Debt Cures "They" Don't Want You to Know About by Kevin Trudeau (2009, Paperback)

The book seems to be written by a guy whom knows very little. He just put together what he thought, a few web sites anyone could find with any google search and nothing more. Glad I didn't pay full price (LOL)

I purchased this book because my husband wanted me to. He and I are living week-to-week and have racked up $150,000.00 in debt. I read it, and there is information which could be helpful to many people, but it's nothing I didn't already know.
To be fair, I read another book, "The Total Money Makeover" by Dave Ramsey for comparison. One big difference between the two is that author Kevin Trudeau ("Debt Cures..."2009) puts all the blame for our debt on the banks and credit card companies; Ramsey tells us it's our own fault for getting ourselves into the mess we're in. Another difference is Trudeau gives advice on how to re-build credit; Ramsey says we don't need credit and should live debt-free. A third difference is that Trudeau advises negotiation with creditors to lower debt and to not acknlowledge older debt (according to your state's laws); Ramsey lays out a step-by-step program using a "debt snowball" to pay back your debt, not try to abandon it. Both authors advise avoiding bankruptcy whenever possible. If you have a lot of older debt and don't mind haggling with your creditors, go with Trudeau's book. Personally, I thought it was a lot of hype to get you good and angry with the government and creditors. If you want a solid, proven, and in my opinion more sensible solution, check out Dave Ramsey's "Total Money Makeover".
One more thing; I actually did try to negotiate a lower interest rate on one of my credit cards, and it didn't work. I'm sure if I hounded them about it, they would eventually give in (the squeaky wheel gets the oil!), but Trudeau's methods are not appealing to me personally. Check out Dave Ramsey first!

This is one of my favorite books and it is a great read. I wanted to purchase it as soon as it came out, but it was not in my price range. Then all of a sudden, I searched e-bay and found it at a great value and jumped on it as soon as I found it. It has plenty of valuable information on the credit card industry and other aspects of the economic situation that this country is facing and solid tips for the consumer to use to help them out during this stressful economic time.

I bought this book because my son was contemplating foreclosure/bankruptcy, and he wanted to know what he was facing. The book put a lot of the right information into his hands without him having to research it all for himself.

Some folks I know do not like Mr. Trudeau repetition of the same info over and over, but I remember when I was homeschooling my children, I was told it takes at least a 1000 repetitions for something to stick in the mind. That is why so much of school is a repeated action: each grade builds up on what the previous grade taught.

But I found the book very helpful, and I am glad I bought it. Yes, I recommend buying it if you're in financial distress.