AARP Master Your Debt. Slash Your Monthly Payments and by Jordan E. Goodman PDF

By Jordan E. Goodman

AARP electronic variants give you sensible tips, confirmed recommendations, and professional advice.

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Extra resources for AARP Master Your Debt. Slash Your Monthly Payments and Become Debt Free

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Middle-class people who were barely making it aren’t making it anymore. Those in the worst situations are trapped in houses they can’t afford to pay for and are unable to sell. Others are selling homes at bargain-basement prices and downsizing. Or sending their kids to community colleges instead of the private colleges they were aiming for. Or working nights and weekends and skipping lunch to make the payments on their MasterCard and Visa bills. And yet, all is far from lost. If there were no good news, there would be no reason for this book.

You can still find credit card issuers that pay you back. You can get more cash out of your child’s first-choice school that you don’t have to pay back. I will show you how. But first, it’s instructive to see how we got here. A Long Time Coming Americans have had a long love affair with debt, but it really rose to prominence in the 1980s and 1990s. The deregulation of financial institutions meant that there were many more lenders competing for borrowers and that they faced fewer rules about their interest rates and practices.

I’ll say no more about it now—check out Chapter 6! How to Approach This Book Consider this book the first tool to use in your debt mastery program. You can use it in the way that works best for you. If you want to rebuild your debt life and use of credit from start to finish, you should read the book from start to finish; I’ve arranged the chapters so that the first part of the book creates the foundation for the rest of the book. If you already feel like you are drowning in debt, go directly to Chapter 10, where I’ve located most of the emergency advice that is in this book.

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