credit--and Yourself!p. 92
Credit Card Fraudp. 93
Identity Theftp. 95
Resourcesp. 117
6. Solving Credit and Debt Problemsp. 138
When You've Assumed Too Much Debtp. 138
First, Check for Mistakesp. 139
Three Ways to Figure Out Where You Standp. 140
Using Your Computer to Improve Your Credit Managementp. 157
Resourcesp. 159
7. When Bills Go to Collectionsp. 163
The Collections Processp. 165
How Do Collections Agencies Find You?p. 165
Your Rightsp. 166
What If the Collection Agency Breaks the Law?p. 170
Dealing with Collection Agenciesp. 172
When Agencies Take Legal Actionp. 175
Resourcesp. 179
8. Bail Yourself Outp. 181
Bankruptcyp. 186
Chapter 13 Bankruptcyp. 187
Chapter 7 Bankruptcyp. 190
Financial Life after Bankruptcyp. 191
Resourcesp. 192
Indexp. 195