News Releases

After Target refused to lower my interest rate due to data contained in my Experian credit report, I decided to stop paying the Target Visa card.  I since learned that the banks actually create most money they lend through accounting entries.  I hope to inspire many millions of judgment-proof consumers to stop paying their unsecured debt.

Juniper (Barclays) CLOSED my account due to my Trans Union credit report.  My credit was FLAWLESS.  I made my minimum payments until Barclays DECLINED my 12/21/07 request to reopen my account and to lower the interest rate.  I hope to encourage many millions of exploited judgment proof consumers worldwide to stop paying their unsecured debt.

In May 2007, Washington Mutual more than doubled my interest rate to 26% despite my flawless credit.  On 11/15/07, WaMu DECLINED my request for a lower interest rate and disclosed that it utilized FICO and internal credit scores to determine that I am a high credit risk.  Greedy vile bankers don’t deserve to get paid and I stopped paying this account.  Chase recently announced that it will no longer utilize credit report data to rate existing accounts.  What will it take to get WaMu to stop this vile practice?