Creditwrench and the 3 banks trick.

The 3 banks trick first came out about 1935 or so and was published in Popular Mechanics Magazine back then as being a viable way to get one's credit started or improved. CREDITWRENCH did not invent the method but did use it one time back in 1975 and it worked just fine.

It was also published in booklet form and sold through such fine merchants as Waldon Books, Barnes & Noble and many others and it might even be available through Amazon if one were to search carefully enough.

The trick is also well known to most bankers and is not frowned upon by most of them although they will not likely be willing to work with you for the smaller amounts that they once did for the simple reason that the amount of interest that they would earn would not be sufficient to offset their bookkeeping and maintenance costs.

When I did it back in 1975 there was no problem at all in finding 3 banks willing to accept a $300 deposit in a savings account and then immediately loan money back using the savings account as security for the loan. Today I doubt if they would be willing to cooperate unless the deposit amount offered were at least $500. If it were less than that their earnings would not be enough to make it worthwhile.

Most bank loan officers will recognize immediately what your purpose is and exactly what and how you intend to do it although they may not say anything.

Naturally, there will be some who will not go along with it. I'm quite sure that it is a bit more difficult to do now than it was even 35 years ago.

Regardless of how well respected a method might be there is always going to be some braying jackass trying to build up his badly battered and bruised ego by tearing down the works of others.

A new twist of the donkey's tail has just ocurred. Uncle Normie has apparently decided that he was about to take a wrong turn in bashing well respected authors of good financial advice so he suddenly changed to an attempt to discredit based on what
has been posted on artof credit. Just take a look at his latest braying.

CREDITWRENCH'S standing on the internet

Next we'll look at CREDITWRENCH lack of credibility within the internet community. There are too many examples to list in one post, but here is a preview of what is to come.

Art of credit has been denounced on so many forums that it isn't even funny. The way the pump up credibility is by having their members go out on other message boards they can find and post multitudes of messages proclaiming art of credit to be the greatest thing since sliced bread. Art of Credit is run by a person who has an intense hatred for me and so it is natural that Normie can find a few posts by people claiming all manner of false things about me.

Let him bring it on because I know of a few boards where he isn't liked all that well either and will be only too happy to post a few choice comments about Normie made by posters on other boards. We can start with this one.


And here is another one from one of his admirers. (LOL)

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OK, not reading all of that or any of it.

Just tell the truth. That E Normis wants to be Dr Tax but instead he's Dr Dickwad.

I found a really great portrait of his wife from the 70's holding their youngest, Mitchel:

Awww, he takes after his father.

And here is another one from one of his admirers. (LOL)

#1 Dr Tax wannabe who's half-baked plan has come to fruition.

#1 Load ass

#1 Frustrated cynic, who has to go after someone's parents to try and get to them.

Get out of the house and do something web log pussy.

All that is going to happen now is that he will come up with a few people such as jlynn, Dr. Tax aka Flyingifr, and other memebers of the jackass cult known as art of credit and I'll come up with even more testimonial from happy and well satisfied students who have had outstanding success using creditwrench methods.

His problem is that he is trying to fight a battle of wits and he is only half armed if that.