Debt Cures by Kevin Trudeau - Book Reviews of Chapter Eighteen
February 14th, 2008 | by admin |Franklin Delano Roosevelt said,”We have nothing to fear but fear itself.” Too many Americans however remain in fear of their credit card company or their bank. You may be under their control without even realizing it. Kevin Trudeau wants you to fight back and “slay the dragon” in chapter 18 of Debt Cures. The credit card companies need us to be like the average worker bee. Paying their statement each month along with the fees they take on. But the competition between the companies is great and Trudeau says we need to use the competition to our advantage.
Whenever you have a problem with a credit card company, you need to be consistent and call them to complain. Be persistent; don’t give up after one or two calls. If they will not give you what you want, don’t pay them anything else. Cancel your account and go to another bank. You shouldn’t switch to another bank just for the sake of switching, but in order to get the best deal for yourself that you can. Never give up.
Trudeau tells the story of someone with $8,000 in credit card debt. Working the credit card companies against each other allowed the person to cut years off of his debt while saving thousands of dollars. You don’t have to remain in debt if you take control and fight back. Use whatever leverage you can.
Being in debt is horrible, but it doesn’t have to be permanent. Take control of the situation. Debt avoidance does not equal debt riddance. Just trying to avoid your current debt will not help you get rid of it. You must attack it head on. Once you have conquered bad debt, then you will be able to begin to create wealth. And what do you want your money to be doing? Helping an executive at your bank lead a good life, or helping you doing what you want to do?
Don’t come up with excuses as to why you can’t pay your debts. Fight back and get them to reduce or waive fees. Be persistent. Never give up. They keep asking for your money. You should be asking for ways to keep it for yourself.
Don’t let fear control you. Negotiate directly with the companies. Kevin Trudeau tells a story where a couple was deep in debt. They prepared a financial statement, got together their facts and were able to reduce their balance by half. It took time and many phone calls but it worked. Remember, the companies would rather get some money than get none. If they have to call on a collection company, they will have to share what you pay with them. Work out the best deal for yourself. Take notes of each call and get them to write down the terms of any settlement. Get in control; then stay in charge. The credit card companies lose out if you go to bankruptcy court so call their bluff and get a better deal. Use these Debt Cures to win back control of your life. Is it any wonder They Don’t Want You To Know About Them?
No Responses to “Debt Cures by Kevin Trudeau - Book Reviews of Chapter Eighteen”
By SB on Jul 21, 2008 | Reply
I have read 3 of KT’s books and have benefited from each one. I bought them from goodwill and paid next to nothing, one on weight loss was 69 cents. So, for all the whiners who complain about him being a ripoff, grow up, you are morons. If you buy used books, you won’t be ripped off.
If the FTC were looking out for you they would be going after the credit card companies for ripping you off, ever hear of usury ? it used to be illegal, now it is a business practice, that seems to be okie dokie with some of you nuckle heads.
His advise is good it my be simple but then most of the public is as stupified as cows led to the slaughter house, so it has to be simple.
The weight loss book is the best so far, I personally have lost 20 lbs in 6 weeks. Of course I was lucky to have a clinic that offers HCG treatments, but if it weren’t for him I might not have heard of it at all. If you are not able to follow up on good advise or information, then it is you fault not the advisor or the author. So, get a grip and use your brains for a change, whiners.
Kevin Trudeau is spot on.