Debt 101 : from interest rates and credit scores to student loans and debt payoff strategies, an essential primer on managing debt

Cagan, Michele, author.

First Adams Media hardcover edition.

Book

New York : Adams Media, 2020.

254 pages, 8 unnumbered pages of plates : color illustrations ; 19 cm.

"Debt is a part of life. But all too often, financial planning books turn the noteworthy details of managing debt into a lecture that would put even the most savvy money manager to sleep. Debt 101 cuts out the boring explanations and instead provides hands-on lessons that keep you engaged as you learn how to build financial security. From good versus bad debt to loan options and what you really need to know about credit cards, this primer is packed with hundreds of entertaining tidbits and concepts you won't be able to get anywhere else"--Page 4 of cover.

Adams 101

Adams 101.

Finance, Personal.

Debt.

Saving and investment.

Debt one oh one

Debt one hundred one

Debt one hundred and one

Debt 101 : a crash course in debt management

Introduction -- How loans work. A brief history of debt ; Terms & conditions ; Amortization ; Different types of debt ; Predatory lending -- The right way to borrow money. Borrowing versus debt ; Credit building comes first ; Assets versus expenses ; Making money on the deal ; Building a business -- Student loans. Minimize your college costs ; Filling out the FAFSA ; How student loans work ; Going deeper on federal loans ; Making the payments ; Consolidating and refinancing -- Credit cards. How credit cards work ; Different types of cards ; The costs of credit cards ; Use your credit card effectively ; Balance transfers ; Getting out of credit card debt -- Mortgages. Right-size your mortgage ; Save up for a substantial down payment ; Fixed versus ARM ; Thirty year versus fifteen year ; Find the best lender ; Refinancing and prepayments -- Other types of debt. Car loans ; HEL/HELOCS ; Personal loans ; Payday loans ; Medical debt ; Business loans -- Paying off debt. Prioritize your debt ; Effective paydown plans ; Get the right help ; Dealing with collections ; Understand bankruptcy -- Living debt-free (doesn't mean no borrowing). Wealth building ; Faster retirement savings ; Maintain an excellent credit score ; Rewards cards/credit card advantages ; Investing (in properties, etc.) but not gambling (margin accounts) -- The other side of debt/be the bank. Investing in debt ; Buy bonds ; Mortgage REITs ; Peer-to-peer lending ; Hard money lending (trust deed investing).

9781507212660