Want a simpler, cheaper and faster solution? Here:
Month end bank balance
[minus]
Contingency amount
[equals]
Extra debt payment
Pay that toward your highest interest rate debts first. It will beat the MMA every time.
Always talk to a financial professional first, and consolidate high interest debts into lower interest loans where possible, but after the minimums are paid, service the higher rate debt first, and you'll beat the MMA.
The MMA was designed to be simple to use and keeps the controls in the hands of the consumer. People are more likely to make better choices when they see what they are accountable for and what it is costing them to ignore the advice of the software. MMA is simply another option for consumers to assist them with fast, debt elimination that is risk free.Ppl really do want to get out of debt. They either lack the knowledge or are un-disciplined about their finances. The Analysis is FREE. Try it!
Tammy, by now you're aware that I reported you to Compliance at UFirst for your unverified claims and your disagreement with detailed (complicated) instructions from UFirst Agent Support, so I assume they told you to stop posting and making UFirst look bad. You haven't been back for 3 weeks, but that just isn't like you. You should take a page out of agent Sue Copening's book and post under a pseudonym (her's was "Bob Trout") so you don't get in any more trouble with Compliance.
LOL! It baffles me that member "cphansen" makes numerous false comments about the Money Merge Account & UFirst Financial. He clearly has no clue how factorial math works! I am a UFirst Client and Agent in Canada! I can't even begin to tell you how this has changed my life and my future! Have your FREE Financial Analysis ran by a Ufirst Agent and see for yourself how powerful the MMA is! I will be debt free in 2 yrs vs. 25 yrs! NO OTHER SERVICE CAN GUARANTEE THESE RESULTS WITHOUT RISK!
Factorials will tell you how many ways to choose or order any number of choices. Factorials will not lead you in any particular direction. The math is simply a permutation:
nPr=n!/(n-r)!
That's your famous "factorial math" looks like, and the source of the "3.6 million ways to pay ten debts claim", because 10P10 = 3.6 million. Again, factorials will not actually tell you how to pay those debts.
UFirst can't guarantee these results, either. And they certainly can't guarantee them without risk. The only thing UFirst guarantees is that if your income and expenses stay constant, and you follow the software to the letter, it will direct you to pay your mortgage off in the time shown on the MMA report. That's it. If you lose your job or have emergency expenses, there goes your guarantee.
Actually it is risk free, because the MMA is not emotional - it constantly recalculates to keep you on path to eliminate your debts faster & smarter. I haven't met one client who was on a financial plan that made sense to them before using the MMA. They had to roadmap, kept spending their money, never getting ahead. As a client I know that this is the best & simplest plan I've used. I'll be debt free in just over 2 yrs vs 25. That is a powerful program my friend - and ALL my clients agree :)
IF you are goin to be debt-free in 2 years vs. a 25 year amortization, that means you are paying 5-6X your regular mortgage payment. If you have that money coming in, you're clearly not earing it through MMA sales, and you would be better off avoiding the MMA and applying the money directly to your mortgage.
What emotion? Income minus expenses equals mortgage prepayment. Again, that will always beat the MMA, and it is easier than the MMA.
Actually your comment is unverifiable and incorrect. The truth is you fail to acknowledge that people are not financial analysts, and they don't have time to sit down and calculate a path to eliminate debt. If they did, no one would be in debt. The fact is that people ARE in debt and have no clue how to get out. Do you honestly think by spending your time bashing people who provide a solution is helping? Ufirst changed my life and I chose to become an Agent and help others.
Nobody has to be a financial analyst to eliminate their debt. They simply have to earn more money than they spend, and pay the difference to their debts. It is that simple.
UFirst exists to extract money from people by making debt look confusing. It isn't.
I mean, look at how you were schooled about "factorial math" above. You are in no position to sell this product. You're probably more confused about debt than your clients.
Who cares where my income comes from. The least risky way to accumulate wealth is to eliminate
non-deductible debt. Our product does not change your lifestyle. No one is going to put 100% of their discretionary into their debts and then be disciplined to do this consistently every single month. Life happens, and when it does the sofware recalculates to keep you on path. Doesn't really matter what you say...our clients speak for us. They love MMA and refer us to help others.
Income minus expenses, calculated once per month, also adjusts every month.
And I was wrong above - I misread the "UFirst Progressive Compensation Plan". Your profile very recently said you were a "Senior Associate" with UFirst (you recently changed your profile). You could reach that status with as few as 2 training sales or 3 recruits. Like almost all other agents, despite the length of time you've been at this, you've lost money.
As usual, anyone who have absolutely no clue what our vision and passion is at UFirst always replies with the same answer you did. Because you clueless to the real problem and the reason why thousands of people are clients...very happy and very debt free people. I've met my share of so called educated Financial Planners who have put more people in a debt crisis then you know. You don't get to meet the families I do, and see the results I have. All you know is to argue. I get ppl out of debt
You epitomize the average UFirst agent. A couple of sales to friends and family, no understanding of mortgages or finance, and dogmatic belief in what you've been told. Did Jayson mention how difficult it would be to make money in this scam? Maybe you're upset at him for the money you've lost, and you're just taking it out on me.
I'm only here to steer good people away from a bad product. If I can get some agents to stop peddling it, even better. I've done both, and you've helped tremendously.
My friend, you have not a clue what I do, who m clients are or how vaste our company has grown. We have verifyable credibility and a product that is changing people lives financially! It's people like you who only make our business stronger b/c no one cares to hear your water-cooler advise about 'Agents". Give me a break...if you believe that is why we do what we do, then you truly are clueless.
Your such an angry little man...I'm so sorry your life is so depressing. Best if luck to you...
I keep calling you on your "verifiable" claim, and you keep ignoring me and claiming it. What credibility? You have a handful of articles from low-circulation rags which are in the business of writing promotional pieces, and an entrepreneurship award to your founders (not the company) from E&Y. If you look in your back office, you'll see that UFirst agrees with me, and above all, does *not* want you to contact E&Y about the award.
Kiplingers is a trusted publication, and warns against UFirst.
And by the way - why do you constantly focus on my personal income? Are you the same morron who makes the same argue to a car salesman who's paid 100% commission to support his family. Part of his sale is his income, What about the Realtor or Lawyer or Insurance Broker....? We are all paid a premium for our service. You're just a hipocrate.
I comment on the fact you make little or no money at this because it is important to note that many agents have been duped as have clients. Once you pay your $175 to become an agent and take your impossible-to-fail test, you can pay for upgraded UTracker access, replicated websites, stationary, and all sorts of things, but most agents will never break even.
The highest credible claim is 120,000 MMAs sold. We know there are over 60,000 agents. That is epic failure. Only recruiters make money.
Hmmm...? I'm still trying to figure our what point you're trying to make? I'm quite happy financially and very proud to be part of such a wonderful company. I have no clue why you think I'm upset about anything you say? Also, I've made no comment of so-called loss of money. All you care about is sales, commissions, recruiting...I care about people by provising them a phenomial service! I think it's funny how quickly you lose your temper, jump to conclusion and have nothing interesting to say.
The first point is that the MMA is inefficient, dangerous, and more work for clients.
The second point is that it is almost impossible to make money selling the MMA. The most recent sales figures agree. See my thread at RedFlagDeals for the numbers, or a full explanation of why MLM sucks at Tracy Coenen's "Fraud Files Blog".
The third point is that you epitomize the clueless UFirst agent with your claims of "factorial math" and "no change in lifestyle", which UFirst doesn't even allow.
Your comments are in fact incorrect. People like you only give me further reasons why I do what I do. I am a client, the MMA is extremely easy to use, and it has changed the lives of my clients.
Debate all you want if it makes you feel better. Your replies are pointless, unverifiable and are only meant for your own self-promotion.
Whenever a company comes up with a new idea or product there will always be non-believers and negative feedback. What matters is the families we are saving!
My points are completely verifiable. If you want to compare the performance of the MMA to a simple debt snowball, I'm game - post some sample numbers. The debt snowball can be accomplished with one calc per month - faster than the MMA where you have to enter info. Only the MMA requires a new LOC, which is subject to rising rates or freezing by the bank, making it more dangerous. The August 2008 agent earnings summary has been posted by Tracy Coenen - few are making money at this. (continued)
Actually they're not. Most importantly everyone who has any form of debt can qualify...why? Because you do not need an LOC anymore. You see, there are some pretty smart ppl@ UFirst who are constantly making our program easier to use. Wow! You sure don't have your facts straight. But that's okay - I'm not really interested in your opinion. It's just water coller humor to me.
Sure, you can use other forms of debt, but the HELOC typically provides the best interest rate and is the first choice. Run some sample numbers if you want. When you move from a HELOC at 8% to a credit card at 15%, watch what happens to the payoff date. And of course, added activity on your credit card is dangerous as well, as credit card debt is an easy trap to fall into.
I can't understanf why you would advise anyone to perform such a function? You clearly have no financial accumen or education, and are simply making false statements about the MMA. I think anyone who reads your comments will see that you are no different than the guy at the water cooler. "all talk" - no proof - just an 'opinion'. The MMA doesn't give an opinion, it provide factual, undisputable mathematical results. PROOVEN! SIMPLE! EDUCATIONAL! SMART!
Tammy, you have access to UTracker, so go run some numbers before I do it for you. I'll gladly prove just how inefficient the MMA is, just as I've done at scam-dot-com and elsewhere. Google "Conversation with a UFirst Agent" - it's comedy gold.
"The MMA doesn't give an opinion, it provide factual, undisputable mathematical results. PROOVEN! SIMPLE! EDUCATIONAL! SMART!"
Thanks for that one. I'm surprised you didn't pull a Homer Simpson and spell it "SMRT!"
Finally, many of your claims are specifically disallowed by the Compliance department at UFirst. In fact, commenting here at YouTube and other public sites is also frowned upon by "corporate" - see the memo from the end of 2007, introducing the official UFirst blogs, which now sit dormant. You should go liven them up.
Here's some great MMA instructions to see an average for how much you spend each month eating out:
1. Put a monthly average under cashflow (Example: Food, set up as monthly, for $300, due on the end of the month)
2. When you go out to eat the first time, execute the Food line item...when the pop up box comes up, change the name "Food" to "Olive Garden", change the amount from $300 to $25, change the date from the 30th to the date you went, and uncheck the Final Transaction Box. Click Execute.
3. On the Action Plan, the Food line item will now show up for $275(the amount remaining). When You click over to the MMA tab, you will see the Olive Garden line item for $25
4. Everytime you eat out, you will repeat those steps, and make sure to uncheck the Final Transaction box until the last time you eat out for the month, so the program knows you are done with that line item
5. When you go to the MMA tab select Food Category, you will now see each line item
LOL - WOW - You sure don't have a clue how the MMA functions! Hahaha. Your responses get funnier by the day. Now I know who the real Con Arist it. If there was ever a scam, it;s the one created in your mind. I've nevr come home and entered my grocery bills and restaurant adventures into the MMA tabs. You've just proven that you have no idea what capabilities the software has. But I'm sure you'll have another "Oh, it's against Ufirst compliance to talk about this" response. *laugh laugh*
Those instructions are not mine. They were written by United First Financial "Agent Support Manager" Derek Brown. You are saying that your own agent support manager - who is a corporate employee - has no clue.
Tammy, someone (you?) tried to get my remarks labeled as "spam", but the answer remains:
Those instructions are not mine. They were written by United First Financial "Agent Support Manager" Derek Brown. You are saying that your own agent support manager - who is a corporate employee - has no clue?
You used to be quick to respond. One week later, and still no answer to that one. Are you busy telling Derek how he doesn't know how the MMA functions? You go tell him. Let us know how it goes.
Hi Tammy. I thought people here should know that you were basing your "2 yrs vs 25" on a $60K+ credit card debt (no mortgage). The 25 year payoff estimate was based on paying the minimum payments on all the cards. The accelerated timeline is simply due to the fact that you reported $1800 in monthly discretionary income.
There isn't an idiot in the world with an extra $1800 coming in each month, who wouldn't put that money towards a 27% credit card without the MMA. Except, perhaps, you.
hey buddy, a meager 1200 views in 7 months later, I think you should know, that agent guidelines from United First Financial mandate you can't post videos on YouTube to promote a UFirst product. I'd pull this video before Compliance finds it, or you might find yourself fired as an independent agent. Just a heads up.
LOL - I get a "thumb down" for pointing out that someone who is trying to sell you a $3500 software package with a Magic Mortgage Algorithm (hey! another MMA!), can't even calculate interest.
Not surprisingly, all it takes to become a UFF agent is $175, watch the online tutorials, and write an online test. It's easier than getting your driver's license. And these people want you to pay a lot of money so they can tell you how to pay for your largest purchase in your lifetime. No thanks.
Two things: First, you forget that the HELOC starts off with $3500 balance for the UFF fee. Second, interest on the HELOC is calculated at month's end by average daily balance, so you can indeed add about $50 to the HELOC balance in that first month, as you start with a $5000 balance, spend $4K, and receive $5K (not even counting interest on the $3500 fee).
The UFirst system slightly less effective than simply prepaying your mortgage principal with leftover income, and the fee makes it worse.
Want a simpler, cheaper and faster solution? Here:
Month end bank balance
[minus]
Contingency amount
[equals]
Extra debt payment
Pay that toward your highest interest rate debts first. It will beat the MMA every time.
Always talk to a financial professional first, and consolidate high interest debts into lower interest loans where possible, but after the minimums are paid, service the higher rate debt first, and you'll beat the MMA.
cphansen 3 years ago 3
The MMA was designed to be simple to use and keeps the controls in the hands of the consumer. People are more likely to make better choices when they see what they are accountable for and what it is costing them to ignore the advice of the software. MMA is simply another option for consumers to assist them with fast, debt elimination that is risk free.Ppl really do want to get out of debt. They either lack the knowledge or are un-disciplined about their finances. The Analysis is FREE. Try it!
MortgageFreeForLife 3 years ago
Tammy, by now you're aware that I reported you to Compliance at UFirst for your unverified claims and your disagreement with detailed (complicated) instructions from UFirst Agent Support, so I assume they told you to stop posting and making UFirst look bad. You haven't been back for 3 weeks, but that just isn't like you. You should take a page out of agent Sue Copening's book and post under a pseudonym (her's was "Bob Trout") so you don't get in any more trouble with Compliance.
cphansen 3 years ago
Comment removed
cphansen 3 years ago
LOL! It baffles me that member "cphansen" makes numerous false comments about the Money Merge Account & UFirst Financial. He clearly has no clue how factorial math works! I am a UFirst Client and Agent in Canada! I can't even begin to tell you how this has changed my life and my future! Have your FREE Financial Analysis ran by a Ufirst Agent and see for yourself how powerful the MMA is! I will be debt free in 2 yrs vs. 25 yrs! NO OTHER SERVICE CAN GUARANTEE THESE RESULTS WITHOUT RISK!
MortgageFreeForLife 3 years ago
Ever seen a factorial?
0!=1
1!=1
2!=2×1=2
3!=3×2×1=6
etc.
That's all they are.
Factorials will tell you how many ways to choose or order any number of choices. Factorials will not lead you in any particular direction. The math is simply a permutation:
nPr=n!/(n-r)!
That's your famous "factorial math" looks like, and the source of the "3.6 million ways to pay ten debts claim", because 10P10 = 3.6 million. Again, factorials will not actually tell you how to pay those debts.
giantslalom25 3 years ago
UFirst can't guarantee these results, either. And they certainly can't guarantee them without risk. The only thing UFirst guarantees is that if your income and expenses stay constant, and you follow the software to the letter, it will direct you to pay your mortgage off in the time shown on the MMA report. That's it. If you lose your job or have emergency expenses, there goes your guarantee.
Not exactly "without risk", is it?
cphansen 3 years ago
Actually it is risk free, because the MMA is not emotional - it constantly recalculates to keep you on path to eliminate your debts faster & smarter. I haven't met one client who was on a financial plan that made sense to them before using the MMA. They had to roadmap, kept spending their money, never getting ahead. As a client I know that this is the best & simplest plan I've used. I'll be debt free in just over 2 yrs vs 25. That is a powerful program my friend - and ALL my clients agree :)
MortgageFreeForLife 3 years ago
All what? 8 of them? 11 max?
IF you are goin to be debt-free in 2 years vs. a 25 year amortization, that means you are paying 5-6X your regular mortgage payment. If you have that money coming in, you're clearly not earing it through MMA sales, and you would be better off avoiding the MMA and applying the money directly to your mortgage.
What emotion? Income minus expenses equals mortgage prepayment. Again, that will always beat the MMA, and it is easier than the MMA.
cphansen 3 years ago
Actually your comment is unverifiable and incorrect. The truth is you fail to acknowledge that people are not financial analysts, and they don't have time to sit down and calculate a path to eliminate debt. If they did, no one would be in debt. The fact is that people ARE in debt and have no clue how to get out. Do you honestly think by spending your time bashing people who provide a solution is helping? Ufirst changed my life and I chose to become an Agent and help others.
MortgageFreeForLife 3 years ago
Nobody has to be a financial analyst to eliminate their debt. They simply have to earn more money than they spend, and pay the difference to their debts. It is that simple.
UFirst exists to extract money from people by making debt look confusing. It isn't.
I mean, look at how you were schooled about "factorial math" above. You are in no position to sell this product. You're probably more confused about debt than your clients.
cphansen 3 years ago
Who cares where my income comes from. The least risky way to accumulate wealth is to eliminate
non-deductible debt. Our product does not change your lifestyle. No one is going to put 100% of their discretionary into their debts and then be disciplined to do this consistently every single month. Life happens, and when it does the sofware recalculates to keep you on path. Doesn't really matter what you say...our clients speak for us. They love MMA and refer us to help others.
MortgageFreeForLife 3 years ago
Income minus expenses, calculated once per month, also adjusts every month.
And I was wrong above - I misread the "UFirst Progressive Compensation Plan". Your profile very recently said you were a "Senior Associate" with UFirst (you recently changed your profile). You could reach that status with as few as 2 training sales or 3 recruits. Like almost all other agents, despite the length of time you've been at this, you've lost money.
cphansen 3 years ago
As usual, anyone who have absolutely no clue what our vision and passion is at UFirst always replies with the same answer you did. Because you clueless to the real problem and the reason why thousands of people are clients...very happy and very debt free people. I've met my share of so called educated Financial Planners who have put more people in a debt crisis then you know. You don't get to meet the families I do, and see the results I have. All you know is to argue. I get ppl out of debt
MortgageFreeForLife 3 years ago
You epitomize the average UFirst agent. A couple of sales to friends and family, no understanding of mortgages or finance, and dogmatic belief in what you've been told. Did Jayson mention how difficult it would be to make money in this scam? Maybe you're upset at him for the money you've lost, and you're just taking it out on me.
I'm only here to steer good people away from a bad product. If I can get some agents to stop peddling it, even better. I've done both, and you've helped tremendously.
cphansen 3 years ago
My friend, you have not a clue what I do, who m clients are or how vaste our company has grown. We have verifyable credibility and a product that is changing people lives financially! It's people like you who only make our business stronger b/c no one cares to hear your water-cooler advise about 'Agents". Give me a break...if you believe that is why we do what we do, then you truly are clueless.
Your such an angry little man...I'm so sorry your life is so depressing. Best if luck to you...
MortgageFreeForLife 3 years ago
I keep calling you on your "verifiable" claim, and you keep ignoring me and claiming it. What credibility? You have a handful of articles from low-circulation rags which are in the business of writing promotional pieces, and an entrepreneurship award to your founders (not the company) from E&Y. If you look in your back office, you'll see that UFirst agrees with me, and above all, does *not* want you to contact E&Y about the award.
Kiplingers is a trusted publication, and warns against UFirst.
cphansen 3 years ago
And by the way - why do you constantly focus on my personal income? Are you the same morron who makes the same argue to a car salesman who's paid 100% commission to support his family. Part of his sale is his income, What about the Realtor or Lawyer or Insurance Broker....? We are all paid a premium for our service. You're just a hipocrate.
MortgageFreeForLife 3 years ago
I comment on the fact you make little or no money at this because it is important to note that many agents have been duped as have clients. Once you pay your $175 to become an agent and take your impossible-to-fail test, you can pay for upgraded UTracker access, replicated websites, stationary, and all sorts of things, but most agents will never break even.
The highest credible claim is 120,000 MMAs sold. We know there are over 60,000 agents. That is epic failure. Only recruiters make money.
cphansen 3 years ago
Hmmm...? I'm still trying to figure our what point you're trying to make? I'm quite happy financially and very proud to be part of such a wonderful company. I have no clue why you think I'm upset about anything you say? Also, I've made no comment of so-called loss of money. All you care about is sales, commissions, recruiting...I care about people by provising them a phenomial service! I think it's funny how quickly you lose your temper, jump to conclusion and have nothing interesting to say.
MortgageFreeForLife 3 years ago
The first point is that the MMA is inefficient, dangerous, and more work for clients.
The second point is that it is almost impossible to make money selling the MMA. The most recent sales figures agree. See my thread at RedFlagDeals for the numbers, or a full explanation of why MLM sucks at Tracy Coenen's "Fraud Files Blog".
The third point is that you epitomize the clueless UFirst agent with your claims of "factorial math" and "no change in lifestyle", which UFirst doesn't even allow.
cphansen 3 years ago
Your comments are in fact incorrect. People like you only give me further reasons why I do what I do. I am a client, the MMA is extremely easy to use, and it has changed the lives of my clients.
Debate all you want if it makes you feel better. Your replies are pointless, unverifiable and are only meant for your own self-promotion.
Whenever a company comes up with a new idea or product there will always be non-believers and negative feedback. What matters is the families we are saving!
MortgageFreeForLife 3 years ago
My points are completely verifiable. If you want to compare the performance of the MMA to a simple debt snowball, I'm game - post some sample numbers. The debt snowball can be accomplished with one calc per month - faster than the MMA where you have to enter info. Only the MMA requires a new LOC, which is subject to rising rates or freezing by the bank, making it more dangerous. The August 2008 agent earnings summary has been posted by Tracy Coenen - few are making money at this. (continued)
cphansen 3 years ago
Actually they're not. Most importantly everyone who has any form of debt can qualify...why? Because you do not need an LOC anymore. You see, there are some pretty smart ppl@ UFirst who are constantly making our program easier to use. Wow! You sure don't have your facts straight. But that's okay - I'm not really interested in your opinion. It's just water coller humor to me.
MortgageFreeForLife 3 years ago
Sure, you can use other forms of debt, but the HELOC typically provides the best interest rate and is the first choice. Run some sample numbers if you want. When you move from a HELOC at 8% to a credit card at 15%, watch what happens to the payoff date. And of course, added activity on your credit card is dangerous as well, as credit card debt is an easy trap to fall into.
cphansen 3 years ago 2
I can't understanf why you would advise anyone to perform such a function? You clearly have no financial accumen or education, and are simply making false statements about the MMA. I think anyone who reads your comments will see that you are no different than the guy at the water cooler. "all talk" - no proof - just an 'opinion'. The MMA doesn't give an opinion, it provide factual, undisputable mathematical results. PROOVEN! SIMPLE! EDUCATIONAL! SMART!
MortgageFreeForLife 3 years ago
Perform what function?
Tammy, you have access to UTracker, so go run some numbers before I do it for you. I'll gladly prove just how inefficient the MMA is, just as I've done at scam-dot-com and elsewhere. Google "Conversation with a UFirst Agent" - it's comedy gold.
"The MMA doesn't give an opinion, it provide factual, undisputable mathematical results. PROOVEN! SIMPLE! EDUCATIONAL! SMART!"
Thanks for that one. I'm surprised you didn't pull a Homer Simpson and spell it "SMRT!"
cphansen 3 years ago
Finally, many of your claims are specifically disallowed by the Compliance department at UFirst. In fact, commenting here at YouTube and other public sites is also frowned upon by "corporate" - see the memo from the end of 2007, introducing the official UFirst blogs, which now sit dormant. You should go liven them up.
cphansen 3 years ago
Here's some great MMA instructions to see an average for how much you spend each month eating out:
1. Put a monthly average under cashflow (Example: Food, set up as monthly, for $300, due on the end of the month)
2. When you go out to eat the first time, execute the Food line item...when the pop up box comes up, change the name "Food" to "Olive Garden", change the amount from $300 to $25, change the date from the 30th to the date you went, and uncheck the Final Transaction Box. Click Execute.
cphansen 3 years ago
3. On the Action Plan, the Food line item will now show up for $275(the amount remaining). When You click over to the MMA tab, you will see the Olive Garden line item for $25
4. Everytime you eat out, you will repeat those steps, and make sure to uncheck the Final Transaction box until the last time you eat out for the month, so the program knows you are done with that line item
5. When you go to the MMA tab select Food Category, you will now see each line item
Compared to DIY, this is insane.
cphansen 3 years ago
LOL - WOW - You sure don't have a clue how the MMA functions! Hahaha. Your responses get funnier by the day. Now I know who the real Con Arist it. If there was ever a scam, it;s the one created in your mind. I've nevr come home and entered my grocery bills and restaurant adventures into the MMA tabs. You've just proven that you have no idea what capabilities the software has. But I'm sure you'll have another "Oh, it's against Ufirst compliance to talk about this" response. *laugh laugh*
MortgageFreeForLife 3 years ago
This has been flagged as spam show
Those instructions are not mine. They were written by United First Financial "Agent Support Manager" Derek Brown. You are saying that your own agent support manager - who is a corporate employee - has no clue.
cphansen 3 years ago
Tammy, someone (you?) tried to get my remarks labeled as "spam", but the answer remains:
Those instructions are not mine. They were written by United First Financial "Agent Support Manager" Derek Brown. You are saying that your own agent support manager - who is a corporate employee - has no clue?
You used to be quick to respond. One week later, and still no answer to that one. Are you busy telling Derek how he doesn't know how the MMA functions? You go tell him. Let us know how it goes.
cphansen 3 years ago
Hi Tammy. I thought people here should know that you were basing your "2 yrs vs 25" on a $60K+ credit card debt (no mortgage). The 25 year payoff estimate was based on paying the minimum payments on all the cards. The accelerated timeline is simply due to the fact that you reported $1800 in monthly discretionary income.
There isn't an idiot in the world with an extra $1800 coming in each month, who wouldn't put that money towards a 27% credit card without the MMA. Except, perhaps, you.
cphansen 2 years ago 2
hey buddy, a meager 1200 views in 7 months later, I think you should know, that agent guidelines from United First Financial mandate you can't post videos on YouTube to promote a UFirst product. I'd pull this video before Compliance finds it, or you might find yourself fired as an independent agent. Just a heads up.
duggerpato 3 years ago
LOL - I get a "thumb down" for pointing out that someone who is trying to sell you a $3500 software package with a Magic Mortgage Algorithm (hey! another MMA!), can't even calculate interest.
Not surprisingly, all it takes to become a UFF agent is $175, watch the online tutorials, and write an online test. It's easier than getting your driver's license. And these people want you to pay a lot of money so they can tell you how to pay for your largest purchase in your lifetime. No thanks.
cphansen 3 years ago
Two things: First, you forget that the HELOC starts off with $3500 balance for the UFF fee. Second, interest on the HELOC is calculated at month's end by average daily balance, so you can indeed add about $50 to the HELOC balance in that first month, as you start with a $5000 balance, spend $4K, and receive $5K (not even counting interest on the $3500 fee).
The UFirst system slightly less effective than simply prepaying your mortgage principal with leftover income, and the fee makes it worse.
cphansen 3 years ago