ARA Review by dwaynecharles13 of Debt Cleanse

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dwaynecharles13
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ARA Review by dwaynecharles13 of Debt Cleanse

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[Following is an OnlineBookClub.org ARA Review of the book, Debt Cleanse.]
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4 out of 5 stars
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Debt Cleanse: How To Settle Your Unaffordable Debts for Pennies on the Dollar (And Not Pay Some At All)" by Jorge P. Newbery promises to be a groundbreaking guide for those struggling with debt, offering hope for a fresh start through debt settlement strategies. The author presents a convincing argument for how his methods can help consumers settle their debts for a fraction of what they owe, and even avoid paying some of their debts altogether.

One of the strengths of "Debt Cleanse" is its practicality. Newbery's advice is not only clear and concise, but it is also backed up by real-life examples of people who have successfully used his methods to eliminate their debts. For instance, he cites the case of a woman who was able to settle her $75,000 debt for just $3,500 by using the strategies outlined in the book. He also shares his own experience of settling over $26 million in debt and coming out debt-free.

In addition, the book is full of useful resources that can help readers take action to settle their debts. For example, Newbery provides sample letters that readers can send to creditors, debt negotiation tips, and legal advice. These resources are well-organized and easy to follow, making it simple for readers to implement the strategies outlined in the book.

However, despite its strengths, "Debt Cleanse" does have some weaknesses. One of the main concerns is that Newbery's methods may not be suitable for everyone. As he acknowledges in the book, settling debts can potentially harm a person's credit score and financial stability. Newbery advises readers to weigh the pros and cons carefully before deciding to settle their debts.

Moreover, the author seems to overlook the root causes of debt and how individuals can avoid it in the first place. While he provides practical advice on how to settle debts, he does not address the underlying issues that may have led to the debt in the first place. As a result, readers may not be able to avoid getting into debt again in the future.

Often portrays creditors as villains who are solely interested in profit and have no concern for the well-being of their debtors. While this may be true in some cases, it is not always the case, and it paints an incomplete picture of the debt industry.

Overall, "Debt Cleanse" is a helpful resource for those struggling with debt, but it should be approached with caution. Readers should carefully evaluate their financial situations and seek professional advice before implementing any of Newbery's strategies. While the author's methods may work for some, they may not be the best option for everyone. Author should have emphasized more on 'uses of debt and how individuals can avoid it', which could boost its long-term effectiveness. As such, I give "Debt Cleanse" a rating of 4 out of 5 stars.

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