You Don't Owe Your Debt - Its All A Fraud!

You've been duped and you don't even realize it.  When you think you borrowed money, you are incorrect. When you think you have to pay back money for what you borrowed, you haven't learned the truth.

Most people grow up believing what they are told by parents, teachers, lenders, politicians (well maybe not so much them), our government. Few grow up challenging what they are being told. Few people stop and ask why or how. Few people stop and say, "Prove it!"  

I'm one of the few who has always questioned what I was told. I was always labeled as argumentative when I really was just looking for answers. Somewhere in my gut it seemed that things I was taught and things I was told was not the whole truth.  You may have had that same feeling at times in your life. But we are conditioned to just accept what we were told as the truth.  Its not our parents' fault. They didn't know any better because they were  raised the same way.  You just don't question authority and you should just respect your elders.  

Well, in my book, you should question what triggers a twinge of doubt in your gut and why respect your elders (lying government officials, lying banksters) when they are not telling you the truth and they have an agenda to keep you from knowing the truth.  Truth is power and they want to keep you from gaining any truth or power because they want it all for themselves.  Then they can control you and enslave you.

I've decided to post a video today. Please take the time to watch it. Its about money. Where it comes from, where debt comes from, and how its all a fraud that has been kept secret so you won't find out the truth.

There are 5 videos in this series. I encourage you to watch all of them when you have a chance.  They will help open your eyes to the scam that has been played on all of us.  I hope that it helps you understand that getting into debt is not your fault because that's how this system was set up - even if you maxed out credit cards, were allegedly irresponsible in your spending, and just got to a point where you had to walk away or give up trying to pay these bills for credit and loans. 

When the truth about this sinks in, you may get a bit angry, and rightly so.  I care about you and I want you to know the truth.  Please, if this video opened your eyes a bit, then share it. I would love it if you shared my blog with others. They too can watch the video right here but also, there's a lot of information that I give that may be what they need to help handle their own credit issues.

Thanks for reading, watching and sharing.  Enjoy!

If you have found this blog helpful to you, please consider donating as a sign of your appreciation for information I have freely given to you.  The "Donate" button is on the right side bar.  Thank you for your generosity.

Credit Bureaus Break The Law And Fight Your Credit Repair Efforts

I've been wanting to talk about this for a long time now.  I have been very successful in my efforts to help people clean up their credit reports for many, many years now.  I tell people that it used to be fairly easy.  I would examine the credit reports, find the errors, find the information that was negative, write letters to the collectors, creditors, and bureaus, and within a couple months, most of the items would be removed.  I could look at a credit report and tell the client, this will easily come off, this will take a few letters, this might give you some trouble, and this might not ever come off. I knew how to remove pretty much anything negative on credit reports, and any inquiries or personal information that the client wanted off.  You see, I know for a fact that no company has to leave any information on anyone's credit report for 7-10 years.  In fact, none of it has to ever be reported at all.  There's no law that requires any company furnish information about a consumer to any credit bureau.  But, that's not what they will tell you!  And its not so easy to get good results all the time anymore.

When I say "they", I mean the credit bureaus, creditors, collectors, the FTC, and plenty of website owners, bloggers, article and editorial writers, any of them that just regurgitate the lie that bad credit has to stay on your credit  report for years and years and only time will heal.  They love to say if it belongs to you, even if its negative, it has to stay on.  Now, I can give a pass to the writers that are just incompetent egomaniacs striving to justify their self acclaimed "expert" status.  They're lazy and haven't bothered to really research the laws on the subject, but the rest of them "in the business", they are flat out, just BIG FAT LIARS!  They know full well or should know full well, that these claims are a load of crap.

In recent years, the industry folks that we must communicate with, have made it so much more difficult to clean up the credit reports.  There is a push back against obeying the law by these lawbreakers. They don't seem to care that they have no proof, they've committed fraud, they've allowed errors or false information to make their way onto consumer credit reports and stay there.  They have found that they can make so much money even while breaking the law, its more profitable to keep breaking the law and hope that the consumer gives up.  In fact, they are so twisted in their games, that collectors and creditors are coming out of the woodwork and suing consumers a lot more often now and issuing 1099-C's without proving squat, that my mind is boggled.  They sue just because most people won't or don't know how to respond and they get default judgments.

Credit repair is not as simple anymore as just writing letters and stuff comes off the credit report.  Credit bureaus are in flagrant opposition of the law and they know it, but they seem to think that if they keep spewing lies, and bloggers and self proclaimed "experts" keep repeating it enough, the consumer is stupid enough to believe it and accept that their reports are just going to have to stay bad for 7-10 years.  Consumers aren't stupid!  Some may be lazy. Some may not have very good research skills or access to a computer to study and learn, or a library with relevant information, but my readers aren't stupid and they're consumers.  You aren't stupid because you kept looking for answers. You're on this blog learning the truth. You didn't just accept their lies. You knew in your gut that what you've been told is not the truth. You kept looking till you found someone who would confirm it to you.

I want to share a segment that 60 Minutes did on credit bureaus. After the video, I've got a link to Experian's response.  What a crock!  I'll make a few comments after the video about the video and about their response.

First I have a comment about some claims made in the video.  There is No Way I believe only 40% of consumers have errors on their reports. Maybe more like 94% would be closer to the truth. I find it funny that the FTC claims there is only 1 out of 5 consumers with "an" "error" on their report.  I think the operative words in his statement are "an" and "error".  He could have dropped the word "an" and said "errors" instead of "error" and then it would have been more than his claimed "1 out of 5".  This is complete spin.  He could have also used the phrase "obvious errors" and been more accurate, because without actual investigations, they cannot "accurately" determine how many errors there actually are.

Now, here is a rebuttal by Experian. (Read my comments before you click on the link so you can see what I'm talking about). http://www.experian.com/blogs/news/2013/02/11/60-minutes/

This is comical.  They falsely claim they are 100% in compliance with the FCRA. What a big load of BS! Even worse, I think every single person and company doing credit repair should join together and file a huge class action lawsuit for their slander.  They have the gall to insinuate that we are all scammers and commit fraud with their statement, "...the result of dispute requests from fraudulent credit repair companies who attempt to scam consumers into disputing accurate data..." which clearly shows how much they hate consumers who attempt to clean up their credit and anyone who attempts to help them or hold the bureaus accountable and compliant with the law.

You can also see by their statement, the itty bitty section I quoted, that they continue to spew the lie about negative information if accurate, needing to remain on the credit reports.  Well, I'm no dummy and I don't think any of you are either. They're not going to fool us by trying to phrase their false claims into a sentence that has the potential to sound factual. I'd rather research the law and rely on what that says, any day, over what any bureau rep or one of their lobbyists, tries to force me to believe.

So, though its harder now and takes longer, credit repair does work. We need to use laws against them. We must continue to hold their feet to the fire. They tell the truth that you can repair your credit yourself but that's about the extent of their honesty. Sometimes people don't want to handle that burden all by themselves.  Most of us who help others fix their credit do so with a good heart and a desire to help others.  If you would like help with your credit, I would love to help you. You will see that I do have a heart for helping others.  You can call me and talk to me or email me and I'll respond.  My contact info is up on the top right corner under my picture.  You can also leave a comment below if you like this post or I've helped you with your credit.  If you have questions, please email me as well as posting a comment.  That way, others with the same question will get the benefit of my answer but in your email, I can be a lot more specific for your needs.

If you have found this blog helpful to you, please consider donating as a sign of your appreciation for information I have freely given to you.  The "Donate" button is on the right side bar.  Thank you for your generosity.

Debt Collectors ALWAYS Commit Fraud!

I constantly proclaim that you should never, ever pay a 3rd party debt collector.  I sure hope many of you listen to me.  It doesn't mean that they will just go away. Sometimes, yes they will.  But there are times when you will have to fight.  If you don't fight, if you don't demand validation, you are not going to win.  We need to stop being afraid of these thieves and fraudsters.  Demand they provide the proof that they have the right to collect. Demand that they prove you owe any money. Demand that they prove they have a valid contract with you.  THEY DON'T!! 

I don't go into extremes on this blog about my opinions on original creditors because plenty of people would think I'm nuts or have gone off the deep end.  Well, here's the the facts for me.  You don't help people with their credit repair and help improve their credit reports for over 2 decades and become extremely successful without researching and studying and digging into areas that the financial industry would rather you not find out about, without turning up proof after proof after proof that validates the facts of their outrageous, criminal behavior.  

I have done the research.  I still do the research. I love researching, and I apply what I learn. Guess what?  When I apply it to validation and dispute letters, when I apply it to my clients' case defenses when they get sued, these lying, thieving, law violating, tax cheating, insurance law breakers and fraudsters hit the road! They have to.  They don't want to be exposed for the thugs that they are. They are in violation of many federal laws. Harassment, extortion, RICO Act, mail fraud, bank fraud, FTC violations, FDCPA violations, FCRA violations...the list goes on and on.

I don't usually post videos, because I like to write and share information from my heart and soul with you.  I do have a passion for this.  But, today, this video falls right in line with my passion for justice, truth, and consumer advocacy.  I'm not a loon, and the gentleman on the video is not a loon.  This video shows how original creditors sell your alleged "debt" and how they and the 3rd parties make money whether or not you "pay off" the alleged debt.  You will hear from an actual bank employee who is in charge of selling these "bonds" (yes, they illegally convert to securities which create the "bonds"), and he admits, flat out acknowledges the fraud, without calling it fraud, of course! If you have about 20 minutes to visit here, please relax and watch the video.  It will be an eye opener for many of you.  

Please Enjoy!