i have a question? …
i have a question? if i owne $44000 in credit card debt and stop making a minimum payment can i get my wages garnish by the credit card company?

I didn’t say it’s a …
I didn’t say it’s a theory. It’s a fact. Why do you think in the USA you the colour coded “threat alert”? Happy people are not easy to govern because happy people can think properly but frightened people do as they are told. Why does the government allow credit card companies to run their business when everyone knows that credit cards are the major cause of bankruptcies, debt, stress and many other problems.

I had an Amex …
I had an Amex business charge card with “unlimited” spending limit. Credit cards are designed to put people and the country in debt. Debt creates fear and breaks a person’s morale. Frightened people with weak morale are easy to govern. Nation in debt is a nation easy to govern. These are the words of a very wise man

the only logic in …
the only logic in using credit cards is that #1 if you pay it off before interest is applied, there really is no problem and you don’t have to carry outrageous sums of cash when you go shopping.

#2 companies act funny ONCE THEY GET YOUR CASH.
With credit cards, you can negotiate returns that you might normally not get back if you pay cash. Keep in mind, some stores have some shady return practices while many credit card companies are willing to fight for their customers.

I looked up my …
I looked up my finance charges from June 1 2006 - July 1 2008.

I’ve paid over $275 in that time on a balance lower than $1000.

I’ve currently got a finance charge of $3.33 on a $237 balance.

I’m gonna pay this whole thing off ASAP. I can’t believe they got me for that much money.

I’m about to payoff …
I’m about to payoff my AMEX card - $237

Of course, that’s just for the moment. I still have a $26,000 car payoff.

Quote: “Your …
Quote: “Your calculation does not take into considearation the fact that the pricipal is reduced by $16.67 every month.”

Oh yes - he does take that into consideration. About 4:20 into the video: “$29000 - but it gets a sliding scale, so I average it out to about $20000″.

Informative post..2 …
Informative post..2 comments:
- Your calculation does not take into considearation the fact that the pricipal is reduced by $16.67 every month. So it will take less time and will cost less to repay than your calculation.
- The Usury law rate depends on the state. And credit cards are mostly located where this rate is high(SD repented the max on interst rate to attract companies in the 90s. many CRDT card companies moved to SD in the to survive!! )

Well done mate. Off …
Well done mate. Off course the bottom line is that people that are in debt simply deserve it because they want to have everything right now. The key is to wait untill you have cash to buy what you need. A car or a house is a different matter of couise but things like daily shoppin is no excuse.

good job ..
good job ..

Excellent video on …
Excellent video on usury. All Americans should be more informed and unite to stop people being manipulated and raped. This is pandering to peoples weaknesses. Jesus needs to return and stop this practice. We wonder why people go nuts and get stress related illnesses. Churches need to help lend to people and counsel them so they can live better.