2 U.S. Bills Aim to Emancipate Credit Card Debt Slaves

Former Slaves Celebrating the "Freedom Day"

Harriet Tubman, could have “saved more Slaves, if they only knew they were Slaves”

Abraham Lincoln is known as the Great Emancipator of African Americans from Slavery.

Ironically, today African Americans celebrate Juneteenth or Freedom Day, because hundreds of thousands, of African American Slaves didn’t know they had been emancipated (set free legally).

Can President Obama Emancipate Today’s Credit Slaves?

You may have heard that President Obama is meeting with Credit Card Company CEO’s today. I don’t know about you, but I’m a little nervous about this meeting.  During the 2008 Presidential Campaign, Mr.  Obamas‘  meeting, with Banks and Credit Card Companies was private.  No details of the meeting were disclosed.

After being elected President, of the United States, Mr. Obama got out of Washington for a while (back in March, 2009).  One of  the stops the President made  was Costa Mesa, California.  While in California, the White House Blog Reports,:

“He expressed support for the idea that the banks and companies bilking people on credit cards should be put in check by a credit card holders’ bill of rights.”

More Americans Becoming  Credit Card Debt  Slaves

There is mischievous sort of Legal Slavery in America.  The thing that stresses me is that many Americans have not realized that they may be  Slaves to Credit Card Debt –  Credit Card Debt Slaves 😦

A Credit Card Debt Slave  is anyone with over $10,000 in Credit Card Debt.  They are also known as “Credit Card Revolvers“.   Those who have defaulted on their Credit Cards are a long way from paying that debt off.  Are you a Credit Card Debt Slave?

If you are over ten thousand dollars in Credit Card Debt and carry large Outstanding Balances, I’m sorry to inform you, that you are a  Credit Card Revolver and you may stay a Debt Slave, if you don’t help yourself out by taking action.

Senate and Congress Bills Aim to Shatter The Shackles of Credit Slavery

The are two Billing pending in both the U.S. House and Senate.  Contact your Lawmaker and tell them to support the “Credit Card Act” and “Credit Card Holders Bill of Rights“.  You can also follow what President Barack Obama is doing and hold him accountable to keep his word of holding the Banks and Credit Card Companies “in check”.

President Obama can not force Congress or the Senate to act on these two pieces of Legislation.  Only you and Americans like you can build the movement needed to abolish Credit Slavery.

Just like Harriet Tubman could have saved more slaves, I’m hoping that you realize, that you may be a Credit Slave, and tell your Local, State and Federal Lawmakers to support the Credit Card Act and “The Credit Card Holders Bill of Rights” .

5 Steps to Meeting Credit Challenges (Step Two): Competence

This is Part Two in Debt Warriors,  Credit Boot-Camp Blog Series (for 2009): 5 Steps to Meeting (and Defeating) Credit Challenges).

The 5 Steps are  as follows: 1. Challenges, 2. Competence, 3. Control, 4. Courage, 5. Calculation.

Last time we focused on Step One: Challenges. This time let’s focus on Step Two: “Becoming  Competent with Credit  and Personal Finance ”

What is Personal Finance and Credit Competence?

“Competence is; Knowing what you need to know – when you need to know it”.

In this Economy, Competence in  matters of Personal Finance is more valuable than Platinum. With competence, you’ll be capable of  defeating the ugly twin of  Credit Competence – which is  “Credit Incompetence”.

With every slashed job, new Unemployment Claim, foreclosure, Bank Failure, and Credit Card Default, we are witnessing the results of  Incompetence in the Financial Sector.  Sadly, in matters of Personal Finance, Incompetence camouflages the Financial Failures , that are ahead waiting to attack,  on the Battlefield of Debt. Right now, in this Economy, Incompetence with Credit or Personal Finance is a Liability to your family.

Use 3 Mini-Steps  To Build Competence With Credit And Personal Finance

• Awareness

• Budgeting
  

• Commitment
  

Awareness: Becoming ‘Aware’ or having knowledge of the threats that await on your  Battlefield of Debt, will save you an amazing amount of worry and stress related to your Personal Finances.  For example good questions to ask yourself are;  what are the ‘terms’ of my ‘Credit Agreement’? Is there an ‘Early Termination’ Clause in my Cell Phone Agreement? Do  ‘Binding Mandatory Arbitration Clauses‘  (BMA’s),  hide in any of my Contracts? Knowing answers to these kinds of questions above,  is absolutely critical to obtaining Competence. in area’s of Credit and Personal Finance.

Why Do They Want You To Be Rich?

Budgeting: The cure to incompetence in matters of Personal Finance, requires Competence,  in area’s that impact your  budget.  A good example of  Personal Finance Incompetence,  is  a person  struggling to pay their  Cable Bill and buy food.  It’s simple , drop the cable.

Why? Because a competent person knows that with Personal Finance, if you pay for (or are paying),  for  anything, that does not bring you money, or give you the ability,  to make more  money, –  that item(s) should be  considered a Liability.

Many people have not been taught the difference between an ‘Asset’ and a ‘Liability’.

For example, in his book ‘Rich Dad’s Guide to Investing‘, Mr. Kyosaki taught me that a Mortgage is not an Asset unless it brings you passive income from rent. If you’re paying for a home and no money is replacing that money, then that property is a Liability – not an asset.  To gain Competence in matters of Personal Finance, knowing the difference between a  Liability and an Asset is invaluable.

Commitment: Before you gain the Competence needed to meet your  Credit Challenges, you’ll have to commit to becoming Credit and Personal Finance Competent.  There is no reason to put off committing yourself  to winning your war on debt.  Especially since Debt Warriors have produced the Ultimate Debt Management Video Courses.

The DEBT WARRIORS ARSENAL (Video Course +  Software)

Win Your War On Debt! Order Your Debt Warriors Arsenal

How Sub-Prime Credit Cards Create Debt By Default

OK, so you’re in Credit Card Default and you’re angry.

Every month you get the gift of debt stress. You don’t know what you’re going to do about your massive debt. As you can clearly see as illustrated in the Debt Analysis (pictured below) , if you have;

• $9,000 of Credit Card Debt
  

  Gas Credit Cards Drive People Into Default

• At 24%, you’ll pay a TOTAL of
• $48,199.

• You’re making a BIG (but minimum) monthly payment of $250.

I illustrate this because I understand your worry about your Credit Card Debt. I’ve helped hundreds of people get out of Credit Card Debt and one thing is certain, it is a serious matter.

You’re afraid to ask for advice for fear of being scammed. Too late, you’ve already been scammed by the  Credit Card Industry in alliance with  many retail stores and gas stations and yes – All of the Big 3 Auto Makers. You’ve got a “Secondary Sub-Prime  Credit Card“, and your options are very limited.

If you own any Retail Store Credit Cards, or Gas Station Credit Cards or  Big 3 Auto Cards, you’ve got an Interest Rate of anywhere from 20% to 29%.

You’re the victim of costly “Conditions” for loans that AUTOMATICALLY create credit card default. Conditions are only 1 of the 6 C’s of Credit.  That’s why we suggest that you subscribe to our blog for updates. We tell you what NOBODY else is sharing about how to defeat your debt and avoid future debt.   In the meantime, you’re in default, how do you get out?

Start by understanding how default works. Credit Card Default is a high Interest Rate Range. The following are common examples of how you may have ended up in default.

1. You miss a payment

2. You made a late payment or tow

3. You signed up with  a [Sub-Prime] Secondary Credit Card

Sub-Prime Credit Card Interest Rates start high and stay high.  Many Sub-Prime Credit Cards, state that the offered interest rate, for Store Credit, and Gas Cards  (if Variable) may go up, but it will never go down.  So how it it possible to negotiate your way out of that kind of automatic debt?

We Coach You on HOW to reverse a “NO”

If you’re in Default you’ve probably heard;

“…I’m sorry there’s no lower interest rate”….Or…”I’m sorry your account dosen’t qualify to speak to a Manager…”

DEBT WARRIORS show you how to effectively  negotiate YOUR OWN Sub-Prime Credit Cards, In our Debt Reduction Video Courses. There are a bunch of different debt management options out there. Some of them are OK. But NONE is better than the DEBT WARRIORS ARSENAL and CREDIT MEDIC – Video Courses.  If you can read this blog post you can watch how easy it is to get yourself out of debt.

DEBT WARRIORS™! also give you the ultimate Debt Reduction Weapon: Bonus Debt Consolidation Software.  In case you’re wondering, we Calculated today’s numbers (in the analysis image above) using this same easy to use Debt Reduction  Software. This Software  It will quickly calculate a budget for you to get out of debt Super-Fast – using your ONLY current budget – provided that your income is  more than $10,000 per year.

Get Bonus Debt Reduction Software! Call: 866-576-4996

The Debt Reduction Software, that comes with our Video Courses teaches you how to PROPERLY negotiate and settle your debt – even when your Creditors have told you:

There are Secret Debt Elimination Key-Words,  and Magic Numbers that DEBT WARRIORS teach you in our video courses. Other companies are using these same words, but THEY are  CHARGING a minimum of $1,500 to do.  Other companies are getting over on you after your Sub-Prime Gas Station Credit Cards have ran all over you financially. We teach you how to get out from under the financial accident that is massive Debt Due to Credit Card Default.

How do DEBT WARRIORS teach you how to get out of debt? We use our experience in a “Federally Accredited Bankruptcy Prevention Law Firm” to take you step-by-step, along the path of do it yourself debt settlement.

The DEBT WARRIORS HELP-LINE: 866-576-4996

Feel free to call me at 866-576-4996, to learn more about our Debt Settlement Video Courses. We have no time or interest or desire  scam you. Our MISSION is to help you WIN YOUR WAR ON DEBT.

We offer great products and quality access to legal services to help you defeat your Debt – as well as keep you from going to Court alone over it.