Monday, March 26, 2018

Debt Management Book Review - Is Kevin Trudeau's latest book a scam? Part 3

Millions of debtors can't wait to get out of debt. They want to insist that financial writers are willing to sell their hopes and dreams. Kevin Trudeau, a past salesman who has gotten past, has published a book called Debt Cures. This article will continue my debt governance review series.

Last time we were interrupted in Chapter 14. The basic premise of Chapter 14 is to eliminate debt, reduce debt and lower interest rates - do everything you can to avoid bankruptcy. He said that applying for bankruptcy is not the answer to all your financial debt problems, and many people think it is. So, do everything you can to avoid bankruptcy.

Chapters 15 and 16 cover large corporations and are rarely credit card and loan industries. These chapters repeat most of the initial chapters. Several readers throughout the book commented on this issue.

Chapter 17 contains excerpts from interviews with executives of credit card companies. It also provides you with four action steps that can save you thousands of dollars in interest and provide several success stories for those who use debt solutions to reduce the debt burden.

If you follow the steps that Trudeau tells you to do, you can embark on the path to debt, you will get more than the cost of this book, Kevin can get some urgent positive points.

Chapter 18 shows you how much a higher credit card interest rate may cost, and how much you can save by asking for and reducing the credit card rate.

Chapter 19 - How to prevent debt collectors from catching a cold. This sounds like a good chapter for many people and debt collectors. It begins with an overview of the fair debt collection act. He provided tips on how to deal with debt collectors. He talked about the ruthless tactics they used to help you, and they often don't complain to the FDCPA. He described what debt collectors should do when they call and how to deal with their threats.

This may be a useful chapter for anyone who faces a collection and wishes to stop being harassed by a debt collector.

One thing I find interesting about the end of this chapter is that Trudeau said: "If they (consumer loan industry) continue to keep up with shameless means of collecting every penny from American consumers, then I will continue Exposed what they did." Kevin Trudeau, you tried to pinch me and cured any pennies who had ordered debt.

Chapter 20 is about realizing wealth. Kevin said that the debt problem is not caused by the American public's spending habits, but is caused by the positive practices of the US consumer loan industry. I disagree. Our society is full of flowers, flowers and flowers. Our national savings rate is now negative, which means our spending exceeds our savings. Most people rarely save for retirement. If we do not spend money, how can our economy be sustained through consumer spending? Saying Kevin said that we are not responsible for the situation we are in. I think this is not a fact.

I would like to say that this is a combination of our spending habits and credit card companies, rather than willing to provide us with more and more credit. When we stumble, they will pounce on us for all our expenses and kick us when we fail.

Kevin repeats himself again instead of providing the secret to creating wealth. It is a good thing that he included his 25 secrets on the 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 you can conclude that once you have no debt, you can begin to save money, start investing, start a business, start saving for your child to college and save for retirement.

In general, I give " debt governance they do not want you to know" through the ranks. As in the case of his previous cure, he did not have several links to project his other products. It barely mentioned his credit communication. Of course, it does have information that you can find elsewhere. However, it does provide some useful hints for Kevin himself to help those who want to get out of debt problems. In the last article of this series, I will complete the rest of the book and give a final review.




Orignal From: Debt Management Book Review - Is Kevin Trudeau's latest book a scam? Part 3

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