Revolving: The TRAP card the media doesn't talk about скачать в хорошем качестве

Revolving: The TRAP card the media doesn't talk about

Carrefour, Ikea, MediaMarkt, Zara—all these companies (and many more) have been offering a TRAP product all over the world for years, one that should be illegal. We're talking about credit cards called revolving credit cards (called REVOLVENTES in Mexico) that, indeed, manage to TURN YOUR STORY because in many cases, you'll NEVER finish paying them off. But be careful, pay close attention, because you may not have realized it, but right now, as you're watching this video, something is happening that could put an end to revolving credit cards forever. Before I explain how banks manage to keep us captive for years, I need you to listen carefully. Can you hear that? Can you hear it? Of course you can't hear it. It's the sound of the silent revolution that has begun to unfold in recent months, and about which no major media outlet is going to tell you anything. Carrefour, Wizink, Santander, Caixa, and even BBVA, through an Inditex card that accumulated—be careful with this—more than €15,000 in illegal interest over 20 years. All these banks are seeing how, little by little, people have begun not only to file complaints, but also to win lawsuits. And we're not talking about a handful of cases, but rather a multitude of victims. Many people affected by revolving credit cards are seeing their claims ruled in favor of the courts, especially since the Spanish Supreme Court declared a Wizink Bank revolving credit card void for usury in March 2020, charging the customer 27% interest. Does Wizink sound familiar? Don't you find it curious that the first thing that comes to mind when we read or hear the word Wizink are all those sold-out concerts, yet we know very little about the countless usury convictions this Spanish digital bank has received in recent years? Have you ever stopped to think why, to get financing from these retailers, they offer us a plastic card? The main problem is that people don't know that this piece of plastic is actually a Trojan horse. What's really happening here is that you wanted to buy an 8K TV, and the banks are using these companies to sneak a poisoned candy, a line of credit, a loan with exorbitant interest rates into our wallets that, in the past, we would have had to go to the bank and beg for. And now they're giving us one without even asking for it. The moment you start shopping with this poisoned candy you never asked for, your debt will be recalculated monthly, and—be careful, this is the most important thing—a large portion of what you pay each month will go toward paying not the money you owe, but the interest on it. And the more time passes, the bigger the snowball will get. But wait, because I haven't told you the best part yet. There's a second development that has caused the number of revolving credit card lawsuits in Spain to skyrocket by early 2025. Look, this is the evolution of Google searches for the word "revolving." The first peak, in March 2020, was caused by the Supreme Court ruling allowing for a refund if there was usury, but if you look closely, this year saw a second boom: the Supreme Court once again sided with the banks with two rulings that set a new precedent. Please understand that, to put it briefly and briefly, once a high court makes a decision, this verdict is already useful for future lawsuits; this is called setting a precedent. Well, in addition to excessive interest, starting in 2025 we will also be able to request a refund if there was a lack of transparency when signing up for revolving credit. Does Klarna sound familiar? Klarna is a Swedish company that specializes in making our lives easier by breaking up payments and charging us a ton of extra interest along the way. It's one of the companies with which you can finance purchases at MediaMarket and a thousand other places. A buy-now-pay-later giant doing so well that it's preparing its IPO in the United States. It's doing so well that the most used food delivery app in the United States, Doordash, now lets you use Klarna to order a pizza or a burrito and pay for it later or through an installment plan. Why does Mercado Libre give me the option to finance a fan that costs 25 euros over two years? (Because it will end up costing you almost 50% more, of course). Why, if I go to PCComponentes, can I finance a 20-euro mouse in installments of 70 cents a month? Are we all going crazy?