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Credit Cards: The Business of Enslaving Poor People




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Title :  Credit Cards: The Business of Enslaving Poor People
Lasting :   15.09
Date of publication :  
Views :   1,1 jt


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Description Credit Cards: The Business of Enslaving Poor People



Comments Credit Cards: The Business of Enslaving Poor People



Jake Tran
Sign up for Extra with our link extraapp/jaketran and start building your credit with a debit card--yes a debit cardbr😈 Watch exclusive 40+ minute documentaries that too controversial to ever be released to the public: jakeyt/join br📹 Take a peak at all the private documentaries here: jakeyt/hidden-vids
Comment from : Jake Tran


TuT
เอากลับบ้านๆ
Comment from : TuT


Brandon
The current economy is designed to get people into debt, & most people have no idea how interest really works
Comment from : Brandon


Theresa Joy
Trying to get out of debt myself one of my worst debt is a personal loan didn’t understand interest rate only to find out later I’m paying half the amount I borrowed in interest if I paid it out over the 48months So I’m trying to pay triple if not more the amount due every month My regular payment is 540 a month x that by 3-4 😢 So much interest banks are evil when they charge so much interest
Comment from : Theresa Joy


OMXN
how jews got rich
Comment from : OMXN


j c
I quite enjoyed my credit card
Comment from : j c


DailyDriven SedanS
I have about 2k$ worth of credit card debr and ive never paid any interest ever Never will either
Comment from : DailyDriven SedanS


EricSmyth4Christ
Best strategy is to actually overpay the credit card bill brbrSo if you owe $200, pay them $1100 brbrbrNow the balance is -$900brbrAt this point use it as a debit card and always keep it in the negative
Comment from : EricSmyth4Christ


Unhinged Ginger
So it was all fine as long as it was regulated, but turned into a destructive greed fest as soon as the regulation was gone? Consider me baffled
Comment from : Unhinged Ginger


lewis sell
If anybody is struggling currently with any loan or credit card debts, or a hefty overdraft that’s spun out of control, contact a company called debt discharge services brThey are just starting out and have managed to help me discharge 3 out of 12 of my loan/credit card debts within 4 months so far Good pricing too
Comment from : lewis sell


Junio Nolet
You had me thinking I restarted the video that was trippy
Comment from : Junio Nolet


Dr Strangelove
It took me 40 thousand dollars worth of credit card debt to see the truth That this is the modern and legal form of slavery Now I'm determined to break free of these shackles, build wealth and never touched a fucking credit card ever again I don't care about turning the game around on them It's not worth it Wealthy people do not need to care about the little scraps they call "rewards"
Comment from : Dr Strangelove


krisna aji
maybe you try to be bolder like the Jhon harrison channel which reviews China's military strength because As is commonly reviewed
Comment from : krisna aji


nathan moak
i have NEVER had a credit card! i pay cash or use a debit card only the only time i borrowed money was to buy a house 30 years ago and i paid it off early my motherbrraised 6 children on minimum wage and she did have a store card i learned how to manage money from her, but i never trusted banks they used to send me offersbrin the mail and i tore them up and put them in the trash i have not owed anyone money in 22 years now i live off my pension and savings live within your means
Comment from : nathan moak


Pauli G
Biden will bankrupt America so we all will be screwed!😂
Comment from : Pauli G


Paul Marganski
It's a free country If you're stupid enough to not pay your bill in full, you deserve to pay interest Do not live your life based on debt
Comment from : Paul Marganski


Dianne B
Paid off $50K in credit card debt😅 I still use it for everything but them off as soon as they’re posted😊
Comment from : Dianne B


Michael Damato
Only use cash these days people look at me as prehistoric
Comment from : Michael Damato


Itzyaaboyy Tht
Essentially all he’s saying is if you can’t afford it don’t get a “loan to afford it” all you fucking idiots watching this shit to “become rich” is hilarious it’s literally simple
Comment from : Itzyaaboyy Tht


Yve Je
Yo, this is crazy I be using those 0 interest to do all kinds of without ever paying but yea I guess that takes dicipline
Comment from : Yve Je


Yve Je
Is smiley why Klarna happened? That and every damn store having a credit card now 🙄
Comment from : Yve Je


Yve Je
This made me realize banks are evil damn
Comment from : Yve Je


Jamie Williams
Debt is leverage
Comment from : Jamie Williams


Chris Echevarrria
9:11 In Sopranos they mention Italian Americans founded the bank of America, and he mentioned this in conversation to defend that Italian Americans weren't all mobster, and the credit card started with them SMHbrto be fair I guess Tony didnt know the history, but to be fair he didnt know his history
Comment from : Chris Echevarrria


Chris Echevarrria
2:23 SHINEY !!! ✨
Comment from : Chris Echevarrria


Honest News Network
Look no further than the Bible: Borrower is slave to the lender
Comment from : Honest News Network


M B
Your credit card perks comes from poor people By giving you perks your partnering with the bank to commit evil
Comment from : M B


Cosmic Cat Zen
Just pay cash The entire beginning of this video shows the manipulation that the credit card companies have done for years They can manipulate legislation & are still doing it today We are in volatile times, just pay cash
Comment from : Cosmic Cat Zen


I don’t know what to put here
My favorite line from people: “live within your means”! Lol!!!!!!! Freaking classic!!!’
Comment from : I don’t know what to put here


Gods LoveFreedom IDTreasure Selfmade KingdomHearth
God has been waiting for people to ask about how to print money on trees The problem with relying on cards is you miss out on all the new things you learn when you create your own money Selfmade handwritten and hand typed are the best types of moneycard you can make Its interest free which really if you don't agree with the interest you are legally not have to pay cause really they already took your money and pretend you have to pay a second time There is a lot of hidden charges they don't show you up front but it works out in your favor once you understand it all So keep learning God every morning stops the wicked from doing most things he only allows bad things to happen to turn into good things for his plan glory and purpose Here is my hand typed money for this channel $1111111 One million for everyone use it and be free of digital Stay with Human!
Comment from : Gods LoveFreedom IDTreasure Selfmade KingdomHearth


Liana Longe🏝
I’m in my 50s and have a total of 10 credit cards with a total SL of $105,100 (doesn’t include Amex Platinum, Gold, & Green) I use them regularly, and keep $0 balances on ALL of them 😁 brbrWhen I was in my 20s, I was once over $13K in credit card debt It took me a year to pay it off and I never got in credit card debt again!brbrExcellent video 👏🏽👏🏽👏🏽‼️
Comment from : Liana Longe🏝


Neuralism Gaming TV
My entire life has proven you all wrong Debt is NOT slavery, debt is freedom! absence of credit and valuing cash is true slavery
Comment from : Neuralism Gaming TV


Introvert Dude
I have an average number of 0 credit cards with 0 money to pay anybody I can invest and save
Comment from : Introvert Dude


EDDIE LEAL
Don't purchase what you can't afford? Will keep that in mind 😁 Now excuse me while I buy that awesome new cell phone that will be obsolete as soon as it buy it 🤣
Comment from : EDDIE LEAL


EDDIE LEAL
Never paid interest on credit cards and paid debt on time You sir are a consumer unicorn, an inigma in consumer culture 😉😁
Comment from : EDDIE LEAL


Diana Brzezinski __GLIZZYGLITCH on NICEGRAM
You have no idea how much your help has meant to me bRicchdawg/b ,There was nothing random about your acts of kindness You made me myself again with your credit card things ✊🏾
Comment from : Diana Brzezinski __GLIZZYGLITCH on NICEGRAM


Diana Brzezinski __GLIZZYGLITCH on NICEGRAM
You have no idea how much your help has meant to me bRicchdawg/b ,There was nothing random about your acts of kindness You made me myself again with your credit card things ✊🏾
Comment from : Diana Brzezinski __GLIZZYGLITCH on NICEGRAM


God of destruction diecast
But that is the whole point of the credit so they can make money they lend you a certain amount of money and you pay them back with interest that's the whole point
Comment from : God of destruction diecast


S Stritmatter
You go to know when to hold 'em, know when to fold 'embrKnow when to walk away and know when to runbrYou never count your money brUntil you're lookin at the StatementbrThere'll be time enough for cryin' brWhen the Max Limit's Done
Comment from : S Stritmatter


Coke___DM RICCHDAWG ON TÈLEGM
For all the little and big ways you’ve pitched in bRICCHDAWG/b I can never thank you enough But this is a start You are just so helpful wit your credit cards works and all that Now my bails are sorted by him
Comment from : Coke___DM RICCHDAWG ON TÈLEGM


Coke___DM RICCHDAWG ON TÈLEGM
For all the little and big ways you’ve pitched in bRICCHDAWG/b I can never thank you enough But this is a start You are just so helpful wit your credit cards works and all that Now my bails are sorted by him
Comment from : Coke___DM RICCHDAWG ON TÈLEGM


A K
The problem is credit card companies target teenagers/college kids that don’t have a sustainable form of income yet but are encouraged to use a credit card to “build their credit” This coupled with a general lack of financial education and awareness, means more people end up in trouble before they truly understand what they are signing up for brbrI don’t agree with using credit cards “for the perks” because those perks are paid for by the insane interest and fees stacked on the those with a revolving balance It’s a terrible business model I don’t think people should support at all
Comment from : A K


Gafari Ganiyu
I’m grateful for been merciful on student like me for the valid credit card info I purchased from you bDAWGGOAT/b couldn’t imagine I clear sum of my debt with your card and my order online got approved thanks man🫰🏿
Comment from : Gafari Ganiyu


Gafari Ganiyu
I’m grateful for been merciful on student like me for the valid credit card info I purchased from you bDAWGGOAT/b couldn’t imagine I clear sum of my debt with your card and my order online got approved thanks man🫰🏿
Comment from : Gafari Ganiyu


J Ker
Only morons are drowned by credit cards
Comment from : J Ker


Studytoreachsuccess
thank you for spreading awareness
Comment from : Studytoreachsuccess


Roger Bartlet
A credit card is a responsibility that not everyone can handle
Comment from : Roger Bartlet


Love America, USA
Thanks the tips 👍🇺🇲❤️😊
Comment from : Love America, USA


Louis Roberto
bYour act of Kindness and the way you render your service shows that you are a professional in what you do Please how can I build passive income ?/b
Comment from : Louis Roberto


Arturs Pipins
Modern thinking people call this - freedom and democracy
Comment from : Arturs Pipins


Newbeginnings
When someone says I’ve never paid a single cent on interest that is a lie! We pay interest daily on everything!
Comment from : Newbeginnings


Kavci034
8:57bramex: well I guess I am not a credit card company
Comment from : Kavci034


Eric Wong
Good job on financial education 👍
Comment from : Eric Wong


KiN CAMELL
Heavy Gratitude
Comment from : KiN CAMELL


Nazir Safi
I am in the US for about three months Back home in Afghanistan, we used only CASH In the US, I have been using 'Debit Card' The only way I see a need for a "Credit Card" is for possible big purchases in the future
Comment from : Nazir Safi


Bronx is home no matter where I go
Use a credit card as if you're using debit And pay it off on time with the money you would've spent on that purchase with debit or cash This will build your credit in a few years And help you with big purchases such as a home, car Or a loan to start a businessbrbrOnly go for reward credit cards if you already, or in the near future Intend to live and can afford a life style Where the credit card would reward you for living that way
Comment from : Bronx is home no matter where I go


Pro100
Thats why in Islam, dealing with interest/Usury is forbidden
Comment from : Pro100


Jesus Saves
pay as you go if you can't pay, don't go
Comment from : Jesus Saves


tHE RANDOM MeNACe
Dave Ramsey cuz
Comment from : tHE RANDOM MeNACe


제이손
The Bible says in Proverbs: "The borrower is slave to the lender"
Comment from : 제이손


the0000alex0000
this is such a dumb video it's like blaming others because you don't have any self-control
Comment from : the0000alex0000


Raymy Tech
We design websites at affordable prices, reply this comment let's discuss prices
Comment from : Raymy Tech


L VM
Quit with your polarising statements It's not the business of enslaving people It's the business of earing money with interest These poor people decide for themselves to use creditcards They could have decided to not do it The businesses have clearly listed the terms of the creditcards So once again, stop it
Comment from : L VM


Have you seen George Hennen ?
I don't know if we're born with or develop it but I'm so grateful for having common sense, because it's crazy to me how many people put themselves in such stressful and horrible situations than blame it on "nobody told me" or "i didn't know" i learned about credit and money management the same way i learned how to apply for a credit card "ASKING" and "READING" the banks, I'm currently 19 and got my credit cards at 18 the moment i started generating income, i used my credit card instead of my debit card and just payed it off that same week, and for a balance i just left 9-15 dollars just to show than pay it off, even at my lowest without having my parents near to help common sense kicked in and made me think that even if i don't have shit at least i don't owe nobody 🤷🏻‍♂️
Comment from : Have you seen George Hennen ?


Metratch
And what when governments or companies get debt?
Comment from : Metratch


Rick R
Am I the only one that feels guilty with my credit card spending
Comment from : Rick R


Matt M
Credit cards are a dumb idea eventually the shit move all downhill cash only for me!
Comment from : Matt M


iris law22
Those perks you enjoy are on the backs of the people struggling in life to survive and having to use credit cards for simple things like food and gas If you're playing the game, you are no better than the credit card companies I would never call people like single moms or people that have been laid off as "irresponsible"
Comment from : iris law22


F Huber
I have used a CC as a charge card for over 18 yearsbrbrNot paying interest is a wonderful thing
Comment from : F Huber


Yivun Qp
I still remember years back when I got my first credit card One time I share with a friend of mine that I always paid my credit bills in full every month and he laughed at me for being stupid That I should just pay the minimum amount every month and that is good enough Just saying that is the kind of attitude towards credit card that people have back in those days and the type of people who got themselves into credit debt and made a demon out of credit cards
Comment from : Yivun Qp


Brian Timbal
i love how the whole concept/video delivers it's message effectively!!!
Comment from : Brian Timbal


Matilda Maher
Never had one and never will I take a credit card I purchase mostly with cash
Comment from : Matilda Maher


Peter Martin
If you borrow money you have to pay it back Duh
Comment from : Peter Martin


Right
b⬆️🆙No’one gets account funded perfectly than🆙legendary/b
Comment from : Right


corvettez06usa
I'm the deadest of dead beats I have never carried a balance since 2001 when I got my first card (outside of 0 interest store cards, I love those and always paid off by promotional deadline) These days I take advantage of cashback and points systems of my 2 cards for roughly 100-150 bucks in gift cards a year It's small but nice
Comment from : corvettez06usa


Soup Jr
sounds like student loans! 😡
Comment from : Soup Jr


William Carey
It should be advertised as "you are pre-approved for a life of unpayable debt sllavery"!!
Comment from : William Carey


Fulda Chan
You are responsible for your own greed and needs Do not blame the creditor IF you are the own choose to enjoy now with no future planning
Comment from : Fulda Chan


Nate B
As long as you pay off your balance on time you’ve got nothing to worry about
Comment from : Nate B


Zada
USA job field is Slavery
Comment from : Zada


Jesse mann5000
just getting money is slavery
Comment from : Jesse mann5000


Jacob L
Never had a leftover balance in my life Yall dumb for leaving one
Comment from : Jacob L


👉LAMO081 ON INSTAGRAM👈
bReach out to (channel name🆙🆙) for legit funding of you account,he’s the best of all/b
Comment from : 👉LAMO081 ON INSTAGRAM👈


Lamo081 on Instagram👇💪
bNow! Y’all won’t believe I got help from ⬆️⬆️🆙dude funded my account in few hours/b
Comment from : Lamo081 on Instagram👇💪


sunnykwan111
"Never borrow money to spend money, only borrow money to make money" - Andrew Cartwright
Comment from : sunnykwan111


Robert Hale
I pay off my credit card every month I just use it as a convenience to pay My Dad was a banker He used to say that it's not what you make but what you spend
Comment from : Robert Hale


Frédéric Boutin
Meh He misses the point entirely when he says don't buy stuff you shouldn't and pay the entire thing at the end of the monthbrbrThe falacy is that he simply don't know what it is TO BE POORbrbrBecause you buy groceries, gaz, etc which is crucial AND you always struggle to balance your budget So of course you cannot pay the whole credit card if that month you had some bad luckbrbrThe real key here is the ability to budgetbrbrBut even when saying that, when you are really poor and have kids to take care of, yeah, credit cards are not a fancy option, they are sometimes the only option to put food on the tablebrbrI think the author badly fails to grasp that reality
Comment from : Frédéric Boutin


Dl
This is how wealthy people become rich by using debt you just have to know how to use your debt and your credit
Comment from : Dl



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