Learn how to get rid of Credit Card debt, and unsecured loans, without making unwelcome arrangements with your creditors, IVAs or going into bankruptcy.
How can this be done?
Have you ever wondered about the true nature of credit cards and loans? Are you familiar with the concept of credit set-off? This article aims to shed light on the often concealed truths behind the banking system and how credit set-off can empower individuals to break free from the cycle of debt.
The Deceptive Illusion of Borrowed Money
Most of us believe that when we use credit cards or take out loans, we are borrowing money from the bank or credit card provider. However, in reality, the system works differently. These financial institutions manipulate the perception of lending to make it appear as though they are providing their own money. The truth is that it is you, the borrower, who creates the credit through a process known as double-entry accountancy.
The Fiat Currency System and Debt Slavery
The entire banking system operates on the foundation of the fiat currency system. Fiat money has no intrinsic value and is declared legal tender by the government. By leveraging this system, financial institutions employ complex mechanisms to keep borrowers in a perpetual state of debt. This debt-based economy thrives on the interest payments made by borrowers, effectively creating a form of debt slavery that persists throughout the term.
Challenging the Norm
If you find yourself questioning the legitimacy of these credit agreements, you are not alone. However, challenging the legality or lawfulness may not be the most effective way to break free from debt. Instead, an alternative solution is available through the Credit Set-Off process.
The Power of Credit Set-Off
The Credit Set-Off process is a revolutionary approach that empowers borrowers to take control of their debt situation. By applying the concept of acceptance, borrowers can transform a credit card or loan redemption statement from an offer to a counteroffer. In this process, the debtor becomes the creditor, and vice versa.
How Credit Set-Off Works
Using your own Money Order, borrowers can settle their credit balance by matching it with an equal credit. This effectively pays off the outstanding debt in full settlement. What’s remarkable is that this credit is not obtained externally; instead, it comes from the borrower’s own credit. By utilizing their own credit to reduce unsecured credit liability, borrowers can liberate themselves from the clutches of debt while maintaining a healthy credit rating.
The Versatility of Credit Set-Off
The benefits of credit set-off extend beyond credit cards and apply to various forms of unsecured credit, including Unsecured Loans, Bounce Back Loans, and more. This versatility ensures that borrowers can apply this strategy to multiple aspects of their financial lives, granting them more freedom and control.
The prevailing banking system has long kept borrowers entangled in a web of debt, fostering a sense of financial slavery. However, the Credit Set-Off Perk offers a glimmer of hope, enabling individuals to regain control over their finances and liberate themselves from debt.
By understanding the true nature of credit and utilizing the power of credit set-off, you can break free from the deceptive clutches of debt, reduce your liabilities, and pave the way for a more financially secure future. As with any financial decision, it is essential to conduct thorough research and seek professional advice when applying credit set-off to your specific circumstances. Remember, taking charge of your financial destiny starts with knowledge and empowerment. If you’d like to learn more about this process and try it yourself, follow the link below;