Credit 911

A comprehensive guide to reclaiming your financial life After the dramatic mortgage crisis and stock market collapse, people are beginning to recognize that the only way to secure their financial future is to take charge of their own spending and saving habits. You can survive this crisis, solve your credit problems, and move on to achieve your dreams, and Credit 911 can show you how. With this book, author Rodney Anderson-a mortgage banker with over twenty years experience reviewing real-life credit cases-shares his intricate understanding of what it takes to improve your credit score and financial standing. Outlines a practical approach to solving debt and credit problems, as pertaining to marriage, divorce, collections, borrowing, co-signing as well as overcoming foreclosures, short sales, and bankruptcies Shows you how to re-establish your credit and what lenders look for Reveals the tricks of credit card companies and how to set up a system to monitor accounts, track payments, comparatively shop for credit cards, avoid credit chasing, and maintain overall capacity Discusses how to pick the right realtor as well as the right lender, how to secure a mortgage, and to avoid overspending on insurance We live in a credit economy. Our lives are governed by credit. Credit 911 provides you with a solid understanding of how this system works and offers timely tips on taking control of your financial destiny.

Foreword ix Acknowledgments xiii Introduction: Living on the Edge 1 Chapter 1 America's #2 Addiction 21 Chapter 2 Plastic Dynamite 41 Chapter 3 Affairs of the Wallet: Marriage 57 Chapter 4 Affairs of the Wallet: Divorce 79 Chapter 5 Collections: Deal with It 95 Chapter 6 The Credit System and How It Works 113 Chapter 7 Buying Real Estate Is Not a Joke 129 Chapter 8 What If I Lose My Castle? 147 Chapter 9 Damage Control 159 Chapter 10 Bankruptcy: Losing the Battle to Win the War 175 Chapter 11 Saving Your Financial Life 189 About the Author 201 Index 203