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the docu-mental podcastFor citizens seeking deep mental roots, not lists of shallow instructions. Author: Whitney McKnight
For citizens seeking deep mental roots, not lists of shallow instructions. documental.substack.com Language: en Genres: News, Politics, Society & Culture Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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How debt keeps us chained to a corrupt system
Sunday, 8 October, 2023
episode 39Greetings,I’m really tired of being used by a corrupt system to keep it generating more corruption. And that is too much of how debt is used in this country. In this episode, my guest is Marie Megge, a Michigan-based debt counseling expert who is not easy to find because she doesn’t use your money to prop up her company through expensive ad campaigns. But once I did find her as sought help to come out from under insurmountable debt post-divorce, I wanted to offer a way for my audience to find her, too. Marie and I discuss a range of issues related to the debt industry, but the primary focus here is how you can use her knowledge to help yourself become unstuck from a corrupt system that is all too willing to let you suffer so they can profit. I do want to give you the heads up that not all of the aspects of the industry that I had wanted to cover made it into this podcast. So, I will do a follow up! In this episode, Marie and I discuss:* The moral injury the debt industry hinges upon* How to ensure you don’t get scammed by debt counseling firms who can be jsut as evil and predatory as the banks!* How much energy and hope can return to your life when you have help facing an industry designed to make you feel badly about yourself* How long it takes to restore your credit rating once you’ve entered into debt settlement negotiations* The process of debt negotiation itselfWhat I will circle back to is:* How and why banks assign our credit ratings using secret metrics that allow them to justify whatever interest they want to assign. * How interest rates often are irrelevant to the lenders’ calculus* How they remain profitable regardless of whether we ever pay off our credit cards. Thanks for listening. Please share this episode with as many people as possible. Peace,WhitneyAnd if you’re curious what News from the Ensouled Universe is… This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit documental.substack.com/subscribe
