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| PROTECT YOURSELF FROM SCAMS! Research all business opportunities thoroughly, and never blow off other people's bad experiences. Ask around (and listen!). The Scams101 Message Board is a good place to start. What's that? You've found a Biz Op and you're wondering if it's endorsed by FIB?... Not unless it's listed in MaaMaw's Magnificent Toolbox. |
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FIB - Scams 101
Re: Accelerated Equity a.k.a. United First Financial
Posted By: JimmyDaGeek In Response To: Re: Accelerated Equity a.k.a. United First Financial (Sue Copening)
Date: Wednesday, October 24, 2007, at 8:03 p.m.(pst)
>> This software is SO EFFICIENT that we can generally take someone that
>> has ZERO discretionary income left over each month... they spend every
>> penny they make... but we can still knock 6 to 11 years off their 30 year
>> mortgage.This is utter BS. 6-11 years is the same as if they paid 1/12 of their mortgage each month, or more. Show us an example.
>> The software does it for you in about 10 minutes a month... and ...let
>> us face it. This is MATH... not horseshoes or hand grenades... common
>> sense is going to tell us that a guessing game, or math done by a human,
>> is never going to be as accurate as a software program.Oh yeah, not if I have a spreadsheet.
>> We tell people all the time they CAN do this concept on their own and
>> get similiar results. However since this software can save you $100,000,
>> $200,000, $300,000, (on average) in interest... SIMILIAR results could
>> still be $10,000, $30,000, $60,000 away from the results you would get by
>> stepping up to the plate and simply getting the right tool for the job.Not true. This software is designed to minimize the length of your mortgage, not the total amount of interest you pay. Show us an example.
>> You can use the software on up to 5 primary residences... so monthly
>> cost could be anywhere from $3 to $25 a month. To use something that is
>> going to have you completely debt free in as little as 8 to 11 years (on
>> average) and allow you financial freedom to put your kids through college,
>> retire early, etc.On average? Only if you have another 50% to 75% extra to put toward your mortgage. Lets look at an example. $200k @ 6.5% for 30 years - $1,264.14 payment. If you try a home-made 'biweekly' mortgage by dividing the total mortgage payment (including escrow) by 12, you might pay $130 extra per month, paying off the mortgage in 277 months. Change that to $250 and you reduce that to 239 months. At $500, the reduction is to 183 months.
>> The software is sold by independent agents... you must take a test and
>> score 95% and it cost $175 one time fee to sign up and have access to all
>> training, etc.If you have ever taken a certification test, you know that passing is more about memorizing information for the test, rather than really understanding the information. And besides, you will be tested on their material.
>> Our agents are generally... Finanical Planners, CPA's, Realtors,
>> Mortgage Brokers and Life Health Insurance professionals. Anyone can be an
>> agent though it is easier for folks that have credibility in those
>> industries.Oh sure, mainly mortgage brokers and insurance salesman, that's a comforting thought.
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| PLEASE READ THIS LEGAL NOTICE CAREFULLY BEFORE YOU FILE A LAWSUIT OR EVEN WASTE TIME THINKING ABOUT IT. It has been done before, but never successfully. In fact, the last dodobird who tried it ended up being ordered to pay more than $77,000 in attorney fees ($65,000+ to my attorneys and $12,000+ to my co-defendant's legal advisor).
If your attorney is worth his salt, he's going to tell you that the expense of filing a lawsuit you can't win is a whole lot worse than any "damages" resulting from messages posted on this insignificant little chunk of cyberspace. NEWS FLASH: I didn't just climb down off that ol' turnip truck yesterday. I'm well aware that expressing a negative opinion, relating one's personal experience, and restating provable facts are all legal in this country and do not constitute libel, slander, or defamation -- so you don't want to play games with me, and you sure don't want to start something you aren't prepared to finish. I don't take threats lightly, and I don't accept bribes (or did you call it a "mutually-beneficial arrangement"?). I'll turn you in faster than you can yell, "ARREST ME, I'M SCUM!!" Do yourself a favor and turn your legal team loose in greener pastures. Although we may, from time to time, monitor or review discussions, postings and the like on the Friends In Business (Scams 101) Message Board, we are under no obligation to do so. We are not responsible or liable for any claim arising from the content of any such discussions or postings or for any error, defamation, libel, slander, omission, falsehood, obscenity, pornography, profanity, danger, or inaccuracy contained in any information contained within such locations on the Site. You are prohibited from posting or transmitting any unlawful, threatening, libelous, defamatory, obscene, scandalous, inflammatory, pornographic, or profane materials or any material that could constitute or encourage conduct that would be considered a criminal offense, give rise to civil liability, or otherwise violate any law. You are likewise prohibited from posting any false claims against any company or individual. We will fully cooperate with any law enforcement authorities or court order requesting or directing us to disclose the identity of anyone posting any such information or materials. By posting messages and/or content on the Friends In Business (Scams 101) Message Board, you give permission for Lesley Fountain/Friends In Business/Shoestring Success Publications to display, distribute and use the posting and content for publication, advertising, promotion, excerption or example. You grant Lesley Fountain/Friends In Business/Shoestring Success Publications complete, perpetual, but non-exclusive rights to use, archive, reproduce, adapt, modify, distribute, sub-license, repurpose, rework, compile, or offer for sale or resale the messages, postings or content appearing on this site in whole or in part, throughout the world and universe, on a royalty-free basis without remuneration. If you cannot accept or agree with the terms of service for this website and discussion board, you are advised not to post on this board. In closing, I would like to remind you once again that it is still legal, in this great country of ours, to express a PERSONAL OPINION, as long as it is presented as opinion and not as fact. And finally, all you scammers out there will do well to remember that TRUTH IS AN ABSOLUTE DEFENSE against charges of libel, defamation, and slander... so if you're operating just a hop, skip, and jump ahead of the law, you might want to think twice before doing anything stupid... (AND SHAME ON YOU!!). |