subject: John Cummuta - Transforming Debt into Wealth: Is John Cummuta a Scam? [print this page] John Cummuta - Transforming Debt into Wealth: Is John Cummuta a Scam?
Millions of people struggle with their amounts of debt. It is important to live debt free because debt can overtake lives and ruin them if not handled properly. John Cummuta debt to wealth is a program that helps people become debt free in a time span of five to seven years. They will also be able to entirely pay off their mortgages during this time span if they currently have one. The program is offered by John Cummuta who is a debt elimination expert.
The John Cummuta transforming debt into wealth program works by having consumers use the tips provided to utilize their own incomes to pay down their debts much faster. The tips are given on a free CD and consumers are told that they have no obligation to buy anything at any time.
Heres where John Cummuta's Debt to Wealth comes into play:
What is great about this system is that it is very cut and dry and consumers can easily follow the tips and implement them to their own household budgets and debts. For example, consumers are taught to pay off their smallest credit cards first and then work their way up. Most people think that they need to tackle their highest rate credit cards first to resolve their debts quickly. Consumers are also shown how they can pay off their mortgages years in advance, just by paying off their credit cards, loans, and other financial obligations. They then double or even triple their monthly mortgage payments paying the mortgage debt off much faster. Many consumers do not understand how finances work and think that they cannot repay their mortgages quickly without having a penalty. This program shows that resolving debts much more quickly can actually make people much wealthier in the long run than just paying minimum payments every month.
