The Insider’s Guide to Credit Repair

Tuesday, August 31st, 2010 at 6:33 am  
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41DyNcQEo9L. SL160 The Insiders Guide to Credit Repair
The Insider’s Guide to Credit Repair
Product Description
Inside Secrets from a Credit Industry Professional

There are a plethora of books out there promising to show consumers how to repair their credit. There is only one that explains how to establish credit, how to maintain and manage it, and, yes, how to fix it when it’s broken— The Insider’s Guide to Credit Repair.

This much-needed book is current, cohesive, and thorough. It begins with the basics-defining credit, explaining its value to consumers and businesses, and introducing the key parties that keep the process successfully operating—but then covers more complex topics, including credit laws, credit scoring, credit repair and identity theft. Most noteworthy and helpful are the short quizzes after each chapter, a comprehensive glossary, and a wide variety of sample letters.

The Insider’s Guide to Credit Repair is an engaging and thought-provoking discussion of consumer credit from an insider’s perspective—the author is a former instructor for one of the national credit-reporting agencies. The scope of the material is as vast as the author’s industry experience, accommodating the beginner trying to establish credit for the first time and more experienced consumers seeking greater knowledge of all aspects of credit.

K.E. Varner is a former instructor of customer-service personnel for Equifax, one of the three major credit-reporting agencies. During his tenure, he functioned as a subject matter expert in a number of high-level business projects, appeared in Federal court to help resolve consumer/credit-reporting agency conflict, and facilitated credit industry information to organizations such as the Atlanta Housing Authority.
The Insider’s Guide to Credit Repair

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Modelling, Pricing, and Hedging Counterparty Credit Exposure: A Technical Guide

Thursday, August 5th, 2010 at 6:46 pm  
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41foaGN2YkL. SL160 Modelling, Pricing, and Hedging Counterparty Credit Exposure: A Technical Guide
Modelling, Pricing, and Hedging Counterparty Credit Exposure: A Technical Guide
Product Description

Building an accurate representation of firm-wide credit exposure, used for both trading and risk management, raises significant theoretical and technical challenges. This volume can be considered as a roadmap to finding practical solutions to the problem of modelling, pricing, and hedging counterparty credit exposure for large portfolios of both vanilla and exotic derivatives, usually traded by large Investment Banks. It is divided into four parts, (I) Methodology, (II) Architecture and Implementation, (III) Products, and (IV) Hedging and Managing Counterparty Risk. Starting from a generic modelling and valuation framework based on American Monte Carlo techniques, it presents a software architecture, which, with its modular design, allows the computation of credit exposure in a portfolio-aggregated and scenario-consistent way. An essential part of the design is the definition of a programming language, which allows trade representation based on dynamic modelling features. Several chapters are then devoted to the analysis of credit exposure across all asset classes, namely foreign exchange, interest rate, credit derivatives and equity. Finally it considers how to mitigate and hedge counterparty exposure. The crucial question of dynamic hedging is addressed by constructing a hybrid product, the Contingent-Credit Default Swap.

This volume addresses, from a quantitative perspective, recent developments related to counterparty credit exposure computation. Its unique characteristic is the combination of a rigorous but simple mathematical approach with a practical view of the financial problem at hand.

“…a fantastic book that covers all aspects of credit exposure modelling. Nowhere else can the interested reader find such a comprehensive collection of insights around this topic covering methodology, implementation, products and applications. A “must read” for practitioners and quants working in this space.” Jörg Behrens, Fintegral Consulting, CH

“In the aftermath of the credit crunch, nobody will need convincing of the importance of managing counterparty risk. This unique book provides a consistent approach to the subject, taken all the way from underlying concepts to the nuts and bolts of computer architecture. It opens up many avenues for future research and throws down a challenge to the industry at large: any organization whose techniques are not at least as good as the ones described here had better shape up!” Mark Davis, Imperial College London, UK

“…impressive mathematical monograph … first unified and comprehensive approach to pricing and measuring counterparty credit exposures and, therefore, an essential must-have for all quantitatively oriented credit risk manager, academic researchers, and mathematics students alike … takes into account a unified approach for modelling the future economic scenarios across all asset classes under risk-neutral measure while generating a theoretic as well as technical framework for calculating credit and debit valuation adjustments … easily adapted to calculating the price of credit risk … flexible enough to price complex and hybrid financial derivatives in a completely scenario consistent way. These features make the book an absolutely outstanding and highly recommendable treatise…” Marcus R.W. Martin, Darmstadt University of Applied Sciences, D


Modelling, Pricing, and Hedging Counterparty Credit Exposure: A Technical Guide

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Rich Dad’s Guide to Becoming Rich…Without Cutting Up Your Credit Cards

Saturday, March 6th, 2010 at 8:30 pm  
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51xU%2BviuwvL. SL160 Rich Dads Guide to Becoming Rich...Without Cutting Up Your Credit Cards
Rich Dad’s Guide to Becoming Rich…Without Cutting Up Your Credit Cards
Product Description
The real trick to building personal wealth is learning how to transform ‘bad debt’ into ‘good debt.’ This quick-hitting book explains how-without having to cut up credit cards. This is the eighth book in the phenomenally successful Rich Dad series. This book was originally published as an e-book and now joins the Rich Dad series in trade paperback format.
Rich Dad’s Guide to Becoming Rich…Without Cutting Up Your Credit Cards

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