Top 5 Books on Credit Management

There are plenty of credit management books to learn about different types of loans and balances and how to manage credit responsibly.

Glen Bullivant’s Credit Management

This is a brilliant handbook for readers from different walks of life, from experienced professionals and finance managers to students and those who are new to credit. The book covers a range of finance topics, from credit services and commercial credit law, to insurance coverage, debt collection, modeling and management, and many others. The book also covers topics such as leasing and sales financing, insolvency procedures, invoice financing, legal procedures for debt recovery, and export finance.

Joetta Colquitt’s Credit Risk Management

Colquitt’s book offers insight into a number of key topics and introduces major concepts related to risk analysis. The book highlights the importance of risk evaluation and assessment and focuses on topics such as credit exposure, company-specific risk evaluation, operational practices, and a lot more. This book offers a comprehensive approach to credit risk management, including transactional and non-financial risks.

Advanced Credit Risk Analysis and Management by Ciby Joseph

Also a great guidebook on credit management and risk, the book discusses key techniques and strategies to manage, assess, and measure risk from different perspectives, the borrower’s and the lender’s. The author offers a glimpse into a range of essential topics such as portfolio level and entity level risk and highlights the importance of risk analysis. The book also introduces major concepts in corporate finance and discusses different approaches such as financial, industry, and macroeconomic analysis. Readers learn about concepts such as LGD, EAD, and PD.

Credit Risk: Pricing, Measurement, and Management

Written by Darrell Duffie and Kenneth J. Singleton, this book focuses on portfolio risk measurement and discusses topics such as credit exposure and credit securities, defaultable bonds, and others. The authors look at alternative approaches and their pros and cons and discuss different aspects of pricing of credit derivatives such as spread options, lines of credit and credit guarantees, debt obligations, swaps, and more. This book is a great read for both students and professionals across fields, including academic researchers, regulators, traders, and risk managers.

Structured Credit Products by William Perraudin

Authored by leading academics, researchers, regulators, and industry participants, this book helps readers understand major concepts such as risk management, rating, and pricing of structured derivatives. The book focuses on a variety of financial products and their characteristics and looks at various market features and transaction categories. The authors also discuss the valuation of various structured solutions as well as techniques applied to model and assess losses on pools. Structured Credit Products also focuses on models used to compare and examine structure product exposures to predict losses.

There are other great books on credit management such as Credit Risk Modeling, Credit Ratings: Methodologies, Rationale, and Default Risk, Derivative Credit Risk, and many others.

The above list was provided by http://www.creditandloans.ca/

5 Finance Books You Should Read before You Turn 30

There are great financial books to read before you turn 30 and learn more about saving, investment, and credit and put your knowledge to good use. Top financial books are a treasure, whether you are a young professional or close to retirement. Successful businessmen, entrepreneurs, and investors author inspiring books on topics such as liquidity, risk choice, microfinance institutions, credit markets, debt avoidance and a lot more.

The Science of Getting Rich

Authored by Wallace Wattles, this book has inspired many wealth-building seminars and is a must-read for young entrepreneurs, business owners, and professionals. It is easy to read and promises to change your mind and life by teaching you how to attract wealth. The secret to getting rich is to create ideas that make millions and take action.

Think and Grow Rich

This is yet another book that will change your life for good. Written by Napoleon Hill, it is a self-help book that was inspired by the experiences of successful entrepreneurs and businessmen. Think and Grow Rich is the result of 20 years of research and teachers readers about the importance of positive mental attitude.

The Intelligent Investor

A book by Benjamin Graham, this is a brilliant and thought-provoking piece for young investors. The author focuses on investment analysis and different approaches to portfolio management, including the defensive and positive approach. This is a great book to learn about finance and how to invest safely. Graham emphasizes how important it is to have a margin of safety when developing an effective investment strategy. The book teaches readers to purchase stock only when prices fall below what is called a conservative valuation.

Beating the Street

This book is authored by Peter Lynch who is himself a successful hedge fund manager and stock investor. Readers learn how to profit from market opportunities by selling and buying stocks. The author encourages readers to pick investment solutions they find attractive and focuses on smaller-cap companies as a way for individual investors to gain a competitive edge over large institutions. The book will teach you how to improve your returns and explores concepts such as PEG ratio, percentage of sales, and others.

The Alchemy of Finance

This is a must-read finance book by George Soros who is one of the most profitable and successful investors of his time. Soros offers an insight on current market and financial trends and introduces innovative investment strategies. The author explores major problems such as the Damoclean Third World debt and the US trade and domestic deficits and offers unique solutions – a system of variable-rate bonds and a global oil-based currency.

There are other best-selling finance books that teach business, investment, and finance fundamentals. Must-read books include Kiyosaki’s Rich Dad, Poor Dad, Jim Cramer’s Get Rich Carefully, Greenblatt’s The Little Book That Beats the Market, and many others.

This list was provided by http://www.creditcardfaq.ca/

Popular Financial Books for a Worry-Free and Prosperous Future

There are must-read financial books to improve your financial literacy and build on your money and budgeting skills. They will teach you the foundations of investment, saving, and personal finance. Popular books cover an array of finance topics, from goal setting to long-term debt reduction strategies, financial trends, and a lot more.

Popular Financial Books

There are plenty of good reads that teach the fundamentals of investing in different vehicles. A Random Walk Down Wall Street is a book by Burton Malkiel that will teach you the basics of mutual funds, bonds, and stocks. This is a classic investment book that explains essential concepts.

The Alchemy of Finance is another popular book by George Soros, a business magnate, powerful investor, and the wealthiest hedge fund manager. The book offers a glimpse into current financial trends and basic knowledge of the financial markets. And if you want to learn more about fixed income securities, The Handbook of Fixed Income Securities, written by Frank Fabozzi, is a great place to start. In addition to investment advice, there are popular finance books that help readers improve their financial lifestyle and knowledge.  The Total Money Makeover is a great financial book by Dave Ramsey and a popular read to teach you how to achieve solid financial health. The book covers a wide array of topics, from money and debt myths to building wealth and retirement investment.113150_3679

Getting out of Debt Books

There are some real treasury finds on how to get out of debt. One such book is Zero Debt: The Ultimate Guide To Financial Freedom by best-selling author and personal finance expert Lynnette Khalfani-Cox. The book covers a wealth of finance and debt topics such as consumer and generational debt, credit scoring, the major credit bureaus, ways to deal with creditors, negotiation strategies, and a lot more. You will also learn about different ways to eliminate over the limit charges and penalty fees, strategies to lower your rate, mistakes on your credit report, and ways to improve your credit rating and financial life.

There are other great reads on getting rid of debt to help borrowers get their finances back on track. If you are knee-deep in debt and want to learn how to manage your finances better, you can read books such as Zombie Economics: A Guide to Personal Finance, The Complete Idiot’s Guide to Getting Out of Debt, Negotiate and Settle Your Debts, and How to Settle Debts Yourself. You will learn about different debt forgiveness laws, negotiating with creditors, collection practices, avoiding lawsuits, and a lot more.

Popular books cover essential financial concepts and different aspects of debt, including foreclosure, bankruptcy, delinquency, and others. These books offer information on tax debt, student loans, mortgages, business loans, and different debt relief practices. Popular reads teach borrowers how to evaluate their financial situation and effectively deal with and stay out of debt for good. They offer advice on how to develop a realistic budget for a stable and worry-free financial future. There are simple ways and steps to make to get rid of debt and downsize your expenses. Popular books also teach borrowers how to maximize their income and gain control over their money.

Resource: https://www.lifeoncredit.ca/