Credit Card Debt is the most profitable commodity in the world. There are over three hundred million credit cards with an average limit of $3,000 collecting 70% to 85% interest monthly. Credit Card Debt is the catalyst that is producing the economic struggle in America today. Credit Card companies have issued more credit than the average consumer can handle.
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abridgewater101 1 year ago
Top guy! Thankyou
Scrabbler27 1 year ago
why would somebody need one in the first place?
Omega3chimp 1 year ago
Or you could just write them stating you will pay the debt if that can provide a legitimate contract with two signatures and proof of loss the the creditor.
They cant.... there is no debt because there is no money.
My way is called debt elimination.
crimberland 2 years ago
What if you have no assets.
tormozat 2 years ago
KITE the credit card companies!!!
1. use low introductory rate (0.9%) offers to your advantage
2. ensure you set monthly payments to 'automatic' payment
3. use the credit available to pay-off 'purposely created' debt
4. pay ONLY the minimum amount
5. withdrawn from Bank 'A' line of credit, paid off thru Bank 'B' issued credit cards...
6. invest the withdrawn amount at Bank 'C' at 4.1 %
7. before the low rate offer expires, pay it off by withdrawing from your investment
LocoPCtheoneandonly 3 years ago
KITE the credit card companies!!!
1. apply for another card at the same credit card company (ensure card 1 is fully paid)
2. the 'new' card will carry a minumum of $ 5,000 credit limit
3. ask the credit card company to 'consolidate' card one credit limit onto the newly issued card two
4. close down card one
I was able to increase my $ 50,000 maximum credit available to a whooping $ 75,000 ... used it to pay off 'purposely created debt'..which I use to invest
a a high rate at another bank
LocoPCtheoneandonly 3 years ago
Pay off your credit card debt by cashing in your investment one week before your credit card low interest rate expire!!!
KITE the credit card companies before they get all absorbed (nationalized) therefore before government finds a way to pin you down to your debts for life
LocoPCtheoneandonly 3 years ago
I paid off my credit cards after seeing this guy's other video.
I don't mind having a luxury car debt or home mortgage (which is ironically, alot higher) but I paid off my cards when I really figured out how bad I was getting fucked.
whitecollarcriminal 3 years ago
this is such bullshit.
if you don't take out a loan, you don't have any debt.
duh!
bugsycline 3 years ago