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FIB - Scams 101

Re: Alternative Open Challenge - Link deleted by Moderator

Posted By: calvin
Date: Monday, December 7, 2009, at 1:26 p.m.(pst)

In Response To: Re: Alternative Open Challenge - Link deleted by Moderator (Nicholas St Jon)

>> >> My findings are you don't understand much about this, or you
>> are a
>> >> scammer. Pick your poison. First.....liquidity....ANYONE that
>> uses a
>> >> standard prepayment approach can get a HELOC and use it for
>> emergencies,
>> >> that isn't unique to MMA. If they can't get one...well, they
>> can't use the
>> >> MMA approach either. They could use credit cards....just like
>> everyone
>> >> else, at sky high interest rates if they don't pay down their
>> debt to
>> >> zero. End of story.

>> Its amazing the emotions this system evokes. I'll take it that you
>> didn't really mean to call me a scammer, beings the FTC, FBI, and the SEC
>> has not come and closed down a very legitimate company such as United
>> First Financial, even after 4 1/2 years of supposedly ripping people off.

First, it does invoke emotions when agents with no fiancial education or know- how whatsoever lie (by intent or not) to people to make a $3500 sale. And no, the FTC and company haven't shut down the UFF, because they skate the legal edge in their claims and let their "independent" agents cross the legal line into blatant lying, cheating, and stealing.

Second, those agencies don't need to bring down the UFF. The market is doing that for us. Sales are down to a tiny fraction of what they were before. You guys have shat all over the internet and been proven wrong time after time by honest people with at least a tiny bit of financial know-how.

>> I NEVER said only people with the MMA can get and use a HELOC, that
>> would be your assumption. It does just happen that many people never
>> learned about having a HELOC and we teach them the advantages and HOW to
>> utilize it best.

And utilizing it best is not using it to prepay their mortgage (espeically paying $3500 to do so when you can already do it for free), unless the HELOC rate is lower than the mortgage rate (and substantially for that matter), which only happens sometimes (and was not the case in the early UFF years).

>> They can utilize the MMA technology with or without a HELOC or even a
>> credit card, just so you're up to date about what we can and can not do.

I know exactly what you can do. A lot of smke and mirrors to make prepayments look like they are going further, which they really aren't.

>> >> Second....MMA IS additional payments, just funneling the
>> payments
>> >> through a middleman loan. It's just PAYING to make extra
>> payments. That's
>> >> why these systems lose. $3500 for the UFF system is an
>> absolute anchor in
>> >> the comparison. ~$15-$20 in addtional interest alone, not
>> counting the
>> >> actual $3500.

>> I NEVER said the MMA doesn't use additional payments, its just
>> isolating payments and applying them at a strategic time.

Did you know that changing the "timing" of prepayments makes little difference? If you ran the numbers, you'd find that out. Now if you funnel them through a higher rate loan, the timing matters...things can get worse than prepayments.

>> What I do understand better than the DIYers is that life gets in the
>> way and human nature typically lacks the discipline to stay on a program
>> for its duration.

Just like life could get in the way of MMA software. So what?

>> AND, as the DIY crowd so often states, simply add whatever you have
>> left over at the end of the month and apply THAT to your mortgage, I've
>> NEVER found anyone who does that, period. ALSO, no one getting an extra
>> paycheck on the bi-weekly plan says "Oh, look honey, we got an extra
>> paycheck, let's put it all towards our mortgage."

We'll I did it over the course of 6 years and paid off my house. I know about a dozen people that do that as well in real life, and have met countless online that claimed they did the same thing. Maybe you should hand out with more intelligent people? Who knows.

>> Your scenario is still in the realm of pure * THEORETICAL * and has NO
>> proof to back up its results.

??? Are you nuts? We've proved that simple full prepayments destroy the performance of the $3500 anchored MMA. We've run HUNDREDS of scenarios. MMA always loses. End of story.

>> On the other hand, tens of thousands of
>> people have paid the $3,500, been extremely satisfied with the results,
>> have had a great ROI, and reaped the benefits of utilizing the MMA system.

Well, more and more people are asking for refunds. We're working with a few more currently. Of course, the UFF refuses the refund even though their system was instructing users to make withdrawls from their checking accounts (read: not HELOC) that would take the balance negative and give them a world of hurt. The UFF is truly a dispicable company.

>> >> Third....survey 100 people to see if they missed additional
>> >> payments....anyone on "the system" can miss a
>> payment just like
>> >> someone doing it on their own.

>> >> So the obvious conclusion to our findings is....you don't
>> know what
>> >> you are talking about.

>> And another thing, yes anyone can miss a payment on ANY system
>> including the MMA. But unlike the DIY crowd, our system will continue to
>> help get them back on track and adapt to their situation day by day, week
>> after week, and month in and month out.

The DIY crowd can't get back on trackif they miss an extra payment? Why not? Writing a check is easy, and the math is easier.

>> Have you not known anyone to buy a gym membership and quit within a
>> few weeks? They plan on you NOT coming to the gym and over sell the
>> membership many times over. That's what United First Financial has learned
>> about human behavior that the DIY guys can't seem to grasp. That's MY
>> conclusion!

Now how about a better analogy. There are two gyms side by side. One's free. One's $3500. The $3500 one has about 5% LESS equipment, and the guys selling memberships are lying to you, saying there is FAR more equipment present. The free one has 5% more equipment, and you can use it however you want. Both have signs showing which equipment to use to do what. Both guarantee performance if you follow the steps. Neither guarantee anythign if you don't.

Hmmmm, $3500 for less or free for more?

Yes, we have established you really don't know what you are talking about.

>> And I've concluded you haven't read the forum rules before posting,
>> i.e., you don't get to promote a company, product, or bizopp in your post
>> and then link to it. When your post is unrelated to your business, your
>> link will be allowed.

>> Moderator

Oops, did you behave like a typicall UFFer and do something that wasn't right?

Too freakin' funny, SCAMMER.

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