Customer Reviews

Repair Your Own Credit

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

 

 

As a person who knows the credit repair industry traits & practices, I am sorry to inform you this book falls short of helping any reader wanting to repair their own credit. I usally like to read 2 books a year on credit repair. I do this so I can check out the advice and knowledge of others in the credit industry. If you're looking for a book to assist you in repairing your credit,LOOK ELSEWHERE! This book gives the reader very basic information, this is information the reader probably already knows or that could be obtained from the federal trades commission or any of the 3 credit reporting agencies for FREE. I really got a good laugh when I saw chapter 5 "The Importance of Good Credit". I said to myself, "Why waste a chapter on this subject?" Anyone buying this book, or for that matter any book on the subject credit repair, is well aware of the importance of good credit!

Let's move to chapter 7 titled "Repairing Your Credit Step-by-Step". This chapter only has 12 pages.The first 7 pages are how to repair your credit and the next 5 pages are sample dispute letters. I'm sorry but this chapter should be the meat and potatoes of the book not "THE STRING BEAN". Another disappointment was chapter 9 titled "Lending Scams". This chapter has 11 pages on this subject: "WHO CARES"! This book is suppose to be about "CREDIT REPAIR". I think this book had good intentions, but just couldn't put it together. It had alot of usless information scattered throughout the book.

I feel anyone looking to repair their credit will not gain the knowledge or confidence to complete their goals with this book. The only positive thing about this book is that it is easy to read. My advice to anyone looking to repair their credit is LOOK ELSEWHERE!

I would just like to add, I just completed reading a book by BILL KELLY,JR."THE COMPLETE GUIDE TO CREDIT REPAIR". Now this was a great book! I will be writing a review on this great book soon. STAY TUNED!

This book is very good for people that do not work in the fields of credit/accounting/banking, etc. Much of what it had to say I already knew, but I guess I can therefore say I agree with it. It tells you why YOU should repair your own credit and not pay someone else to do it. It tells you WHY you should do it. It gives a good bibliography.... but it does NOT tell you HOW to do it. That's really what I was looking for. I liked it well enough to buy his other book, Life After Debt, which is advertised as a how-to. I'll get back to you.

Mr. Hammond's guide has helped me remove several bad entries in my credit reports. I have advised a few of my friends of his techniques, and they too have had success in removing negative entries in their credit reports. I never realized how easily my credit could be ruined, or repaired. I highly recommend this book!

I read the book and have used some of the principles it presented. For the most part I thought the book brought together a fair amount of information for a novice to use in repairing ones credit.

It by all means is not the total repair guide but it really is designed for easy to understand reading and that is just what it presents and does an good job.

If I were the professional that was looking for a more comprehensive look into advanced tactics, then this book is not for you.

If you want to improve your score or fix some nagging but easier credit issues then this book works.

Curt
http://www.101-credit-debt-finance.com/

I'm puzzled about this material and the author. Hammond has written severeal books about how to get bad things off of credit reports and fix credit, often times citing illegal tactics. However, in this book he attempts to educate readers about credit repair scams; some of the scams and illegal practices he was previously an advocate of. Ok about the book. It will give readers and idea of how the credit reporting system works and relates to consumers. There is a lot of talk about Experian and not enough about the other two agencies. Apparently the author was involved in litigation with Experian. The material is often repetitive making it redudant. The chapters are too short and leave the reader wanting more thorough explanations of the topics (for example: credit scoring, identity theft and credit repair) Also, his interpretation of how creditors interpret credit inquiries and other data is incorrect. The book suggest that too many inquiries = bad risk. This isn't true b/c inquiries have the least impact on FICO scores.He also notes that a person's spouse's name appears on his credit report along with his number of dependents and marrital status - All of which are not true. Summary - More emphasis should have been placed on the accuracy of the data outlined in this book but it's a pretty good start for beginners. I'd recommend The Insider's Guide to Credit Repair by K E Varner for the most up-to-date and accurate information about credit repair, id theft, and scoring.

Recently my wife discovered negative entries in her credit report. She sent letters and documentation, but it was of no help. The entries remained. I bought Mr. Hammond's guide as a last resort. I followed his advice, and to our surprise, my wife's negative entries have been deleted. Mr. Hammond's techniques have cleared the way for us to get our first home.

I recieved more useful information from a pamplet my bank sent to me than from this book. This book rambles on about how good credit affects you and why it's important to have good credit. The useful information is simply repeating what most people already know - That you can write your credit agency, and for a fee get a copy of your report, and you can write them a letter disputing what's in your report. It does not give any real depth to help you straiten out your credit.