Fucking Retard!! There's no magic involved in this service.....DUMBASS!! If you didn't want to start a debate..............then don't post any messages towards me. If your not on the program then shut your fucking mouth.........you fucking DUMBASSS!!!! If this service was a scam then the government would have shut the company down back in 2006. But if you would have researched the company in the "BETTER BUSINESS BUREAU".................."UNITED FIRST FINANCIAL" has an A rating. FUCKHEAD
If you owe debt, any debt at all, you owe principal ( the money you borrowed ) and interest ( rent for the money you borrowed ) Shuffling debt between accounts or paying accounts at different time will NOT magically pay off your debt in record time. If you owe $180,000 that money 180,000 US Dollars needs to be paid off. Tinkering around with other debt will not help.
THIS IS CRAP.... There is no super extra software super magic formula for paying down debt. Debt is debt... NO "financial program" will lower your debt or increase your income. Shuffling money around various accounts ( via software ) does not reduce debt.
@stevenabb funny my mother reduced her mortgage by $4,500 in 6 months using this program no matter how much you say it's crap. This is why I am hesitant to become an agent for this company I know it works yet americans are too dumb to get it for the most part. Even on this legit station you still doubt it even though they say people at the station use the program & it works yet you are too dumb to see it like most americans. Amazing how the U.S. population is so stupid.
Monthly MMA sales figures for 2009: Jan 3,473 Feb 2,177 Mar 2,428 Apr 2,058 May 1,353 Jun 1,092 Jul 849 Aug 710 Sept 583 Oct (no data) Nov 369 Dec 278 Monthly MMA sales went down 92% over the course of 2009. Word of this scam is quickly killing it.
LOL.. you guys are funny... THe MMA works just fine.. I have paid ALL of my debt off. O only have 3 years left on my rental house and 7 on my private home. Ufirst is going down the tubes because of their bad management, business dealings with other companies, and the economy.
@cphansen Yes there is you do not understand what you are talking about you just think you know. You will not beat the software period. Again the reason why I seen it work on my mothers mortgage yet I know most americans are simply too dumb to get it. Even w/ a station like this telling you it works still you say no. INCREDIBLE.
@coptic777 The MMA will direct you to pay off a mortgage, but it will make you jump through needless hoops, like opening an intermediate account (like a HELOC) that actually slows the debt repayment process. If the MMA was a legit product, they would skip this useless intermediate account, but without it, it becomes obvious that all the MMA is doing is funneling all extra income to the mortgage. UFirst needs to make things look confusing to justify the cost. It's a scam.
@CPHANSEN , you mentioned that it's a shame that SO MANY PEOPLE put their faith in UFirst. That's right BABY!! SO MANY PEOPLE bought the MMA PROGRAM.
Why, do you keep criticizing UFirst in trying to help people get out of DEBT. Like I said in the past..... why don't YOU CPHANSEN develop a program or make a video on YouTube, showing people how to pay off their debts. It seems you have the answer to everybodys DEBT problems.
CPHANSEN an ATHEISTwho has all the answers to everyones pain
It's a shame, because they could have been $3500 further ahead with their debts, plus interest. The MMA does nothing you can't do better and with less effort on your own, for free. Some people just need some basic education in personal finances, but if you can put numbers into the MMA, you have the ability.
And yes, I don't believe in your god, or any of the thousands of gods who came before or after. That has nothing to do with this.
Wow!! That's great, 369 MMAs sold in November, at least it's not ZERO MMAs sold in November. That's 369 families who are going to become debt free in record time. Thanks for sharing that CPHANSEN.
CPHANSEN I see your still trying to spread bad news about UFirst. Tell me why are you putting down UFirst. You have nothing to do with UFirst. You've never used the MMA program, so you can not criticize the product.
Look at the trend. It's rapidly approaching zero, and UFirst were laying off staff all of 2009. The national webinar schedule, once full of training and sales events, is now almost empty. Sales are down, income is down, and the buzz is gone, because people realize it for the scam that it is.
And I have used the MMA. I've used the same demo account Joetaxpayer used to prove the MMA was inefficient and mathematically broken. Look it up.
The latest sales figures leaked from UFirst show November sales of 369 MMAs sold. That's down 89% from January of this year.
Something tells me that UFirst is not in the running for any more E&Y awards - even in Utah.
Total MMA sales are just over 50,000 (not 100,000), and have slowed to a trickle. Many top executives have left, and have not been replaced. Layoffs have gutted the company.
It's a shame so many people put their faith in UFirst, but it couldn't last. We've said it all along.
Here is some good news from BETTER BUSINESS BUREAU.
United First Financial's ratings went up from a D to a B+ within in a year. Now, what do you have to say to that BROTHER.
In my opion that tells me people are moving forward and supporting United First Financial. The benefits of using MMA out weighs what you are trying to preach about adding discretionary income every month. Some people don't have that discretionary income every month. So why not use the banks money!
What's up HATER!! I see your still at it coming on to these sites and posting up deceitful lies about UNITED FIRST FINANCIAL. I just found out that you are an ATHEIST, which means you have no faith in GOD. This really tells me a lot about you. It explains why you are on a mission to disrespect GOD and your fellow man. ATHEIST are very disrespecful, they believe that they are always right and everbody else is wrong. GOD SENT US A GIFT WHICH IS THE MMA!
More specifically, God sent the "gift" of the MMA to a bunch of Mormons, who own and make most of the profits from this scam. So unless you're a Mormon, you would be well-advised to get yourself to the nearest temple to convert and get yourself sized for their magical underpants ASAP.
No matter what religion you are involved with, UNITED FIRST FINANCIAL is giving positive results to homeowners from different walks of life.
Unlike you being an ATHEIST your goal is to bash UNITED FIRST FINANCIAL and to bash other people's beliefs. Why don't you ask yourself, "WHAT AM I DOING TO HELP HOMEOWNERS GET OUT OF DEBT?" Your answer is to add discretionary income every month to the mortgage. If that's the answer why are so many homeowners losing their homes?
You didn't get my message.......majority of homeowners don't have that much discrectionary income to put towards their mortgage or other debt. They would rather spend it or put in savings. Majority of homeowners only have less then $100.00 after all bills are paid.
Another thing, did you visit the BBB to check United First Financial's rating? IT'S A B+ rating brother. What do you have to say to that?
If a homeowner doesn't have discretionary income, then the MMA won't work for them either. UFirst even says so, right in the FAQ of their website.
There is no magic math happening here. All the MMA is simple prepayment, with a smokescreen in front of it.
As for the BBB, that's 32 complaints. It goes up steadily, and UFirst is not BBB accredited. If you don't like the MMA, you have less than 1 week to request a refund. After that, you are SOL.
True, it doesn't work if you don't have discretionary income, BUT if you have $1.00 let me say this again, if you have $1.00 in discretionary income you can make the MMA program work for you. Now, who doesn't have a dollar in discretionary income?
MAGIC! There is no magic involved in the MMA program, just pure math using a sophiscated calculator.
As for the BBB, that's 32 complaints out of 100,000 plus customers that have been resolved. 32 out 100,000 thousand plus users of the MMA.
If you bought the MMA and you still have $1.00 in discretionary income, you could have had $15.00 in discretionary income (at 5%) because you foolishly paid $3500 for a glorified egg timer to tell you when to pay more to your debts.
The MMA slows potential debt repayment. It slows it by saddling you with $3500 in additional debt, and it slows it with inefficient software, in control of a needless HELOC or other account.
Your statements are FALSE. The homeowner in the this news video clip will have his home paid off in 4.5 years. So tell me how does that slow down the process of paying the mortgage off. This homeowner invested $3,500 to pay his home off in 4.5 years saving him $300,000 dollars in interest saved. The cost of the program was rolled over in a line of credit, which means the bank paid for the cost of the program.
If your so adamant in proving the MMA is wrong why don't you call coporate office and debate with one of the co founders of the company. Maybe you guys can go toe to toe in trying prove MMA is just MAGIC.
Another option for you is to fly to coporate office like others have to see if it's to good to be true.
I also noticed that you did not comment on my previous post, about SKYLER WHITMAN and JOHN WASHENKO co founders of UFIRST. A+ rating with their real estate company.
This was a very very weak comment from you CPHANSEN. Looks like you ran out of clever things to say about UFIRST. Just face it UFIRST is here to stay. The main mission of this company is to get homeowners out of debt and to turn the American economy around. Where is the scam? Please pin point exactly where the scam begins. UFIRST resolved 32 complaints with the BBB which now has a B+ rating, in a few months the rating will be an A.
Monthly MMA sales figures for 2009: Jan 3,473 Feb 2,177 Mar 2,428 Apr 2,058 May 1,353 Jun 1,092 Jul 849 Aug 710 Sept 583 This year, UFirst has let go of Chief Marketing Officer Don Jorgenson, CEO P. Thomas Chester, COO Ted Lambert, and Ryan Sabin - lead developer of the MMA. UFirst has lost every online challenge put forward, and people have listened. Sales are down 83% this year. Go find your next MLM.
@itsyourtraveltime This is NOT A NEWS CLIP, it is fake. Why would anyone give $3,500 dollars to a sleezy group that needs to make FAKE news broadcasts? Is this how desperate these people are. An internet based webpage will not reduce your debt, shuffling money around different debt instruments does not reduce debt!!!
@stevenabb Here we go again, another JACKASS who thinks he knows the answer to AMERICA'S FINANCIAL DEBT PROBLEM. STEVENABB......what is your solution to AMERICA'S FINANCIAL CRISIS with DEBT???? You seem to know the answer to everyone's problem with debt.......so please show us how YOU can help your neighbor and family member pay off their mortgage and other debts in record time. PLEASE TELL ME THE ANSWER!!! FYI this news station is not fake, I've seen the website to the news station!!!
Fuckhead, obviously my intention is not to debate your "financial pixie dust" with someone selling "financial pixie dust". Everyone, if you owe a mortgage, no numbers printed on a computer screen will magically make that debt disappear. Shuffling money around bank accounts or different types of debt does not reduce debt. How can you pay off your mortgage in record time, 2nd job, sacrifice, buying an affordable house. Desperate people are preyed upon by scammers. Webpages don't make money...
There is no scam involved with United First Financial. Just 100,000+ customers and growing. Like I mentioned earlier in a previous post, if it was a SCAM UFIRST would have been shut down back in 2006. No company would get away with stealing $3,500 from 100,000 people. If that was the case the owners of UFirst would be in jail.
Here is some facts for you. SKYLER WHITMAN and JOHN WASHENKO are the co founders of United First Financial. They have a mortgage and real estate company in Utah and Colorado. These business have been operating way before UFirst. Their business has an A+ rating with the BBB and are also accredited with the BBB. One of these days, I believe the United First Financial will be accredited with the BBB. It will take some time.
Notice a trend? Notice how UFirst agents are "branching out" to other MLM scams? Agents, notice how you're not selling anything? Well, take heart - your fellow agents aren't selling either. ~65,000 agents, and 849 sales in July.
I know this isn't your strong suit, but do the math.
The same person who forwarded me the master list of ~60,000 agents (it checks out). The same person who helped get Tammy's MMA report (under her own agent number). The same person who showed me that Tammy here is still only a "Senior Associate", and still has only one downline - Franklin Whitfield (#902005).
And I've had others contact me as well. Remember, UFirst is laying off staff. Once they stop getting checks, some ex-employees begin to realize that UFirst was not in it to help clients.
One other thing to note. Tammy is an excellent example of a UFirst agent: She's loud, clueless, has been at this for over a year, and as I mentioned, is still a Senior Associate according to UFirst. That means she has either 2 or 3 sales, and has made either $900 or $1800 in that time. Meanwhile, she paid $175 to be an agent, has a replicated website, and probably other monthly UFirst-related expenses. In that year, she will be lucky to have broken even.
I find it hilarious and insulting of the lengths you'll go to post lies. Funny how you have a new account on YouTube though. Did you get booted for you libelous statements and are now trying to pose under a new alias. Regardless of your attempts to badger and insult. None one really has any interest in your comments. You have now put yourself in harms way of a law suit.
"itscraighansen" is my gmail (alternate) email account, and if I wanted to have an "alias", I could have picked something a lot different from "cphansen". If I go to YT while logged into gmail, I end up in this account by accident. My cphansen account is still active.
Meanwhile, truth is an excellent defense against a defamation lawsuit.
Meanwhile, I've been thanked for my efforts by people who almost bought the MMA, and by a representative of the Consumer Action Law Centre in Australia.
And here's my "still active" account. And because we shouldn't lose focus of these, here again are the Money Merge Account sales figures for 2009:
Jan 3,473
Feb 2,177
Mar 2,428
Apr 2,058
May 1,353
Jun 1,092
Jul 849
Tammy, even though math clearly isn't your strength, you have to see the trend. You aren't going to make any more money with this scam. Time to question your upline (Jayson Lowe) - not me.
Not sure why jaybrown109 comment was removed? But here it is: "Unbelievable dialogue! Mortgage, I feel your frustration. I am also a client and the MMA has changed my life. These skeptics really have no dog in this fight because they have not taken the plunge and are scared to be proven wrong! I will admit I was extremely nervous at first but no one can take away factual results that have since eased my mind in a short amount of time. "
Like it changed your life, MortgageFreeForLife? Like your 25 years to 2 years claim? From your own MMA report, you have no mortgage, only $60K in mostly credit card debt. Oh, and an extra $1800 per month coming in. Your credit cards would take 25 years to pay off if you paid the minimums and stuffed the $1800 under the mattress every month, true. But did you really need the MMA Express to tell you to apply that extra to your credit cards? Or did you even buy it? Most UFirst agents haven't.
cphansen - that's a false statement you made. If you submit or reply to a comment, make it truthful. You have no idea what my income is or where my debt stems from. Your "opinions" about the MMA are only that - "opinions". However, you continue to badger ppl into believing that you have a financial debt cure that everyone can use.Give your head shake. There are many options for ppl to choose..the MMA is simply an option that is easy to use, & adaptable to each person or family. Quit harrassing
Tammy (MFFL), I have your MMA report. It was circulated, along with the reports of a few of your fellow UFirst agents who made ridiculous claims, months ago. Google "Conversation With a UFirst Agent" to find a (now broken) link to the report, but don't worry, I have a copy at home. I'll be home Sunday night.
And what are you doing posting online again? You went quiet after I reported you to head office months ago. Was the compliance dept let go in the last round of UFirst layoffs?
? I never circulated a report, nor do I chat on any Google Links. In fact I believe that you and other MMA haters have created false claims and reports in our names.
You;ve done this to gain an audience and I think it's sick.
BTW: I never went "quiet". But I know you'll say anything to your audience to make us look poorly. (aplause). As per usual you behave in the same manner as always: badgering, insulting, rude and dishonest.
Have you even tried the link I posted yesterday? That's your MMA report right there - created by you. $62K in credit card debt and auto loans, at interest rates up to 27.6%.
And I'm not saying you circulated it, but apparently UFirst did, or at least has incredibly bad security. Just one more reason to avoid them.
I've done nothing but tell you the truth about this company. The company and your upline have sold you a pack of lies, and you repeating those lies makes you just as bad.
cphansen, your statement suggest that Agents are somehow engaging in improper, prohibited, dishonest or even elligal conduct. As such, your statement is defamatory and libelous. You are exposing yourself to court action and/or any damages they may suffer. You are free to conitnue to voice a comment, so long as it does not defame the integrity of another person(s) or character.
You may also need to know that this report is not mine and I will only ask once to stop making such claims. Thank you
I'm not suggesting agents are dishonest, I'm stating it. There are two kinds of agents: Those who understand what they are selling (and sell it anyway), and those who are clueless enough to think they're helping their clients. I still suspect you might be in that latter group.
As for the report, YOU created it. In your name. It fits your "25 yrs in 2 yrs" claim. If you stick by that claim, post the MMA report you base it on. Then I can point out how easy it is to beat the MMA again.
Just for the record schmeck, Dave Ramsey retracted his remarks but cannot endorse an MMA due to the fact that his own program is in competition with other MMA's
Larry, that's a lie. Dave Ramsey has not retracted his comments about the MMA. His offerings include books and budget software. Once you control your expenses, you can apply more to your mortgage and other debts. Simple budget software will run circles around the MMA.
He did retract, but has continued on. His sales must be stalling. An interesting fact...only 20% of all Dave Ramsey's clients who use his $80.00 software stick with it. Over 95% of U-First clients stick with theirs. I suppose you get what you paid for.
Great comment larry1961. Facts and numbers don't lie. But 'some' MMA haters will say anything to gain an audience. The truth is, when a company creates something revolutionary, there will always be skeptics and disbelievers. Well, they have a right to an opinion, but shouldn't badger people or force false claims and accusations down their throats. 5% of clients who are no longer using the MMA are those who are now debt free! Interesting:I've never heard an ill comment by an actual client yet.
I know you've been told, by UFirst, that 95% of clients "stick with" the MMA. That is a common talking point repeated at UFirst "webinars" and training sessions. But just stop and think for a second. What are they basing that on? This is not a subscription service - you can't cancel. You can't get out of the deal after 3 days have elapsed.
I am not a walking coimmercial for this company. If I thought there was something awry, I would be the first to denounce it. I am just wondering how that you say these things without ever using the product or being approached by someone truly qualified to answer your questions.
Of course there is "something awry". The MMA is a smokescreen. The software doesn't save you any money, there is no magic "algorithm", no application of "factorial math", and no reason to pay them $3500 for a glorified egg timer that tells you when to make an extra payment to your mortgage.
What you've done is written that Dave Ramsey retracted his criticisms of the MMA. I see no such retraction, nor has MSNBC or Kiplingers retracted their criticisms of the MMA.
OK, larry has messaged me saying, "...my mention of his retraction was from another agent who said that he [Dave Ramsey] acknowledged that the system did work but would not post it beyond making the acknowledgement"
Now, even I will acknowledge that the MMA will direct you to pay down your debts. It will just do so in a convoluted, time-consuming and inefficient way, and it is sold with lies and deception. How's that for a "retraction"?
I do know that the MMA works since it is working for me and I do believe in helping people help themselves. I know that the internet has replaced "writing on bathroom walls" some folks so I will no longer respond to cphansen's comments since it simply gives them fodder to feed their need for attention. May God bless you, your family and friends.
Again, the MMA will accelerate a mortgage. It is just less efficient, more work, and comes with more risk than simply sending more money to the mortgage on your own, without the MMA.
If you really don't agree, I repeat my suggestion to post some sample monthly numbers and compare. I posted an unrealistic "best case scenario" savings by the MMA earlier in these comments. Check my math. If you insist I'm wrong, show me up.
You can't, because you have no idea what you're talking about.
cp; I am about to purchase my first home (2 flat). I will be one of the renters and I have a renter below me already. I was reading your earlier formula "The simple formula to beat the MMA is:
[month-end bank balance after bills] - [contingency amount] = [prepayment to mortgage]" Since this will be my first mortgage, what does that mean to me and help me understand.
The Money Merge Account in this video professes to accelerate your mortgage and other debts. My point there is that simple formula will out-accelerate the MMA. Here's what you do:
After your monthly bills are paid, take a look at your bank balance. If you would be comfortable with a smaller balance (contingency), take the amount above your chosen contingency and send it in with your mortgage payment.
This is basically all the MMA is doing, without the smokescreen or the $3500 fee.
UFirst agents will harp on this point if I ignore it, so what if you have more debts beside the mortgage?
First, keep up with the minimum payments. Then order the debts (including mortgage) from highest interest rate to lowest interest rate. Send your extra money at the end of the month to the highest rate debt first. Once that is paid off, the next highest, etc. Again, this will beat anything the MMA can do for you. Google "vertex42 debt snowball" for a nice, simple spreadsheet template.
I should also note: Talk to your bank or mortgage professional first. (UFirst agents usually aren't versed in mortgages. My local agent is a salesman. Another is a carpet cleaner.) Your bank or lender will know your mortgage and any applicable penalties (if any) for prepaying (accelerating), and may be able to help you consolidate high interest debt into a lower interest loan, for example.
I hope that helps, but your mortgage professional can explain your situation better in person.
Though I have pointed out how simple it is to beat the MMA for mortgage acceleration, I should also point out that one first has to decide if mortgage acceleration is the right decision to take in the first place. Some intelligent people correctly point out that mortgages are cheap money, and mortgage interest is tax deductible in the US.
However, this is a separate topic. While I believe in accelerating your mortgage, I don't believe in the MMA. I've done the math. Agents can't, or won't.
MartgageFreeForLife, you know I feel sorry for cphansen. Unfortunately they have lots of time on their hands and the comment he sent me had a link to something they were selling. Of course I did not click on it since I am afraid that there could be a "trojan" in the link.
That is a bald-face lie. I never sent you any link, and I'm not selling anything. I'm an engineer from Toronto - I have nothing to gain by warning people about the MMA.
And don't feel sorry for me - I don't have a mortgage or any debts of any kind - my wife and I simply doubled our payments, added lump sums when we could, and paid off a 20 year mortgage in record time. Nor did we pay $3500 for the privilege of doing something we could already do for free.
I am a client. The MMA works for me. I had a 15 yr mortgage. When my analysis was run I would have it paid off the 3.1 yrs. save $28,000+. I have since had a cut in income and the MMA automatically adj.. It is helping me keep on top of my spending. I will still pay off my home in 5.3 yrs. I think there are naysayers who do not understand. 25 yrs ago, when I sold computers ...they knew that there was no way most Americans would have computers in their homes by 2010--now they're on our hips.GBY
To cut your payoff from 15 to 3.1 yrs, you had to be paying 4X your regular monthly payments - with or without the MMA. Had you sent the $3500 MMA fee straight to the mortgage instead of to your agent, you would be ~2 months further ahead.
The simple formula to beat the MMA is:
[month-end bank balance after bills] - [contingency amount] = [prepayment to mortgage]
Send that prepayment with your regular payment, and you'll outperform the MMA every time, and it's easier than the MMA.
You should also note that the above formula adjusts every month.
If you want a larger safety net, you can always hold on to a zero-balance HELOC, which is a much safer position in case of loss of income. With the MMA you (often) have a HELOC, but the MMA will already have a balance on that HELOC, leaving you a smaller cushion.
Do a google search for "ufirst fatwallet" or "ufirst scam" to learn more.
Congratulations!!! I love hearing testimonies like this! Real people talking their experience, being a client of the MMA!
Yes - there are skiptics and naysayers. That is to be expected whenever there is a new concept being presented. When thousands of clients are seeing success, making better financial choices and can use a system that is simple, it is truly worth the investments and future savings!
As a U 1st client, I can say that the program is legitimate. I think the very best thing about the program is that it still works very regardless of what you may think about it.
Following the MMA will pay off your mortgage. It will just do so more slowly and with greater risk than accelerating the mortgage yourself without the MMA. Of that there is no doubt.
Great, if you could provide verifiable evidence of how this will work.
I have positive cash flow and my house has fair amount equity and I am prudent for my personal finance. With or without HELOC, how could any one draw money from it without pay interest? No one will give you an interest free HELOC or what ever you call it for your normal expenses. Please provide some VERIFIABLE EVIDENCE and GURANTEE of success. I will be the first one sign up with you program:).
UFirst agents will claim "interest cancellation" based HELOC interest being calculated on the average daily balance, but take a look at this best case (unrealistic) scenario: Borrow $5000 on the last of the month, and get paid on the first of the next month (HELOC @ 6%, mortgage 5%). One day HELOC interest is $0.83. Mortgage interest saved for the month is $20.83. The $3500 extra debt you're carrying costs $14.58/mo. Total MMA monthly savings = $5.42, in this best case scenario.
Even these savings are dependent upon the HELOC being $0 for most of the month. In UFirst-published examples, the MMA maintains a balance in the higher-interest HELOC for the whole month, which is inefficient. That debt would be better off in the lower interest mortgage, but whether you have a mortgage or a HELOC or a CC, it is all debt that has to be repaid. Consolidate it in the lowest interest account you can (mostly 1st mortgage), and send extra payments to higher interest debts first.
It does not adds up and sounds like a scam to me. Paying off mortgage with HELOC and get charged $3500 and you will still owe the HELOC company interest. The only difference is that in addtion, you are short of $3500 pay to UFirst. No brianer. Stay away from it.
I caution people who make aligations when they have no verifiable evidence. I think I've said this more than once. You do not require a HELOC to use the MMA. It is the most efficient tool, but not the only one available. There are many options. Our company is constantly listening to Agent & Customer feedback to improve and make our service more easy to use and with more features they can benefit from. This is a wise investment for anyone with unsettled debt. See for youself with a FREE Analysis.
I've had an analysis. I have a MMA report. It can be beaten it with any number of free online mortgage calculators with a prepayment option, or better yet, the free Debt Snowball Calculator from Vertex42 -dot- com.
The MMA is slower than simple prepayment. That debate is long over - the comparisons are all over the Internet. Yes, the HELOC is the most efficient way to use the MMA, but simple prepayment beats the HELOC option, so that just means the other options with the MMA suck even more.
Honestly - you are are boring me. Nothing you say changes what is factual, proven and verifiably correct. The Money Merge Account works and is a phenominal tool to help eliminate debt. Also - you can talk until the cows come home...fact is, people want a plan that is simple, that educates and guides them. There are few people in the world who have the patience or the knowledge to properly eliminate debt without risk. If they did that, they would never need UFirst. But they do, and that is okay
Fine, post the debts, income and expenses for a typical homeowner, along with the MMA report analysis. I'll show you how painfully simple it is to beat it.
As for risk, you've called the MMA "risk free" before. What about rising interest rates? What about frozen HELOCs? On top of all the other negatives, the MMA is riskier than simple prepayments.
Let's talk about the $3500 investment. That is a cheap investment for phenomial results. Go see your financial planner or stock broker and ask him/her to provide with an investment that is 100% guaranteed. You'll get laughed out of the office. Funny thing though, we buy product every day that has various margins, and we never complain to the Retailer. But the ONLY argument ALL skeptics have about UFirst is the cost of our service. WOW!I invested $3500 and will get over $100,000 return!AWESOME!
I would like to make a comment about UFirst's website. Of course they have comments in there that advise ppl that not all Agents are financial Planners. This is because they are an honest, acredit company. Many Agents started off by becoming clients who loved the product so much and wanted to share it with everyone, joined our company. You don't require a degree to be educated about debt.I know, as a client & Agent what the MMA did for me. I has changed my life and future forever.
Tammy, you would be in less debt without the MMA.
Now, we've talked on YT over 6 months or so, and it just struck me that your last name is "Lowe-Boucher". I checked, and your upline is UFirst trainer Jayson Lowe. I don't know what the family relationship is, and I don't care, but I do know that as a "Senior Associate", you have between 6 and 12 sales, at an average commission of less than $1000 each. You probably made more money for Jayson. Does he know about the claims you make here?
I'm not really sure what you're point is at all. But you have something to say to me on a personnal level I would appreciate you keeping it to yourself or offline. It is professional courtesy. I do not name my clients or my colleagues. I do not report to Jayson or annyone for that matter. I am an Independent Agent.
Exactly - you're an independent agent. The agent agreement form you signed prohibits you from making the extraordinary claims you do make. You're only supposed to say "in as little as 1/2 to 1/3 the time". Note the "as little as". You go a damn sight further, claiming you'll be done in 1/12 the time.
That's where UFirst is brilliant - they recruit a bunch of financial illiterates, blind them with powerpoints, and if they screw up, they cut ties based on a broken agreement.
Actually you are incorrect. My own results are factual. I went from 25 yrs of debt payments to 2.4yrs to be exact. When Agents use the term "in as little as 1/2 to 1/3 the time" it is for the purpose of advising how much we could potential save a prospective client. Because we don't know their numbers in advance, however the "average" client is saving within this realistic range. I discuss my personal savings, not a hypothetical #'s. Again - you're really not making a point...
OK, then you have to back it up. Post your mortgage and HELOC statements.
To reduce a mortgage from 25 years to 2.4 years (assume 5% interest rate), you need to increase your monthly payment by a FACTOR of 4.7, whether it's with the MMA or simple prepayments (though simple prepayments will pay it off in 2.3 years).
If you have that much money coming in, then (a) you don't need software to tell you to apply it to your mortgage, and (b) this income obviously isn't coming from your MMA sales.
BTW, the point is that you've been at this for months, and haven't sold enough MMAs to make minimum wage. Ever wonder why the MMA doesn't sell? Did you ever think it's because it's a bad product at an outrageous price?
The secret, if you want to make money, is to recruit. Jayson knows this - that's why he focuses on training and recruiting, and not posting on YT. Each agent only has a few easy (friends and family) sales in them. Recruit a bunch of agents as downlines, and you're laughing.
Again - your comments are untrue and un verifiable. I am an Agent because I believe in the product and the company. I am a P/T Agent with other commitments in my life that I care not to discuss with you. I guess you ran out of arguments that now you just want to personnaly attack me. I choose to do with my time what I wish. I will also respectfully ask you to stop talking about Jayson. You don't know him and you are now being disrespectful.
What did I say about Jayson? He's your upline, he's a trainer, he recruits, and recruiting is more lucrative than selling. All statements are correct.
How many MMAs have been sold? 120,000 has been repeated online by agents. There are 60,000 agents. You agents have been victimized as much as clients. First, most of you are clients, and second, you pay to become an agent, you pay for backoffice access, websites, and other expenses, often to UFirst. Not much of a moneymaker, is it?
On a final note - I don't know a single Agent that talks about their income level or how much they earn. Agents do this because they are passionate about helping people and getting our country out of debt. We talk about commitment, financial freedom and saving families from stress and financial burdens that haunt them. Find me a CLIENT who use MMA who does not like the product. Sure, you'll find lots of ppl like you slandering us, that is expected...but not from a client. That is my evidence!
Once and for all, I will make it clear that MMA does not only function using an LOC. ANYONE can use the MMA. AN LOC is not required. Like many companies who have who have presented a new & dymanic concept, there will plenty of scepticism that follows. People once thought computer technology wasn't possible and bashed Bill Gates.Now we run half of our lives using that same technology. So instead of making un-founded, illegal, slanderous comments about UFirst - Educate yourself & speak to an Agent
Sure, you can use your credit card. What a dumb idea. There is some benefit to floating your expenses, but it's nowhere near the savings you allude to, and again, it's dangerous.
You can also use a savings account. I think a modest savings account is a good idea for liquidity on a rainy day. Paying $3500 to manage it is a monumental waste.
And "People once thought computer technology wasn't possible and bashed Bill Gates." What the heck are you on about now? You're clueless.
Actually I use my regular bank accounts. Saving over $100,000 isn't what I call wasting my time. How dare you think that people who are trying to find a simply plan to help them understand their finances & eliminate debt. What about the families who will save over $365,000 of interest they'll never have to pay - the years they are shaving off payment! I am a testimonial and so are UFirst clients. With a 98% retention rate, phenomial CST support and 100% guarantee! That is fact my friend...
The MMA works - period. UFirst Financial has the credentials to back it up as well! I was on path to paying off my debts in 25 yrs. Now, I am a client and Agent (Canada). I will eliminate all my debt in 2 yrs with changing banks, no refinancing, no change in payments! ZERO RISK! I have complete control of my income and I am always prepared for when "life happens" (ie: repairs, birthdays, travel) because I use smart software that runs like a GPS! I love MMA and so do my Clients!
You say you went from a projected payoff of 25 years to 2 years, with "no change in payments".
That's a lie. An obvious lie.
The MMA is slightly less efficient than prepaying your debts yourself. With or without the MMA, you need a lot of money coming in to accelerate your debts like that.
Your MMA is not a GPS - it is a boat anchor. People can do better than the MMA, for free, by paying higher rate debts first and sending what extra they can to their debts with their regular payments.
Wow?!Really?! You mean that's the real answer our debt crisis? I'm sure glad your expert opinion has saved so many families! *applause*
My clients tell me that they have been waiting for a service like the MMA for yrs. People buy a GPS so they can get from point A to B fast. When there's a road block or missed turn, the GPS recalculates, keeping you on path. Our service functions with the same concept. Simple, webbased, 24hr access, 100% client support. All you ever provide us is critism.
What your clients need is a budget and maybe a conversation with a credit counselor to show them a few simple steps. You a one of an army of 60,000 financially illiterate agents who have only managed to make about 2 sales per agent, on average. You may have done better than average, but from your claims, you've obviously done it on a pack of lies.
I guess for you , reality has not truly kicked in to the true debt crisis people are in. 90% of my colleagues are professionals in the lending industry, financial planners and we have recently opened a debt management division. You may have had a run in with an Agent that upset you or wasn't fully trained. Thus leaving quite a thorn in your side. I have proven results by the Clients that are actively applying our service and winnings far greater that you can ever promise. Spreadsheets don't work
By the way - my payments never changed! That is absolutely NOT a lie. I still pay my minimum pymts. I really don't know why you continue to portray yourself as an expert in debt. elimination? UFirst Financial received the award for Entrepreneu of Year for Financial Services by Ernst & Young. We have also been interviewed by numerous Financial and wealth magazines and received credible recognition. Have you?
Until you have you own Analysis and truly understand our service - you're clueless.
Of course your minimums never changed, but your MMA will direct you to make "transfers" to the mortgage and other debts from your HELOC. You're trying to borrow your way out of debt. Yes, there are some savings available by reducing the average daily balance of the HELOC with your paycheque, but you vastly overstate them. It's only $20/month or so, at best, which is wiped out by the interest on the MMA fee.
I don't "borrow my way out of debt". I leverage my way. How do you think the Banks have succeeded in become wealthy? By leveraging our income sitting stagnet in their accounts? If I took $500 out of my income to apply to debt, such as my mortgage and something happened (loss of job,car repair,unexpected bill..) I can't get that payment back. How many families do you think stress and fight over these issues? They all do.
You're not using "leverage" - you're using "arbitrage". You're spreading UFF marketing instead of looking up the meanings of these words yourself.
Your rainy day argument is null and void because with the MMA, you have no cash, only debt, and that LOC could be frozen by the bank at any time, leaving you in a pickle. The best bet is to have some money set aside in a savings account, but a LOC with a $0 balance is an option as well.
As for E&Y, they only sponsored the award, and did not review the nominations. Ask Andy Heaton at E&Y/Ethics.
And any company who can assemble a risk-free sales force of who have to pay them to become "independent contractors" and go out and sell access to simple, inefficient web-based software for $3500 deserves some kind of entrepreneurship award.
The mags who like UFF are small, ad-driven rags with no history or reputation. Kiplingers, Dave Ramsey and CNBC agree to avoid the MMA.
UFirst is on a mission to help people eliminate debt without risk, doing smart and it works around their habbit and constantly recalculates to keep them on path. No spreadsheet can do that.
Month end bank balance (minus) Contingency (equals) Extra debt payment amount
Take that money, and apply it to your highest interest debt first.
Now, you should always have a budget, but the above calc is all you need to outperform the MMA with the same income and expenses. You can see this in many places online. Google "money merge account scam" and follow the links to Fatwallet and Scam -dot- com.
By the way, I could really care less about your opinion of our company. I am a happy client and successful Manager and I believe this company is doing the right thing to help families become debt free and stress free.
Another note: You are the liar actually. Paying off debt by attacking the highest interest loan is the most ridiculous way to safely pay off debt. It is never that simple my friend, and it scares me that someone like you in actually telling people this!!
That paying the highest interest rates first is is fastest is easily proven mathematically, and articles on CNN, Financial Web, MSNBC and Bankrate, among others, all agree.
The MMA is endorsed by "True Wealth", "Personal Real Estate Investor Magazine", and other small, ad-driven publications that nobody has ever heard of. 100-year-old Kiplinger's Magazine warns against the MMA.
I'll message the links to you right now, because they won't post here. I'll send them to anyone who asks.
I would caution your continued efforts to slander UFirst. Keeping in mind that it is illegal to post comments that are not verifiable. There legal ramifications. None of your statements are verifiable. You saw a presentation a long time ago, dissagreed and now you're on a mission to slander our company. We simply help people eliminate debt, become smarter with their financial decision while using a simple tool that is 100% guaranteed. Spreadsheets don't work - people DONT USE THEM.
You should know that truth is a perfect defense against accusations of slander. UFirst knows exactly who I am, and I have met with an agent in Toronto. His name is Chris Jordan.
I've posted all over the Internet, because this product is one of the most morally bankrupt offerings I've seen. I've probably prevented hundreds or thousands of MMA sales.
If UFirst had a leg to stand on, they would have sued me by now.
I should say "helped prevent", because all I have to do is show people how easy it is to beat the MMA themselves. All I need is a simple amortization schedule showing prepayments.
It doesn't help the MMA when agents defend it by going on unrelated rants about Bill Gates.
The fact that you even use another person's name in your comment without their permission baffles me. Whenever a new concept comes along - people like you enjoy giving useless watercooler advice that only gets them deeper in debt. - Why? Because the average person does not have the financial accumen to make the right decisions. They don't understand how interest works or how they can effect it. People want a solution - that is why UFirst continues to grow and families are becoming debt free
What? I met with an agent, and now you have his name and you can ask him. Big deal. I didn't accuse him of anything more than being an agent, which, I suppose is bad enough.
My advice isn't "watercooler". I recommend people talk to professionals. UFirst agents are not professionals, and the UFirst website agrees. UFirst provides no training or tests for knowledge of amortization or any mortgage basics. You're an army of 60,000 financial illiterates.
I hate to break it to you, but it has been the poor advice of so-called Professionals and Bankers who have encouraged people into debt for hundreds of years. Ask my clients who constantly receive calls from these "Professionals" telling them they've been pre-approved for more credit (=debt), from Bankers to advise them into further risk by extending further credit, loans, etc...One of my clients had 3 mortgages on her home-multile balance&interest rates. Until they met me they had no plan.
Now they have a plan that is safe, risk free and gives them complete control. They know the effect of all their financial decisions. With a financial GPS always guiding them along they way.UFirst has a vision and a passion that truly helps people,and you have the nerve to insult Agents b/c you feel they are not professionals. The majority of my teammated are Mortgage Brokers,Realtors,Financial Planners. All of know how the MMA allows them to offer better services and financial products sooner.
We have been on this program for 4 months. We thought we were fairly financially savvy, as we have 4 houses, mutual funds, 401k (now virtually depleted!!!) but never realized that mortgage interest is so diabolical. We have saved over $35,000 in this short amount of time. We would have never have been able to do this on our own! Thank you UFirst!
Using the same money you gave to the MMA (as well as the $3500 to UFF themselves), you could have saved over $38500. You will fall behind a simple DIY approach by $3500, plus interest, for the life of the mortgages.
Mortgage interest is not "diabolical". Monthly, it's 1/12th the rate times the balance outstanding. It's easy to calculate how much of each mortgage payment is servicing interest.
Just send more money to the mortgage and it will knock down the balance, and bypass the useless MMA.
The simple math you speak of is to work out the advantage of "floating" your expenses with a credit card or HELOC, between paychecks.
In good cases, the MMA can save $2.50 per month. If people just sent the same money to their mortgages and bypassed their UFF agent, they would be ahead by $10K or more.
After monthly expenses are paid, just send as much as you can to the mortgage. That's it. You're ahead of the MMA.
I recently worked through some typical mortgage scenarios with UFF agent John Dillard. As it turns out, fair compensation for forcing someone to use the MMA would be to refund the entire purchase price, and pay them $2500 to make up for the inefficiencies of the software and the system. That still doesn't cover the extra time the MMA demands over simple prepayment, or the added risk of the MMA.
The MMA *should* cost $3500. Agents should be forced to pay that to their victims.
For a stupid comment like that, you sound like someone who deserves to pay 30 or 40 years on a mortgage, giving the banks hundreds of thousands of dollars in interest. Squawking over $3500 bucks, you pay more than that to refinance and start your 30-year cycle all over again.
I no longer have a mortgage. I doubled my payments and added lump sums when I could, and paid it off in record time. Here's the thing: The MMA needs extra money to accelerate a mortgage as well. See the FAQ on the UFirst website if you don't believe me. The HELOC or credit card are responsible for saving about $20 per month - about the monthly interest cost for borrowing $3500. Any large savings are due to extra "transfers" against the principal. If you think otherwise, show us. Use math.
Well let's see...my last client made an interesting comment to me after using the MMA for 3 months. "Thank you for sharing this amazing product with us. Our $3500 investment is saving us $365,000 of interest we'll never have to pay our Bank. We never thought we could actually see the day when we'd be debt free. Now we have a plan we can follow it using an fun and simple system! We love looking at our account everyday and know this has changed our lives." This is why I love UFirst!
By the way, can ANYONE authenicate this "news broadcast"? It appears to be an NBC broadcast, but the station is not being identified by their call letters, which is suspicious.....
It's supposed to be a local broadcast out of Las Vegas. It sounds more like an infomercial. Television news usually isn't this complimentary about something unless it is furry and cute and saved a family of 4 from a house fire.
I don't want to insult your intelligence, but if you look at the clip, you can see "Las Vegas" scrolling at the bottom; then you could search "NBC 3 Las Vegas" and get to their website, go to "Saving You Money" and see that the "news broadcast" is not suspicious. In fact, it is reported by a reputable reporter from a reputable news station.
To all, please be careful. There are some "alternative" products out there that allow you to combine your mortgage with your checking account. These hybrid products originated in Australia, and were not legal until recently.....I actually read about them several months ago. PLEASE BE CAREFUL!!!!! The products are far more predatory and dangerous that the loose lending practices that got us where we are today!!!!
as far as the Ernst & Young award....Ernst makes it real clear that they just sponsor these local awards, they have nothing to do with supporting or promoting u first. The company is a joke, and the new language on their own website is a result of strong legal oversight. The U first reps remind me of some sort of invasion of the body snatchers movie, many of them really believe in what they are doing.....their fervor is cult like and weird.
such a scam....the U first website now readily admits in their FAQ section that anyone can do this on their own. They also finally admit that the whole system is based on the premise that you have lots of "unused" money laying around every month. Apply that extra money to the principal of your loan and bingo!!!! You just paid $3,500 for nothing. The $3,500 software is just a glorified Excel spreadsheet that you access online...wow an online calculator developed by a NASA scientist,such a joke.
This is an ingenieous way to pay off your mortgage. Bankers front end load the mortgage because they know that we will refinance every 5 years or move so we will never pay it off. Most people who see this software and how it works enrole because they see the benefit in it, but some don't. They would rather get ripped off by their mortgage company by thousands of dollars each year, or they are to cheap to pay the price. They probably churn their own butter or operate on their own appendix
Since when is it "ingenieous" [sic] to borrow from a higher interest LOC to pay a lower interest mortgage?
This whole thing is a smokescreen. It's just basic prepayment, hidden behind a useless HELOC or an even more dangerous credit card. The MMA saves very little on its own. Anyone can beat this system by months, just by applying extra money to their mortgage. The vast majority of people who say otherwise are looking to share in a $2500 commission. For a piece of software that sucks.
Just a final thought on this cphansen, obviously you know far better (along with all the other bigoted skeptics) than all the professional editors of publications like,
Ernst & Young "United First Financial Takes Home Entrepreneur of the Year 2008" or Mortgage planner, Broker Banker, True wealth, and various other magazines and organizations that have openly and publicly endorsed Ufirst, maybe you should write to them and tell them that they are promoting a SCAM as you call it, how amusing!
E&Y Utah sponsored the award, but did not investigate the award winners. You can ask them.
Broker Banker, True Wealth, PREIM and other magazines that praise the MMA have *heavy* UFF advertising content and low numbers. Kiplinger's Personal Finance is a major publication, and warns against the MMA, as does the finance guru for MSNBC (this video is from an affiliate NBC station).
The MMA does nothing you can't do yourself easier and for free. The way it is marketed makes it a scam.
I Agree, if it's so easy to do why aren't all those verbose morons who are knocking the system paying off their mortgages in record time? probably because they are no good bozoos who cannot see the real potential of this because they are too busy knocking it, and i suspect the government, their friends, neighbors, society in general and anything else that comes into their narrow, self important, bigoted, idiotic, blind, field of view.
Get The Facts before showing yourself to be DUMB !
I'm against the MMA, and my mortgage was paid off in record time. I made extra payments against the principal. Anyone can, and it doesn't cost $3500 to do so.
As for your personal attack, I'll just point out that you posted your affiliate link to a cash gifting scam in your YT profile. You are an active participant in another scam, but you call MMA critics "dumb". Incredible.
spending $3k for this info is ridiculous! all u r doing is putting 100% of what u make towards extra principle reduction. the claim that u dont make extra payments is FALSE. u r putting every dime u make into ur mortgage! thats how it is paid off so quickly.
if u make $5k/mo and have $3500 in expenses, ur left over amount ($1500) is getting paid to ur mortgage. so u r paying this company $3000 for them to tell u to make a $1500 extra payment each month! this program is for idiots
Well I am a customer of UFF just using my savings account; no HELOC and I could not be happier. I own 2 homes and will pay them off in 9.5 yers. My question is.. If this is so simple to do on your own, then why are you not doing it? Or why are Americans still doing the same old thing..? It is called ignorance. And there is plenty of that in this forum. ..lol. This is funny.
Millions *are* prepaying their mortgages and saving thousands in interest. It's far easier and more effective than the MMA.
The ignorance is exhibited by those who somehow believe the MMA will save them time and interest on their mortgage. If you believe this, explain why, and use numbers.
The best the MMA can claim, is to modify behavior. With something that takes longer to do than sending extra income to the mortgage at the end of the month and pay it down faster. For free.
I was approached by a salescritter of this scam a few years back. Within a few hours of speaking with the agent the truth was out, the software did not in fact have a magical math formula. It was simply that the purchaser of the system (scammed individual) was pre-paying more interest on the first loan through the 2nd loan. The purchaser sees that they are paying down their mortgage faster, but think it is the HELOC doing magic. This is simply false, and the agent admitted it to me. STAY AWAY!
The cost to refinance far exceeds the $3500 Investment of the MMA. Refi costs are real costs that you never recover and you just start over in the front end loaded interest of your new mortgage. The MMA fee is an investment that you do get a return on. Congratulations to those of you that have that extra income and are debt free, but shame on you for wrongly influencing those that are not. Consumer, get the facts for yourself(not from those that haven't used or actually seen the program)& dec
Sure, they are a few that have the knowledge, discipline and extra income to apply to their mortgage every month, but most do not.I have 24 years in the Title Insurance Industry and have seen numerous programs as
this is great! lol
fivequotes 4 weeks ago
Fucking Retard!! There's no magic involved in this service.....DUMBASS!! If you didn't want to start a debate..............then don't post any messages towards me. If your not on the program then shut your fucking mouth.........you fucking DUMBASSS!!!! If this service was a scam then the government would have shut the company down back in 2006. But if you would have researched the company in the "BETTER BUSINESS BUREAU".................."UNITED FIRST FINANCIAL" has an A rating. FUCKHEAD
itsyourtraveltime 1 year ago
@itsyourtraveltime - Public Relations Manager for United First Financial
cphansen 1 year ago
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@itsyourtraveltime - Public Relations Manager for United First Financial
cphansen 1 year ago
If you owe debt, any debt at all, you owe principal ( the money you borrowed ) and interest ( rent for the money you borrowed ) Shuffling debt between accounts or paying accounts at different time will NOT magically pay off your debt in record time. If you owe $180,000 that money 180,000 US Dollars needs to be paid off. Tinkering around with other debt will not help.
stevenabb 1 year ago
THIS IS CRAP.... There is no super extra software super magic formula for paying down debt. Debt is debt... NO "financial program" will lower your debt or increase your income. Shuffling money around various accounts ( via software ) does not reduce debt.
stevenabb 2 years ago
@stevenabb funny my mother reduced her mortgage by $4,500 in 6 months using this program no matter how much you say it's crap. This is why I am hesitant to become an agent for this company I know it works yet americans are too dumb to get it for the most part. Even on this legit station you still doubt it even though they say people at the station use the program & it works yet you are too dumb to see it like most americans. Amazing how the U.S. population is so stupid.
coptic777 1 year ago
cphansen 2 years ago
LOL.. you guys are funny... THe MMA works just fine.. I have paid ALL of my debt off. O only have 3 years left on my rental house and 7 on my private home. Ufirst is going down the tubes because of their bad management, business dealings with other companies, and the economy.
masczone 2 years ago
You could have been months ahead without the MMA. There is no getting around that fact.
And if you still owe against your rental house and your home, you have *not* paid off ALL of your debt.
cphansen 2 years ago
@cphansen Yes there is you do not understand what you are talking about you just think you know. You will not beat the software period. Again the reason why I seen it work on my mothers mortgage yet I know most americans are simply too dumb to get it. Even w/ a station like this telling you it works still you say no. INCREDIBLE.
coptic777 1 year ago
@coptic777 The MMA will direct you to pay off a mortgage, but it will make you jump through needless hoops, like opening an intermediate account (like a HELOC) that actually slows the debt repayment process. If the MMA was a legit product, they would skip this useless intermediate account, but without it, it becomes obvious that all the MMA is doing is funneling all extra income to the mortgage. UFirst needs to make things look confusing to justify the cost. It's a scam.
cphansen 1 year ago
@CPHANSEN , you mentioned that it's a shame that SO MANY PEOPLE put their faith in UFirst. That's right BABY!! SO MANY PEOPLE bought the MMA PROGRAM.
Why, do you keep criticizing UFirst in trying to help people get out of DEBT. Like I said in the past..... why don't YOU CPHANSEN develop a program or make a video on YouTube, showing people how to pay off their debts. It seems you have the answer to everybodys DEBT problems.
CPHANSEN an ATHEISTwho has all the answers to everyones pain
itsyourtraveltime 2 years ago
@itsyourtraveltime
It's a shame, because they could have been $3500 further ahead with their debts, plus interest. The MMA does nothing you can't do better and with less effort on your own, for free. Some people just need some basic education in personal finances, but if you can put numbers into the MMA, you have the ability.
And yes, I don't believe in your god, or any of the thousands of gods who came before or after. That has nothing to do with this.
cphansen 2 years ago
@CPHANSEN
Wow!! That's great, 369 MMAs sold in November, at least it's not ZERO MMAs sold in November. That's 369 families who are going to become debt free in record time. Thanks for sharing that CPHANSEN.
CPHANSEN I see your still trying to spread bad news about UFirst. Tell me why are you putting down UFirst. You have nothing to do with UFirst. You've never used the MMA program, so you can not criticize the product.
itsyourtraveltime 2 years ago
@itsyourtraveltime
Look at the trend. It's rapidly approaching zero, and UFirst were laying off staff all of 2009. The national webinar schedule, once full of training and sales events, is now almost empty. Sales are down, income is down, and the buzz is gone, because people realize it for the scam that it is.
And I have used the MMA. I've used the same demo account Joetaxpayer used to prove the MMA was inefficient and mathematically broken. Look it up.
cphansen 2 years ago
The latest sales figures leaked from UFirst show November sales of 369 MMAs sold. That's down 89% from January of this year.
Something tells me that UFirst is not in the running for any more E&Y awards - even in Utah.
Total MMA sales are just over 50,000 (not 100,000), and have slowed to a trickle. Many top executives have left, and have not been replaced. Layoffs have gutted the company.
It's a shame so many people put their faith in UFirst, but it couldn't last. We've said it all along.
cphansen 2 years ago
CPHANSEN:
Here is some good news from BETTER BUSINESS BUREAU.
United First Financial's ratings went up from a D to a B+ within in a year. Now, what do you have to say to that BROTHER.
In my opion that tells me people are moving forward and supporting United First Financial. The benefits of using MMA out weighs what you are trying to preach about adding discretionary income every month. Some people don't have that discretionary income every month. So why not use the banks money!
itsyourtraveltime 2 years ago
cphansen aka itscraighansen:
What's up HATER!! I see your still at it coming on to these sites and posting up deceitful lies about UNITED FIRST FINANCIAL. I just found out that you are an ATHEIST, which means you have no faith in GOD. This really tells me a lot about you. It explains why you are on a mission to disrespect GOD and your fellow man. ATHEIST are very disrespecful, they believe that they are always right and everbody else is wrong. GOD SENT US A GIFT WHICH IS THE MMA!
itsyourtraveltime 2 years ago
More specifically, God sent the "gift" of the MMA to a bunch of Mormons, who own and make most of the profits from this scam. So unless you're a Mormon, you would be well-advised to get yourself to the nearest temple to convert and get yourself sized for their magical underpants ASAP.
cphansen 2 years ago
CPHANSEN:
No matter what religion you are involved with, UNITED FIRST FINANCIAL is giving positive results to homeowners from different walks of life.
Unlike you being an ATHEIST your goal is to bash UNITED FIRST FINANCIAL and to bash other people's beliefs. Why don't you ask yourself, "WHAT AM I DOING TO HELP HOMEOWNERS GET OUT OF DEBT?" Your answer is to add discretionary income every month to the mortgage. If that's the answer why are so many homeowners losing their homes?
itsyourtraveltime 2 years ago
I've explained countless times how to pay off your debt faster that UFirst will allow, with less risk:
At the end of every month, after the bills are paid...
[bank balance] - [contingency] = [extra debt payment]
Apply that extra payment to your highest rate debt. That's it. That is far more help than UFirst agents provide, and they charge $3500.
I'm not involved with any religion - not even UFirst. I'm quite content to be an atheist, but that has nothing to do with this discussion.
cphansen 2 years ago
CPHANSEN:
You didn't get my message.......majority of homeowners don't have that much discrectionary income to put towards their mortgage or other debt. They would rather spend it or put in savings. Majority of homeowners only have less then $100.00 after all bills are paid.
Another thing, did you visit the BBB to check United First Financial's rating? IT'S A B+ rating brother. What do you have to say to that?
itsyourtraveltime 2 years ago
If a homeowner doesn't have discretionary income, then the MMA won't work for them either. UFirst even says so, right in the FAQ of their website.
There is no magic math happening here. All the MMA is simple prepayment, with a smokescreen in front of it.
As for the BBB, that's 32 complaints. It goes up steadily, and UFirst is not BBB accredited. If you don't like the MMA, you have less than 1 week to request a refund. After that, you are SOL.
You're involved in a scam.
cphansen 2 years ago
True, it doesn't work if you don't have discretionary income, BUT if you have $1.00 let me say this again, if you have $1.00 in discretionary income you can make the MMA program work for you. Now, who doesn't have a dollar in discretionary income?
MAGIC! There is no magic involved in the MMA program, just pure math using a sophiscated calculator.
As for the BBB, that's 32 complaints out of 100,000 plus customers that have been resolved. 32 out 100,000 thousand plus users of the MMA.
itsyourtraveltime 2 years ago
If you bought the MMA and you still have $1.00 in discretionary income, you could have had $15.00 in discretionary income (at 5%) because you foolishly paid $3500 for a glorified egg timer to tell you when to pay more to your debts.
The MMA slows potential debt repayment. It slows it by saddling you with $3500 in additional debt, and it slows it with inefficient software, in control of a needless HELOC or other account.
cphansen 2 years ago
CPHANSEN:
Your statements are FALSE. The homeowner in the this news video clip will have his home paid off in 4.5 years. So tell me how does that slow down the process of paying the mortgage off. This homeowner invested $3,500 to pay his home off in 4.5 years saving him $300,000 dollars in interest saved. The cost of the program was rolled over in a line of credit, which means the bank paid for the cost of the program.
itsyourtraveltime 2 years ago
CPHANSEN:
If your so adamant in proving the MMA is wrong why don't you call coporate office and debate with one of the co founders of the company. Maybe you guys can go toe to toe in trying prove MMA is just MAGIC.
Another option for you is to fly to coporate office like others have to see if it's to good to be true.
I also noticed that you did not comment on my previous post, about SKYLER WHITMAN and JOHN WASHENKO co founders of UFIRST. A+ rating with their real estate company.
itsyourtraveltime 2 years ago
Congratulations, SKYLER WHITMAN and JOHN WASHENKO, for limiting your scamming ways to one of your companies.
cphansen 2 years ago
CPHANSEN:
This was a very very weak comment from you CPHANSEN. Looks like you ran out of clever things to say about UFIRST. Just face it UFIRST is here to stay. The main mission of this company is to get homeowners out of debt and to turn the American economy around. Where is the scam? Please pin point exactly where the scam begins. UFIRST resolved 32 complaints with the BBB which now has a B+ rating, in a few months the rating will be an A.
Face it CPHANSEN you've lost your debate.
itsyourtraveltime 2 years ago
cphansen 2 years ago
@itsyourtraveltime This is NOT A NEWS CLIP, it is fake. Why would anyone give $3,500 dollars to a sleezy group that needs to make FAKE news broadcasts? Is this how desperate these people are. An internet based webpage will not reduce your debt, shuffling money around different debt instruments does not reduce debt!!!
stevenabb 1 year ago
@stevenabb Here we go again, another JACKASS who thinks he knows the answer to AMERICA'S FINANCIAL DEBT PROBLEM. STEVENABB......what is your solution to AMERICA'S FINANCIAL CRISIS with DEBT???? You seem to know the answer to everyone's problem with debt.......so please show us how YOU can help your neighbor and family member pay off their mortgage and other debts in record time. PLEASE TELL ME THE ANSWER!!! FYI this news station is not fake, I've seen the website to the news station!!!
itsyourtraveltime 1 year ago
Fuckhead, obviously my intention is not to debate your "financial pixie dust" with someone selling "financial pixie dust". Everyone, if you owe a mortgage, no numbers printed on a computer screen will magically make that debt disappear. Shuffling money around bank accounts or different types of debt does not reduce debt. How can you pay off your mortgage in record time, 2nd job, sacrifice, buying an affordable house. Desperate people are preyed upon by scammers. Webpages don't make money...
stevenabb 1 year ago
@stevenabb
itsyourtraveltime 1 year ago
There is no scam involved with United First Financial. Just 100,000+ customers and growing. Like I mentioned earlier in a previous post, if it was a SCAM UFIRST would have been shut down back in 2006. No company would get away with stealing $3,500 from 100,000 people. If that was the case the owners of UFirst would be in jail.
itsyourtraveltime 2 years ago
CPHANSEN:
Here is some facts for you. SKYLER WHITMAN and JOHN WASHENKO are the co founders of United First Financial. They have a mortgage and real estate company in Utah and Colorado. These business have been operating way before UFirst. Their business has an A+ rating with the BBB and are also accredited with the BBB. One of these days, I believe the United First Financial will be accredited with the BBB. It will take some time.
What do you have to say about this CPHANSEN?
itsyourtraveltime 2 years ago
I have to say your CAPS LOCK is stuck.
cphansen 2 years ago
Money Merge Account sales figures for 2009:
Jan 3,473
Feb 2,177
Mar 2,428
Apr 2,058
May 1,353
Jun 1,092
Jul 849
Notice a trend? Notice how UFirst agents are "branching out" to other MLM scams? Agents, notice how you're not selling anything? Well, take heart - your fellow agents aren't selling either. ~65,000 agents, and 849 sales in July.
I know this isn't your strong suit, but do the math.
cphansen 2 years ago
cphansen
I need to know something...where did you get these figures? It's important.
Thanks
larry1961 2 years ago
The same person who forwarded me the master list of ~60,000 agents (it checks out). The same person who helped get Tammy's MMA report (under her own agent number). The same person who showed me that Tammy here is still only a "Senior Associate", and still has only one downline - Franklin Whitfield (#902005).
And I've had others contact me as well. Remember, UFirst is laying off staff. Once they stop getting checks, some ex-employees begin to realize that UFirst was not in it to help clients.
itscraighansen 2 years ago
One other thing to note. Tammy is an excellent example of a UFirst agent: She's loud, clueless, has been at this for over a year, and as I mentioned, is still a Senior Associate according to UFirst. That means she has either 2 or 3 sales, and has made either $900 or $1800 in that time. Meanwhile, she paid $175 to be an agent, has a replicated website, and probably other monthly UFirst-related expenses. In that year, she will be lucky to have broken even.
And now nobody can sell it.
itscraighansen 2 years ago
I find it hilarious and insulting of the lengths you'll go to post lies. Funny how you have a new account on YouTube though. Did you get booted for you libelous statements and are now trying to pose under a new alias. Regardless of your attempts to badger and insult. None one really has any interest in your comments. You have now put yourself in harms way of a law suit.
MortgageFreeForLife 2 years ago
"itscraighansen" is my gmail (alternate) email account, and if I wanted to have an "alias", I could have picked something a lot different from "cphansen". If I go to YT while logged into gmail, I end up in this account by accident. My cphansen account is still active.
Meanwhile, truth is an excellent defense against a defamation lawsuit.
Meanwhile, I've been thanked for my efforts by people who almost bought the MMA, and by a representative of the Consumer Action Law Centre in Australia.
itscraighansen 2 years ago
And here's my "still active" account. And because we shouldn't lose focus of these, here again are the Money Merge Account sales figures for 2009:
Jan 3,473
Feb 2,177
Mar 2,428
Apr 2,058
May 1,353
Jun 1,092
Jul 849
Tammy, even though math clearly isn't your strength, you have to see the trend. You aren't going to make any more money with this scam. Time to question your upline (Jayson Lowe) - not me.
cphansen 2 years ago
MMA sales for August 2009:
710
That's an 80% drop since January. Unless you're a UFirst agent. By UFirst agent math, January 2009 sales were up 500% over August 2009. ;)
cphansen 2 years ago
Not sure why jaybrown109 comment was removed? But here it is: "Unbelievable dialogue! Mortgage, I feel your frustration. I am also a client and the MMA has changed my life. These skeptics really have no dog in this fight because they have not taken the plunge and are scared to be proven wrong! I will admit I was extremely nervous at first but no one can take away factual results that have since eased my mind in a short amount of time. "
MortgageFreeForLife 2 years ago
Like it changed your life, MortgageFreeForLife? Like your 25 years to 2 years claim? From your own MMA report, you have no mortgage, only $60K in mostly credit card debt. Oh, and an extra $1800 per month coming in. Your credit cards would take 25 years to pay off if you paid the minimums and stuffed the $1800 under the mattress every month, true. But did you really need the MMA Express to tell you to apply that extra to your credit cards? Or did you even buy it? Most UFirst agents haven't.
cphansen 2 years ago
cphansen - that's a false statement you made. If you submit or reply to a comment, make it truthful. You have no idea what my income is or where my debt stems from. Your "opinions" about the MMA are only that - "opinions". However, you continue to badger ppl into believing that you have a financial debt cure that everyone can use.Give your head shake. There are many options for ppl to choose..the MMA is simply an option that is easy to use, & adaptable to each person or family. Quit harrassing
MortgageFreeForLife 2 years ago
Tammy (MFFL), I have your MMA report. It was circulated, along with the reports of a few of your fellow UFirst agents who made ridiculous claims, months ago. Google "Conversation With a UFirst Agent" to find a (now broken) link to the report, but don't worry, I have a copy at home. I'll be home Sunday night.
And what are you doing posting online again? You went quiet after I reported you to head office months ago. Was the compliance dept let go in the last round of UFirst layoffs?
cphansen 2 years ago
? I never circulated a report, nor do I chat on any Google Links. In fact I believe that you and other MMA haters have created false claims and reports in our names.
You;ve done this to gain an audience and I think it's sick.
BTW: I never went "quiet". But I know you'll say anything to your audience to make us look poorly. (aplause). As per usual you behave in the same manner as always: badgering, insulting, rude and dishonest.
I mean really? Get a life already :)
MortgageFreeForLife 2 years ago
Have you even tried the link I posted yesterday? That's your MMA report right there - created by you. $62K in credit card debt and auto loans, at interest rates up to 27.6%.
And I'm not saying you circulated it, but apparently UFirst did, or at least has incredibly bad security. Just one more reason to avoid them.
I've done nothing but tell you the truth about this company. The company and your upline have sold you a pack of lies, and you repeating those lies makes you just as bad.
cphansen 2 years ago 2
cphansen, your statement suggest that Agents are somehow engaging in improper, prohibited, dishonest or even elligal conduct. As such, your statement is defamatory and libelous. You are exposing yourself to court action and/or any damages they may suffer. You are free to conitnue to voice a comment, so long as it does not defame the integrity of another person(s) or character.
You may also need to know that this report is not mine and I will only ask once to stop making such claims. Thank you
MortgageFreeForLife 2 years ago
I'm not suggesting agents are dishonest, I'm stating it. There are two kinds of agents: Those who understand what they are selling (and sell it anyway), and those who are clueless enough to think they're helping their clients. I still suspect you might be in that latter group.
As for the report, YOU created it. In your name. It fits your "25 yrs in 2 yrs" claim. If you stick by that claim, post the MMA report you base it on. Then I can point out how easy it is to beat the MMA again.
cphansen 2 years ago
Tammy, here's your report, as promised:
mediafire. com /? sharekey = 08b2ee0dba7f57764c 17ca8801618ef7e 04e75f6e8ebb871
Copy-and-paste into your browser, and remove the spaces.
cphansen 2 years ago
Also, a question for you believers: Why do you think that Clark Howard and Dave Ramsey have both denounced the MMA as bunk?
schmeckendeugler 2 years ago
Just for the record schmeck, Dave Ramsey retracted his remarks but cannot endorse an MMA due to the fact that his own program is in competition with other MMA's
larry1961 2 years ago
Larry, that's a lie. Dave Ramsey has not retracted his comments about the MMA. His offerings include books and budget software. Once you control your expenses, you can apply more to your mortgage and other debts. Simple budget software will run circles around the MMA.
cphansen 2 years ago
cphansen,
He did retract, but has continued on. His sales must be stalling. An interesting fact...only 20% of all Dave Ramsey's clients who use his $80.00 software stick with it. Over 95% of U-First clients stick with theirs. I suppose you get what you paid for.
larry1961 2 years ago
Comment removed
MortgageFreeForLife 2 years ago
Great comment larry1961. Facts and numbers don't lie. But 'some' MMA haters will say anything to gain an audience. The truth is, when a company creates something revolutionary, there will always be skeptics and disbelievers. Well, they have a right to an opinion, but shouldn't badger people or force false claims and accusations down their throats. 5% of clients who are no longer using the MMA are those who are now debt free! Interesting:I've never heard an ill comment by an actual client yet.
MortgageFreeForLife 2 years ago
Citation, please. Where is this retraction?
I know you've been told, by UFirst, that 95% of clients "stick with" the MMA. That is a common talking point repeated at UFirst "webinars" and training sessions. But just stop and think for a second. What are they basing that on? This is not a subscription service - you can't cancel. You can't get out of the deal after 3 days have elapsed.
cphansen 2 years ago
cphansen,
I am not a walking coimmercial for this company. If I thought there was something awry, I would be the first to denounce it. I am just wondering how that you say these things without ever using the product or being approached by someone truly qualified to answer your questions.
larry1961 2 years ago
Of course there is "something awry". The MMA is a smokescreen. The software doesn't save you any money, there is no magic "algorithm", no application of "factorial math", and no reason to pay them $3500 for a glorified egg timer that tells you when to make an extra payment to your mortgage.
What you've done is written that Dave Ramsey retracted his criticisms of the MMA. I see no such retraction, nor has MSNBC or Kiplingers retracted their criticisms of the MMA.
itscraighansen 2 years ago
OK, larry has messaged me saying, "...my mention of his retraction was from another agent who said that he [Dave Ramsey] acknowledged that the system did work but would not post it beyond making the acknowledgement"
Now, even I will acknowledge that the MMA will direct you to pay down your debts. It will just do so in a convoluted, time-consuming and inefficient way, and it is sold with lies and deception. How's that for a "retraction"?
cphansen 2 years ago
There are two claims of this system which I do not believe: First, that your lifestyle will not change; and 2, that the $3500 is worth it.
You're just shifting money around.
schmeckendeugler 2 years ago
I do know that the MMA works since it is working for me and I do believe in helping people help themselves. I know that the internet has replaced "writing on bathroom walls" some folks so I will no longer respond to cphansen's comments since it simply gives them fodder to feed their need for attention. May God bless you, your family and friends.
jjamison30 2 years ago
Again, the MMA will accelerate a mortgage. It is just less efficient, more work, and comes with more risk than simply sending more money to the mortgage on your own, without the MMA.
If you really don't agree, I repeat my suggestion to post some sample monthly numbers and compare. I posted an unrealistic "best case scenario" savings by the MMA earlier in these comments. Check my math. If you insist I'm wrong, show me up.
You can't, because you have no idea what you're talking about.
cphansen 2 years ago
cp; I am about to purchase my first home (2 flat). I will be one of the renters and I have a renter below me already. I was reading your earlier formula "The simple formula to beat the MMA is:
[month-end bank balance after bills] - [contingency amount] = [prepayment to mortgage]" Since this will be my first mortgage, what does that mean to me and help me understand.
tr4900 2 years ago
Hi tr,
The Money Merge Account in this video professes to accelerate your mortgage and other debts. My point there is that simple formula will out-accelerate the MMA. Here's what you do:
After your monthly bills are paid, take a look at your bank balance. If you would be comfortable with a smaller balance (contingency), take the amount above your chosen contingency and send it in with your mortgage payment.
This is basically all the MMA is doing, without the smokescreen or the $3500 fee.
cphansen 2 years ago
UFirst agents will harp on this point if I ignore it, so what if you have more debts beside the mortgage?
First, keep up with the minimum payments. Then order the debts (including mortgage) from highest interest rate to lowest interest rate. Send your extra money at the end of the month to the highest rate debt first. Once that is paid off, the next highest, etc. Again, this will beat anything the MMA can do for you. Google "vertex42 debt snowball" for a nice, simple spreadsheet template.
cphansen 2 years ago
I should also note: Talk to your bank or mortgage professional first. (UFirst agents usually aren't versed in mortgages. My local agent is a salesman. Another is a carpet cleaner.) Your bank or lender will know your mortgage and any applicable penalties (if any) for prepaying (accelerating), and may be able to help you consolidate high interest debt into a lower interest loan, for example.
I hope that helps, but your mortgage professional can explain your situation better in person.
cphansen 2 years ago
Though I have pointed out how simple it is to beat the MMA for mortgage acceleration, I should also point out that one first has to decide if mortgage acceleration is the right decision to take in the first place. Some intelligent people correctly point out that mortgages are cheap money, and mortgage interest is tax deductible in the US.
However, this is a separate topic. While I believe in accelerating your mortgage, I don't believe in the MMA. I've done the math. Agents can't, or won't.
cphansen 2 years ago
MartgageFreeForLife, you know I feel sorry for cphansen. Unfortunately they have lots of time on their hands and the comment he sent me had a link to something they were selling. Of course I did not click on it since I am afraid that there could be a "trojan" in the link.
jjamison30 2 years ago
That is a bald-face lie. I never sent you any link, and I'm not selling anything. I'm an engineer from Toronto - I have nothing to gain by warning people about the MMA.
And don't feel sorry for me - I don't have a mortgage or any debts of any kind - my wife and I simply doubled our payments, added lump sums when we could, and paid off a 20 year mortgage in record time. Nor did we pay $3500 for the privilege of doing something we could already do for free.
cphansen 2 years ago
I am a client. The MMA works for me. I had a 15 yr mortgage. When my analysis was run I would have it paid off the 3.1 yrs. save $28,000+. I have since had a cut in income and the MMA automatically adj.. It is helping me keep on top of my spending. I will still pay off my home in 5.3 yrs. I think there are naysayers who do not understand. 25 yrs ago, when I sold computers ...they knew that there was no way most Americans would have computers in their homes by 2010--now they're on our hips.GBY
jjamison30 2 years ago
jjamison,
To cut your payoff from 15 to 3.1 yrs, you had to be paying 4X your regular monthly payments - with or without the MMA. Had you sent the $3500 MMA fee straight to the mortgage instead of to your agent, you would be ~2 months further ahead.
The simple formula to beat the MMA is:
[month-end bank balance after bills] - [contingency amount] = [prepayment to mortgage]
Send that prepayment with your regular payment, and you'll outperform the MMA every time, and it's easier than the MMA.
cphansen 2 years ago
You should also note that the above formula adjusts every month.
If you want a larger safety net, you can always hold on to a zero-balance HELOC, which is a much safer position in case of loss of income. With the MMA you (often) have a HELOC, but the MMA will already have a balance on that HELOC, leaving you a smaller cushion.
Do a google search for "ufirst fatwallet" or "ufirst scam" to learn more.
cphansen 2 years ago
Congratulations!!! I love hearing testimonies like this! Real people talking their experience, being a client of the MMA!
Yes - there are skiptics and naysayers. That is to be expected whenever there is a new concept being presented. When thousands of clients are seeing success, making better financial choices and can use a system that is simple, it is truly worth the investments and future savings!
MortgageFreeForLife 2 years ago
Comment removed
jaybrown109 2 years ago
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saveurhomeplease 3 years ago
As a U 1st client, I can say that the program is legitimate. I think the very best thing about the program is that it still works very regardless of what you may think about it.
natthms 3 years ago
Following the MMA will pay off your mortgage. It will just do so more slowly and with greater risk than accelerating the mortgage yourself without the MMA. Of that there is no doubt.
giantslalom25 3 years ago
Great, if you could provide verifiable evidence of how this will work.
I have positive cash flow and my house has fair amount equity and I am prudent for my personal finance. With or without HELOC, how could any one draw money from it without pay interest? No one will give you an interest free HELOC or what ever you call it for your normal expenses. Please provide some VERIFIABLE EVIDENCE and GURANTEE of success. I will be the first one sign up with you program:).
k95670 3 years ago 2
k95670,
UFirst agents will claim "interest cancellation" based HELOC interest being calculated on the average daily balance, but take a look at this best case (unrealistic) scenario: Borrow $5000 on the last of the month, and get paid on the first of the next month (HELOC @ 6%, mortgage 5%). One day HELOC interest is $0.83. Mortgage interest saved for the month is $20.83. The $3500 extra debt you're carrying costs $14.58/mo. Total MMA monthly savings = $5.42, in this best case scenario.
giantslalom25 3 years ago
Even these savings are dependent upon the HELOC being $0 for most of the month. In UFirst-published examples, the MMA maintains a balance in the higher-interest HELOC for the whole month, which is inefficient. That debt would be better off in the lower interest mortgage, but whether you have a mortgage or a HELOC or a CC, it is all debt that has to be repaid. Consolidate it in the lowest interest account you can (mostly 1st mortgage), and send extra payments to higher interest debts first.
giantslalom25 3 years ago
It does not adds up and sounds like a scam to me. Paying off mortgage with HELOC and get charged $3500 and you will still owe the HELOC company interest. The only difference is that in addtion, you are short of $3500 pay to UFirst. No brianer. Stay away from it.
k95670 3 years ago
I caution people who make aligations when they have no verifiable evidence. I think I've said this more than once. You do not require a HELOC to use the MMA. It is the most efficient tool, but not the only one available. There are many options. Our company is constantly listening to Agent & Customer feedback to improve and make our service more easy to use and with more features they can benefit from. This is a wise investment for anyone with unsettled debt. See for youself with a FREE Analysis.
MortgageFreeForLife 3 years ago
I've had an analysis. I have a MMA report. It can be beaten it with any number of free online mortgage calculators with a prepayment option, or better yet, the free Debt Snowball Calculator from Vertex42 -dot- com.
The MMA is slower than simple prepayment. That debate is long over - the comparisons are all over the Internet. Yes, the HELOC is the most efficient way to use the MMA, but simple prepayment beats the HELOC option, so that just means the other options with the MMA suck even more.
giantslalom25 3 years ago
Honestly - you are are boring me. Nothing you say changes what is factual, proven and verifiably correct. The Money Merge Account works and is a phenominal tool to help eliminate debt. Also - you can talk until the cows come home...fact is, people want a plan that is simple, that educates and guides them. There are few people in the world who have the patience or the knowledge to properly eliminate debt without risk. If they did that, they would never need UFirst. But they do, and that is okay
MortgageFreeForLife 3 years ago
Fine, post the debts, income and expenses for a typical homeowner, along with the MMA report analysis. I'll show you how painfully simple it is to beat it.
As for risk, you've called the MMA "risk free" before. What about rising interest rates? What about frozen HELOCs? On top of all the other negatives, the MMA is riskier than simple prepayments.
giantslalom25 3 years ago
Hear, hear. Never will you ever find it.
schmeckendeugler 2 years ago
Let's talk about the $3500 investment. That is a cheap investment for phenomial results. Go see your financial planner or stock broker and ask him/her to provide with an investment that is 100% guaranteed. You'll get laughed out of the office. Funny thing though, we buy product every day that has various margins, and we never complain to the Retailer. But the ONLY argument ALL skeptics have about UFirst is the cost of our service. WOW!I invested $3500 and will get over $100,000 return!AWESOME!
MortgageFreeForLife 3 years ago
Or, don't invest $3500 in the MMA, and get over $110,000 return with the same income and expenses.
The choice is painfully simple.
giantslalom25 3 years ago
I would like to make a comment about UFirst's website. Of course they have comments in there that advise ppl that not all Agents are financial Planners. This is because they are an honest, acredit company. Many Agents started off by becoming clients who loved the product so much and wanted to share it with everyone, joined our company. You don't require a degree to be educated about debt.I know, as a client & Agent what the MMA did for me. I has changed my life and future forever.
MortgageFreeForLife 3 years ago
Tammy, you would be in less debt without the MMA.
Now, we've talked on YT over 6 months or so, and it just struck me that your last name is "Lowe-Boucher". I checked, and your upline is UFirst trainer Jayson Lowe. I don't know what the family relationship is, and I don't care, but I do know that as a "Senior Associate", you have between 6 and 12 sales, at an average commission of less than $1000 each. You probably made more money for Jayson. Does he know about the claims you make here?
giantslalom25 3 years ago
I'm not really sure what you're point is at all. But you have something to say to me on a personnal level I would appreciate you keeping it to yourself or offline. It is professional courtesy. I do not name my clients or my colleagues. I do not report to Jayson or annyone for that matter. I am an Independent Agent.
MortgageFreeForLife 3 years ago
Exactly - you're an independent agent. The agent agreement form you signed prohibits you from making the extraordinary claims you do make. You're only supposed to say "in as little as 1/2 to 1/3 the time". Note the "as little as". You go a damn sight further, claiming you'll be done in 1/12 the time.
That's where UFirst is brilliant - they recruit a bunch of financial illiterates, blind them with powerpoints, and if they screw up, they cut ties based on a broken agreement.
giantslalom25 3 years ago
Actually you are incorrect. My own results are factual. I went from 25 yrs of debt payments to 2.4yrs to be exact. When Agents use the term "in as little as 1/2 to 1/3 the time" it is for the purpose of advising how much we could potential save a prospective client. Because we don't know their numbers in advance, however the "average" client is saving within this realistic range. I discuss my personal savings, not a hypothetical #'s. Again - you're really not making a point...
MortgageFreeForLife 3 years ago
OK, then you have to back it up. Post your mortgage and HELOC statements.
To reduce a mortgage from 25 years to 2.4 years (assume 5% interest rate), you need to increase your monthly payment by a FACTOR of 4.7, whether it's with the MMA or simple prepayments (though simple prepayments will pay it off in 2.3 years).
If you have that much money coming in, then (a) you don't need software to tell you to apply it to your mortgage, and (b) this income obviously isn't coming from your MMA sales.
giantslalom25 3 years ago
BTW, the point is that you've been at this for months, and haven't sold enough MMAs to make minimum wage. Ever wonder why the MMA doesn't sell? Did you ever think it's because it's a bad product at an outrageous price?
The secret, if you want to make money, is to recruit. Jayson knows this - that's why he focuses on training and recruiting, and not posting on YT. Each agent only has a few easy (friends and family) sales in them. Recruit a bunch of agents as downlines, and you're laughing.
giantslalom25 3 years ago
Again - your comments are untrue and un verifiable. I am an Agent because I believe in the product and the company. I am a P/T Agent with other commitments in my life that I care not to discuss with you. I guess you ran out of arguments that now you just want to personnaly attack me. I choose to do with my time what I wish. I will also respectfully ask you to stop talking about Jayson. You don't know him and you are now being disrespectful.
MortgageFreeForLife 3 years ago
What did I say about Jayson? He's your upline, he's a trainer, he recruits, and recruiting is more lucrative than selling. All statements are correct.
How many MMAs have been sold? 120,000 has been repeated online by agents. There are 60,000 agents. You agents have been victimized as much as clients. First, most of you are clients, and second, you pay to become an agent, you pay for backoffice access, websites, and other expenses, often to UFirst. Not much of a moneymaker, is it?
giantslalom25 3 years ago
On a final note - I don't know a single Agent that talks about their income level or how much they earn. Agents do this because they are passionate about helping people and getting our country out of debt. We talk about commitment, financial freedom and saving families from stress and financial burdens that haunt them. Find me a CLIENT who use MMA who does not like the product. Sure, you'll find lots of ppl like you slandering us, that is expected...but not from a client. That is my evidence!
MortgageFreeForLife 3 years ago
Why is it expected?
schmeckendeugler 2 years ago
Why is what expected?
MortgageFreeForLife 2 years ago
I think what he means is, why do you expect opposition? Especially from people who have nothing to gain from it?
Could it be that you know how bad and overpriced the MMA is?
cphansen 2 years ago
Once and for all, I will make it clear that MMA does not only function using an LOC. ANYONE can use the MMA. AN LOC is not required. Like many companies who have who have presented a new & dymanic concept, there will plenty of scepticism that follows. People once thought computer technology wasn't possible and bashed Bill Gates.Now we run half of our lives using that same technology. So instead of making un-founded, illegal, slanderous comments about UFirst - Educate yourself & speak to an Agent
MortgageFreeForLife 3 years ago
Sure, you can use your credit card. What a dumb idea. There is some benefit to floating your expenses, but it's nowhere near the savings you allude to, and again, it's dangerous.
You can also use a savings account. I think a modest savings account is a good idea for liquidity on a rainy day. Paying $3500 to manage it is a monumental waste.
And "People once thought computer technology wasn't possible and bashed Bill Gates." What the heck are you on about now? You're clueless.
giantslalom25 3 years ago
Actually I use my regular bank accounts. Saving over $100,000 isn't what I call wasting my time. How dare you think that people who are trying to find a simply plan to help them understand their finances & eliminate debt. What about the families who will save over $365,000 of interest they'll never have to pay - the years they are shaving off payment! I am a testimonial and so are UFirst clients. With a 98% retention rate, phenomial CST support and 100% guarantee! That is fact my friend...
MortgageFreeForLife 3 years ago
What retention rate? The only option until recently was a one-time $3500 fee, because everybody in your upline has to be paid.
Whatever you saved with the MMA, you could have saved more without it. $3500 plus interest more, with less work than the MMA.
giantslalom25 3 years ago
I love it when these charlatans compare themselves to Bill Gates/Thomas Edison/Henry Ford.
schmeckendeugler 2 years ago
The MMA works - period. UFirst Financial has the credentials to back it up as well! I was on path to paying off my debts in 25 yrs. Now, I am a client and Agent (Canada). I will eliminate all my debt in 2 yrs with changing banks, no refinancing, no change in payments! ZERO RISK! I have complete control of my income and I am always prepared for when "life happens" (ie: repairs, birthdays, travel) because I use smart software that runs like a GPS! I love MMA and so do my Clients!
MortgageFreeForLife 3 years ago
You say you went from a projected payoff of 25 years to 2 years, with "no change in payments".
That's a lie. An obvious lie.
The MMA is slightly less efficient than prepaying your debts yourself. With or without the MMA, you need a lot of money coming in to accelerate your debts like that.
Your MMA is not a GPS - it is a boat anchor. People can do better than the MMA, for free, by paying higher rate debts first and sending what extra they can to their debts with their regular payments.
giantslalom25 3 years ago
Wow?!Really?! You mean that's the real answer our debt crisis? I'm sure glad your expert opinion has saved so many families! *applause*
My clients tell me that they have been waiting for a service like the MMA for yrs. People buy a GPS so they can get from point A to B fast. When there's a road block or missed turn, the GPS recalculates, keeping you on path. Our service functions with the same concept. Simple, webbased, 24hr access, 100% client support. All you ever provide us is critism.
MortgageFreeForLife 3 years ago
"All you ever provide us is critism. "
That's all you deserve.
What your clients need is a budget and maybe a conversation with a credit counselor to show them a few simple steps. You a one of an army of 60,000 financially illiterate agents who have only managed to make about 2 sales per agent, on average. You may have done better than average, but from your claims, you've obviously done it on a pack of lies.
giantslalom25 3 years ago
I guess for you , reality has not truly kicked in to the true debt crisis people are in. 90% of my colleagues are professionals in the lending industry, financial planners and we have recently opened a debt management division. You may have had a run in with an Agent that upset you or wasn't fully trained. Thus leaving quite a thorn in your side. I have proven results by the Clients that are actively applying our service and winnings far greater that you can ever promise. Spreadsheets don't work
MortgageFreeForLife 3 years ago
By the way - my payments never changed! That is absolutely NOT a lie. I still pay my minimum pymts. I really don't know why you continue to portray yourself as an expert in debt. elimination? UFirst Financial received the award for Entrepreneu of Year for Financial Services by Ernst & Young. We have also been interviewed by numerous Financial and wealth magazines and received credible recognition. Have you?
Until you have you own Analysis and truly understand our service - you're clueless.
MortgageFreeForLife 3 years ago
Of course your minimums never changed, but your MMA will direct you to make "transfers" to the mortgage and other debts from your HELOC. You're trying to borrow your way out of debt. Yes, there are some savings available by reducing the average daily balance of the HELOC with your paycheque, but you vastly overstate them. It's only $20/month or so, at best, which is wiped out by the interest on the MMA fee.
The MMA will always trail a simple DIY approach.
giantslalom25 3 years ago
I don't "borrow my way out of debt". I leverage my way. How do you think the Banks have succeeded in become wealthy? By leveraging our income sitting stagnet in their accounts? If I took $500 out of my income to apply to debt, such as my mortgage and something happened (loss of job,car repair,unexpected bill..) I can't get that payment back. How many families do you think stress and fight over these issues? They all do.
MortgageFreeForLife 3 years ago
You're not using "leverage" - you're using "arbitrage". You're spreading UFF marketing instead of looking up the meanings of these words yourself.
Your rainy day argument is null and void because with the MMA, you have no cash, only debt, and that LOC could be frozen by the bank at any time, leaving you in a pickle. The best bet is to have some money set aside in a savings account, but a LOC with a $0 balance is an option as well.
You can do that, and still beat the MMA.
giantslalom25 3 years ago
As for E&Y, they only sponsored the award, and did not review the nominations. Ask Andy Heaton at E&Y/Ethics.
And any company who can assemble a risk-free sales force of who have to pay them to become "independent contractors" and go out and sell access to simple, inefficient web-based software for $3500 deserves some kind of entrepreneurship award.
The mags who like UFF are small, ad-driven rags with no history or reputation. Kiplingers, Dave Ramsey and CNBC agree to avoid the MMA.
giantslalom25 3 years ago
UFirst is on a mission to help people eliminate debt without risk, doing smart and it works around their habbit and constantly recalculates to keep them on path. No spreadsheet can do that.
MortgageFreeForLife 3 years ago
One calc in your head can do that:
Month end bank balance (minus) Contingency (equals) Extra debt payment amount
Take that money, and apply it to your highest interest debt first.
Now, you should always have a budget, but the above calc is all you need to outperform the MMA with the same income and expenses. You can see this in many places online. Google "money merge account scam" and follow the links to Fatwallet and Scam -dot- com.
giantslalom25 3 years ago
By the way, I could really care less about your opinion of our company. I am a happy client and successful Manager and I believe this company is doing the right thing to help families become debt free and stress free.
Another note: You are the liar actually. Paying off debt by attacking the highest interest loan is the most ridiculous way to safely pay off debt. It is never that simple my friend, and it scares me that someone like you in actually telling people this!!
MortgageFreeForLife 3 years ago
That paying the highest interest rates first is is fastest is easily proven mathematically, and articles on CNN, Financial Web, MSNBC and Bankrate, among others, all agree.
The MMA is endorsed by "True Wealth", "Personal Real Estate Investor Magazine", and other small, ad-driven publications that nobody has ever heard of. 100-year-old Kiplinger's Magazine warns against the MMA.
I'll message the links to you right now, because they won't post here. I'll send them to anyone who asks.
giantslalom25 3 years ago
I would caution your continued efforts to slander UFirst. Keeping in mind that it is illegal to post comments that are not verifiable. There legal ramifications. None of your statements are verifiable. You saw a presentation a long time ago, dissagreed and now you're on a mission to slander our company. We simply help people eliminate debt, become smarter with their financial decision while using a simple tool that is 100% guaranteed. Spreadsheets don't work - people DONT USE THEM.
MortgageFreeForLife 3 years ago
You should know that truth is a perfect defense against accusations of slander. UFirst knows exactly who I am, and I have met with an agent in Toronto. His name is Chris Jordan.
I've posted all over the Internet, because this product is one of the most morally bankrupt offerings I've seen. I've probably prevented hundreds or thousands of MMA sales.
If UFirst had a leg to stand on, they would have sued me by now.
giantslalom25 3 years ago
I should say "helped prevent", because all I have to do is show people how easy it is to beat the MMA themselves. All I need is a simple amortization schedule showing prepayments.
It doesn't help the MMA when agents defend it by going on unrelated rants about Bill Gates.
giantslalom25 3 years ago
The fact that you even use another person's name in your comment without their permission baffles me. Whenever a new concept comes along - people like you enjoy giving useless watercooler advice that only gets them deeper in debt. - Why? Because the average person does not have the financial accumen to make the right decisions. They don't understand how interest works or how they can effect it. People want a solution - that is why UFirst continues to grow and families are becoming debt free
MortgageFreeForLife 3 years ago
What? I met with an agent, and now you have his name and you can ask him. Big deal. I didn't accuse him of anything more than being an agent, which, I suppose is bad enough.
My advice isn't "watercooler". I recommend people talk to professionals. UFirst agents are not professionals, and the UFirst website agrees. UFirst provides no training or tests for knowledge of amortization or any mortgage basics. You're an army of 60,000 financial illiterates.
giantslalom25 3 years ago
I hate to break it to you, but it has been the poor advice of so-called Professionals and Bankers who have encouraged people into debt for hundreds of years. Ask my clients who constantly receive calls from these "Professionals" telling them they've been pre-approved for more credit (=debt), from Bankers to advise them into further risk by extending further credit, loans, etc...One of my clients had 3 mortgages on her home-multile balance&interest rates. Until they met me they had no plan.
MortgageFreeForLife 3 years ago
Now they have a plan that is safe, risk free and gives them complete control. They know the effect of all their financial decisions. With a financial GPS always guiding them along they way.UFirst has a vision and a passion that truly helps people,and you have the nerve to insult Agents b/c you feel they are not professionals. The majority of my teammated are Mortgage Brokers,Realtors,Financial Planners. All of know how the MMA allows them to offer better services and financial products sooner.
MortgageFreeForLife 3 years ago
We have been on this program for 4 months. We thought we were fairly financially savvy, as we have 4 houses, mutual funds, 401k (now virtually depleted!!!) but never realized that mortgage interest is so diabolical. We have saved over $35,000 in this short amount of time. We would have never have been able to do this on our own! Thank you UFirst!
quoi64 3 years ago
Way to go!
FinancialLeader 3 years ago
Using the same money you gave to the MMA (as well as the $3500 to UFF themselves), you could have saved over $38500. You will fall behind a simple DIY approach by $3500, plus interest, for the life of the mortgages.
Mortgage interest is not "diabolical". Monthly, it's 1/12th the rate times the balance outstanding. It's easy to calculate how much of each mortgage payment is servicing interest.
Just send more money to the mortgage and it will knock down the balance, and bypass the useless MMA.
cphansen 3 years ago
TOTALLY EFFING FAKE!!
WRONG! any person who can do SIMPLE MATH can see that it's total crap.
I love the retarted sponge analogy. So lame.
schmeckendeugler 3 years ago
You're not helping the cause with "retarted".
The simple math you speak of is to work out the advantage of "floating" your expenses with a credit card or HELOC, between paychecks.
In good cases, the MMA can save $2.50 per month. If people just sent the same money to their mortgages and bypassed their UFF agent, they would be ahead by $10K or more.
After monthly expenses are paid, just send as much as you can to the mortgage. That's it. You're ahead of the MMA.
cphansen 3 years ago
I recently worked through some typical mortgage scenarios with UFF agent John Dillard. As it turns out, fair compensation for forcing someone to use the MMA would be to refund the entire purchase price, and pay them $2500 to make up for the inefficiencies of the software and the system. That still doesn't cover the extra time the MMA demands over simple prepayment, or the added risk of the MMA.
The MMA *should* cost $3500. Agents should be forced to pay that to their victims.
cphansen 3 years ago
For a stupid comment like that, you sound like someone who deserves to pay 30 or 40 years on a mortgage, giving the banks hundreds of thousands of dollars in interest. Squawking over $3500 bucks, you pay more than that to refinance and start your 30-year cycle all over again.
nowfaith 3 years ago
I no longer have a mortgage. I doubled my payments and added lump sums when I could, and paid it off in record time. Here's the thing: The MMA needs extra money to accelerate a mortgage as well. See the FAQ on the UFirst website if you don't believe me. The HELOC or credit card are responsible for saving about $20 per month - about the monthly interest cost for borrowing $3500. Any large savings are due to extra "transfers" against the principal. If you think otherwise, show us. Use math.
cphansen 3 years ago
Well let's see...my last client made an interesting comment to me after using the MMA for 3 months. "Thank you for sharing this amazing product with us. Our $3500 investment is saving us $365,000 of interest we'll never have to pay our Bank. We never thought we could actually see the day when we'd be debt free. Now we have a plan we can follow it using an fun and simple system! We love looking at our account everyday and know this has changed our lives." This is why I love UFirst!
MortgageFreeForLife 3 years ago
By the way, can ANYONE authenicate this "news broadcast"? It appears to be an NBC broadcast, but the station is not being identified by their call letters, which is suspicious.....
JNSP60 3 years ago
It's supposed to be a local broadcast out of Las Vegas. It sounds more like an infomercial. Television news usually isn't this complimentary about something unless it is furry and cute and saved a family of 4 from a house fire.
cphansen 3 years ago
I don't want to insult your intelligence, but if you look at the clip, you can see "Las Vegas" scrolling at the bottom; then you could search "NBC 3 Las Vegas" and get to their website, go to "Saving You Money" and see that the "news broadcast" is not suspicious. In fact, it is reported by a reputable reporter from a reputable news station.
FinancialLeader 3 years ago
To all, please be careful. There are some "alternative" products out there that allow you to combine your mortgage with your checking account. These hybrid products originated in Australia, and were not legal until recently.....I actually read about them several months ago. PLEASE BE CAREFUL!!!!! The products are far more predatory and dangerous that the loose lending practices that got us where we are today!!!!
JNSP60 3 years ago
as far as the Ernst & Young award....Ernst makes it real clear that they just sponsor these local awards, they have nothing to do with supporting or promoting u first. The company is a joke, and the new language on their own website is a result of strong legal oversight. The U first reps remind me of some sort of invasion of the body snatchers movie, many of them really believe in what they are doing.....their fervor is cult like and weird.
CBDLLSBRG 3 years ago
such a scam....the U first website now readily admits in their FAQ section that anyone can do this on their own. They also finally admit that the whole system is based on the premise that you have lots of "unused" money laying around every month. Apply that extra money to the principal of your loan and bingo!!!! You just paid $3,500 for nothing. The $3,500 software is just a glorified Excel spreadsheet that you access online...wow an online calculator developed by a NASA scientist,such a joke.
CBDLLSBRG 3 years ago
This is an ingenieous way to pay off your mortgage. Bankers front end load the mortgage because they know that we will refinance every 5 years or move so we will never pay it off. Most people who see this software and how it works enrole because they see the benefit in it, but some don't. They would rather get ripped off by their mortgage company by thousands of dollars each year, or they are to cheap to pay the price. They probably churn their own butter or operate on their own appendix
wizbiz777 3 years ago
Since when is it "ingenieous" [sic] to borrow from a higher interest LOC to pay a lower interest mortgage?
This whole thing is a smokescreen. It's just basic prepayment, hidden behind a useless HELOC or an even more dangerous credit card. The MMA saves very little on its own. Anyone can beat this system by months, just by applying extra money to their mortgage. The vast majority of people who say otherwise are looking to share in a $2500 commission. For a piece of software that sucks.
cphansen 3 years ago
Just a final thought on this cphansen, obviously you know far better (along with all the other bigoted skeptics) than all the professional editors of publications like,
Ernst & Young "United First Financial Takes Home Entrepreneur of the Year 2008" or Mortgage planner, Broker Banker, True wealth, and various other magazines and organizations that have openly and publicly endorsed Ufirst, maybe you should write to them and tell them that they are promoting a SCAM as you call it, how amusing!
2freeradical 3 years ago
E&Y Utah sponsored the award, but did not investigate the award winners. You can ask them.
Broker Banker, True Wealth, PREIM and other magazines that praise the MMA have *heavy* UFF advertising content and low numbers. Kiplinger's Personal Finance is a major publication, and warns against the MMA, as does the finance guru for MSNBC (this video is from an affiliate NBC station).
The MMA does nothing you can't do yourself easier and for free. The way it is marketed makes it a scam.
cphansen 3 years ago
I Agree, if it's so easy to do why aren't all those verbose morons who are knocking the system paying off their mortgages in record time? probably because they are no good bozoos who cannot see the real potential of this because they are too busy knocking it, and i suspect the government, their friends, neighbors, society in general and anything else that comes into their narrow, self important, bigoted, idiotic, blind, field of view.
Get The Facts before showing yourself to be DUMB !
2freeradical 3 years ago
I'm against the MMA, and my mortgage was paid off in record time. I made extra payments against the principal. Anyone can, and it doesn't cost $3500 to do so.
As for your personal attack, I'll just point out that you posted your affiliate link to a cash gifting scam in your YT profile. You are an active participant in another scam, but you call MMA critics "dumb". Incredible.
cphansen 3 years ago
spending $3k for this info is ridiculous! all u r doing is putting 100% of what u make towards extra principle reduction. the claim that u dont make extra payments is FALSE. u r putting every dime u make into ur mortgage! thats how it is paid off so quickly.
if u make $5k/mo and have $3500 in expenses, ur left over amount ($1500) is getting paid to ur mortgage. so u r paying this company $3000 for them to tell u to make a $1500 extra payment each month! this program is for idiots
kajmobile 3 years ago
Well I am a customer of UFF just using my savings account; no HELOC and I could not be happier. I own 2 homes and will pay them off in 9.5 yers. My question is.. If this is so simple to do on your own, then why are you not doing it? Or why are Americans still doing the same old thing..? It is called ignorance. And there is plenty of that in this forum. ..lol. This is funny.
Miguel- Flight Paramedic
masczone 3 years ago
Millions *are* prepaying their mortgages and saving thousands in interest. It's far easier and more effective than the MMA.
The ignorance is exhibited by those who somehow believe the MMA will save them time and interest on their mortgage. If you believe this, explain why, and use numbers.
The best the MMA can claim, is to modify behavior. With something that takes longer to do than sending extra income to the mortgage at the end of the month and pay it down faster. For free.
cphansen 3 years ago
I was approached by a salescritter of this scam a few years back. Within a few hours of speaking with the agent the truth was out, the software did not in fact have a magical math formula. It was simply that the purchaser of the system (scammed individual) was pre-paying more interest on the first loan through the 2nd loan. The purchaser sees that they are paying down their mortgage faster, but think it is the HELOC doing magic. This is simply false, and the agent admitted it to me. STAY AWAY!
drunkphunk 3 years ago
The cost to refinance far exceeds the $3500 Investment of the MMA. Refi costs are real costs that you never recover and you just start over in the front end loaded interest of your new mortgage. The MMA fee is an investment that you do get a return on. Congratulations to those of you that have that extra income and are debt free, but shame on you for wrongly influencing those that are not. Consumer, get the facts for yourself(not from those that haven't used or actually seen the program)& dec
ken658 3 years ago
Sure, they are a few that have the knowledge, discipline and extra income to apply to their mortgage every month, but most do not.I have 24 years in the Title Insurance Industry and have seen numerous programs as