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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: An open Challenge to the United First Financial

Posted By: Calvin
Date: Friday, June 13, 2008, at 2:22 p.m.(pst)

In Response To: Re: An open Challenge to the United First Financial (...)

>> You made it sound like you're as clueless as what you're writing so I
>> thought I had to go to basics for you, something I have to do everyday for
>> people. What's so great about this is you don't know what U1st has done as
>> far as updates go and what customers can do and will be able to do as
>> opposed to two years ago, even less. I could go into debate about
>> discretionary income, how helocs work and why the mma actually works but
>> the people on here are so closed minded that there's no use. But, honestly
>> you haven't seen the full extent because as I keep saying, you're not
>> going to the source, but to agents which isn't how you're going to find
>> things out about the product.

i know the math behind the product, that's all that counts.

So you'll take my "Open Challenge to the UFF"?

You'll compare paying off a mortgage with the software versus prepayment for even the simplest of scenarios? You'll post all the money movements as directed by the software?

$200,000 mortgage, 6%, 30 year terms, minimum payment due on the 1st.
HELOC of 7%, interest based on average daily balance (unlike the UFF demonstrates on their own site where they do the math wrong :) )
$5,000 income, paid on the 26th of every month
$3,000 non-mortgage monthly expenses, all wrapped up on a credit card, balance paid in full on the 28th of each month
$5,000 in the bank, 3% interest rate (mine pays me 5%, 6% at one point)
HELOC balance starts at $3500 for you, $0 for me (and I won't touch it since I don't since there are no "emergencies").

it's Jan 1 of year zero. surely your amazing software can outperform my little old brain? :) I'm quite open minded. Enlighten me, oh great one.

i'm guessing you don't take this challenge since you and I both know you'll come out about 4 months behind with your $3500 software for the above scenario.

zzzzzzzz..........

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(you know who you are... you scream "Foul!" when the truth comes out)
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