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Charge UP your Credit Card

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Old 10-31-2008, 11:15 AM
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So are you actually following your own "advice" Bert?
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Old 10-31-2008, 11:18 AM
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Originally Posted by Bert05GPW,Oct 31 2008, 12:13 PM

I have a solution for that one too.

1) Charge up the CC.
2) Negotiate with the CC for 25 cents on the dollar.
3) No mark on your credit or you don't pay.
4) Use the money for the down payment.


Cha-ching!!!
If only it was THAT easy
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Old 10-31-2008, 11:19 AM
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Originally Posted by Bert05GPW,Oct 30 2008, 10:42 PM
You don't have to be part of this program to take advantage of FREE MONEY. The procedure is simple:

1) Charge up as much as you can.
2) Don't pay.
3) Negotiate a settlement with the CC company.
4) Demand that they report your account as "closed" not "settled".

FREE MONEY FREE MONEY FREE MONEY
=========================
Why don't you charge up YOUR card, take a picture of it.

Then negociate.

Take a picture again for us, with your credit score. (before and after) w/ myfico.com


If what you are saying works, I'll throw in an extra 100.00 on top of it.
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Old 10-31-2008, 11:19 AM
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Originally Posted by mrjulius,Oct 31 2008, 12:15 PM
So are you actually following your own "advice" Bert?
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Old 10-31-2008, 11:22 AM
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Originally Posted by mrjulius,Oct 31 2008, 11:15 AM
So are you actually following your own "advice" Bert?
No, of course not.


But lots of other people are doing this and shows like Carmen Wong Aldich on CNBC are advising people of this exact method. The point is it's wrong. So, why on the business channel are they helping people to do it?
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Old 10-31-2008, 11:26 AM
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Ugh, someone help me do this on my student loans!!!
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Old 10-31-2008, 11:27 AM
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Originally Posted by itlynstalyn,Oct 31 2008, 11:26 AM
Ugh, someone help me do this on my student loans!!!
Stop paying. Cha-ching!!! It's like money in the bank.
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Old 10-31-2008, 12:05 PM
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Originally Posted by Back-cracker,Oct 31 2008, 11:19 AM
Why don't you charge up YOUR card, take a picture of it.

Then negociate.

Take a picture again for us, with your credit score. (before and after) w/ myfico.com


If what you are saying works, I'll throw in an extra 100.00 on top of it.
Ooooofa!


I'm expressing moral outrage that people do this thing. Comprende?
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Old 10-31-2008, 02:09 PM
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[QUOTE=Bert05GPW,Oct 31 2008, 12:05 PM] Ooooofa!


I'm expressing moral outrage that people do this thing.
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Old 10-31-2008, 02:11 PM
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Originally Posted by Bert05GPW,Oct 31 2008, 11:27 AM
Stop paying. Cha-ching!!! It's like money in the bank.
Haha it's not that easy when your loans are owned by.....dun dun dun....SALLIE MAE!
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