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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: Calvin In Response To: Re: Accelerated Equity a.k.a. United First Financial (Phil S)
Date: Thursday, July 31, 2008, at 7:33 a.m.(pst)
>> Of Course the whole objective is to pay more on your mortgage. But how
>> many of the average Americans are going to do it. Only about 5%.Go ahead and state how you came up with that number. I've come across many agents that use it, and it's REALLY funny when they show how they got it.
>> Surely you as an Engineer wouldn't fault another engineer who went
>> from a slide rule to a calculator becuse he could figure out how to payoff
>> his home mortgage faster by creating a special amortization schedule that
>> would tell him when is the optimal time to place a large payment of extra
>> principal, would you.Surely this engineer would VERY MUCH criticize someone for went from a free calculator to a LESS ACCURATE $3500 calculator. You cannot dispute that the MMA way of paying off a mortgage is slower than what any homeowner can already do on their own. The math simply isn't on your side.
>> Value is in the eye of the beholder. You someday will be the seller of
>> something and you will have a price that you want for it.I do agree. And information is the key determinant of value. If someone believes collectors will pay $1,000,000,000 for a 2008 Bob Smith baseball card, they might pay half that. Of course, if they had the information that no collector would pay $0.01 for it, their idea of the value would change. Agents out there completely drown prospective clients in false information in an attempt to over state the value of the MMA software. All we are doing is getting the truth out there. Don't like us telling the truth? Find another country, cause the truth is legal here.
>> If I see that the price of the MMA software is a bargain to me, then
>> who are you to judge whether or not I am an idiot or a genius. If I save
>> one hundred thousand in interest for the price of $3500, would I be a fool
>> or a genius?Easy. A fool. Because you could save probably ~$110,000 for free. If we both fly from LA to NYC on the same plane, you paying $3500, me for free when you had just as much access to the free ticket, who's the fool?
>> As a God fearing man, I have no need to lie here as I do not sell the
>> MMA program.Funny, most MMA pushers love to take the religious line. Unfortunately, many (not all) ultra-religious people tend to fall for scams from people of the same faith. There is an inherent trust there that unfortunately works to their detriment. you say you have no need to lie, but you berate me for telling the truth.
>>I have the knowledge to know right from wrong, good from bad
>> and true or false. Just as you said that I would have a clean house after
>> 36 months but still out $3600, I too could get of my rear end and clean it
>> myself. Just as a home owner with a mortgage could go out and learn about
>> accelerating thier own payments. BUT THEY DON"T. Thats the point.Actually, that's the sad thing. You are still doing all the work with the UFF. You have to login, catalog all your expenses and incomes, and still write all the checks. You are doing all the work still, save a few simple additions and subtractions. And yet, you are paying to do so. UFF agents love the oil change analogy (do it yourself versus paying). Unfortunately, that analogy only holds if they go to Jiffy Lube, pay 100 times too much, and have the attendant sit there and tell you how to do it and watch you.
>> Lighten up, so this program wasn't for you, and by now we all know
>> that we can just pay more on the principal of our loan. If you really want
>> to rant about something, read your whole life policy and see where you are
>> being scsmmed on your life insurance.They tried to sell this crap to my friend who couldn't afford it. They prey on the poor and the struggling, because they are easy marks. That wasn't a smart move, so I'm here to stay. And the agents really hate the truth. Tough!
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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!!). |