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Hello-

Here is the next part of my review on Debt Cures. You can read parts one and two. Last time we left off on chapter 14. The basic premise of chapter 14 is eliminate debt, negotiate your debt down and cut your rates - do whatever you can to avoid bankruptcy. He says filing bankruptcy is not the answer to all your financial debt problems that many make it out to be.

Chapter 15 and 16 are about big business, namely the credit card and lending industries. These chapters repeat much of what was said in the beginning chapters. Several visitors have commented on this same thing throughout the book. I do not understand the need to include more ranting and raving about how predatory the credit card companies can be when they get their hands on you and add on fee after fee after fee. You, Kevin Trudeau, did plenty of this in the beginning chapters of the book.

Some new material is about filing complaints against the credit card companies with your attorney general and your elected officials to try and stop some of the outlandish fees and interest rates the banks make you pay.

He also mentions how the banks prey on college students and immigrants, handing out credit cards like candy to get them in their financial traps and strap them down with huge amounts of debt when they graduate. This sets them up for a lifetime of financial hardships.

Moving on…

Chapter 17 contains an excerpt of an interview with a credit card company executive. It also 4 action steps for you that can save you thousands on interest and several success stories of people who have used the Debt Cures methods to lower their debt loads.

If you follow the steps and do what Trudeau tells you to do, you can get on the road to debt recovery and you will have more than paid for the cost of the book and Kevin can gain some much needed positive points.

Chapter 18 shows you an illustration of how much a higher credit card interest rate can cost you and how much you can save by asking for and getting a lower interest rate on your credit cards.

Chapter 19 - how to stop debt collectors cold. This sounds like it should be a good chapter for many people struggling with debt collectors. It starts off outlining the Fair Debt Collection Practices Act. He offers tips on how to deal with debt collectors. He talks about the ruthless tactics they use to get you to pay up and how they often do not comply with the FDCPA. He describes what to do when the debt collectors call and how to respond to their threats.

This can be a helpful chapter for someone who is facing collections and wants to stop getting harassed by debt collectors.

One thing I found funny about the end of this chapter is when Trudeau says that “If they (the consumer lending industry) continue to keep up with the outrageous methods of pinching every last penny out of the American consumer, then I will continue to expose them for what they are.” Kevin Trudeau, you tried to pinch me and any one who orders Debt Cures for quite a few pennies.

Chapter 20 is about achieving wealth. Kevin says that the debt problem is not caused by the spending habits of the American public but rather the aggressive practices of the American consumer lending industry. I disagree. Our society is all spend, spend, spend. Our national savings rate is now negative, meaning we spend more than we save. Most people have very little saved for retirement. How can our economy be kept afloat by consumer spending if we are not spending money? By saying this Kevin is saying we have no responsibility for the situation we are in. And I do not think that is true.

I would say it is a combination of our spending habits and the credit card companies more than willing to offer us more and more credit. It’s when we stumble that they pounce on us with all their fees and kick us when we’re down.

Kevin repeats himself again instead of giving tips for creating wealth. Good thing he included his 25 secrets to wealth creation CD.

Reading this chapter is basically a summary of the previous chapters. It quickly outlines the steps you can take to get out of debt.

So the conclusion you can take is that once you are out of debt, you can start saving money, start investing, start a business, start saving for your kid’s college, and saving for your retirement.

Ok, I wanted to finish this Debt Cures review in this post but it has gone on quite long and it’s time to put the kids to bed. I will continue it in the next post. We’re on chapter 21 and there’s only 4 chapters left.

Overall, I am giving “Debt Cures They Don’t Want You to Know About” a passing grade. It has few links pitching other products of his as was the case in his previous cures books. It barely mentions his credit newsletter. Granted, it does have information you can find elsewhere. But, it does offer Kevin’s own spin on them with some useful tips for someone who wants to get rid of the debt problems.

Until next time. Have a great day,

Adam

Debt Cures Reviews

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Hello-

I have finished reading Debt Cures and just need to write out the post for the final part of my review. Sam sent in his comments about a positive experience he had dealing with his creditors and getting them to reduce his interest rates. Thank you Sam for sending this in.

Here’s Sam’s comments:

“Thanks Kevin.

Wish I knew about your book sooner. As one credit company turned it over to collections. They lied, called my work, spoke to my wife and other co-workers. (so I paid in full)

The Biggest Debt about $30,000 was negotiated down to 20 cents on the dollar. (paying about $6,000)

Just negotiated a credit card down from 26.99% down to 0% for 5 months, then it’s 9.99%.

I got myself into this situation, because a Realtor promised to get a loan and used my credit cards to buy a flower shop. I thought she was honest, because the other half of the money came from her husband. I really don’t know if they are still married. I hope they got a divorce, because the husband is out $47,000.

What I know now, I’m ready to do battle with other creditors. My attorney says collection agencies been calling him and calling him a liar. Saying they don’t believe that he’s a lawyer.

Thank You Kevin for opening my eyes, for I believed in and giving money to debt consolidation, also.

Why??? Are these people allowed to do business? They do nothing for people, just making the sink hole bigger and deeper.

Thank You again, Sam from Honolulu, HI”

Thanks again Sam.

So the methods Kevin Trudeau teaches in Debt Cures do work. You just have to make the calls and negotiate with your creditors and the debt collectors. Using books like Trudeau’s, Suze Orman’s, and Dave Ramsey’s can help you with your debt problems.

Until next time,

Adam

Debt Cures Reviews

Click here for a Free Debt Consolidation Quote

Recommended Resources:

Elminate Debt
Looking to get out of debt without the scams? Click here to learn how to completely eliminate your debt in 5-7 years. Eliminate Debt

Reduce your debt by 50%
Find out how easy it is to reduce your debt by 50%. Click for fast online debt relief. Click here for more info

Making Money Online for Newbies
Want a way to make money online, even if you're BRAND NEW to Internet marketing? Here's an easy, 100% legal and proven way to make money fairly quickly. Click here

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Hello-

Debra sent in a comment about her experience with Debt Cures. It might be best to wait until the book comes out on Amazon or at your local bookstore instead of having to deal with the ordering process from Kevin Trudeau’s order taking service.

Thanks Debra for sharing.

Here is her experience:

“Adam

I have to tell you … I just watched the infomercial and decided I would order the book out of curiosity more than anything else and of course I was truly hoping that there is morsel of value and truth in what Kevin Trudeau is trying to sell the masses. I wasn’t surprised that the marketer/operator (KIM) was going to attempt to have me purchase much more than what I wanted (the book only), but after saying no twice she still continued… I became quite frustrated and said that I wanted to cancel the order. She then informed me that she just had to mention one more offer and then she could complete my order and that offer was to sell me the newsletter for $9.99. I said no again and she said that she would now send me the newsletter free and if I decided that I didn’t want to receive it monthly I could call and cancel it at anytime, which says to me that I will automatically be charged $9.99 a month unless I cancel. NOW not only I am totally against ordering I am FURIOUS and told her to cancel my order immediately She said she would … I waited a minute and asked her did she cancel my order and she told me that she could not. The computer wouldn’t allow her to. I asked to speak to a supervisor and she said “there isn’t one here”. I was LIVID. I asked her how this was any different than the very thing Kevin was talking about. I was being ripped offed. In the end I had only been on the phone 10 minutes, and canceled my order and was told it was irreversible unless I called their 800 number the next day.

All I can say is WATCH OUT PEOPLE! Although there may be a glimmer of value in what Mr. Trudeau is trying to put out there. I am not totally convinced that you couldn’t get some of the information by going to your local bookstore or go online to find how to get free grants and much more including the “so called secrets”. I think the method of marketing is designed in hope that innocent consumers will not realize that they will be continually charged and Mr. Trudeau will benefit until they catch on. This makes him no different that some of the very devious Credit card companies and banks that he fervently speaks out against albeit I agree with some of what he is saying. Something is so disturbing about this. Kevin’s shining armor is tarnished in my eyes!”

Thank you again Debra for sharing your Debt Cures experience.

If anyone else has a review they want to share, you can send it in as a comment or you can email me: debtcure at debtcuresreviews dot com

Thanks,

Adam

Debt Cures Reviews

Click here for a Free Debt Consolidation Quote

Recommended Resources:

Elminate Debt
Looking to get out of debt without the scams? Click here to learn how to completely eliminate your debt in 5-7 years. Eliminate Debt

Reduce your debt by 50%
Find out how easy it is to reduce your debt by 50%. Click for fast online debt relief. Click here for more info

Making Money Online for Newbies
Want a way to make money online, even if you're BRAND NEW to Internet marketing? Here's an easy, 100% legal and proven way to make money fairly quickly. Click here

ads by Debt Cures

Hello-

I am almost finished with reading Debt Cures. I wanted to review the bonus CD that Kevin Trudeau includes when you order the book. I have listened to it 3 times already. I like it. He says upfront that none of this stuff he is going to reveal is new. But that does not take away from the quality of the information he provides.

It does not offer specifics on how to create wealth. It does offer the principles that anyone who has become successful has used. He talks about the books you should read and that you should be a reader period.

Some of the books he recommends are The Law of Success in 16 Lessons by Napoleon Hill, The Secret, The Richest Man in Babylon, See You at the Top, and The Magic of Thinking Big.

You need to save 10% of what you earn first before you pay any bill he says.

He states that 5 years from now, your income will be the average of your 5 closest friends. If all your friends are broke, you need to find some new friends he says. I agree with this statement. I have heard this stated before as well. The reason being is that if your friends don’t have money, they will probably be complaining about how they don’t have any money. Whereas if you have friends who are wealthy or who desire to be wealthy, they will exude positive energy and be a joy to be around. They will encourage you to look for opportunities to create wealth.

He also advises you to try and cut your taxes and your insurance expenses to free up your cash flow so you can use it to build wealth or pay down your debt faster.

He says you also need to work on increasing your income. Some methods he recommends are real estate, stock investing, MLM, and stock trading.

These are just some of the secrets he provides on the CD.

All in all, I thoroughly enjoyed this Debt Cures Bonus CD. Listening to it over and over again will help you get into the right mindset to help you get out of debt and start looking for ways to create wealth.

Have a good week,

Adam

Debt Cures Reviews

Click here for a Free Debt Consolidation Quote

Recommended Resources:

Elminate Debt
Looking to get out of debt without the scams? Click here to learn how to completely eliminate your debt in 5-7 years. Eliminate Debt

Reduce your debt by 50%
Find out how easy it is to reduce your debt by 50%. Click for fast online debt relief. Click here for more info

Making Money Online for Newbies
Want a way to make money online, even if you're BRAND NEW to Internet marketing? Here's an easy, 100% legal and proven way to make money fairly quickly. Click here

ads by Debt Cures