Dear George, I miss hearing you on the radio program!

I am xxx and we corresponded with one another about my bankruptcy and credit way back in 2020. The advice you gave me was incredibly helpful and, because of you and your book, I was able to become more “literate and intelligent” about my situation.

I am very happy to tell you that, through a young financial advisor in xxxbank, I was given tools to apply to my situation by opening up a xxx account and taking advantage of their line of credit utilization, and finally becoming a member of Borrowell to confirm my monthly rental payments, that my credit rating began to flower and, even xxx at xxxbank could not believe how fast it came up by doing the things I have just mentioned.

On May 15th of this year, the bankruptcy on my credit report came off and with the help of xxx from xxxbank, I was able to get a xxxVisa with a $6,000 credit limit and xxx also fixed me up with a Credit Line for emergencies or extenuating circumstances.  He told me to keep that one in my “safe box” in my home, which I did.

He also advised me to immediately stop Capital One because of their outrageous fees and “annual membership charge” which I was so very happy to do at the beginning of July, after I paid my small Borrowell monthly fee, which now I do not need.  He also recommended that I make sure and pay my balance off every month, which I am.

The relief, satisfaction and sense of accomplishment I have felt is beyond expressing. I tell you all this George, because you were a primary motivator for me and I only knew about you from your radio segment and I also got your book which is filled with excellent advice for people like me. I am in deepest gratitude to you for your willingness to write to me that very long letter on October 19, 2020. Blessings be upon you, xxx

Hello xxx – how wonderful you emailed me. Super happy for you xxx! You deserve it!

Now just promise me one thing to always remember: Bank employees are not your friends – they are ALL on bonuses and commissions. xxx may be the best guy on the planet but you made him a TON of income when he sold you (yes, he did) a credit card AND a line of credit that you shouldn’t have gotten, that he B.S.’d you into the standard “for emergencies” and that, when used, will help you with a next new going broke project. Once your credit score is over 700, if it were me (and it’s not) I’d close it and get a simple savings account and put a few bucks in a month until you have three months of your expenses. THAT is “for emergencies.” Borrowed money ADDS interest and is the worst strategy for “emergencies.” But that’s how it’s sold to everybody that now owes an average of $21,000 on them (Canadian Bankers Association stat).

How great you’re winning with money – keep it up!!!

George