All posts by beta-admin

No Thumbnail

And the Phony Outrage Is…

The National Cap on Interest Rates Is a Whooping 36% False – there is NO national cap! As far as the federal government is concerned, lenders can charge any interest rate they like.  And lenders don’t hesitate to drive rates through the roof:  APRs charged

No Thumbnail

And the Phony Outrage Is…

The FTC receives more complaints about the debt collection industry than any other (500,000 complaints in 5 years) but has only acted on 10% of them. The FTC has only acted on EIGHT of the complaints it’s received about debt collection. That’s .0016%!  This is

No Thumbnail

Sorry, that's incorrect!

Guess again, or see the real answer here. You can’t sue your credit card company in court. You have to use a private “arbitrator” to settle any disputes.  But – surprise – arbitrators side with credit card companies over 90% of the time.  Read more

No Thumbnail

Sorry, that’s incorrect!

Guess again, or see the real answer here. You can’t sue your credit card company in court. You have to use a private “arbitrator” to settle any disputes.  But – surprise – arbitrators side with credit card companies over 90% of the time.  Read more

No Thumbnail

Sorry, that's incorrect!

Guess again, or see the real answer here. Bankers do remove $7 from the economy for every $1 they create. What we always suspected is now empirically proven:  big bankers are a net drain on society.  Bankers don’t have to pay for the economic messes

No Thumbnail

Sorry, that’s incorrect!

Guess again, or see the real answer here. Bankers do remove $7 from the economy for every $1 they create. What we always suspected is now empirically proven:  big bankers are a net drain on society.  Bankers don’t have to pay for the economic messes