Kevin Trudeau Debt Cures Reviews

Kevin Trudeau Debt Cures Book Reviews – Chapters Eleven and Twelve

Chapter 11 of Debt Cures is titled Show Me the Money. Kevin Trudeau is not talking about Jerry Maguire. Instead, he begins talking about ways to create wealth now that you’ve gotten your debt under control. Remember that improving you credit score saves you money.

You’ve gotten your credit report, you’ve fixed it, you are now monitoring your score (and if you are not sure how to monitor your debt, Trudeau provides you with the tools to eliminate your debt and to increase your credit scores). Trudeau provides several more tips on improving your credit score in the book. Trudeau also urges you to pay down as much debt as you can. You should never be in debt more than 30% of any credit limit provided by a credit card company.

Kevin Trudeau points out that someone with a credit score of 700 could save $100 a month in mortgage payments versus someone with a credit score of 675, and save $300 a month over someone with a credit score of 625. That’s the incentive for working hard at improving your credit score. This translates to more money in your pocket to do what you want to do or to pay down additional debt earning you more money in the future. Over the life of a mortgage you could be saving as much as $110,000 or more depending on the size of your mortgage.

There are other ways to “see the money.” Trudeau points out several tips including:

1. Paying on time – this not only saves you on penalties but will keep your credit score high.
2. Pay more – if you pay more than the minimum requirement you build up your principle while reducing your interest charges.
3. Never skip any payments, and don’t close out credit cards – make your payments and remember that having a long history with a credit card company improves your credit score. So don’t be quick to cut up your cards.

There are several other tips and of course, Trudeau provides details on each tip. Remember following these tips will increase the money you retain each month.

In Chapter 12 of Debt Cures, Kevin Trudeau points out that bad information equals bad credit. It is possible that your poor credit score might be the result of Identity Theft. Identity theft is impacting more Americans every year. It is not just you that could suffer, but banks lose millions of dollars a year thanks to identity theft. That’s another great reason to check on your credit report. It might be the first time you realize you are a victim. In addition, Trudeau maintains that you should also use a credit monitoring company. Credit monitoring not only helps protect you against identity theft but it also will help you maintain a good credit score. You should also follow basic security steps, don’t give out personal information to people you don’t trust, always log out of financial websites when you are finished with them, make sure you have up to date antivirus and security software on your computer.

This is all part of Kevin Trudeau’s continuing Debt Cures to take charge of your life and your finances.