Re-pay non-existent something is a strange concept. And it’s one that challenges conventional understanding of loans, debt, and money. When you take out a loan under today’s global banking system, it feels very paradoxical. How can you re-pay something that… Continue Reading →
Bank mortgage lacks disclosure around what the customer is borrowing. When you apply for a “loan”, does the bank officer explain how the banking system works? So that you fully understand, particularly with loans and mortgages, what you are “borrowing”?… Continue Reading →
Banks lending what to whom is a question asked by many people being threatened by foreclosure. In the traditional sense, when you ask a bank for a loan, you’re wanting to borrow money to make a purchase, like a home… Continue Reading →
Truths about bank loans and mortgages may seem a little far-fetched to most people. By the way, none of this is financial or legal advice. Do your own research before making any decisions. However, beneath the surface, truths about bank… Continue Reading →
A promissory note is one way to steal customers’ credit. How? When a customer applies for a mortgage, the bank pretends the customer’s signed paperwork isn’t really money. A promissory note is essentially a piece of paper stating: “I promise… Continue Reading →
How can you repay “money” if no “money” was “loaned” at the outset? If money is “created” to lend to buy a house, and the bank has not suffered a loss, how can they demand repayment with interest? The notion… Continue Reading →
Mortgage money – where do banks find the money to lend to you when you enter into a mortgage contract? Do you actually “borrow” money from the bank’s depositors, or does the bank magically “create” money? When you take out… Continue Reading →
When you start digging, you’ll discover that all financial institutions in the business of lending money have engaged in a deliberate scheme to defraud the “borrowers”
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