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๐ค SpeakerAppearances Over Time
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And you can actually take credit cards from that way.
So now I can make one purchase on a credit card for, if the credit card was 10,000, I can make that purchase for 3,000.
I can make that purchase for 3,000 again and 2,500 and max that credit card out and get every dime off of that credit card, which is going to the actual purchase of that account.
Because don't forget, the credit card that I actually got, I actually made that credit card because the actual owner of the credit card don't even know it exists because I create that whole account on that.
I don't have to worry about a chargeback.
They're not going to know about this credit card usually from the moment that I get it.
Because usually the first thing that you got to do on credit cards anyway is you had to make smaller purchases first.
making sure building up your reputation with the actual bank to let them know that this is cool.
Right.
And then I will go in and make those bigger purchases with those bigger purchases.
Now that actual bank knows that saying, Hey, this person is cool.
I don't have to worry about none of this stuff coming back on me for 60 to 90 days.
And when you get a credit card, you can usually get about two or three of them at the same time.
Well, on the loans, I would.
On the credit cards, I wouldn't.
On the loans, I would always make about two or three payments on every loan.
And the way that I would do the loans on the payment was I would do this thing where they would call it automation โ what's it called?
Automation โ
taking your payment automatically.
The automated payment system, where if I got a loan for, say, $10,000, right, and say the payments was $250 a month, when I took that money out of that account, I would leave everything in there.