Talk To Us, Prime Minister: Collateralised Credit Exploitation is practiced by C

‘Collateralized Credit Exploitation or CCE (Cynical Long Term Revolver Entrapment) is the scourge of our generation perpetrated with impunity by Credit Card Companies’

We have recently published our TimeOutCreditCards Exploitation Index (CCE Scandal Scenario) as follows: No.1 = No Counter Party Risk, No. 2 = Annuity in Perpetuity, No.3 = AAA None Defaulting, No.4 = PFI - PPI of which CCE is the greatest injustice, No.5 = Unregulated Financial Misconduct, No.6 = Unjustified Financial Exploitation, No.7 = Persistent Imperious Exploitation, No.8 = Abuse of any generally acceptable prudential regime, No 9 = Devoid of commonly accepted rationality or merit No. 10 = Fails any and every measure of financial risk based ethical behavior.

Interested parties across the world have now been invited to join the Movement @TimeOutCreditCards #PutAnEndToFinancialSlavery.

Several connected publications and keynote presentations are available T.V.
Radio & Social, Business & Trade Media notified.

Legacy Societal Adverse Impacts & Abusive Effects - Just ONE Example

Principal (with 9 cards from 6 companies MBNA, Capital One, RBS, BarclayCard, New Day Opus & Marbles) £ 54,000 Amount Repaid (estimated over 20 years ) £ 503.000. 9 x Credit Cards from 6 Credit Card Companies interest up to 48.1% (base rate 0.25% to 0.50%). Risk Weighted Asset - up to 1,151% positive return. After almost 20 years as an impeccable payer our borrower asked politely over a period of time (2013 - 2018) 9 Credit Card companies to reduce their high rates of up to 48%+ so that they could be paid off, ALL REFUSED !!!

Repayment of those 9 cards on a principal amount of £ 54,000will have up to 20 years incur estimated gross payments of £ 503,000 (each credit card company has been asked to provide accurate payment amounts or engage in constructive discussion with the payee but each has effectively declined to do so) No financial organization has the right to impose a combination of excessive and unwarranted interest + charges + punitive fees on nominal amounts that cannot be paid back within an individual's lifetime by creating sustained (Collateralized Credit Exploitation) CCEs at rates which are not supported by any rational, reasonable, ethical measure or by any accepted financial risk ratios or prudential regime.

Principal - £54,000 Estimated Amount Repaid** - £503,000
Over Length of Time* - 0 to 20 years
Credit Card Interest – up to 48.1%
Bank of England Base Rate – 0.25 % to 0.50%

Amount to be repaid by the Credit Card Companies
Principal + OverPayment + Interest + Charges + Compensation =
£ 503.000*** (estimate)
Status - Creditor of each credit card named above
CCE Value at Risk (VaR) Time Frame - Lifetime, Amount at Risk - NIL, Probability of Risk - NIL, Collateralized Credit Exploitation is cynical long term entrapment & unconscionable financial slavery where there is No Risk - No Transparency - No Regulation - No Legislation.
*Each Credit Card Company have to date withheld the necessary information to make an accurate calculation of total payments made ** Each Credit Card Company can provide a more detailed breakdown. *** Projection.
Account Number for 9 x cards ending (available)

How MUCH is ENOUGH!!!

Collateralised Credit Exploitation is practiced on AAA None Defaulting accounts and is in effect an Annuity in Perpetuity, it is demonstrably Exploitative by Design -Extortionate by Intent - Fraudulent by Nature.

Our political & regulatory & financial establishment has demonstrated endogenously heterodoxical behaviour in their collective incapacity to respect the UK Citizen by ignoring the fact of and the damage caused by Collateralised Credit Exploitation.


Danny Moloney, MBA, MSc, MA, MAPCE, MACT (DBA IP).
Greater Eccles, Manchester, United Kingdom. Sunday 8th July 2018