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| Debt Cures "They" Don't Want You to Know About | 
 enlarge | Author: Kevin Trudeau
Publisher: Equity Press
Category: Book
List Price: $25.95
Buy New: $13.98
You Save: $11.97 (46%)
New (47) Used (9) from $13.98
Avg. Customer Rating:  82 reviews
Sales Rank: 188
Media: Hardcover
Number Of Items: 1
Pages: 310
Shipping Weight (lbs): 1.2
Dimensions (in): 9.4 x 6.2 x 1.3
ISBN: 0979825814
Dewey Decimal Number: 332.02402
EAN: 9780979825811
ASIN: 0979825814
Publication Date: May 6, 2008
Availability: Usually ships in 1-2 business days
Condition: SATISFACTION GUARANTEED! NEW Book! May have remainder mark. Most orders ship within 1 BUSINESS DAY with ORDER CONFIRMATION.
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Product Description
Are you getting deeper and deeper into debt while they make bigger and bigger profits? Not after you read...Debt Cure$ "They" Don't Want You To Know About! In this new book, Kevin Trudeau blows the lid off the banking and credit card industries, exposing the greatest rip off of our citizens in this nation's history. The credit card industry is one of the most profitable industries in this country, but they don't want you to know it. You can fight back! You can apply Kevin's solutions to your debt problems, and keep more money in your pocket today. You can learn how to use credit to build wealth! Read Debt Cure$ and cure your debt forever. You will learn:
-How the credit lending business is rigged against you!
-How the financial industry wants to keep you in debt!
-How the banks and credit card companies are making obscene profits off of you and how you can change that!
-How to reduce or possible totally eliminate your debt!
-How you could cut your payments in half!
-How to correct your credit with two magic words!
-How to improve your credit virtually overnight!
-How to get free money that you never have to pay back!
-Find out why the financial industry wants to keep you in debt.
-Turn bad debt into good credit.
-Create wealth through financial health.
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| Customer Reviews: Read 77 more reviews...
 Don't give a scammer your financial trust December 12, 2007
500 out of 564 found this review helpful
If his own financial judgement has CONSISTENTLY led to successful lawsuits and incarceration, how can he be trusted? Most recently he was found in contempt of court November 19th, 2007 for making false claims.
Does he give advice and information? Sure. He consolidates advice and repackages it under his own name.
On ordering from his infomercial they immediately tried to sell me more. On reading amazon reviews I tried to cancel my order within 15 minutes of placing it. His company refused, saying it was already too late to stop the order. I called again and they wouldn't cancel, repeating the same speil. I tried to talk to a manager and got a machine. I emailed their billing department to cancel it. They Didn't cancel it.
I refused the order when it arrived. I then filed a complaint with my credit union visa department to cancel the charges. In response, Trudeau's company LIED in writing to my credit union causing my request to be denied. They lied first in saying I didn't cancel the order till weeks later. They lied secondly saying I hadn't refused the order, while providing the tracking number that proved I had. Understand please that if my claims here were false he could take legal action against me and I have no fear of him prevailing.
Trudeau is an infomercial entrepreneur before being a supposed consumer advocate, and he has taken advantage of our primary needs for health and financial security. He has clearly formalized company practices to make cancelling orders near impossible. Further, his books are general overviews and don't typically provide the full details without one subscribing to his site and giving more. In short, he prys his way into your wallet and doesn't let go. He is the last person who should be trusted to improve your financial life, having in fact a well-documented and consistent track record of financial impropriety AGAINST his customers. He is the financial wolf in sheeps clothing.
Do your research on this guy beofre buying anything he sells! November 30, 2007
307 out of 354 found this review helpful
A PARTIAL list of Criminal history and legal proceedings of Kevin Trudeau:
[edit] 1990-1991: Larceny and credit card fraud
In 1990, Trudeau posed as a doctor in order to deposit $80,000 in false checks, and in 1991 he pled guilty to larceny. Trudeau had used the credit cards of eleven customers of the mega memory product to fraudulently charge approximately $122,735.68.[13] He spent two years in federal prison because of this conviction (Choi, 2005). Later, in his book Natural Cures, Trudeau claimed that he has since learned from his experience, and is now motivated to help people rather than merely to make money for himself.[9]
[edit] 1996: SEC and various states
Trudeau began working for Nutrition For Life, a multi-level marketing program in the mid-90s. However, in 1996, his recruitment practices were cited by the states of Illinois and Michigan, as well as the U.S. Securities and Exchange Commission. Illinois sued Trudeau and Jules Leib, who was his partner, accusing them of operating an illegal pyramid scheme. They settled with Illinois and seven other states for $185,000 after agreeing to change their tactics. Michigan forbade him from operating in the state.[9][10][11][12] A class action lawsuit was filed by stockholders of Nutrition for Life for violations of Texas law including misrepresenting and/or omitting material information about NFLI's business. In August 1997, the company paid $2 million in cash to common stockholders and holders of warrants during the class period to settle the case. The company also paid the plaintiffs' attorney fees of $600,000. [14]
[edit] 1998: FTC fine
In 1998, Trudeau was fined $500,000 to be used for consumer redress by the FTC, relating to six infomercials he had produced and in which the FTC determined he had made false or misleading claims. These infomercials included "Hair Farming," "Mega Memory System," "Addiction Breaking System," "Action Reading," "Eden's Secret," and "Mega Reading."[15][16] The products included a "hair farming system" that was supposed to "finally end baldness in the human race," and "a breakthrough that in 60 seconds can eliminate" addictions, discovered when a certain "Dr. Callahan" was "studying quantum physics." [9][17]
[edit] 2004: FTC contempt of court and injunction
In June 2003, the FTC filed a complaint in the Northern District of Illinois against Trudeau and some of his companies (Shop America (USA), LLC; Shop America Marketing Group, LLC; and Trustar Global Media, Limited), alleging that disease-related claims for Coral Calcium Supreme were false and unsubstantiated. In July 2003, Trudeau entered into a stipulated preliminary injunction that prohibited him from continuing to make the challenged claims for Coral Calcium Supreme and Biotape.
In the summer of 2004, the court found Trudeau in contempt of court for violating the preliminary injunction, because he had sent out a direct mail piece and produced an infomercial making prohibited claims. The court ordered Trudeau to cease all marketing for coral calcium products.
In September 2004, Trudeau agreed to pay $2 million ($500,000 in cash plus transfer of residential property located in Ojai, California, and a luxury vehicle) to settle charges that he falsely claimed that a coral calcium product can cure cancer and other serious diseases and that a purported analgesic called Biotape can permanently cure or relieve severe pain. He also agreed to a lifetime ban on promoting products with infomercials. However, that did not restrict his right to promote books via infomercials.[3][4][18]
http://en.wikipedia.org/wiki/Kevin_Trudeau#Criminal_history_and_legal_proceedings
Debt "Cures" All About Fluff December 21, 2007
285 out of 306 found this review helpful
There is one, and only one, CURE for bad credit: Stop abusing credit! To call anything else a "cure" is false and misleading. In order to cure something, you have to stop the behavior that caused it.
That being said, "Debt Cures" by Kevin Trudeau is basically useless. Sure, a couple of his ideas have probably helped a couple of people...like the ones who have spent their lives living under a rock. For the rest of us, don't waste your money.
The useful information contained in this book makes up about 1% of the book. All of it is accessible through much more reputable and reliable sources. The rest of the book is fluff, designed to play upon people's emotions, full of hyperbole and heaped with cliche'. There are exclamation points everywhere (!). On almost every page!!! In fact usually several per page!!!!!!!! [Get my drift?]
There are 3 points he offers, and this is where the marginally useful info comes in...for some of us...some of the time: 1) Negotiate directly with your creditors; 2) Keep on top of your credit reports; and 3) Refinance your home if possible, to get a better rate and/or term. He repeats these things over and over (and over and over and over...) again throughout the book. Problem is, all of these points should be common sense to anyone with, um, a wallet. And a brain. Even if one or both of those two things is small.
The rest of the book is bent on convincing the reader that the financial industry is a bunch of scum-sucking leeches. Like, DUH.
You gotta give this guy credit for one thing: HE followed his own advice. HE saw a need (people drowning in debt in record numbers) and attempted to fill it (by selling them half-baked "cures" -- snake oil, anyone?? -- to help themselves). In the process he made himself a multimillionaire. Unfortunately this makes him no better than those other scum-sucking leeches, preying on people's vulnerability and ignorance. Good work, dude. I'm glad I didn't pay for this book -- I read someone else's copy out of sheer disbelief that Trudeau got this thing published.
Don't be so gullible as to buy this nonsense!
 What Cures? February 4, 2008
160 out of 167 found this review helpful
Wow what can I say except I have never read anything quite like Debt Cures before in my life! It was a total surprise. I can't believe this got published. Is this a 2nd grader writing a composition for a teacher who wanted information about clearing up credit card debt? Instead, out of protest he writes a book of twenty-four chapters of mostly repeat information. About sixty percent of the book is repeated over and over. What are usable lies in about thirty pages of this three hundred page book which can be found in other sources.
And where should we start? First let me tell you about my expectation based on the infomercial and the title so you can gain a perspective of where I am coming from. The title Debt Cures should suggest that Mr. Trudeau will suggest the causes of your debt, ways to reduce or eliminate your debt, give a practical resource on getting into a specific plan to eliminate your debt and create wealth (see his cover and infomercials). It is not hard to expect these from an author toting that you can eliminate your debt. Isn't it?
Well what can I say, chapter one starts out by slandering the credit card companies and their high runaway fees. Well this has been common knowledge since the 1980's. This is when the credit card companies realized that they could add fees on your amounts in addition to interest and most people did not know. I can understand his point that credit card companies use deceptive practice, so people can not understand how their balance triples within six month. His false statement through me in the first chapter because he states "you debt problems are not your fault, but the credit card company" makes me see stars. `Hey Mr. Credit Card Company thanks for twisting my arm. By the way, that means I do not have to pay.' Well debt is at least partly your fault (80%). The high fees and interest (10%) are not and the economic factors (10%) aren't, but eighty percent of it is still your fault. Shifting the blame does not solve the problem.
The reminder of the first chapter is a self advertisement and a statement that he doesn't want to make any money, just information. Do you believe that, I have a bridge in Brooklyn to sell you, it's cheap?
Well I am dumb founded over chapters two and three because they repeat the same central theme as the first chapter Banks bad, government bad, down with the fees consumer good. Hey aren't banks in business to ah... make money? Why do I need this repeat more than once? Couldn't this have been combined in chapter one.
That would have been two chapters shaved and about 20 pages.
In chapter four I believe Mr. Trudeau is asking us to commit fraud. He suggests that when our debt gets near the Statute of Limitation, to tell the debt collector that you do not owe anything. It magically disappears. Well it doesn't because 1.) You still used the card and owe the debt and 2.) The creditor can still sue you and a judge will not care if it out time or not. There is more then one case on this. This is fraud isn't it?
In chapter five he suggests to negotiate with your creditors to reduce your debt. This is suggesting that the debt holder will do it. From experience, they wont. If they do, you still have to find the money to pay them off.
Mr. Trudeau does give some valuable information on your balance sheet (Net Worth) and your income statement (Cash Flow Statement) and what they are. He never explains what the importances of them are and why he mentions them. The rest of the book ignores these statements as a passing movement.
In chapter six, he suggests to call the credit card company to cut your interest rate and fees. This is good advice if the interest rate and fees are causing you to not pay and be late. This is what your income statement and net worth are for.
Chapter seven is the chapter on fighting back. It never really state how to fight back (it gives a lot of already written cliches). The chapter is mostly unsubstantiated stories of how some people fought back. I doubt these would work also because the credit card companies are not dumb.
Finally in chapter eight we get some useful information (though little). Here Mr. Trudeau explains your credit file and how to get it or at least the nuts and bolts. He gives correct information, but offers very little advice on how to correct problems and increase you credit rating. He advises you to get your credit report and checking thoroughly and often. Well Duh do I need one line at $39.95 plus shipping to tell me that?!
Again chapter nine is a continuation of chapter eight (which could have been combined) where Mr. Trudeau explains your FICO score and how to increase it. This is common sense; pay on time and keep balance low, duh! This is the first time he suggest going to a monitoring service (preferably debtcure.com) that will monitor your credit file for you at a price. One a year is fine unless you have problems. Then pay for it as you are clearing up your credit.
Chapter ten is yet another continuation of chapter eight and along with chapter nine should have been combined and condensed into chapter eight. He further explains your credit score and how high balances reduce your rating and low balance and timely payment help you increase your score (Well Duh , again)
That another two more chapters to be cut and about 25 pages saved off. Wow the book is getting lighter.
Chapter eleven is completely useless because suggest monitoring your credit rating, but there is no support or explanation on how to do it. Why was this on there to begin with?
Some easy strategies 7 in all (finally we are getting some where, nope). These are al common sense:
1.Pay on time (duh)
2.Pay More (again, duh)
3.Don't skip (you need some one to tell you this)
4.Don't close (I admit, most people don't know this one)
5.Stay Low; as in balance (Ok again, some people may not know this. Sometimes it is unavoidable though)
6.Don't Go Crazy; as in applying for credit (this is a strategy?)
7.Avoid inquiries (Ok again, some people may not know this. Sometimes it is unavoidable though when creditor are looking into to it get you that better rate)
Chapter twelve is about saying the two magic words to get credit card companies to give you some slack. I can't believe Mr. Trudeau suggest telling your debt collectors that you were a victim of "Identity Theft". This ruins everything for those of us who were actually victims. Can you cry "Wolf?" Or the debt is not yours (see chapter four here).
Half way through and most can be deleted as wrong, miss leading or useless information.
He talks about you home in chapter thirteen. Did I miss something, did we finish the debt issue. How do I get out of debt? All we get is how to avoid it and ask to reduce it. Again he talk about FICO and how you interest rate is based on the information in your credit file. He suggests to get rid of you PMI (Private Mortgage Insurance), let me see about thirty real estate books suggested it in the past 28 years.
Chapter Fourteen suggest you do not file for bankruptcy unless you have to, which is what I agree with. This is also the shortest chapter.
Here we go again, chapter fifteen is a flash back from chapter one. Big bad credit card company is stealing from the consumer and it is all a business. I got it already. He gives information on who to contact if they violate the laws. I think you can figure it out or go online to check.
Well chapter sixteen is another flash back to chapter on so I will not comment.
Again chapter seventeen is another flash back to chapter on so I will not comment.
Chapter fifteen, chapter sixteen and chapter seventeen should be combined into chapter one, shaving off three more chapters and 34 pages.
Chapter eighteen and nineteen repeat many of the themes in the rest of the book and he tries to convince to stop collection agencies in there tracts. He suggests keeping a journal when a collection agent calls and document them. Any Judge show should teach you this. Also isn't this common sense?
Chapter Twenty is the achieving wealth chapter which tells you nothing. This chapter is another waist of paper.
Chapter twenty-one and twenty two is about rebuilding credit. The only suggestion that I agree with here is to get a secured card, preferably where you bank already. The other advice; Asking friends and relative to allow you piggy back on their credit, co-sign loans, and taking installment loans are unwise. His rational is unclear and these should not be done anyway. If you piggyback, you guaranteeing to your relative's card company that you will make payment if you relative default for any reason. This and co-signing is never a good idea.
Chapter twenty-two suggests starting a business to get credit. Good if you have a legitimate business and the IRS is your side. For the IRS you would have to make a profit 3 out of the next five years you loose the tax benefits. Doesn't just start a business to increase you credit rating do it because it fills a need.
Chapter twenty-three can be found on line and through Matthew Lesco's books because Mr. Trudeau tells you how to get free money for you business or credit problems. No news here and most of his suggestions can be found online saving you the $39.95 plus shipping charges.
The last chapter has nothing useful.
Let's add up the usefulness of this book to the consumer. First it never gave the specifics I discussed in the second paragraph. The information was vague and sent you to a lot of other sources while other books were clear. Adding up the useless chapters and pages, here are the true number; 10 chapters should have been completely removed for vagueness and useless information representing 184 pages. That's 61% of the book that could have save trees.
If you want alarmist information and everyone other then you is bad, then this is for you.
If you want real information, save you money, there are plenty of books that legitimately help reduce and eliminate debt and help your wealth grow. Read Make Your Paycheck Last by Howard Moe, The Cheapskate monthly, Nolo Press' books on Bankruptcy and credit repair, and dozens of other books. The cost of these books combined should equal to less then the price of Mr. Trudeau' book. Stay away!!!
enjoy
 Advice so simple, of course you wouldn't believe it January 22, 2008
139 out of 179 found this review helpful
I've decided to do an actual BOOK REVIEW, rather than an author review. Sure, Kevin made some mistakes in the past, but nobody's perfect, not even his worst critics. It's my deep belief that if you rip on wealthy people, you probably aren't wealthy and never will become wealthy. So I stay open to what Kevin has to say.
So on that note, I've actually read the book from cover to cover and can honestly tell you that despite his repeating the same basic ideas and how people used the Debt Cures methods over and over, the advice in the book is simple & solid for someone like me who is dealing with debt collection scumbags.
Like Kevin's previous books, there's alot of eye-opening and anger-inducing information. He tells you how to set up an income statement and balance sheet to document your net worth (handy for reducing your debt amount), the details of your credit score, credit repair, basics on how to deal with collection agencies, applying for grants, and getting started with financial freedom.
I'd say the best place to start researching fair debt collection is on the internet, IF you know where to look. However, if you are in getting harassed by bill collectors and completely clueless about your options, this book is a good place to start, but to me it's most useful for the other topics I described previously. Worth a careful read.
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