Credit Power: Secrets to Building and Maintaining a Strong Credit
Boveth Kalthen
This audiobook is narrated by a digital voice.
Your credit score can open—or close—doors to financial freedom. In Credit Power, you’ll discover everything you need to build, improve, and protect your credit. Learn how credit scores work, how to manage debt responsibly, and how to avoid common pitfalls that damage your financial standing. With practical tips, real-life examples, and expert insights, this audiobook helps you take control of your credit and unlock opportunities for a brighter financial future. Whether you’re starting fresh or rebuilding, Credit Power is your roadmap to lasting financial success.
Duration - 2h 19m.
Author - Boveth Kalthen.
Narrator - Digital Voice Marcus G.
Published Date - Monday, 20 January 2025.
Copyright - © 2025 Edward Lim ©.
Location:
United States
Description:
This audiobook is narrated by a digital voice. Your credit score can open—or close—doors to financial freedom. In Credit Power, you’ll discover everything you need to build, improve, and protect your credit. Learn how credit scores work, how to manage debt responsibly, and how to avoid common pitfalls that damage your financial standing. With practical tips, real-life examples, and expert insights, this audiobook helps you take control of your credit and unlock opportunities for a brighter financial future. Whether you’re starting fresh or rebuilding, Credit Power is your roadmap to lasting financial success. Duration - 2h 19m. Author - Boveth Kalthen. Narrator - Digital Voice Marcus G. Published Date - Monday, 20 January 2025. Copyright - © 2025 Edward Lim ©.
Language:
English
Chapter 1: Introduction 5
Duration:00:00:01
- The importance of a strong credit history 6
Duration:00:02:25
- Definition of credit history 8
Duration:00:02:40
- Why a strong credit history is important 11
Duration:00:02:03
- How a strong credit history can benefit individuals 13
Duration:00:02:42
Chapter 2: Understanding the components of a credit history 15
Duration:00:00:03
- Types of credit accounts 16
Duration:00:03:14
- Payment history 19
Duration:00:02:52
- Credit utilization ratio 22
Duration:00:02:38
- Length of credit history 24
Duration:00:02:32
- New credit inquiries 27
Duration:00:02:13
Chapter 3: Assessing your current credit situation 29
Duration:00:00:03
- Obtaining a credit report 30
Duration:00:02:57
- Understanding and interpreting your credit score 33
Duration:00:02:58
- Identifying areas for improvement 36
Duration:00:02:14
Chapter 4: Building credit from scratch 38
Duration:00:00:02
- Secured credit cards 39
Duration:00:02:17
- Credit builder loans 41
Duration:00:03:24
- Becoming an authorized user on someone else's credit card 44
Duration:00:02:45
Chapter 5: Establishing a positive payment history 46
Duration:00:00:03
- Setting up reminders for payments 47
Duration:00:03:04
- Automatic payments 50
Duration:00:02:47
- Negotiating with creditors for payment arrangements 53
Duration:00:02:34
Chapter 6: Managing credit utilization 55
Duration:00:00:02
- Keeping credit card balances low 56
Duration:00:02:52
- Avoiding maxing out credit cards 59
Duration:00:04:44
- Using multiple credit cards strategically 64
Duration:00:02:51
Chapter 7: Developing a long credit history 66
Duration:00:00:03
- Keeping old accounts open 67
Duration:00:03:36
- Avoiding opening too many new accounts 70
Duration:00:02:07
- Using credit responsibly over time 72
Duration:00:03:13
Chapter 8: Dealing with negative items on your credit report 74
Duration:00:00:03
- Disputing inaccuracies 75
Duration:00:03:43
- Negotiating with creditors for debt settlements 78
Duration:00:02:41
- Seeking professional help if needed 81
Duration:00:03:12
Chapter 9: Maintaining a strong credit history 83
Duration:00:00:02
- Regularly monitoring your credit report 84
Duration:00:03:05
- Staying current on all bills 87
Duration:00:02:59
- Avoiding unnecessary credit inquiries 90
Duration:00:03:15
Chapter 10: Understanding the impact of credit on your financial future 92
Duration:00:00:04
- How credit affects loan approvals 94
Duration:00:02:08
- Impact on interest rates 96
Duration:00:03:07
- Importance of good credit when renting or buying a home 99
Duration:00:03:26
Chapter 11: Smart credit habits for the long term 102
Duration:00:00:03
- Creating a budget 103
Duration:00:02:49
- Saving for emergencies 106
Duration:00:02:31
- Avoiding unnecessary debt 109
Duration:00:02:40
Chapter 12: Planning for major life events with good credit 111
Duration:00:00:03
- Buying a car 112
Duration:00:04:00
- Getting a mortgage 116
Duration:00:03:11
- Qualifying for a business loan 119
Duration:00:02:51
Chapter 13: Taking advantage of credit building opportunities 121
Duration:00:00:03
- Rewards credit cards 122
Duration:00:03:24
- Using credit responsibly for travel benefits 125
Duration:00:02:31
- Utilizing credit for cash back incentives 128
Duration:00:02:24
Chapter 14: Tips for overcoming credit challenges 130
Duration:00:00:03
- Rebuilding credit after financial setbacks 131
Duration:00:03:59
- Creating a plan to get back on track 135
Duration:00:04:27
- Seeking help from credit counseling organizations 139
Duration:00:03:20
Chapter 15: Conclusion 141
Duration:00:00:01
- Recap of key points in building and maintaining a strong credit history 143
Duration:00:02:33
- Encouragement for readers to take control of their credit and financial future 146
Duration:00:02:31