Empower Yourself - Make Your Legal Debts Disappear

Banks don't want you to know this ... Debt collectors don't want you to learn about it ... Debt relief agencies would go out of business if you knew it! To get started, let me ask you this. How well do you know your United States Law? Did you know this?

It is illegal for your bank to lend you it's credit? - Yes. In some cases, it is. Here's proof:

"A national bank has no power to lend it's credit." Famers v. Bluefield 11 F2d 83, 271 US 669. "Banking corporations cannot lend credit." FNB Amarillo v. Slaton School Dist. Tex Civ App 1933, 58 SW 2d 870. "A national bank has no authority to lend its credit." Johnston v. Chalottesville N Bank C. C. Va. 1879 FED CAS. 7425 "A national bank...cannot lend its credit to another by becoming surety, endorser, or guarantor for him, such an act is ultra vires..." Merchants' Bank v. Baird, 160 F 642.

Therefore, any 'loan' which is an 'unsecured loan'... can be construed as being illegal. As well as every credit card ever issued!

Let me clarify this, before I get into trouble.

A bank can and does legally lend it's "money" as defined as HJR 192 (The federal reserve act of 1913). However, each bank must have a charter. And NO bank charter gives ANY bank the right to lend it's credit.

Here are just a few examples of what the Courts have set as precedent:

"In the federal courts, it is well settled that a national bank has not power to lend its credit to another by becoming surety, endorser, or guarantor for him". Farmers and Miners Bank v. Bluefield Nat'l Bank 11F 2d 83, 271 U.S. 669

"The exercise of powers not expressly granted to national banks is prohibited". First Nat. Bank v. Nat. Exchange Bank, 92 U.S. 122, 128; California Bank v. Kennedy, 167 U.S. 362, 367; Concord Bank v. Hawkins, 174 U.S. 364.

"checks, drafts, money orders, and bank notes are not lawful money of the United States". State v. Neilon, 73, Pac. 3211, 43 Ore. 168

Caveat Emptor... "let the buyer beware".

Know your rights.

It's your responsibility. Do your homework and you will never be able to be bamboozled.