Debt Cures Debt Kit: Sample Letters to Reduce Your Debt
July 6th, 2008 | by admin |Tired of receiving threatening phone calls or letters from collection companies? If you are one of millions of Americans in serious debt due to credit cards then Kevin Trudeau has some help for you. In addition to his book Debt Cures, Trudeau has prepared a Debt Cures Debt Kit with 35 sample letters for your use to help in the fight to reduce or even eliminate your debt. The subtitle of the Debt Kit is, Almost Every Letter You Could Ever Need To Send: Credit card companies, debt collectors or anyone else causing you debt nightmares.
In the book, Trudeau writes that you need to fight back when you are in debt. You need to contact your debtors and the collection agencies to explain your financial situation to them. Be persistent and remain in contact with them until your debt is resolved, or at least until you have reached a payment plan that is acceptable. With the debt kit you have an added weapon.
Included in the debt kit are numerous letters you can send to collection agencies. They include: Offers to settle debt, a request to reduce the monthly payment, a letter to report harassing calls along with a sample complaint letter to a state attorney general’s office. If a creditor is after you, Kevin Trudeau shows you how to write a letter to request a lower interest rate, a request to suspend payments, letters to request the removal of a fee, as well as a letter to reduce payments.
Throughout Debt Cures, Trudeau repeats that it is important to clean up your credit report and to improve your credit score. His sample letter kit helps in that regard. He includes the addresses, phone numbers and websites of each of the three main credit reporting agencies. Then he provides samples letters to send to them, including the correction of information letter, a follow-up letter to make sure the work is being done, a letter of notification of identity theft. As you have the right to explain any and everything on your credit report, Trudeau provides a sample letter for adding a personal statement to your credit report. He also shows how to request a free copy of your credit report. Because it is not unusual for there to be incorrect information on your credit report there are letters available to help you correct or remove this type of misinformation.
As the Federal government has done little to help consumers, there is a sample letter that you can write your congressman. You may not give as much to their campaigns as the banks do, but you are the one who has the right to vote during each election, and it never hurts to remind your congressman of that fact.
Debt Cures provides plenty of information you can use to get out of debt and to improve your credit score. The book itself states things in general terms, the sample letter kit is by far the most practical advice that Trudeau provides. In one document is most of the help that you will need to begin digging yourself out of debt. Keep fighting the fight, stay the course and you will be able to stay out of debt.
Have you tried using any of the letters in the Debt Kit? If so, please share your experiences below.
