Money is created through bank debt. When you go for a mortgage through a bank, they give you $100,000 to buy a… — Bernard Lietaer Copy Share Image
When you default on a secured debt, the creditor takes the asset that backs up that debt. When you convert credit card… — Jean Chatzky Copy Share Image
You also need to understand that when you consolidate credit card debt into mortgage debt - like a home equity loan or… — Jean Chatzky Copy Share Image
![“You also need to understand that when you consolidate credit card debt into mortgage debt - like a home equity loan or a HELOC [ home equity line of credit ] - you're taking an unsecured debt and turning it into a secured debt.” quote by Jean Chatzky](https://sms4smile.com/quotes/img-quotes/e84/jean-chatzky-15313_cards_you-also-need-to-understand-that-when-yo_1363945.jpg)