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Your Credit Score by Liz Pulliam Weston

I’ve always been a big fan of Liz Pulliam Weston, not because she’s taken the time to answer several Bargaineering.com reader questions about simplifying your finances [3] in the past, but because she’s so good at taking complex personal finance topics and translating it into terms that ordinary people like us can understand. We live in an imploding world where financial alchemists are turning sub-prime adjustable rate mortgages into solid gold rated bonds, it’s refreshing to know that at least one of the anointed personal finance experts is able to talk to us like regular people. And that’s exactly what Liz Weston has done in her latest book about a three digit number that has the potential to “shape your financial future.”

I received a copy of the newest edition (the 3rd edition) of Your Credit Score: Your Money & What’s At Stake [3] last week and had a chance to look it over during the weekend. The book does a good job of giving you a complete picture of your credit score, how it’s used, how you can improve it, the history behind its use, new developments (like VantageScore and FICO08), and where the future of credit scores will likely go. There’s a fair amount of preventative advice (how to maintain your credit score, identity theft) as well as prescriptive advice (how to handle a credit crisis, how to properly improve your score), so that anyone in any situation will find value in this book.

If credit score information is widely available on the internet (it is, just do searches in Google), why should someone borrow or buy this book? I think this book is valuable because of how the data is presented. You get the whole credit history and score picture in one book, with a good organizational structure, and written in language that is understandable to the average person. The information has been vetted for correctness (it’s published by Financial Times Press), something you are almost never assured of online. Put that all together and you get a book worth relying on as a resources.

In the next few days I’ll publish a Q&A with Liz Weston on some very timely credit related question.