Customer Reviews

Credit Card & Debt Management: A Step-By-Step How-To Guide for Organizing Debt & Saving Money on Interest Payments

5 star:		(8)
4 star:		(1)
3 star:		(0)
2 star:		(0)
1 star:		(1)

 

 

I now know how to deal with banks, and their annual fees. I never knew there is no need to pay the annual fee for a credit card. When I read how I need not pay fees, I used it that very day, and saved $35. Now I save the annual fee on all my cards. This alone makes the book worth reading.

There are many other money saving techniques in this book. Ways to save on interest payments; ways to reduce your debt; ways to have a "nest egg" available whenever you need it. This book is a great investment. The first day I read this book, I received a 175% return on my investment.

Scott Bilker is a financial expert that turns the tables around to save money with credit. It is hands down advice on taking a radical approach as a consumer that is in charge of your money, not credit in charge of your money. Scott's book goes beyond traditional ideas in fianance and offers functional finance ideas that will move you ahead in your goal to be financially independent. It is a step in the right direction no matter where you are in your budgeting skills. Scott Bilker also provides an exciting free DebtFree email newsletter that is full of information that is understandable and realistic in pracitically to obtain fianancial freedom! Thank you Scott!

"Credit Card and Debt Management" is without a doubt the TOP OF THE LINE in its class. After having read through several debt management books, this one assisted me the most in debt reduction and managing personal finances. It's clear, concise and practical, with real world examples to learn from. As a member of the U.S. military who has had to relocate every few years, the use of credit cards has been essential in maintaining an enjoyable quality of life. This book has greatly assisted in balancing it all. Investing in "Credit Card and Debt Management" is money well spent!

The book itself is not bad, information is good, somewhat dated in parts, but good. The problem is, nothing new is in the book. All of the information can be found at one of several websites like quicken.com, or bankrate.com, etc. Most of the information is pretty common sense. If you have to get the book or don't want to look on the internet for the information, then at least go to the library and check it out and save your money.

This book is excellent! It tells you the ins and outs of how credit cards work and how to use them to your advantage. It explains how to use them wisely and dispells many of the myths that so many people still believe about credit. It gives you in very simple terms the ability to compare different credit offers. The easy to use tables in the back of the book help you figure out if an offer will help or hurt you in the long run and how long it will take to pay off accounts. I also took the advice of getting a credit report. So much on there from the past that didn't need to be there that wasn't helping my rating.

What a refreshing,knowledgeable and easy to understand book. Many others have failed to teach us about debt and credit card management in a language we could relate to. This book not only teaches but guides you along the way. Intimidation of debt management and saving money is not a factor anymore, thanks to the author. It opened my eyes to many things I didn't know, or should already have knowledge of but could never understand. This book has encouraged me to take charge of my financial management and I now subscribe to the Debtsmart Newsletter, to keep the educational process going. I enjoyed the book tremendously and highly recommend it.

This is the second book I've read on debt management. Each had different areas of focus. Scott's here is debt portfolio management and the fundamentals of how loans work. He wants you to develop good financial habits and know exactly what's coming in and where it's going out, and he wants you to understand how interest rates add up, so you can cut through all the offers and pick the deal that's best for you. Consequently, there are worksheets to help you analyze your current position, and there's a lot of drilling on real-life examples of loans and what their true costs are. He gives you tables in the back of the book that make analysis fairly easy, but if you can handle a spreadsheet program that's a better way to go.

My view is that it only takes one good tip from a book like this to make it worthwhile reading. Mine was the bit about taking a longer lower-rate loan and then paying it off using higher installments, providing there are no prepayment penalties. In doing this you'll save a lot over a shorter-term higher-rate loan. The book also encouraged me to learn more about the financial functions in OpenOffice.

The book doesn't go much into credit repair, per se. Not much about how to deal with credit companies, details on how to clean up your credit reports, etc. That's why I think several books are the best way to get sharp on this stuff. But if you're in the credit ICU, this is not the first book you should read; perhaps the second.

Taking control of credit is no less than a survival skill in our economy. Even if one is not in crisis he should read books such as these occasionally. And if one is in crisis they can be a lifesaver.

CREDIT CARD AND DEBT MANAGEMENT PROVIDES A PRACTICAL STEP BY STEP EASY MANNER OF KEEPING YOUR DEBT UNDER CONTROL. THE AUTHOR APPEARS TO HAVE BEEN THERE AND GIVES YOU THE EASY WAYS TO CONSOLIDATE AND MANAGE YOUR DEBT AS WELL AS THE WAYS TO SAVE MONEY FROM CREDIT CARD MANAGEMENT TO SAVINGS WHEN PURCHASING AN AUTOMOBILE. IT'S ALL HERE FROR THE READING.

I have looked around for a book with simple and candid explanations on how to use credit cards. Bilker's format is great. The examples can easily be applied to your next credit purchase so you can save money. I am going to buy a few copies for some of my relatives and friends.

Buying Scott's book can help anyone. A wise choice and well thought out and written.