For those of you who have purchased it, you can and should consider it an investment in your financial future. Why? Because having great credit reports and credit scores is the best way to keep more of your hard earned money at home, where it belongs.
A little background...
I actually started writing this book in 1997 after I left Equifax. The original title was going to be "Inside the Walls." I had about 30 pages finished when I realized that any book about credit needed to have a significant dedication to credit scoring. I had just taken my new job at Fair Isaac (FICO) and I decided to put the book on hold until I was well versed on the subject of credit scoring.
When I left Fair Isaac in late 2004, I started re-writing the book from scratch. I finished it in early 2007. What you have is a 10-year labor of love and insight into the inner workings of the credit industry. I certainly hope you enjoy it and I hope you can leverage what you learn into better credit health and all that it entails.
Why is this book different...
This book is NOT about credit repair and it's not a bunch of quotes and research results. This book was written by an industry veteran (still in the industry) and it's all about learning how the system works so that you can function better within it. It's not about how to fool the credit reporting and credit scoring systems.
If you're trying to figure out how to beat FICO or have accurate (but negative) information removed from your credit reports under false pretenses then do NOT buy this book because it's not for you. If you are ready to learn how to EARN better credit using lessons that will last a life time and can be handed down to your children and their children then this is the book for you.
I have been looking to refinance my home with a credit score average of 620 and it wasn't working out so well. I used advice and insight from this book and got my score up to a 750 average in 3 weeks! I really didn't have any money to work with either. Of course, paying off your credit lines is the best way to get your score up, but I was very surprised to learn a few new tricks to do so without even having to pay much off! The credit score system is ridiculous and if you think you know it all, you don't!
I love how well this book is organized. It makes rather difficult insights easy to understand and easy to put into action and it really doesn't take much reading to get there.
Thanks to the authors and researchers who put this together, no other book or website I could find even compares.
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