Kevin Trudeau Debt Cures Reviews

Kevin Trudeau’s Debt Cures Book Reviews – Chapters Eight and Nine

In chapter 7 of Debt Cures, Kevin Trudeau said that you can fight back against credit card companies by getting your credit report. In chapters 8 and 9, Trudeau explains further why you need to fight back, and provides details on getting and improving your credit report. Remember, the higher your credit scores the better for you. The best way to improve your score is to get your credit report so you can find out what you need to do.

There are three companies in the United States that create credit reports, and each of the companies is required to provide you with a copy of the report at your request once a year. Don’t worry, Trudeau provides you with the contact information for each of the companies. So getting you report is easy. Once you get your report you will need to go over it thoroughly.

There are four main areas on your report: 1.) Personal Information, 2.) Credit Information, 3.) Public Record Information, and 4.) Inquiries.

Personal information is your name, date of birth, address etc. This is very important as it is not uncommon to find someone else’s information here. Imagine seeing that someone with the same name as yours in another city has bad credit, and it’s showing up on your report. This is a quick and easy fix.

Credit information is the good, the bad, and the ugly. This will show your loan and credit history. Make sure this is accurate, if you have paid off a loan, and the report shows it is still active, you will want to get this straightened out.

Public Record information could be a legal judgment or a tax lien. Again, you want to verify that the information is accurate.

The last section is inquiries. This is the part of the report that shows who is checking you out. Each time someone checks your credit history it will show up on this report. Every credit card that you have applied for will show up on this report, and each inquiry will bring down your credit score. That’s why you should not be applying for every credit card offer in the mail or at every store in your local mall.

Your credit score will fall between 300 and 850 reports. The higher the better, if you are average or slightly below average, then the credit card companies will come after you because you are likely to get behind slightly and they make money off of you.

Trudeau lists several ways to improve your credit. The most important thing involves contacting the credit reporting companies so that you can correct any inaccuracies. This can be done on the telephone, online or by snail mail. The dispute process is free, and must be completed by the companies within 30 days. If they cannot justify the dispute you win and it will be taken off of your report. Make sure you check each of the three reports carefully, as an error may only be on one of the reports. If it is on all three reports, then you will have to open three disputes. Again, Trudeau lays it all out clearly in Debt Cures.

As Kevin Trudeau maintains throughout Debt Cures, you need to take control and be in charge of your financial life and not allow the credit card companies to run your life.