John Commuta’s Transforming Debt Into Weatlh System Review

by Christopher on August 30, 2009

If you’re not familiar with John Commuta’s Transforming Debt Into Wealth System you just have to turn on the radio to hear all about this guy.  In this article, the John Commuta review, I will be talking all about John Commuta’s  famous transforming debt into wealth program and why you shouldn’t buy it.

Transform Debt Into Wealth

It all sounds good right, a system that will eliminate all of your debt in a matter of a few years.  The big question on everybody’s mind is does this program do what is says it does?

The long and short is the John Commuta transforming debt into wealth program does work, everything in his program you can find on about every other finance blog on the net including this one.

The truth is the crap that John Commuta has been selling for years making him rich is the same stuff found right here on Stumble Forward.  Yup, you heard me right here at this blog.

How John Commuta Turns Debt Into Wealth

Turning debt into wealth sounds like a catchy title but in reality all he is doing is selling you a system that has been around for years.  It’s called the debt snowball plan.

With the transforming debt into wealth system John Commuta takes this very program and packages it up into nice and neat little package along with some great testimonials and presto, you got a never ending TV infomercial making thousands of dollars a day.

By the way you know John Commuta is making a lot of money off of this program or you wouldn’t hear it ten thousand times a day on the radio.

I know this can sound a bit harsh but it’s true.  People in America get ripped off everyday from scammers, but the worst part is the people who are in debt up to their eye balls are getting the blunt end of the deal, much less paying for the John Commuta scam product.

The so called debt settlement companies that are helping you eliminate thousands of dollars of your debt are nothing more than in most cases a bunch of fakes.  Now I say most because some are legit but most are taking advantage of you.

Where To Get Your Debt Advice

If you’re looking for some simple debt advice on how to set up a debt plan check this out.  If you want to get a more extensive view into what it takes to get out of debt for free check out Enemy Of Debt.

This guy knows what he’s talking about.You can read all the John Commuta reveiws you want but Enemy of Debt  does what he preaches and knows a lot about the subject of debt, and isn’t some infomercial guy just trying to push a product on you.

Their is also another point that must be said, you have to watch out for who you take your advice form when it comes to getting out of debt.  If you have ever heard the term don’t get a hair cut from a bold barber the same should hold true for who you take financial advice from.

If you’re wondering who you should get your advice from question their motives.  Here at Stumble Forward I’m not charging for any of the advice and second I have personally worked in the industry myself for 4 and a half years.

If your getting debt advice from someone who is in debt up to their eyeballs much less from a guy like the John Commuta fraud doing nothing more than pushing a product  that may not be the most trustworthy source.

Final Thoughts

Don’t buy John Commuta’s Transforming Debt Into Wealth System.  If you really want to turn debt into wealth start reading up on the abundant information available on the net, and the best part it’s all free.

Chris

If you like this article check out these recently featured on The Carnival Of Money Hackers by ABC’s of Investing.

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{ 9 comments… read them below or add one }

Brad August 31, 2009 at 5:05 pm

As soon as I saw this title I was like, “that name sounds so familiar”. John Commuta….hmmm. It didn’t click at first. Then I remembered that it’s the guy on the radio selling a package deal as some kind of secret only he knows. LOL There are a lot of those guys out there. You are right! If you just take the time to do some research you can find a variety of methods to help you get out of debt absolutely free.

Thanks for the shout out too man, I really appreciate it!! :)

Christopher Holdheide August 31, 2009 at 7:00 pm

Thanks for the comment Brad. I’m just giving credit where credit is due. Your site has tons of great free info on it.

TJ Saotome October 19, 2009 at 3:55 am

Very educational. I was wondering ‘How effective or true is this John Commuta guy?’ You are absolutely right. You should not have to pay for quality information that you can spend a little bit of your own time to harvest. Only the lazy people who are up to their eye balls in debt will buy John Commuta’s system. Thanks a million for your invaluable insight.

Christopher Holdheide October 19, 2009 at 9:45 am

People pay this guy thousands of dollars a year to show you a system that can all be found on the internet for free. I like the free version. The problem is in the USA we equate value with how much money we pay for something and that if something is free it’s not that valueable.

NOPE. It isn’t so.

If that were true then guys like Dave Ramsey wouldn’t exist. I’ve used his website many times to help me out with my own financia situation.

Thanks for the comment TJ.

N.L. MacDonald May 4, 2010 at 6:53 pm

I fell for this thing and it’s a nightmare. After 2 sessions the guy said, we’ll there really isn’t anything you need to change financially. I’m now getting calls from the financial processing company stating that I owe them $6,500 whether they can do anything or not. Run don’t walk away from these people.

Jack Libby June 17, 2010 at 8:05 pm

When you hear of something that seems to good to be true, it is. I got suckered into this because I thought he might show a way to cut the mortgage. It turns out that every CD I listened to talks about the same thing over and over. Long drawn out conversation over and over. Doesn’t discuss any hard strategy just tells how to pay off high interest items, pretty much common sense. Then you start getting the calls from people who want to set up appointments to discuss your financial situation, and at a cost. Before you know it they’ve dinged your account and tell you the thirty day period is up and that the silly CD’s are going to cost you 6 months at 79.99 a month.
I normally never listen to scams like this but I was under the impression that they would discuss things like splitting the mortgage payment into semi monthly.

Nanette June 21, 2010 at 7:49 pm

Tj you say “Only the lazy people who are up to their eye balls in debt will buy John Commuta’s system. ”

Why do you say lazy? These people are desperate, not lazy. If you had tons of debt, you would be too. Unlike some of these people, I did my research on all of these things and haven’t found a single one yet that’s legit. I have a lot of debt and just lost my job to India, but I’m not about to pay money I don’t have to someone claiming they can get me out of debt. If it seems to good to be true, it usually is…..

Nanette June 21, 2010 at 7:53 pm

Jack, you can do the mortgage thing yourself, just pay half in the middle of the month and half at the end. The hard part is getting that first middle of the month payment done since people usually pay their other bills then. Once you start though, it’s easy.

wilma a. August 12, 2010 at 4:12 pm

I requested the material….I was floored when I saw the price. When I requested the material and asked how much it was they did not disclosed it and all they would say was you can review it and if you do not like just return it. I was leary about their answer and told them to just disregard my request. Needless to say I received it about 3 days later. I returned when I saw the price …I received numerous phone calls from them asking me why I did not like their product to which I told them that I did not need to get into debt with their system….I was looking to get out of this and if I purchased their system I was not helping my financial situation. I finally had to tell them that I did not want them calling me….to which they repeatly reply that I was entitle to speak with a professional financial advisor for free since I had received their material. I could not believe the aggresiveness of their sales team….

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