Legally End Your Credit Card Debt and Restore Your Credit Rating

Aug. 24, 2011 - PRLog -- While Uncle Sam faces serious debt problems and a downgraded credit rating, he has in place laws for individuals to legally end their credit card debt and restore their credit rating. The FDCPA written back in 1966 and the Fair Credit Reporting Act was originally passed in 1970. Both have been long forgotten by the public and most legal firms.

Credit cards have been rammed down the throat of individuals and the government as a way to continue banking fraud. If you don't ever pay a penny on your card account the bank doesn't lose anything from their vault. They do however lose an amount equal to nine times your account amount from their books.

If the card company issues you a $10,000 card account they are allowed to add another $90,000 to their assets and all the money comes from thin air bypassing the governments rules for creating money. Anyone can easily see how the system works using the search term "the gig is up-money, the Federal Reserve and you" presented at the University Of Colorado School Of Law in 2008.

When you watch the "gig" you will elevate your knowledge far beyond that of the bought and paid for politicians that are running our nation with the notable exception of Congressman Ron Paul who has campaigned for years just to audit the Fed which will expose them and the fraud they have carried out for years on the public.

Credit cards are simply another fraudulent way for banks to make money without any risk whatsoever. Use the search term "the Chicago debacle" to see how cards came into being and why Congress almost outlawed cards altogether. But bank owned politicians got a compromise and the Fair Debt Collection Practices Act was created so that any individual could opt out of the plastic deception and never pay a penny.

In the same opt out manner the Fair Credit Reporting Act also has an escape plan for those who choose the rule of law and force reporting agencies to remove any derogatory they wish under section 609 of the FCRA. 609 states the reporting institution must have proof that what they're saying is true and as you may have already guessed they do not have any proof whatsoever.

If you don't want or have time to learn the technicalities of legally ending your credit card debt there is a company that will do it all turnkey and the cost is less than the interest on a $20,000 card for a year. You can do your research at http://www.shieldedcircle.com/phil and call or e-mail for more information.

Although you may have been sickened while watching the "gig" or reading the "debacle" you have learned that you can legally end your credit card debt and restore your credit rating using the laws of our land. While Uncle Sam has serious credit problems you can end the game any time you wish.

If you need affordable expert professional legal help to beat collectors, restore credit scores, answer your collection calls and legal notices plus $20,000 in new credit at less than 3% then visit   http://www.shieldedcircle.com/phil  or http://www.creditcarddebtprotection.com and talk to a certified consultant today!

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The Shielded Circle is the only program in existence that will allow individuals or businesses to become debt-free and 12 to 18 months. The modular system is attorney backed and monitored. Clients are protected from any legal threats by card companies.