Yesterday I wrote about my research on a multi-level marketing company called United First Financial. My problem with the company is not that what they’re selling isn’t good or doesn’t help people. The plan can help people pay down their debt faster. I just don’t believe handing over $3,500 for something you can get for far, far less makes sense.
The banking product utilized (mortgage accelerator loans) is available to consumers without this big fee. For a few hundred bucks up front, plus a very small annual fee (less than $100), you can get this product from a bank or mortgage lender. No need to shell out $3,500 up front!