Get-Financed.org Blog
- UntitledIS THIS A GOOD TIME FOR ME TO BUY A HOME ? One of my readers in Georgia, Valerie, asked me this exact question. She was concerned with the state of the Real Estate market including what has happened to property values over the last several years. Additionally, she is 35 years old and [...] […]
- Credit Repair – A Legal PrespectiveLEGAL PERSPECTIVE Unfortunately today we live in a society that determines what things should cost us (house, car, etc) by our credit file. If your credit report is good, chances are you will partake in many of the better things in life. The complete opposite is true if your credit report is bad. Very few creditors will [...] […]
- What is Renting to Own a Home?A “rent to own” or lease to purchase” option is an arrangement in which a buyer and a seller agree to sell a home a certain price within a certain amount of time. It can be a good or a bad thing. Savvy investors did this when real estate prices were ascending in order to capture future [...] […]
- Can I get negative items deleted from my credit report? – YES!!!What is credit repair all about? A straight forward explanation with nothing to sell, just the facts. If you ever heard about credit repair and wondered what that was all about or how could it even be possible to have negative, accurate information [...] […]
- Are you an indentured servant to the bank?Do you remember learning about indentured servants back in school? Back in the 17th century you could get a ride to America in exchange for 7 years labor. This meant that because you didn’t have the money now you traded 7 years of your life for one boat ride. What a horrible deal. But how is [...] […]
- Your getting screwed by your credit score.1. Did you know that the credit report YOU see as a consumer is different than the ones your potential creditors might see? You see, your credit report is assembled “on the fly” its not stored information on some database at the credit bureau. When your credit is pulled a computer program searches a network [...] […]
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Do you remember learning about indentured servants back in school? Back in the 17th century you could get a ride to America in exchange for 7 years labor. This meant that because you didn’t have the money now you traded 7 years of your life for one boat ride. What a horrible deal.
But how is our relationship with the bank different today for those of us with bad credit? 15+% for a car loan, 25+% for credit cards, 7-9% for a house if we can get one at all. And we all know if we rent we are paying 100% interest, a total waste. We are slaving away to pay back a bank at ridiculously high interest rates for the same cars, homes and stuff that cost others 50-75% less. This is why you feel like you can never get ahead! YOU NEVER GET AHEAD PAYING THESE HIGH RATES.
Who do you work for? Your kids, your spouse or a bank? How many hours do you put in just to pay back interest? If this makes you sick to your stomach like it does me make sure you watch the free webinar we put on to show you how to stop being the banks’ indentured servant. If they want so much of your paycheck they should be clocking in at your place of employment and doing your job.
2 Comments for Are you an indentured servant to the bank?
Антон Павлович | March 24, 2010 at 1:20 pm
Kylie Batt | April 21, 2010 at 6:27 pm
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