Rich Dad’s Advisors®: The ABC’s of Getting Out of Debt: Turn Bad Debt into Good Debt and Bad Credit into Good Credit
September 1st, 2010 | 
Author: admin
Author: admin
Product Description
The ABC’s of Getting Out of Debt illustrates how to: * Beat the Lenders at Their Own Game * Understand Your Credit Report * Repair Your Own Credit * Master the Psychology of Debt * Deal with Debt Collectors * Avoid Credit Scams * Win with Good Debt * Take Charge of Your Finances Garrett’s book reveals how each piece of real estate you own is a business involving all sections of Rich Dad’s B-I Triangle. The B-I Triangle is from Rich Dad’s Guide to Investing. Look for… More >>
The ABC’s of Getting Out of Debt:Trade Your Bad Debt for Good Debt and Your Bad Credit for Good Credit really stands out among the many credit and debt related books available to consumers for many reasons. For starters, the book covers the topic of credit and debt in a very thorough and objective manner. Such critical, but often overlooked, topics as the health effects of debt are addressed. In addition, the book provides very simple and practical steps to help consumers that are struggling with credit and/or debt problems.
While the book is geared toward consumers that have credit or debt problems, all consumers can benefit greatly from the legal expertise of the author and from the expertise of Gerri Detweiler, who contributed to the book. For this reason, I strongly recommend that every consumer reads this book.
- Curtis Arnold, Founder of CardRatings.com
Rating: 5 / 5
I actually have the audio version of the book and found it to be both broad and in-depth. The author dispels many of the credit myths, and examines exactly how credit is established, rated, and how it can be used in both good and bad ways. He spends a lot of time reviewing the subject of “credit repair” explaining how scammers (especially on the internet)operate. He focuses on what you can do legally to improve your credit. I’ve read most books on credit and debt management and found this to be a welcome addition to my bookshelf.
Rating: 5 / 5
This book does a great job of covering several areas of debt that all consumers will find helpful. It is written in an easy to understand language, yet rich with detail and a variety areas covered. The chapter on debt collections touched on the topic of statute of limitations, which is very important to many consumers, including me. I found that two other books that I read on consumer debt did not deal at all with this important topic. I thank Garrett Sutton (and contributor Gerri Detweiler) for a very valuable book.
Rating: 5 / 5
I was very disappointed in this book. Most of the information given is easily found on the internet for free. I thought there would be more tips on getting out of debt, but most of the book seemed to be about credit reports. I would not recommend this book at all. Just do some searches on the internet and you’ll be able to get the same info. Or just borrow this book from your local library – just don’t waste your money buying it.
Rating: 1 / 5
This is one of the best books on Debt and how to turn it around to work to your advantage. There are several strategies for reducing and consolidating debt, as well as dealing with creditors and credit reporting agencies. A must read for anyone interested in turning bad debt into good debt!
Rating: 5 / 5