Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

if you "borrow" from anyone ...
then you should "pay it back"

if you short change someone...
somewhere, you will end up getting short changed back

getting things,
before you earn the things,
is a costly way of having things,
esp. since, if you did NOT do the right energetic things,
to deserve them in the first place

i believe in borrowing money for three things

1) school

2) a house

3) a car, is you need it, to do what earns you a living,
and, you can absolutely NOT, be without one
(1,000,000's of professionals, in new york/toronto/london,
etc., live without having a car)
and, you rent one, when you absolutely need to have one

if you are into your credit cards/and,
that is how you live - month to month
minimum payment to minimum payment
it is a good idea to realise,
that money is energy, and, energy can be raised,
and, normally, if you raise your energy,
and, order up the universe,
by offering "good exchange",
all that you require, will be given to you

i also agree with "baggywrinkle"

on the topic of "the money exchangers-or banks"
they thrive on your greed, and, your ability to say
charge it, when you can NOT afford to charge it
you are an asset to them, as long as you pay
you are a liability to them, if you do NOT pay
but, either way,
it is a liability to you/and, rarely are assets you acquire
on time, worth the price you pay to get them that way,
they are normally worn out/and, useless,
by the time, you ever get around to paying them off

if you have bad debt / consolidate it
and, then, if you do NOT want to pay cash for something,
then, do without it

at this point, the only thing i have,
is a mortgage, and, i hope to soon get rid of that,
by paying off 25% of the balance of it,
once a year
(yup...you can pay off a house in 5 years,
if you really focus on it)

also, perhaps more of us,
need to explore private mortgages,
instead of bank ones

my great-great grandfather was a money lender/
and, helped many immigrants, get into business/and, into houses/and, farms, esp. since banks would NOT help them,
and, he never charged anyone a lot of interest,
his rates, were 1% less than the bank--
and, where quite appealing to many people,
also, he never had to take anyone to court,
and, no one ever took him to court,
which says, a great deal about what a true money lender,
is all about

we need to exchange with one another,
and, side-swipe the bandits !!!

learn to barter/
and, trade with your neighbours
pass on things that you no longer use to someone else
buy somethings you need second hand

cheers/
susan
the eXchanger

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

After my experiences I don't believe in borrowing money period. Not anymore.

I don't have a mortgage, never took one out, partly because I had so much debt at the time when I was interested in buying a house, and then house prices shot up, which took mortgage affordability above my disposable income at that time.

I could afford a mortgage now and if I was ever going to borrow money ever again, I would only consider a mortgage, nothing else.

But I just don't want to go down that route again.

I have no loans, no credit cards, no store cards anymore, everything I buy these days is cash. My current car was bought cash etc. Everything, new TV, new cooker, redecorating, clothes, whatever, cash. If I don't happen to have the cash I don't buy it.

The banks do not control me anymore. Its liberating and satisfying.

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

that is great "average joe"
who is NOT really an "average" joe
i think he is a way "above average" joe :thumb_yello:

love/susan
the eXchanger

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

Thank you susan.

I think average joe suits me though.

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

Check this out:

http://www.the7thfire.com/debt_elimination/media.htm#01

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

Excellent, we should have the right to challenge bad practise, it is about recognising our own power and worth in effecting change on an individual and global level.

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

Recognising your own power and worth by ripping off creditors, and that is effectively what you are doing, negates everything about what you want to become and who you are.

Like I said, personally I couldn't sleep at night if I took the opportunity to walk away from owing a company x amount of money, knowing full well that we had an agreement.

These alleged bad practices by banks are no excuse for doing this, IMO.

Lets think of it this way, a person wants to be a good person and spread love and light, yet on the other hand wants to rip off or steal money that they owe out. That is hypocritical.

What is it that people say? I can think of two things that usually hold fairly true....

1 "Treat others as you would wish them to treat you"

2 "What goes around comes around"

In other words, going down this route to free yourself of debt, may give you a temporary feeling of empowerment and satisfaction, but I just feel you are going to be laying yourself open to a whole lot of trouble just waiting to come back at you later down the line.

Love, light, peace to you all but beware if I owe you money I'll try and rip you off.

Joe.

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

These criminals have been robbing us for years. Literally taking the food out of babies mouths and feeding it to the fat cats! The rich get richer, the poor get poorer, it was engineered that way, so if I can finda loop hole to stop filling there pockets, phuck yeah im gonna take it! Now, my debts were run up by the fact that I had no disposable income at all and had to live off my credit card, its not as if I was going out and buying gucci handbags!! Also I ahve never defaulted and am always consious of my bills, they always get paid and I have always felt that I should pay it back, HOWEVER, now I know how utterly corrupt it all is, and how we have been manipulated, I say they can swivel.

It should be our god given right to have shelter and food without having to ask for pay outs and die through stress in the process of providing for our families! Meanwhile sickingly rich people get things free!!

They want the banks to fail, they set up this system so that it will be brought down so I say help them. If they are that bloody concerened why dont they just right off everyones mortgage and freeze interest. Yeah they will lose alot, but not everything!!
But they want it to fail.

PROBLEM, REACTION, SOLUTION.

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

QueenofLeon youre pretty much there.

Im still tearing my hair out here.

isotelesis, that link is great and shows EXACTLY what i am talking about.

Joe, i know its a weird thing to get your head around but its not the banks money you have got. Nobody looses out when you dont pay. WE ARE KARMA correcting the evil they have made.

Seriously.

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

A bank lends you ten grand.

You steal the money by pointing out a loophole.

SOMEBODY has lost 10 grand.

End of story.

So we disagree on that one, you think its OK to theive money from financial institutions, I think it is immoral. Fair enough.

Onto the other point you made, why is it that we are in a credit crisis?

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

Nobody has lost 10 grand. Here:-

"First you must understand that in our money system there are no funds because there is technically, no money. There is only debt and debt instruments that are used in place of money. They used your name to create a trust with themselves named as trustees, and they have used that trust as collateral on the national debt. That collateralization is in an asset account for the trust after it was monetized on the world money market. The process #3 establishes YOUR right as the trustor and takes that trust back under your control. Under your control you can transfer trust assets to the trust debt account, thereby discharging the debt.

You next must understand that the debt is not yours personally. You have, since you began doing money transactions, functioned as a voluntary fiduciary representative for that trust account, paying its bills with your own phony money. When you set up your first checking account, you accepted this relationship with the trust the government had set up in your name. You have not had control of this trust because you never claimed it and your parents could not control it for you because they were wards of the State like you. "

Research Fractional Reserve Banking. Banks at one point could lend £9 for every £1 they took on deposit. The problem is, when that £9 is paid back into the bank, the banks decides to multiply it by £9 again. In one step all this money has appeared from £1

The only reason we hit crisis this time around was a lack of confidence among banks. If they has stuck to the fractional reserve banking ratio then it wouldnt matter so much when debtors had trouble paying. They would hold enough cash on deposit to cover it. Not if they have unlawfully bypassed the system and created way too much 'money' from fresh air.

This is not about a loophole. Its about the law being broken by the creators of debt

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

Well it looks convincing, is there evidence to back this up?

I still can't get my head around it though. If a bank can lend £9 against a £1 deposit, to me that doesn't mean they are creating money out of fresh air. It means they can lend the money against the repayments + interest that they will collect. Where does the money come from? Well they are collecting payment from other debtors anyway, that can provide the capital to lend to new debtors. Theres no two ways about it that they will profit, but that is what businesses are in operation for.

Besides whether "I get it or not", that is not my gripe Mike.

If I want money up front by loan, it does not make any difference to me whether that money is fresh air, real or what.

All I care about is that a) I now have the 10 grand for example, to buy a car with and b) that I can pay it back. It matters not if it is all one big illusion, all that matters is that I am now able to buy the object that I borrowed money for. That is the bottom line.

So, I borrowed the money, I now owe the money and that is that. And that is my gripe. You borrow knowing that you're supposed to pay back.....even if not paying would apparantly leave no "victim"......it doesn't matter! We call this integrity.

If a friend lent you money, you'd pay it back.

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

I think your point is judging, something you do really well. When people pay a debt over and over and interests rate and rules keep changing so much one cannot keep up, when people loose their homes to lies, it's time to say stop. And when banks sell loans to other banks with different rules, it's time to say stop. And when governments allow the rules to change to the detriment of a nation, it is time to say stop. And when that same government gives corporations a huge bailout to companies that have had obscene profits, it is time to say stop!!!!!!

In insiders circles, banks are known as legal thieves.

At one point, my husband had to pay a deductible of over $24,000 because he ended up in intensive care. Did we get in debt? Yes, we did. I was not about to let him die.

Get off your high horse and stop judging others.

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

Average Joe stop taking the moral high ground with people on here, if you wanna be stiffed by banks then you crack on, but for the rest of us who will not roll over and be shafted that's our choice to seize back our power and take on the very people who would be knocking on your door if I was late paying my mortgage, loan, credit card etc, etc and would be quite happy to take my property to cover themselves.

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

This is the exact reason that the big players dont need any more money. They have long ago created real wealth and assets and now hold almost all of the power. It started many moons ago by hoarding the gold and then creating all the cash to buy everything they would ever need, including governments.

The evidence is everywhere. Even Woodrow Wilson spoke about it 3 years after he sold his country to the bankers:-

""I am a most unhappy man. I have unwittingly ruined my country.
A great industrial nation is controlled by its system of credit.
Our system of credit is concentrated. The growth of the nation,
therefore, and all our activities are in the hands of a few men.
We have come to be one of the worst ruled, one of the most completely
controlled and dominated governments in the civilized world.
No longer a government by free opinion, no longer a government by
conviction and the vote of the majority, but a government by
the opinion and duress of a small group of dominant men."

Your birth certificate is used to create a bond that is sold by government to foreign powers, against your future taxes.

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

For the 'ethical' posters using the Bible to their advantage:

About the Jubilee... During this year the land was to be fallow, and the Israelites were only permitted to gather the spontaneous produce of the fields (Leviticus 25:11,12). All landed property during that year reverted to its original owner (13-34; 27:16-24), and all who were slaves were set free (25:39-54), and all debts were remitted.

Why? Because through the years abuses became rampant and this was the way to stop it.

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

Sounds very much like what could happen now.

Eliminate third world debt. Oh hold on but that wouldnt be ethical. We still need to squeeze their blood and tears for the money they owe us which we created from thin air.

Another point. Some solicitors will know this but many wont. When you buy a house with a mortgage the reason you have certain papers to sign without putting a date on them is because you technically own the house before the mortgage is created. You dont get the money to buy the house. You borrow the money against the value of a property you own. You must first own the property. It is simply transfered from one to another

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

I believe in paying back repayable debts, I don't believe in perpetuating a monetary system based on usury, it depends on who and what is paying for your loan. All I suggest is people understand how their loan has been financed, then taking appropriate action to protect their rights, preferably through legal recourse. If somebody loans you money they don't have, should you pay them back? It depends on who owns the debt instrument. If nobody does, then why let someone else claim ownership if they did not own it in the first place? If I lend you $100 I don't have because I have the monopoly to create money based on nothing, do I have the right to force you to pay me back, even though I cheated you for something I never had in the first place? It depends on the circumstance, but all too often, people are being swindled by predatory lenders. The absolute power to create new credit out of nothing corrupts absolutely. Unfortunately, the entire world is now based on this fraudulent system. People are either too interested from its profits or too dependent on its favors to oppose this system. Therefore, we should all put our heads back down and keep chewing that grass, don't bother escaping, we've got snipers all around waiting to act on our orders. Accept the necessary evil, it is good for you, don't start thinking for yourself, that is bad for the collective, we must teach you to behave like the rest...good...don't bite the hand that feeds you now.

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

Back in Canada I had occasion to help a friend through debt crisis... one case went to court...

When the Judge came in he made a little speech. He told the creditors not to expect sympathy from the court...

His reason? The creditor obviously made the loan easy to get without checking to see if the person had the ability to repay... Credit companies make it so easy to get in on purpose...

The courts do NOT favor the guy wanting his money back. This is why most companies will easily settle for 50% of the original.

Also a court will never collect accrued interest... only the initial debt will be considered...

Obviously saying "STOP BUYING ON CREDIT" comes to mind... but that is not the reality of todays market. If we stopped doing that tomorrow, the financial world would indeed crumble over night

Not paying back your debt does not hurt the company, as they can write off the entire amount from their taxes... so only the tax man gets hurt...

And I doubt many will sympathize with him :tongue2:

THEY set up this debt system, not us... WE are made victims not by choice...

For the few who can break away... congratulations :thumb_yello: but the rest do not know how...


Mortgage... instead of that shopping spree, put 100.00 extra a month on the principal... (or more if you can) In a short time you will not miss that 100.00 as it becomes routine...

Another idea.... (we do this) make 100 envelopes... mark them 1 to 100...
Now any extra cash you get... say a yard sale, a little side job or money you feel you can set a side... start filling the envelopes... $1,000.00 each

As soon as one is full... put it on the principal... because if you leave it around the house you will spend it :tongue2:

As long as you make a conscious effort you will be amazed at how your mortgage shrinks :thumb_yello:

Past Debt... I do not know if this works out side Canada or the USA... but there is a law that allows you to contact the credit bureaus and get your report Here in the US we have three main ones...

As soon as you get the lists... WRITE A PROTEST on every item on the list...

By law the credit bureau now is obligated to verify the debt. They do this by contacting the original debtor and requesting confirmation of the debt...

The debtor has 30 (maybe 60) days to respond. IF THEY DO NOT RESPOND then the credit reporting agency MUST remove it from your credit history

When we bought our house... the finance company we used did this for us. Like the OP stated 70% of them literally vanished, the rest all settled for 50%

Here is what happens...

Company A you owe 500.00 or less... after one year of no activity they sell off the account to a collection agency for a percentage of the debt.

At this point they have written you off literally on their taxes. The collection agency takes a gamble that they can harass you into paying... In most cases it works... or they would not be in business :tongue2:

After a year this agency sells it to another agency, again at a percentage... the lower down the food chain the nastier they get :lol3:

So if you protest and the ORIGINAL debtor has washed his hands of it and already processed it in the books... it comes off you credit report...

Also if there has been no activity on a debt, after 4 years it is removed and no longer collectible. Though be aware that some can still check back 7 years... but no longer...

As they say "Time heals many wounds"

Now I am not showing you this so you can go out and do something stupid, but to show those that are in serious debt a way out. It takes diligence and effort but you don't need to pay someone to do this. A credit report is free on yourself (3 or 4 times a year I believe)

Countrywide mortgage helped us this way, and I am sure other realtors do the same for their clients.


Next installment... Once you cleaned up your past, how to build it up again...

:wink2:

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

For those who wish a relatively simple way to rebuild credit or those who are starting out with zero credit...

There is a way...

It requires a few things you MUST have...

A) $500.00
B) A steady job (does not have to be a high pay job but must be steady income for one year
C) A desire to make this work...
D) A good friend...

Okay get a pen and paper....:tongue2: Someone somewhere will be 'upset' with me for this revelation... (a lot of these 'get rich' companies use this secret and sell it to you :tongue2: )

You take the 500.00 and open a SECURED CREDIT CARD ACCOUNT in a bank that has no annual fee. If you secure a card with cash, you will get one with NO PROBLEM.

This card comes with a credit limit of 750.00 in most cases. Some only give 500.00 but look for the one that offers 750.00.

When you have the card... go and withdraw a cash advance of 500.00 no more...

With this 500.00 go to another bank and get a SECURED credit card...

Do this with 10 cards. I say 10 because it is easy to handle for an average person. You can do more but don't get greedy... that's what got you into the mess in the first place and you won't be able to handle the payments...

This is where the desire comes in... it will take a little work to track these cards...

Okay so now you have 10 card each with a credit value 750.00 each, plus each card is secured by 500.00 cash...

YES it is the SAME 500.00 used 10 times :wink2: This is what they call using other peoples money...

Now bear with me...

THIS is where the steady job comes in... because you now have 9 credit cards that you owe 500.00 on... (9 because you did not need to withdraw from the last one as you started with 500.00 of YOUR money...)

The average monthly payment on a 500.00 card is 12.50 to 15.00..

So 15.00 x 9 = 135.00 per month....

135.00 a month is all this will cost you... If you can afford that you can do this easily...

Not done yet...

This is where the friend comes in. Give the friend the 10 cards for safe keeping. You DO NOT want to use these cards for the year... PERIOD. You can cut them up if you don't have a friend. This is VERY IMPORTANT DO NOT USE THEM... Lock them away...

Now the payback.


After 1 year you will have..

10 credit cards that you have made a monthly payment ON TIME.

You will have in each of the 10 banks 500.00 cash. How?

Because you borrowed each 500.00 that you used to secure each card from your other card in other words from YOURSELF. You made the payments for 1 year and except for the interest charged by the card company, you are in effect repaying YOURSELF...

At the end of 12 months of paying on time... a majic thing happens... your credit on that account is great and the card becomes unsecured and they raise or double your limit to 1,500

So at the end of one year you have
$5,000.00 cash in savings (10 x 500.00)
$7,500.00 in credit if you decline the increase in your limit
15,000.00 in credit best case scenario

And the next time someone asks you to list your credit referals you have 10 bank references in good standing

So there you have one of THEIR secrets...

As long as you make the 9 monthly payments on time this is totally legit and a fast track to get you on your feet...

After that you are on your own to keep it that way and not give into temptation...



:welcomeani:

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

I agree with Average Joe.

It is energy. If you voluntarily took part in a system and now want to get out, get out honorably. Pay what you committed to pay to those who you made commitments to. If you want to stop dancing the same old dance, then let your partner down gracefully, for your own sake, not for your partner's sake. Very little in life is 'real'. To get mad at 'the man' and to stop honoring a commitment that you made, albeit in an 'unreal' currency, will not energetically charge you in the least. In fact, it will bring you down a few notches. You don't need to seize back your power .. no-one has it, you still have it. Go and use it wisely.

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

There is one system I have found which originated in Australia & The UK which does work **IF** you are disciplined. As stated above you eliminate your mortgage by paying the principal off. This program will
work provided you earn more than you spend, even if it is only a small amount. I have opened a Home Equity
Line of Credit. This is not unusual. What is unusual is I deposit my entire paycheck into the HELOC which
keeps the average daily balance low resulting in less interest paid out. Spending less than I make allows
the HELOC to approach a zero balance. When it gets close to sero the sum of your gross monthly salary plus five
thousand dollars is borrowed and paid directly to the principle of your primary mortgage. How is this different
from a biweekly system or an extra payment? If you have an urgent need for money, the car blows up or you owe
the IRS a balance, the HELOC is there to buffer the cost. The is known as an MMA or money merge account.
I used to keep 5,000 dollars in a savings or checking account for those rainy day emergencies. This is called
lazy money. Now it sits in the HELOC keeping the average daily balance down while it is waiting to be spent.
Want to cut yourself an interest free loan? My credit cards and HELOC are with the same company. Transfers for
payment occur the same day. I purchase EVERYTHING on the credit card which has a twenty five day grace period.
The money for payment lies in the HELOC keeping the average daily balance lower and saving me money until the due
date, then the credit card is paid off in full each month. Using this system I can look forward to paying thirty
thousand dollars a year on the principle of my primary mortgage without pain. That translates into being free and
clear in 5-7 years depending on how disciplined we are vs twenty seven years playing the old game. Interest savings will be seventy thousand dollars

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

EVERYBODY IS IN THE SYSTEM!!

The fact is way back when some smart **** presuaded people to swap their gold for peper. Our money is worthless. Then credit was leant off of the back of the fact that their were assets in the bank *gold* to back up any transctions if need be. But we kept using paper. Then they started charging interest on the paper money....which would work as long as everybody didnt ask for their gold back at once.

YOU DO THE MATH.

There is not enough assets to back up the fiat money people. The banks dont lose, the mint doesnt even print it, they are numbers on screen! The point being - you use cash you are in the system, like it or not.

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

Does anyone here understand what a contract is? One of the parties cannot change the rules. Otherwise, the contract is null and void.

This is what has been going on and proclaiming that one has to pay and perpetuate a detestable and fraudulent system, is working for the dark.

Humanity needs to rise and change the system, period. It is the only thing that will work.

All have a right to shelter, food and basic needs. The lenders have been taking the creditors for a ride into the unknown. If they can twist the rules, well...so can we.

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

I got out of over $20,000 of reckless credit debt by paying $2500 few years ago.

I did it myself, you just gotta know what to say

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

Chase Bank was taken on by the Attorney General of California. In federal court, Chase Bank lost and had to contact their clients and offer a very low interest rate in their credit cards.

Guess what Chase did? They wrote the letter, offered it to some people and defied Federal Court by oops!!! forgetting to write to all of their clients.

This is happening over and over. Taking the lenders to court becomes a lengthy process once again in which the bank makes billions of dollars. The courts will decide against the bank once more, but by that time, their money arks are bursting in dough.

Capitol One has a 'mistake' in their programming and this is also an oops! Their system makes a wrong addition and puts clients to pay interest in a now phony amount. People do not check on this and end up being literally robbed. When the bank is faced, they credit the original amount, but all interests made are kept on their coffers.

Who can make decent business deals with these thieves? No one.

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

Eliminate usuary!

Eric Whoru came up with decent solution.

Federalize the loan industry. Renegotiate the toxic loans to fixed rate loans.
Use the interest collected to fund new loans in a nonprofit system.

http://truthseekersnews.com/

But the fact remains, if you fail to repay the principle of your loan then you
are no better then the loan sharks you are railing against. Cut straight to the
chase. Eliminate the money exchange. You have a house or wide screen television - just hand it over. You have the goods and give nothing in return
it is theft or a very nice gift.

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

Zorgon.

Yes you would have £5,000 in savings across the banks.

But in paying £135 a month across those cards over a year you would still owe £4,000 approximately on the cards.

Net result = £1,000 profit approximately.

Except you have paid £1,670 out of your monthly salary to have this £5,000 savings and £4,000 debt. (£1,000 net profit)

Yeah, you'd have a great credit rating, but in reality you have LOST money not gained it.

Here is the simplest way to do it..... open no secured credit card accounts and save £135 a month. Then you have £1,670 plus a bit of interest at the end of the year.

If anything you draw has interest applied to it, and you do not pay the full balance off within the interest free period, you will LOSE money, no two ways about it. Then debt accumulates.

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

what did you do? how did you do it and what did you say??

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

Contact these folks. This company was founded by a woman whose daughter fell deep into debt back in the
eighties. Using their techniques we will shave twenty two
years off our thirty year mortgage and save seventy thousand dollars in interest that will not be paid.
http://payaccel.com/index.php

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

Thanks for all your info but the money you use is not real. Why are you here and what is your intent? People want good answers and solutions and not some dude telling them to suck it up. You, I am wondering are posting on wrong site for your thought pattern. You cant repay something that does not exsist. Please refrain from making people think the way you do. I want to hear people with an open mind, and not blind eyes. Peace to you my friend and may your journey be swift and smooth.


Also, in my books everyone is equal. Just becuase there are rich people dosn't mean anybody else should not be able to have anything they want.

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

Anyway people, the moral of the story is - don't take financial advice from Zorgon.:naughty:

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

The money may not be real but the exchange of labor and goods is real.

Open your mouth my idealistic friend and manifest a meal. Go ahead, I'm watching. If it fails then wander to the nearest house for sale and convince the owner to turn the house over to you. Eliminate the money. Eliminate the middle man. No bank. Just you and the owner. Trade him something for nothing. Surely your good looks will be enough. I'm watching...

There now, you have told me off. There is nothing more to say


You have an ignore button.

I suggest you use it.

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

Great. some valuable comments coming. I will quote and reply to these one by one as we are getting somewhere now.

Yes this is exactly what myself and other members do. We have studied the law hard and now know exactly how and where we have been swindled.

Bingo! Guess what. The debt instrument is your signature but they have used it to create a promise to pay. Under the law, once the debt is repaid you are supposed to get your instrument returned to you so they should be able to supply you with the promissary note, BUT THEY CANT! :) Your example was good. If you had lent me $100 and I had paid back this $100 to you, you should keep the interest and I should get my $100 back as my name was used to create it. Its technically mine.

Same as now. There is not enough money (the paper stuff) for people to even withdraw the money they own. The same problem can easily happen and this is a major reason the banks had big problems. all it took back then was for 10 % to ask for their gold. Now its less than 5%. A small amount of customers can take down any bank simply by moving their money elsewhere.



Very true. One of the things we teach and share is a bookfull of techniques used by credit negotiation companies. The ones that charge you a fortune and sometimes cant get even 50% deleted.


Go back to 1912 before the federal reserve act was passed. Many problems solved right there. If the government creates the money the government keeps the profits which results in lower taxes and even more growth, resulting in more taxes, its a great circle that creates abundance.

The people running that site seem to be offering a councilling service, creating budgets, getting your cash to work for you etc rather than using the law in our favour

Really its a good plan. The problem is paying the interest. Its a good plan for folk who really are in the deep end with their credit and are trying to repair it. There are some good variations on the technique. It wouldnt work well here in the UK because cash withdrawals from a credit card are between 20-30 percent for a good cards, way more for bad. However I havnt looked into the details of the secureed cards which are held against your deposit. If they let you withdraw cash at a rate lower than 15% is a decent deal to get your credit back on good feet.

However, the techniques that we know about can get disputed debt changed/removed etc. And also the technique you suggested for getting the agencies to check individual accounts for accuracy is a good one. Slow banks mean a deleted record for you. Just make sure you try and keep the good ones on file.

For UK folk - totally free reports online with great info on each payment too - http://www.annualcreditreport.co.uk/

More info about us again check out:-

www.freedomandwealth.co.uk (enter email for info to your inbox)
& main site www.libertywealthclub.com (audio links recommended)

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

Sorry Mike, but I can only agree that Zorgon's plan is good for restoring credit and nothing else. It certainly does not benefit you financially.

The way he put it across, unless I misunderstood it, was as a kind of secret way of making yourself money, and obviously that is impossible.

As for the opening of credit card accounts and making monthly payments on time to repair your credit rating, I thought that was fairly common knowledge?

And why create a £5,000 debt for yourself from nothing and a £135 monthly payment just to have another £15,000 credit available on top just waiting to **** you over?

As you can tell, I'm not a fan of debt, even if my mantra is pay back what you owe.

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

Well its a good way of looking creditworthy. Its very important if you either want a mortgage or have a mortgage but have gone and messed up your credit somehow. Especially if you are coming to the end of a fixed deal or simply spot a better deal with our rates moving down.

This method does require discipline and isnt for anyone who lost discipline and got in a mess in the 1st place.

Yes I agree its not a way to make money. I will read it again as im sure ive read something similar.

Remember this method is for people who simply cant get credit. That could mean no landline phone, no mobile phone etc Many companies will credit check you even if they dont have to create credit for you. If you pay a bit of cash anyone can credit check you if they like. hell quite a lot of employers do it.

Technically its the best way of getting some good credit records with lots of lenders and it will cost you about $700

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

So did you pay it? Did you make arrangement to pay eighty dollars a month taking food off the table to do it until it was paid. I have Miss Esther and I have been in your shoes. My daughter was hit by a car and we did.

Or did you cry poor mouth and skate like another poster in this thread bragging how he paid pennies on the dollar for foolish debt and offering to show others how to do it?

Don't try to play high and mighty with me till you have
paid for your neighbors medicine out of your own pocket. I work in health care and I've done that several times on occasion through the years for my patients and coworkers.

We made an interest free loan to a man who needed a leg up of two thousand dollars three years ago. He paid me a thousand dollars back when I threatened him with
the felony of grand theft. Three years later he still owes me 1000 and is full of excuses. Fifty five dollars a month
would have seen it paid by now. I'd have been happy with ten dollars a month because it shows good faith.

I don't have too much sympathy for the sense of entitlement that I see on a daily basis among the very rich and the very poor. I love and have great respect for the working stiff who comes to me who has no insurance and no respect at all for the medicare recipient that I bring gatoraide for who then complains that they wanted orange and not green. Or the man driving the jag flipping his medicare card at me

Don't talk to me about high and mighty until you have been so poor that you have to save for months to buy a pair of shoes at the good will. My wife has been. Have you ever counted potatoes to make sure you had enough to last the week? My wife has.

Buy a sixty thousand dollar home instead of a four hundred thousand dollar home just because you can.

If your government has gone rogue on you and I agree with you that it has, honey, it's your own fault. You get the government you deserve. I suggest that you scrape together the money, perhaps join with your neighbors to buy a copy of Naomi Wolfs book Give Me Liberty. Then get up off your duff and do something about it.

I'm impressed with action, not excuses. If someone has done you a favor, you are in debt. Don't pay it back, pay it forward. Do your part to make the world a better place. America's greatest generation is all but gone now.
They had ethics. They had morals, and they had honor.
Do you?

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

Although, this comment is NOT aimed directly at 371
take this for what it is worth:

there was $20,000.00 of energy taken
(reckless, or, otherwise, it does NOT much matter)
you used $20,000.00 worth

then there was $ 2,500.00 of energy paid back

the $17,500.00 is still floating / NOT yet paid back

one way/or another the universe will haul it out of your ass

NOW...another thing to ponder

whatever you have ever been, you always get to be

and,

whatever you have lost,
will always, & in all ways,
be returned to you, in some other way

energy is energy

a contract is a contract - it is an oath (to pay back)
(or, to get paid back) depends on what side of the equation you are on

there is NO getting out of any kind of energetic transfer !!!

some of us, do hit a point,
where we start to get, philantrophic karma,
and, there are a lot of people, who benefit,
from that type of energetic transfers,
when parents/or family, or friends,
who pass on & leave money in their wills,
to us

oft times, if you raise your energy,
the flow of dollars, will also increase,
however, i am glad, that anything,
i have ever borrowed,
i have always, been able to pay back.

when i look, at people, who borrowed from me,
and, never did pay me back, i do NOT need to wonder,
why they are still floundering and, struggling,
and, what is worse,
is they do NOT even realise why,

a few of them,
do NOT appear, to be doing that badly,
however, i look at them, and, they buy the wife,
a 2nd hand BMW, to look good, and,
yet, they do NOT have the $5,000 to pay me back -- sooner, or later,
some of them, might get wise,
and, realise, that, they could pay me $50/mo
instead of nothing
& a lot of things would change for them

however, what is the purpose,
to hound them for the money ?
they know they owe me

the universe, will take it from them,
one way or another
and, the universe, will give it back to me,
one way or another
it is really an intrique weaving process,
which is merely, the way in which, the score gets kept

personally, i do NOT think you escape anything

it is a time to be responsible -- live simple !!!

love
susan
the eXchanger

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

Susan youve missed the point entirely. If you missed some of the facts I wrote then this could be why youve maybe missed the point. If you want to look at it as transference of energy than I can handle that easily.

A true asset that the bank has the possibility to lose creates risk. The risk factor decides the interest rate. Now, if the bank has no risk of losing any asset then how do they decide on the rate? Its a fact that they create an asset which you lawfully own. You own the instrument that is held against the debt which you are supposed to get back once the debt is paid. This is most definately not like loaning a neighbour some cash, thats entirely different as the asset held is trust. Your neighbours doesnt pay he loses the trust he had with you.

The banks fraudulently create an asset in your name and use this to create the debt that you can use. You are using your own money. Its like the secured credit card zorgon talked about except instead of you paying the bank cash so you can use their credit facilities the bank creates the cash for you. Its your cash before you even start to borrow it.

I strongly suggest people watch http://video.google.ca/videoplay?doc...&q=big+swindle

It was uploaded by a club I was a member of before I joined Liberty Wealth Club. Fast forward to 14min and the key part is around the 15min mark

Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl
 

Hi everyone

I'd like to add my two-penneth worth into this discussion.

Some years ago I managed to get myself out of all personal debt by selling a house that had apprecaited in worth. The reason was three fold:

1) So I didn't waste time working just to pay interest on what I borrowed.
2) To ensure as few people/organisations had any hold over me (when you owe someone, they have power over you).
3) Because I DETEST the immoral banking system.

Let's get one thing straight here: the majority of money in our economy HAS BEEN CREATED FROM THIN AIR! Where did the billions come to bail out the banks? It was created from nothing! Nobody put anything of worth into the deal - the money was simply created from nothing. This money is backed by nothing of worth - it is "fiat" currency.

Now, I don't have any credit card debts so I can't test out the fact that the agreements are uneforceable. But for those of you that, like me, would like your view of how the financial world works blown apart, I suggest you read "Spiritual Economics: How I Clobbered Every Bureaucratic Cash-Confiscatory Agency Known To Man" by Mary Elizabeth: Croft. You can download it for free from various places on the net.

For those of you who argue that, if you borrow $ 10,000 and don't pay it back, someone loses out show a naive understanding of how our economy works. If I spend $ 10,000 on my credit card, who has actually loaned me the money? No-one! It's just credit that has been created by my signature. That's why the contract is unenforceable. If you ask the credit card company to show you the actual accounting to validate the debt, they can't! They do not sustain a loss if you do not repay because the credit was created from nothing!

Lastly, a question for Mike. I quite like the sound of the Liberty Wealth Club but I have fallen victim to some of these network marketing scams before. Does the club offer something of real value or does it just teach people a "system" whereby you get paid for recruiting people into the system?

In other words, does it provide worthwhile financial information to their members in return for a fee, with those members that recommend others to join being paid a small commission or residual on their subscription (nothing wrong with that in my book)...

or...

Do they simply show you how to make money by recruiting people into the system who, in order to make money, have to recruit others with no actual worthwhile service or product being offered (a con, in my book)?