Re: I DESERVE RESPECT
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With kiting you deposit a cheque and withdrawal the money via cash-back. When that cheque is presented you issue a new cheque to the bank the original cheque was drawn on. The end result is that you end up with an interest free loan and as long as you keep the shell game going you haven't done anything illegal. His scheme is exactly the same just in slow motion.
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YOU ARE THE DELUSIONAL ONE. If i was kiting, the loans i got would have not actually existed. If I was kiting, everyone who owns a credit card would be guilty of kiting.
I don't understand how you can't comprehend this. I am taking out a loan. Are all other car loans, mortgages, and credit card purchases, and cash advances kiting in your book as well?
You need to stop posting like you know anything about this subject when in fact you are clueless.
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