The Credit Game: A Young Adults Guide to Successfully Building and Understanding Credit

Author Kyjione Lee Jack has over eleven years of financial experience working for one of California's premier credit unions. In The Credit Game: A Young Adult's Guide to Successfully Building and Understanding Credit, he shares everything about credit that young people absolutely have to know to start out on the right foot. Chapters discuss exactly what a credit report is, the different types of credit, the definition of bad credit, how to get credit in a tight credit market, solid fundamentals vital to building good credit, and much more. "...establishing good credit is a choice. Just like establishing good health, or good relationships with your family & friends. You can never completely control the events that take place around you, but you can always choose to control your response to those events. Take the time to be well informed of every policy and procedure inherent to the lending process." A sample blueprint for building good credit from scratch is suggested; it includes such measures as eventually taking out a second credit card but never using the second card, both to build credit history and to inspire the first card to compete by offering more favorable terms. Written in plan, honest terms, The Credit Game is highly recommended not only to young adults, but also to anyone, young or old, in need of a solid primer on building and maintaining good credit.

The Credit Game A young adult guide to successfully building and understanding credit Kyjione Lee Jack ISBN: 0-9796893-0-9 Keydmon Publishing, 2008 Reviewed by Debra Gaynor for ReviewYourBook.com What you need to know about credit... 5 Stars "People helping people" is Kyjione Lee Jack's mantra. He has 11 ½ years of experience in the banking industry. In his book, The Credit Game he uses his experience to guide young adults in their endeavor with credit. Credit seems to be a necessity in today's world, especially for young people just starting their lives in an adult world. Unfortunately, most know little about credit and that can get them in a lot of trouble. A car is a necessity, yet few have the financial means to pay cash for one. Seeking financing can be a confusing and discouraging rite of passage. The Credit Game takes the mystery out of the process. In simple terms, Jack defines a credit score. He explains how to increase your score. Many people abuse their credit. They mismanage their money and spend more than they can afford. This leads to missed payments, and that lowers a credit score and can lead to repossession and bankruptcy. The information in The Credit Game will be very helpful to all young adults and some not so young. My favorite part was the section on identity theft. This book should be required reading for high school students. It is never too early to learn to play The Credit Game.