Credit hacks dissected: Do these really work?

My buddy Alan sent me an email with some interesting credit hacks: "1) If you have a short credit history (like me), get your parents/grandparents to add you as a authorized user on their oldest credit card (you inherit their credit history length) 2) If you have any blemishes in the past (like a single missed payment when you ...

Carrying a CC balance? Guy lowers his APR by 5.75% using my negotiation scripts

I've said it before and I'll say it again: If you're carrying a balance on your credit card, the first thing you should do is call your credit card and negotiate your APR down. It doesn't always work, but when it does, you can save a ton of money. I include a call script in Chapters 1 and 2 of ...

Full chapter from my book: Optimize Your Credit Cards

When I wrote my first book, we spent about a month trying to convince the publisher to send us a PDF OF OUR OWN BOOK SO WE COULD TRY TO MARKET IT. They were afraid that it would leak and magically kill sales. Are you kidding me? For my new book, I Will Teach You To Be Rich (coming out ...

What would you tell the 30-year old divorcee with 30k of debt?

Jason writes: I'm 30. Just divorced. Not fun. $30k in debt. Freaking me out. I have an old 401k that I rolled over from a previous company into Sharebuilder. Value $8,500. I'm very inclined to withdraw the cash with penalty and pay off a higher interest credit card (13%). I know that mentally and emotionally it will make me ...

My Free Insider's Kit will show you how to earn more money

Get your credit card’s annual fee waived

A reader named Becky emailed me yesterday: Just wanted to say thanks for inspiring me to get my $95 annual credit card fee waived tonight. I remembered reading one of your previous entries about asking your bank (or credit card company) nicely for these types of things. I just got an AMEX and I asked if they'd waive my fee ...

I was on TV this week — watch my 2:17 CNBC video on credit card perks

Hey, pretty cool news -- CNBC flew me out earlier this week to New York to appear on "On The Money," a new personal-finance show. Here are a couple pictures of me getting prepped from a while back: And here's the clip of me appearing earlier this week, on Tuesday:   This post is part of a series on Credit ...