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We watched a program which exposed credit scams online. You would be surprised by how desperate people are to get loans and how easily they can be sucked in by companies which look perfectly legit.

This show applied for loans with 9 credit companies and followed through with one. Within 24 hrs of the show 7 of the sites were pulled by their owner. All the documentaion posted out by all the companies was exactly the same with just the gender not even the names changed and had the same signatures.

So if it sounds too good to be true it probably is

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  1. timethief
    I'm not surprised about the desperation. Most people simply do not understand that money is evidence of debt. In other words, if there were no debt there would be no need for currency. Paul Grignon's 47-minute animated presentation of "Money as Debt" tells in very simple and effective graphic terms what money is and how it is being created. video.google.ca/videoplay?docid=-9050474362583451279

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