The Debt Illusion: What Banks Won’t Tell You About Your Credit Card Debt

What if your credit card debt... isn’t really debt? 🤯 In this mind-opening episode of the Grownlearn Podcast, Tommy Kilpatrick reveals the illusion behind credit cards and how he legally eliminated $85,000 in bank-issued credit card debt — not by filing bankruptcy, but by exposing how banks actually operate. Tommy shares how banks issue “credit” without a real loan or signed promissory note — and why that means you may not legally owe them a thing. He takes us deep into the world of legal definitions, Federal Reserve documentation, and powerful court cases that challenge the very foundation of consumer debt. If you’ve ever felt trapped by credit cards, overwhelmed by balances, or suspicious about how the banking system works… this episode is for you. 🔍 You’ll learn: The difference between real vs. fraudulent credit Why most credit card debt is technically unsecured and undocumented How banks profit from illusion, not actual lending Legal strategies to challenge false debt and clean up your credit How Tommy helps others fight back — and why he’s not afraid to expose the truth Plus, we talk about his humanitarian projects in the Philippines — building bamboo dome homes and launching community healthcare clinics with futuristic tech. Want to unlock the secrets of business growth and transformation?📺 Explore our curated playlist here: https://www.youtube.com/playlist?list=PLTJlaeHk03J0lwEsQYIZ1wpaqJrxJYa28 About Grownlearn: Welcome to GrowNLearn, where innovation meets expertise in business growth, business transformation, and leadership development. We empower entrepreneurs and business leaders with data-driven insights and tailored strategies that drive success. Whether you’re looking to scale your business, develop a success mindset, or learn how to grow a startup, GrowNLearn is your trusted partner in navigating today’s competitive market. Connect with Us: Website: https://grownlearn.org/ Podcast Page: https://grownlearn.onpodium.com/ Apple Podcast/i-tunes: https://podcasts.apple.com/at/podcast/grownlearn/id1515759956 Soundcloud: https://soundcloud.com/grownlearn Spotify: https://open.spotify.com/show/1bUIDGbSQl4BlHeNeeJfva Follow Us on Social Media: Linkedin Page: https://www.linkedin.com/company/grownlearn X.com: https://x.com/grownlearn1729 TikTok: https://www.tiktok.com/@healnlearn_grownlearn IG: https://www.instagram.com/healnlearn_grownlearn/ HealnLearn Channel - Success Mindset: /@healnlearnLinkedIn: /grownlearn X (Twitter): https://x.com/grownlearn1729 TikTok: /healnlearn_grownlearn Instagram: /healnlearn_grownlearn HealnLearn Channel - Success Mindset: /@healnlearn Additional Resources FREE LinkedIn Profile Audit: 👉 https://ps.linkedvanow.com/r5wgf AI-Powered Lead Generation: Create a constant inflow of qualified leads with our advanced AI tools paired with expert human lead nurturing: 👉 https://ps.linkedvanow.com/tjnia9mrkt85