Banks, Collectors, and CRAs Discuss the elimationa of secured and unsecured "debt", as well as tactics for dealing with debt collectors and credit reporting agencies.


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Old 09-08-2004, 03:16 PM
onemaster
 
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National Credit Systems (NCS) without Smoke & Mirrors

http://nationalcredit.com/details.html



In their own FAQ, they admit that if we as consumers "understand the system", then even pursuing court and a subsequent judgment will usually not produce anything of benefit to anyone. Read down the page toward the middle: "ACA member agencies report that less than four (4) percent of the money collected is as a result of legal action"



Talk about pulling back the curtain on the Wizard of Oz. Thought you all might appreciate this. The emperor has no skin. Unless we give him ours!
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Old 09-08-2004, 08:43 PM
wirlwind wirlwind is offline
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National Credit Systems (NCS) without Smoke & Mirrors

Loved it. Even referred to themselves as "third party debt collectors" And we know what kingd of authority that they have.
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