FREE MONEY-I'm serious.

i have been reading recently about eastern montana during the 1930s

as in kansas many went bust as everything got dry and dusty

many just walked away from bank loans and overdue taxes

so this form of free money has deep historical roots

[unlike the busted sod]

 

So if I buy and build a house, pay for it with a credit card and with drawl all my money from that account who is getting paid? All those construction workers basically just got dicked over, or a contractor. It seems like a good way to stabb at the credit card companies but it also sounds like a good way to really get stabbed.

 

Even better, pay a few credit cards off, get a regular pattern going of playing their game. Buy some cheap, necessary stuff and make all the payments you can.
Try to see how many credit cards you can sign up for.
There is actually a GUINNESS record for this!

Eventually they will give you some 'high limit' credit cards.
THEN hit them up for the big one!

Make it last though, it'll be about 5 to 10 years before they'll let you back on the playing field!

 

so I could just sign up for a credit card
buy some shit
and then just never give a fuck?

I already abandoned 2 apartments . .

 

yes, we all do.
It's called INCOME TAX!

Nothing more than paying off national debt.
There are videos online about it all.
Try quicksilver . com and look for MONEY movies.

The solution?
More debt!
That's where the credit card offers in the mail come from.

Don't pay income taxes either!

A little harder game to play yes, but eventually the whole B.S. system of debt will come crashing down hopefully, into a system that is better for all of us.

 

The ONLY people that pay for it are the credit card companies.And credit card companies have become among the most criminal of companies so you do not have to feel guilty or sorry for them,they still make a fortune.Who cares about a black mark on your credit anyhow if you have 100 grand or more.Most people under age 60 have bad credit as it is.And again there is NOTHING the credit card companies or debt collectors etc. can do.

 

Be aware if you open accounts with no intention of ever paying that is a criminal act and you can be arrested and jailed for credit card fraud, just as embezzlement is a crime.

 

How can they tell you never had any "intention" of paying?Remember the cards under your name,nothing fraudulent about that.A good idea is to use the cards for a few small purhases in the beginning,pay them on time,then you can withdraw all the money and keep it.The law is on YOUR side.

 

If you plan on taking part in this sort of scheme, be aware that your participation in conversations of this sort on websites and forums can be traced back to you unless you are really savy and are using a proxy and other means of covering your identity. And with the economy in the shape it is right now, don't think they aren't going to close down the loop holes. Since the passage of the Patriot Act your activities can be traced and motivation to defraud can be easier to prove than you think.

Something else to consider is that you maybe locking yourself out of certain careers and employment. Many employers now require credit checks before hiring, and poor credit equals disqualification for consideration.

 

TJamWeedMan -

Thanks. I will.

This is why I have mixed feelings on this:

The gods of greed: http://www.guardian.co.uk/business/2008/jun/02/globaleconomy.globalrecession

 

does this only apply to cc or most personal loans, etc...? I have about 40,000$ in federal student loans to pay back and will take out prob. 30,000$ in personal loans before I'm done. I have told myself I'd never let being in debt get me down even if it means I have to run in the end; ultimately, the joke is on the lenders.

 

I feel the same way about my student loans, I have yet to see the financial value in my Psychology degree and don't feel like paying back my loans until I get some damn results! Werd on the CC's though, fuck those swine...take as much as you can and burn em! Closest we can get to a real life version of the final scene in Fight Club!

 

OMG... Do you realize this is not correct. People are sued everyday!! What you are talking about doing is nothing less than FRAUD and you will spend prison time for trying to STEAL from anyone!! Two wrongs do not make a right. This is so wrong and you know it. Not to mention a fat fucking lie. You can be arrested for intentional running up credit with intention to not pay the debt!!. Come on people think. Does this seem plausible really to you. In fact credit card debt can be garnished from wages in some states.
GEEZ

 

There Is No Such Thing As Free Money. I any of you try this you will be sued by the credit card company's and the credit card company's never lose.

 

oh yeah and these instances where individuals did not pay and they have not heard from the credit card company's in a few years. Don't think they forgot about the money you owe, the unpaid balance has been accumulating interest all these years. Unless you declared bankruptcy, your debt still exists.

 

"Burnt" TOTALLY FALSE.Once again,there is not 'thing one,NOTHING the CC companies can or will do,other than put a mark on one's credit.

 

I'll tell you what you give me some links on the laws that state what you are saying is true. Not conspiracy sites or crap like that sites with state and federal laws.

 

I don’t know the laws know but you used to be able to get “free money” from credit cards.

A lot of stuff has changed in bankrupt laws but for a while people figured out the laws and families would get their kids credit at 18 and rack it up as high as they could invest it in things that could not get seized in bankruptcy process.
Then they would file bankruptcy go though the process and by the time the kids were 24 they would have $100,000 worth of free stuff from credit cards and the bankrupt process would give them a clear slate on the credit history.

You have to be careful of them though if you don’t know how to play the game they will screw you hard..

They love it when people go out and rack up bill and don’t pay..
You rack up $1000. and then you fall behind they charge you 25% interest and they turn you over to collections they sue you garnish your wages and you are stuck owing them 2300. for the 1000. that you barrowed. That is 230% interest in a few years that is how they make their money.
Credit card can sue you and garnish your wages for money you owe.


Fuck credit card companies.. They make money off the poor and people in trouble.

 

they cannot garnish wages if you have none

they cannot do a thing if you have nothing

take their money and live free

btw, student loans are different in that the feds never forget

the cc companies will, after time [varies from state to state]

 

This might help
http://www.federalreserve.gov/pubs/consumerhdbk/