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Monday, October 6, 2008

Beat the Credit Card Companies

How do you beat the credit card companies and the banks that control them?

Get out of debt - or at least manage your high interest rate debt.

A friend of mine said he believes there should be an interest rate limit on what the companies can charge. Congress, however, has never enacted such laws.

Meanwhile, for background on how credit card companies operate and more links,
log on to this article that I wrote about credit card companies and why they want you to stay in debt.

Your high interest rate debt equals their profits.

You can learn more about getting out of debt and the history of the banking system by logging on to
Federal Debt Relief Systems and watching their many videos posted on the subject.

High interest rates that are not paid down are a threat to building wealth and developing a positive cash flow for your personal finances -- or even your business.

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