Managing a Consumer Lending Business

Average customer rating:

Managing a Consumer Lending Business

Excellent book for beginners

An Excellent Guide for Retail Banking Marketers Entering Lending Business

Good primer for analysts looking for more domain knowledge

Best in its Class

Managing a Consumer Lending Business
David Lawrence , and Arlene Solomon
Manufacturer: Solomon Lawrence Partners
ProductGroup: Book
Binding: Paperback

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Paying with Plastic, 2nd Edition: The Digital Revolution in Buying and Borrowing

ASIN: 0971753709

Book Description

"Managing a Consumer Lending Business" summarizes the lore and the knowledge of the business as the new century begins. It covers many subjects a good manager should know: the importance of how to attract enough good accounts to offset the inevitable bad accounts that every lender will get, controlling line sizes, encouraging use by good customers/discouraging or controlling the bad customers, managing profitability with predictability, if he or she is to effectively run a high-volume consumer business.

Customer Reviews:

Managing a Consumer Lending Business.......2007-07-14

I was looking for a solid foundation of facts and tried practices for retail banking employees could use to attrack new business. This book didn't offer that

Excellent book for beginners.......2006-12-10

To people who are entering the profession of consumer lending, this is an excellent primer. It gives a 360 degree view of the business from acquisition and management of accounts to collections, recoveries and profitability analysis. While it doesn't cover any one topic in great depth, it is an ideal book for people starting off in this exciting business. I wish David Lawrence would write many more books. He has the art of explaining concepts in a clear manner. I really enjoyed this book.

An Excellent Guide for Retail Banking Marketers Entering Lending Business.......2006-10-22

In market place, there are few books that are easy to understand but comprehensive to cover all respective area of consumer lending business. I have to say, this is one of the few. In the past, I acquired the personal lending knowledge from some credit scoring books with difficult math and serious multi-variable statistics. This title is not only easy even for marketing or sales persons to understand the basic concept but also good for new credit analysts or college/graduate students who just joined the business to have a whole concept. Strongly recommend this title to those who are in the marketing or business planning roles in retail lending business. It could help bridge the knowledge gap about the lending business and create some common langague with other functions, especially credit and collection. However, for those in credit function, this title is good for overall understanding but not detailed or comprehensive enough for risk management.

Good primer for analysts looking for more domain knowledge.......2006-09-06

Managing a Consumer Lending Business by David Lawrence and Arlene Solomon is a good primer I recommend for the readers of S4SAS.com and analysts working in the areas of consumer lending in general.

This book covers the fundamental principles of lending along with the practices at various product life cycles. While conducting SAS training, I observed that lot analysts do not know why managers look for some information and why they insist on certain format the information to be presented. After reading this book, the reader will have a background to understand the business requirements better and will be familiar with necessary lending related terminologies.

I found the following topics covered in the book useful for an analyst.

1. Overview to the consumer lending process and products.
2. Acquisition and direct mailing - segmentation, prescreen processes and practices.
3. The use of credit scoring, score monitoring and reporting process.
4. Portfolio Management and utilization of behavioral scores, strategy tracking.
5. Collection strategies and tactics
6. Private label credit cards and retail sales (dealer) financing.
8. Importance of Management Information systems.

Best in its Class.......2004-01-20

Managing a Consumer Lending Business is an excellent primer covering both fundamental practices and principles for safe and sound lending. This book covers the basics well and should be required reading for management trainees and those new to consumer lending. This 2002-published book is superior to older, now-obsolete books on consumer lending, and is spiced with anecdotes, quotes and references to mistakes that made headlines. The chapter on recessions is germaine and usually neglected by other books. The only criticisms are minor: a few too many references to the authors' consulting practice, and it would be improved by a chapter or two on securitization and the gain-on-sale practices.

The Standard & Poor's Guide to Measuring and Managing Credit Risk

Average customer rating:

Must have for risk management
Most Appropriate for Basel II
a complete, robust and comprehensive valuable resource!

The Standard & Poor's Guide to Measuring and Managing Credit Risk
Arnaud de Servigny , and Olivier Renault
Manufacturer: McGraw-Hill
ProductGroup: Book
Binding: Hardcover

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ASIN: 0071417559

Book Description

Today's most complete, up-to-date reference for controlling credit risk exposure of all types, in every environment

Measuring and Managing Credit Risk takes you far beyond the Basel guidelines to detail a powerful, proven program for understanding and controlling your firm’s credit risk. Providing hands-on answers on practical topics from capital management to correlations, and supporting its theories with up-to-the-minute data and insights, this authoritative book examines every key aspect of credit risk, including:

Determinants of credit risk and pricing/spread implications
Quantitative models for moving beyond Altman’s Z score to separate “good” borrowers from “bad”
Key determinants of loss given default, and potential links between recovery rates and probabilities of default
Measures of dependency including linear correlation, and the impact of correlation on portfolio losses
A detailed review of five of today’s most popular portfolio models—CreditMetrics, CreditPortfolioView, Portfolio Risk Tracker, CreditRisk+, and Portfolio Manager
How credit risk is reflected in the prices and yields of individual securities
How derivatives and securitization instruments can be used to transfer and repackage credit risk

Today’s credit risk measurement and management tools and techniques provide organizations with dramatically improved strength and flexibility, not only in mitigating risk but also in improving overall financial performance. Measuring and Managing Credit Risk introduces and explores each of these tools, along with the rapidly evolving global credit environment, to provide bankers and other financial decision-makers with the know-how to avoid excessive credit risk where possible—and mitigate it when necessary.

Customer Reviews:

Must have for risk management.......2007-06-29

Yes, this is a must have. Written by S&P auther, it is the definitive guide, no question should be asked. cause they are credit king.

Many details on how to measure risk, quantitative methods in detail. Ideas and industry practice all in great detail. I could imagine some quants will use it as a cook book for their project.

overall, well written for easy read. both good for a glance at credit risk and for in depth learning of industry standard.

Most Appropriate for Basel II.......2005-09-08

If you are Banker/Banking Consultant then this book is the closest you will get to understanding Credit Risk from a Basel II perspective. Its clear & lucid style helped me understand the gamut of techniques used in Credit Risk Measurement. Unfortunately the Book does not get into the details of bulinding models so if your looking for a model building cookbook, look elsewhere.

a complete, robust and comprehensive valuable resource!.......2004-06-16

In Measuring and Managing Credit Risk, the authors provided a robust, complete and comprehensive treatment of several aspects of modern credit risk measurement and management. Written by two high talented practitioners, this book will become certainly a reference both for academics and practitioners thanks to its careful treatment of several not so known empirical issues which practitioners have to face everyday. At the same time, do not consider the book as a new recipes book for managing credit risk. Both authors already proved their deep knowledges of financial theory and establish once again, through this book, how advanced knowledges of theory combined with significant practical experience make leading researches. As a PhD candidate in Finance, actually writing on credit risk, I definitively adopted this book and higly recommend it for anyone dealing with credit risk issues either through a practical experience or through a theoritical work.

Financial Risk Management: A Practitioner's Guide to Managing Market and Credit Risk (with CD-ROM)

Average customer rating:

Best Practical Risk Management Book Ever!
Smart, Savvy, Practical
An Excellent book on risk management

Financial Risk Management: A Practitioner's Guide to Managing Market and Credit Risk (with CD-ROM)
Steve L. Allen
Manufacturer: Wiley
ProductGroup: Book
Binding: Hardcover

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ASIN: 0471219770

Book Description

An insider's view of financial risk management
This complete guide covers the strategies, principles, and measurement techniques necessary to measure and manage financial risk. With a focus on management perspective, this book explores real-world issues such as model validation, risk measurement, valuation methodologies, and much more. Self-contained Excel spreadsheets are included on the companion CD-ROM.
Steve Allen (New York, NY) is Managing Director of Market Risk Management at J.P. Morgan Chase. He has been a key architect of Chase's Value-at-Risk and Stress Testing systems. Allen also serves as Co-Chairman of the Market and Credit Risk Committee of the Bond Market Association and is coauthor of Valuing Fixed Income Investments and Derivative Securities.

Customer Reviews:

Best Practical Risk Management Book Ever! .......2006-05-24

Allen's book is absolutely phenomenal. Most of the risk management books out there are too technical to be of any practical use. Allen truly focuses on the practice of risk management and gives us insights on how to be a truly good risk manager. Traders could benefit from his insights as well. I particularly liked his breakdown of linear vs. non-linear risks, and liquid vs. non-liquid positions. In terms of the practical risk management of options (vanilla and exotics) I haven't seen anything this clear and this comprehensive. The accompanying CD is an absolute blessing in order to fully understand the concepts like price vol matrices, etc. This should be a required additional reading for all students in financial mathematics/MBA programs around the world! Well Done Mr. Allen!!

Smart, Savvy, Practical.......2003-11-14

Allen delivers the most insightful look at market risk management for dealers since the Group of 30 Report. While other books are taking on an increasingly bureaucratic tone when it comes to risk management, Allen is refreshingly proactive. I really like the treatment of valuation reserves. His discussion of managing spot, forward and options risks bridges the gap between what a trader is thinking and what a risk manager should be thinking. This isn't a book for the sort of risk manager who hasn't been on the trading floor in a few months. It is a tactical book for the pro who works shoulder to shoulder with quants, traders and salespeople. Note that the book is qualitative. For the quantitative side of all this, see Holton's landmark "Value-at-Risk".

An Excellent book on risk management.......2003-06-18

This is a must buy book for both kinds of people: students or people in academia and practitioners who want to understand different type of risk they face at a macro or micro level. The reasons I like this book on risk management better than thousand others already out there are following. I like to describe this book as having two sections, both the sections are very important and people can focus on either depending on what they are looking for. The first part of the book provides a very good understanding of the risks faced by managers, for example risk managers, head of a trading portolfio or a desk or even CEOs. Very often these people face risk which are hard to quantify or even understand and are not often talked about. The author draws from personal experience and provides interesting case studies,. which makes this part of the book a pleasure to read. I learnt about model risk, reputation risk and other such risks which typically a junior person on a trading desk is not exposed to. So this understanding is very valuable in order to communicate with your boss or to get more insights about risks that management may care about.
The Second part of the book focusses on risk management of different type of instruments, instruments range from plain vanilla to complex path dependent options. It spans through assets classes as well. As promised by the author, the level of mathematical and quantitative background required is kept to the minimum. The text provides intuition about what market variables or market moves a specific instruments depends on rather than complex formulae to price such instruments. For somebody like me, who has a little more mathematical background than an average reader, the text points to latest research or specific papers that I can explore if I want to flex my quantitative muscle.
The book is full of very interesting exercises and case studies, which are truly practical. This is something which is completely different from many texts that I have seen on this topic.
Overall, I highly recommend this book to anybody who has anything to do with trading financial instruments.

Managing Bank Risk: An Introduction to Broad-Base Credit Engineering

Average customer rating:

Best book on the topic
Extraordinary
Incredible! Leading Resource to Understand Bank Risk
BEST IN CLASS
Bank Risks

Managing Bank Risk: An Introduction to Broad-Base Credit Engineering
Morton Glantz
Manufacturer: Academic Press
ProductGroup: Book
Binding: Hardcover

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ASIN: 0122857852

Book Description

Featuring new credit engineering tools, Managing Bank Risk combines innovative analytic methods with traditional credit management processes. Professor Glantz provides print and electronic risk-measuring tools that ensure credits are made in accordance with bank policy and regulatory requirements, giving bankers with the data necessary for judging asset quality and value. The book's two sections, "New Approaches to Fundamental Analysis" and "Credit Administration," show readers ways to assimilate new tools, such as credit derivatives, cash flow computer modeling, distress prediction and workout, interactive risk rating models, and probabilistic default screening, with well-known controls. By following the guidelines of the Basel Committee on Banking Supervision, Managing Bank Risk offers useful models, programs, and documents essential for creating a sound credit risk environment, credit granting processes, and appropriate administrative and monitoring controls.

Key Features
* Book includes features such as:
* Chapter-concluding questions
* Case studies illustrating all major tools
* EDF Credit Measure provided by KMV, the world's leading provide of market-based quantitative credit risk products
* Library of internet links directs readers to information on evolving credit disciplines, such as portfolio management, credit derivatives, risk rating, and financial analysis
* CD-ROM containing interactive models and a useful document collection
* Credit engineering tools covered include:
* Statistics and simulation driven forecasting
* Risk adjusted pricing
* Credit derivatives
* Ratios
* Cash flow computer modeling
* Distress prediction and workouts
* Capital allocation
* Credit exposure systems
* Computerized loan pricing
* Sustainable growth
* Interactive risk rating models
* Probabilistc default screening
* Accompanying CD includes:
* Interactive 10-point risk rating model
* Comprehensive cash flow model
* Trial version of CB Pro, a time-series forecasting program
* Stochastic net borrowed funds pricing model
* Asset based lending models, courtesy Federal Reserve Bank
* The Uniform Financial Institutions Rationg System (CAMELS)
* Two portfolio optimization software models
* a library of documents from the International Swap Dealers Association, the Basel Committee on Banking Supervision, and others

Customer Reviews:

Best book on the topic.......2004-04-15

This book trully deserves 5 stars. It is literally stuffed with very specific steps, processes and case studies. Moreover the book is easy to understand. It is very worth the money. I highly recommend this book to credit risk managers, financial analysts or to those readers who are involved in development of credit policies or procedures.

Extraordinary.......2003-01-14

Managing Bank Risk, An Introduction to Broad-Base Credit Engineering, takes on a Herculean task of capturing an extraordinarily extensive array of risk management subjects. Having spent several years in my prior career as a Corporate Banker to Fortune 500 Companies, I was familiar with some of the material within the book. However, I found that the most critical tools that I accumulated and have come to rely on have by and large been aggregated and explained clearly through both quantitative and qualitative approaches. Going beyond definitions and methodology, Managing Bank Risk lends focused perspective and context through the use of case studies. Having built various articulating sensitivity models over the course of my career, I appreciated the book's foundation of credit metrics, financial statement analysis with focus on cash flow analysis, proper asset-based lending approaches and detailed explanations of several forecasting techniques. From a pure banking perspective, Mr. Glantz commits significant time to portfolio management, hedging techniques, and understanding derivatives. Having seen only a small fraction of the statistical forecasting tools from business school that Mr. Glantz covers in the book, I found both the theory and practical software-based tools fascinating. Managing Bank Risk also evaluates and lucidly explains many corporate finance concepts and valuation tools such as Real Options and Pricing Models, which I have found important to have a controlling knowledge of in my career as an Investment Banker. Finally, but certainly not in summation, Managing Bank Risk reviews and identifies important Accounting and Corporate Structure insights and lessons that can be taken from recent corporate scandals. Given the sheer volume and quality of topics covered from the most fundamental to some of the most sophisticated, cutting-edge models available today, I would suggest this well-written and comprehensive book as a must-read for business school students or as a reference guide for finance professionals.

Incredible! Leading Resource to Understand Bank Risk.......2003-01-09

Glantz provides an astonishing and comprehensive overview of current banking practices. The book provides the necessary approaches for managing risk and uncovering discrepancies in today's environment of corporate shenanigans. The chapters on credit derivatives and pricing models are the most impressive of all writings on these subjects and are presented in a very clear and concise manner. Finally, the resources and risk rating system included on the CD is worth the price of the book alone.

BEST IN CLASS.......2003-01-02

This book is simply brilliant! Not only did I learn about new techniques for managing bank risk but found it similar to a novel that I never wanted to put down. I never take the time to write critiques but this book definitely warranted it.

Bank Risks.......2002-12-30

Managing Bank Risks is the definitive handbook on how bank risks should be managed. It presents new, leading edge techniques of risk management in a practical, user-friendly way. The accompanying CD provides underpinning for the risk manager to hone his skills. Morton Glantz has done a superb job, providing the reader with the latest risk management techniques under öne roof"

Developing And Managing a Successful Payment Cards Business

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Developing And Managing a Successful Payment Cards Business
Jeff H. Slawsky , and Samee Zafar
Manufacturer: Ashgate Publishing
ProductGroup: Book
Binding: Hardcover

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Managing a Consumer Lending Business

ASIN: 0566086484

Managing Credit Risk: The Next Great Financial Challenge (Frontiers in Finance Series)

Average customer rating:

Executive Summary on Managing Credit Risk
Too good to be true?
Innovative approach to Managing credit risks
A Foot in the Door
Managing Credit Risk is a fabulous book.

Managing Credit Risk: The Next Great Financial Challenge (Frontiers in Finance Series)
John B. Caouette , Edward I. Altman , and Paul Narayanan
Manufacturer: Wiley
ProductGroup: Book
Binding: Hardcover

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Managing Bank Risk: An Introduction to Broad-Base Credit Engineering

ASIN: 0471111899

Book Description

The first full analysis of the latest advances in managing credit risk.

"Against a backdrop of radical industry evolution, the authors of Managing Credit Risk: The Next Great Financial Challenge provide a concise and practical overview of these dramatic market and technical developments in a book which is destined to become a standard reference in the field." -Thomas C. Wilson, Partner, McKinsey & Company, Inc.

"Managing Credit Risk is an outstanding intellectual achievement. The authors have provided investors a comprehensive view of the state of credit analysis at the end of the millennium." -Martin S. Fridson, Financial Analysts Journal.

"This book provides a comprehensive review of credit risk management that should be compulsory reading for not only those who are responsible for such risk but also for financial analysts and investors. An important addition to a significant but neglected subject." -B.J. Ranson, Senior Vice-President, Portfolio Management, Bank of Montreal.

The phenomenal growth of the credit markets has spawned a powerful array of new instruments for managing credit risk, but until now there has been no single source of information and commentary on them. In Managing Credit Risk, three highly regarded professionals in the field have-for the first time-gathered state-of-the-art information on the tools, techniques, and vehicles available today for managing credit risk. Throughout the book they emphasize the actual practice of managing credit risk, and draw on the experience of leading experts who have successfully implemented credit risk solutions.

Starting with a lucid analysis of recent sweeping changes in the U.S. and global financial markets, this comprehensive resource documents the credit explosion and its remarkable opportunities-as well as its potentially devastating dangers. Analyzing the problems that have occurred during its growth period-S&L failures, business failures, bond and loan defaults, derivatives debacles-and the solutions that have enabled the credit market to continue expanding, Managing Credit Risk examines the major players and institutional settings for credit risk, including banks, insurance companies, pension funds, exchanges, clearinghouses, and rating agencies. By carefully delineating the different perspectives of each of these groups with respect to credit risk, this unique resource offers a comprehensive guide to the rapidly changing marketplace for credit products.

Managing Credit Risk describes all the major credit risk management tools with regard to their strengths and weaknesses, their fitness to specific financial situations, and their effectiveness. The instruments covered in each of these detailed sections include: credit risk models based on accounting data and market values; models based on stock price; consumer finance models; models for small business; models for real estate, emerging market corporations, and financial institutions; country risk models; and more. There is an important analysis of default results on corporate bonds and loans, and credit rating migration. In all cases, the authors emphasize that success will go to those firms that employ the right tools and create the right kind of risk culture within their organizations. A strong concluding chapter integrates emerging trends in the financial markets with the new methods in the context of the overall credit environment.

Concise, authoritative, and lucidly written, Managing Credit Risk is essential reading for bankers, regulators, and financial market professionals who face the great new challenges-and promising rewards-of credit risk management.

Customer Reviews:

Executive Summary on Managing Credit Risk.......2003-08-21

This book is good overview on current status of the credit risk management. I recommend it to those who need to get quick overview on what it takes. It compares classic credit analysis with new approaches, explains the credit culture etc. However this can not be used as a single source of information. You will need additional books. Do not expect to get mathematical formulas in this book. There is only very few of them, which is benefitial here, because the book is easy to understand. What you will get is a vision on how the credit risk should be managed. If you seek specific advices on how to manage credit risk than there are better books like Managing Bank Risk: An Introduction to Broad-Base Credit Engineering from Morton Glanz.

Too good to be true?.......2003-08-04

While the recent comment "Comprehensive Resource on Credit Risk Management" is very good in many ways, I wish it explains more in the low yielding instruments, like the wit it shows in the treatment of high yield.

Innovative approach to Managing credit risks.......2002-02-18

This book popularises the new portfolio management approach to managing loan portfolios.The attempt is to mark the value of loans to market. This assumes a vibrant market for securitised loans , strips etc.It is a very good introductory book an the subject which is now evolving.It should be read by regulators and those who have supervisory roles.It is easy reading not much encumbered by obscure mathematical equations
This is good value for money and should be on every credit administrator's bookshelf

A Foot in the Door.......2001-07-07

The authors make for a particularly impressive team of credit risk experts and Professor Altman in particular is a global authority on the subject. The book does not disappoint, and provides a first-rate overview of the field as it is currently emerging. Of particular interest to this reviewer were the chapters on the new credit risk models such as CreditMetrics, KMV and their brethren. There are also some informative chapters on default and recovery analysis and credit migration. However, like so many financial books on the market these days, there is little guidance on the practical implementation of the various approaches described in the text. Overall, "Managing Credit Risk" is a very useful work but for this kind of money I would have expected more than just a foot in the door!

Managing Credit Risk is a fabulous book........1999-11-15

Managing Credit Risk is an outstanding work of scholarship and a truly fabulous book. As a working credit analyst in the field the authors characterize as "classic credit analysis," I felt the need to become conversant with the various quantitative approaches to managing credit risk, (especially since the ultimate goal of the quantitative modelers is to put me out of work). The book served my needs precisely, by introducing all of the relevant models in a concise format with easy-to-understand commentary on the strengths and weaknesses of the models. The clear, qualitative, conceptual explanations are supported by quantitative examples sufficient to satisfy most numerically minded readers, but even those who shy away from numbers will find the quantitative examples easy to follow. The book has served me very well by enabling me to discuss the assessment and deployment of quantitative models on an even footing with professional risk managers and the rocket scientists who are engaged in developing these models. Although finance professionals obviously will find the book of great value, I also believe that readers who enjoyed Peter Bernstein's Against the Gods will find that Managing Credit Risk provides a concrete account of the current state of humanity's struggle to understand and control risk.

The Complete Idiot's Guide to Managing Your Money, 4th Edition (Complete Idiot's Guide to)

Average customer rating:

If You Know Nothing About Financing; Start Here...
The Complete Idiot's Guide to Managing Your Money, Second Ed
Very Helpful!
The Complete Idiots Guide to Managing Your Money
Highly Recommended for Everyone

The Complete Idiot's Guide to Managing Your Money, 4th Edition (Complete Idiot's Guide to)
Robert K. Heady , Christy Heady , and Hugo Ottolenghi
Manufacturer: Alpha
ProductGroup: Book
Binding: Paperback

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ASIN: 1592572987

Amazon.com

The Complete Idiot's Guide to Managing Your Money shows that any numbskull can master personal finance. In this second edition, a father-and-daughter writing team, Robert K. Heady and Christy Heady, give readers the best advice culled from their many years of experience in consumer rights and money management. The Headys believe that money must be managed for the long haul and that there are no quick ways to build wealth. The guide is easy to read, witty, and scornful of the hype dished out by banks and other peddlers of personal finance. It provides a plethora of personal-finance tips for consumers, including how to get the best deal on a mortgage, pay off debt, and bank online. The authors expose financial pitfalls such as bank-sold mutual funds, dealer financing for motor vehicles, extended warranties, and those dreaded bank fees. A full chapter is devoted to the evils of credit cards, which they feel is the biggest ripoff in the financial world. The writers contend that the toughest thing about saving is making the decision to do it. You should get going by putting aside a little amount of money each month through a mutual fund or dividend reinvestment plan. "The whole idea of managing money is to save a dollar here and there and then take that dollar and build it into two," they write. It shouldn't take a rocket scientist to understand that. --Dan Ring

Book Description

Customer Reviews:

If You Know Nothing About Financing; Start Here..........2003-07-06

This has the basic knowledge need to manage your finacing ranging from simple budgeting, credit, stocks and mutual funds, Certificate of Deposit, how to read the market and the prime rate and what it all means. Also, it provides the mental mindset you need to manage and spend money properly, without resorting to short term spending splurges. There's tables for calcuating college funds, morgages, and retirements but most importantly how to avoid the many traps and scams many vendors use to make money off of you without providing any extra services. The one thing I found somewhat worrysome is the way the authors protrayed the banks and other institutions to the point of scaring the reader into being nearly paranoid of all financial instistutions. The fees these institutions charge are describe in the book with good details. A good "how to avoid pitfalls" book.

The Complete Idiot's Guide to Managing Your Money, Second Ed.......2001-06-04

I love this book! Before reading this book, I wondered how anyone could ever save money in the world today. It has helped me to mangage my money easily. An easy to read book, which I use now as a reference whenever I have a question concerning my personal finances. I finally started a 401K, bought a house, a new car, and I am finally learning to save some money,instead of living paycheck to paycheck.

Very Helpful!.......2001-05-25

This book gave me invaluable advice regarding my finances. I would highly recommend it to anyone and everyone! I have adopted many strategies in the book to save for a rainy day. Thank you, and when are you coming out with another edition?

The Complete Idiots Guide to Managing Your Money.......2001-05-25

This book did a great job of explaining to the average person how to save, invest and avoid the common financial pitfalls we so often make. It was done with humor and wit, which is a breath of fresh air in this often hard to understand, jargon loaded industry. This book is beneficial to anyone who has thought about developing a financial plan but does not know how or where to begin. It is an easy read, fun and should be a required reading for the masses of people buried in credit card debt! Great job!!

Highly Recommended for Everyone.......2001-05-25

Anyone can easily understand and make a decision about their personal financial future, and also what the best approach for getting out of debt. Good analogies-

David Scott's Guide to Managing Credit and Debt (David Scott's Guides)

Average customer rating:

A good investment
Worth the cost
Help for the average person
Help when needed

David Scott's Guide to Managing Credit and Debt (David Scott's Guides)
David L. Scott
Manufacturer: Houghton Mifflin
ProductGroup: Book
Binding: Paperback

Credit Ratings & Repair | Personal Finance | Business & Investing | Subjects | Books

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David Scott's Guide to Investing in Common Stocks (David Scott's Guides)
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor (Wall Street Words)
David Scott's Guide to Investing In Mutual Funds (David Scott's Guide)
David Scott's Guide to Investing in Bonds (David Scott's Guide)
Michael Finney's Consumer Confidential: The Money-Saving Secrets They Don't Want You to Know

ASIN: 0618458700

Book Description

Why are credit records important? How can a family determine its debt limit? How much should an individual spend on a home? Readers of this instructive guide will find answers to these questions as well as other valuable information on managing credit and breaking the cycle of debt. In simple language addressed to the individual consumer, David Scott explains - how interest rates are calculated - how to choose a credit card - the various types of car loans - what to consider when financing the purchase of a home - how to negotiate with creditors

Customer Reviews:

A good investment.......2006-05-27

Buy this for your kids. It will be the best $10 you ever spent. That is, if they read it an follow Scott's advice.

Worth the cost.......2006-05-18

Spending $10 on this book can pay big rewards. At least, it did for me. I have a spending problem and had even bigger problems with my credit cards. This book didn't cure the spending probem but it sure helps with the credit cards. A good book.

Help for the average person.......2005-05-28

I found this short guide to be very helpful in allowing me to get a handle on my credit problems. At least it was a start which is what I needed. I recommend this book to anyone who is struggling with debts.

Help when needed.......2005-05-14

This book provided help to a guy who really needed it. It is short and sweet with advice on how to make smart decisions on borrowing. The section on credit cards was especially good. I strongly recommend Scott's book that is a quick read. For $10 how can you go wrong?

Managing Reputational Risk: Curbing Threats, Leveraging Opportunities (Institute of Internal Auditors Risk Management Series)

Average customer rating:

An invaluable reference
Insightful!

Managing Reputational Risk: Curbing Threats, Leveraging Opportunities (Institute of Internal Auditors Risk Management Series)
Jenny Rayner
Manufacturer: Wiley
ProductGroup: Book
Binding: Hardcover

General | Popular Economics | Business & Investing | Subjects | Books

General | Business & Investing | Subjects | Books

Banks & Banking | Industries & Professions | Business & Investing | Subjects | Books

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Risk Assessment | Management & Leadership | Business & Investing | Subjects | Books

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Strategic Reputation Risk Management
Managing Corporate Reputation and Risk: A Strategic Approach Using Knowledge Management
Reputation: Realizing Value from the Corporate Image
The 18 Immutable Laws of Corporate Reputation: Creating, Protecting, and Repairing Your Most Valuable Asset

ASIN: 047149951X

Book Description

Managing Reputational Risk shows how any organisation can apply simple risk management principles to build stakeholder confidence and safeguard and enhance reputation. It positions reputation and its associated threats and opportunities where they rightfully belong: in the domain of the board room, at the heart of good corporate governance, leading-edge strategy development, effective risk management, corporate responsibility, comprehensive assurance and transparent communications.

Illustrates, through numerous examples of good - and not so good - business practice, the importance of respecting and nurturing reputation as a critical intangible asset.
Demonstrates how mastery of reputation risks can enable an organisation to be seen as responsible and responsive, as well as equipping it to meet the challenges that lie ahead.

Download Description

Illustrates, through numerous examples of good - and not so good - business practice, the importance of respecting and nurturing reputation as a critical intangible asset.
Demonstrates how mastery of reputation risks can enable an organisation to be seen as responsible and responsive, as well as equipping it to meet the challenges that lie ahead.

Customer Reviews:

An invaluable reference.......2005-02-23

This is both a very good overview of the principles and practice of risk management and an excellent application of the principles to managing risks to organisational reputation.

Reputation of an organisation is too often regarded simply as something for the public relations consultants. The author demonstrates the holistic nature of the influences on reputation and works through each of the aspects requiring management, and how they fit together.

The only disadvantage of the book is that, because it is so thorough, reading it in full requires a fair commitment of time and attention. To assist the reader, the chapter structure is logical and subsections clearly identified and the many tables and charts provide an effective summary of key points. For those with primary responsibility for an organisation's policies and practices relating to reputation, it is an invaluable reference.

Insightful!.......2004-04-22

The reputations of several major corporations (Enron, WorldCom, Parmalat and Tyco, to name a few) recently suffered from allegations of fraud, self-dealing, insider trading, accounting shenanigans and various other misdeeds. The sense of scandal became so pervasive that some businesspeople felt ashamed of their profession. Now, the mere rumor of misconduct is sufficient to send a company's stock price down. Ironically, in an era when the transnational corporations seem omnipotent in their globe-girdling might, many of them greatly resemble nubile maidens in an eighteenth century romance, their whole fate dependent on spotless and easily marred reputations. That being the case, every business and every business manager should prioritize the careful husbanding of reputation. We find that this book, which has been highly praised by some of the most estimable authorities on business ethics and management, offers a comprehensive, if sometimes pedantic, guide to every step of building, measuring, preserving and growing reputation capital.

Financial Success for Young Adults and Recent Graduates: Managing Money, Credit, and Your Future

Average customer rating:

Financial Success for Young Adults and Recent Graduates: Managing Money, Credit, and Your Future
Janet C. Arrowood
Manufacturer: Rowman & Littlefield Education
ProductGroup: Book
Binding: Hardcover

General | Popular Economics | Business & Investing | Subjects | Books

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General | Personal Finance | Business & Investing | Subjects | Books

Money Management for Young People | Personal Finance | Business & Investing | Subjects | Books

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ASIN: 1578864097

Book Description

This book is both a practical tool and textbook for creating investment planning and career development awareness among young adults. It will guide them through the various financial and career decisions they will face as they leave the academic environment and enter the job market.

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