Refinance

Hooked on Financial debt, Retail Credit history Card Late Payments Increase, Bank Rescue Extended, Economic system on Lifetime Assist





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35 comments

  1. Why are people putting their money into savings account at big banks where you get such low interest rates? Everyone should move their savings to higher interest earning money market accounts or online savings accounts such as ally which give you approximately 2 percent.

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  2. This is not socialism because the benefit will not end up to the people’s pocket. In socialism benefits will be enjoyed by people. Our case here the benefits goes to the elite rich at the expense of the people paying more taxes.
    This is pure capitalism!!!

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  3. comment

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  4. There pumping the market through October to slow the downturn October is notorious for crash

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  5. Remedy : if all card holders withhold monthly paymrnts for just 2 months . . think about that. 😉

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  6. Like #999. No retail credit or car loan debt here.

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  7. US has corporatism, not free market capitalism

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  8. We are bringing freedom to Yemen!

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  9. But Iraq is free from tyranny!

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  10. The govt can use it's police power to make using gold and bitcoin illegal

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  11. Its being said that banks needed the extra money to pay their quarterly taxes. Who to believe?

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  12. I want the storm to come. This system is just so fucked.

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  13. House of Cards 2.0. People are tapped out people are smarter this time around.

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  14. This bank rescue operation is much much bigger than the 800 billion TARP programme of 2008 which really means that the unravelling has really started and this slow deterioration of market activities in the economy will start to accelerate !!

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  15. Give a man a gun and he can rob a Bank. Give a man a Bank and he can rob the world.

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  16. Let's party party party.. The boat is sinking anyway..Spend like the feds print..As long as you spending or swiping to purchase gold or silver.. I'm not a Financial advisor…lol🤑

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  17. Marx predicted that capitalists would take over government and use it their advantage. So all this state intervention IS capitalism. That is what capitalism outputs. Like it or not.

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  18. Been there with a Best Buy credit card. Took forever to get rid of the damn thing. Half was putting too much on it and then they hit you with that interest.

    Never again!

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  19. Many believe their debt will be suspended. They hear govt. talking about school debt, they hear the Anna's and the Karen's and the Carol's and others telling them NESARA and or other money will be coming. It's a racket.

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  20. The REPOS are payday loans for too big to bail banks. Needing them everyday is irresponsible. Disaster is inevitable

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  21. In Australia a lot of the GDP growth was from apartment construction in parts of Sydney. Now many of the apartments have been found to be seriously defective. Some have been evacuated. So the GDP numbers should be revised as these apartments are worth no where what they were supposed to be when build.

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  22. Fortunately all of the consumer debt is paid off, and the house is mortgaged at 80% LTV, 30 years fixed rate, no balloon.
    If interest rates move significantly lower, then I may consider a rate and terms refinance to reduce the monthly payment, with everything else staying the same.
    The monthly PITI payment is already a few hundred dollars lower than market rents.

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  23. Good evening, JJ. One reason the powers that be want zero interest rates for savers is that they are trying to funnel people and liquidity into the stock market because, they're not going to get any interest at the bank.

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  24. Central banks are insolvent at inception.

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  25. Credit cards are a form of slavery. So don't get mad get even and stop using them and use cash when ever you can.

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  26. enjoy (everything) gedddon!!!!!!!!!praise jesus!!!!

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  27. Happy I'm finally paying off my last card! All thanks to mansard security for their support throughout my debt relief program

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  28. screw people working in those jobs they dont hesitate to throw manufacturing jobs under the bus those financial parasites need to starve.

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  29. Thinks for this info at least I know that ppl like me that don't want to take on debt like the fools and idiots out here that want to spend an borrow 💵💵💰💰

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  30. One big problem with banking and lending and delinquency is banks not understanding the consumer's lack of understanding about what borrowing actually means. Saying it more simply, banks fail to follow their lending more closely, so the borrower ( the person using their credit cards like free money ) continue to buy more things on credit. While people generally know they are borrowing money, when they swipe their credit card, some really don't know what they are doing, when they do that! What they don't know, is they are not buying something, but only borrowing the money to pay for what they buy, thus in the long term, they are screwing themselves! What? Huh ?? What did I say ???

    Since some people don't know any better, my issue is with the banks…. The Banks SHOULD know better! There HAS to be a cut off for SOME people to prohibit some people from borrowing MORE money ! ( I guess I just lost many people reading my thoughts by saying banks should stop GIVING money to people )! Maybe some are angered by what I'm saying ? Let me explain my thoughts about this.

    When I was 18, I applied for a credit card. There was a limit on what I can borrow. But as I borrowed to buy things, and paid my monthly bill, the credit card bank increased my limit. So I bought more, and kept up with my credit card payments, like most people do. So their trust in me went up, and so did my limit on what I could borrow, and that was a good thing, right ! WRONG! I relied on borrowing more, and went into MORE personal debt.

    At that time, my situation was I was in in my early 20's, and I was on my own, living in an apt, and having about 15,000 in credit card debt, which I could no longer keep up with, and pay my rent, and such ( I was working overnight in a security job, and then as a Fire / EMS dispatcher, while going to College during the day, and I was in the US Army National Guard – btw, served 8 years; some which was overseas. honorable discharge; Rank Sgt.) I was tired…; a lot.

    I kept paying some of what my credit cards were asking of me, but I knew that was stupid, as I was only really paying mostly on the interest. So I went to a bank to consolidate my several credit cards into one payment. That bank agreed to take on that loan to me ( pay off that debt I owed, with the promise that I would pay off this new debt to them, which I did, over 4 years ). During that time, I sacrificed, A LOT ! But after that time, I've been debt FREE!

    I went through this sacrificing because mostly, MY NAME means something to me! If I borrow something and don't pay it back in any way, I know others will think I'm not someone that cannot be trusted or respected, OR relied upon. So I worked hard and paid off my financial debts, while not having some things.

    Today, I expect the same from others. Pay off your debt to others, because your name should mean something to you!

    Also, a bank should say NO to some people when the bank learns they want to continue borrowing more money when they seemingly can't pay off SOME of what they borrow, right ! A bank has the right to ask for payment of what the person already owes them, before they lend out MORE money to that person. What I don't understand is that Instead, credit card companies keep lending out more money, when they are just screwing themselves in the long term! – can someone explain THAT to me, or is ANYONE even reading this far !!! ???

    While at the same time, people file bankrupt, or find a company that will renegotiate with lenders to some settlement that is far less than what the person borrowed! So the credit card company will loose out, while the selfish consumer gets away with free stuff.

    To me, a limit in the amount one can borrow, means a LIMIT, ( just like the speed limit on the highway… just saying ), until you can prove to me that you can pay it back! I don't care if you are a Govt., or a person. if you can't pay back what you borrow from ME…, first, don't aske me for money. 2nd, if I LOAN you money, I expect you to pay it back. If you can't, for whatever reason, then don't ask me for MORE money.

    I'm not a bank with free money around me. I'm not rich. I will help out ANYONE, when if I can. Just don't treat me like I'm stupid. If you are having hard financial times, then I understand… to a point. if you can't pay me back financially, then pay me back with your labor.

    Bull Boom, sorry for posting like I did on your video. People need to take responsibility for their own situations, and THEIR involvement in this bigger problem.

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  31. The Repo market is when investment banks go to regular banks to get one day loan.

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  32. They just did the "stress" test and they all the banks that were tested and they supposedly past the stress test with flying colors. Things that make you go hmmm.(Bank Stress test definition: A bank stress test is an analysis to determine whether a bank has enough capital to withstand an economic or financial crisis, using a computer-simulated scenario.)

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  33. There are two ways to legally earn money. First, is man at work! Second, money at work! With money at work there are two systems to calculate monthly income. Capital depreciation and capital retention. It takes more money to receive the same monthly income using capital retention but the benefits are, passing equity to the next generations.

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  34. All the money which should be in savings is now in stocks. One single crash and it is all over friend.

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  35. Debt free but my home.
    🍿🍿🍿😎

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