Recently, the cat has been let out of the bag that UFirst Financial, the company selling the worthless “Money Merge Account” software via a multi-level marketing business model is on its last legs. Top members of the salesforce are plotting how to oust other sales people and keep the profits for themselves. The numbers show … Read more United First Financial is Being Shopped to Private Equity Groups
This was left as a comment on an article on this blog. I have no way to verify the accuracy of any of the information, but wanted to share it with my readers. As of June 2010, UFF is all but out of business. They had their last round of lay offs at the home … Read more United First Financial: Will the last person to leave please turn off the lights?
This was left as a comment on an article here about United First Financial (UFF) and their Money Merge Account (MMA). Tracy, I wish I had read this earlier, like 2 months earlier. I did a Google search for paying down mortgages, and came across UFF’s Money Merge Account. I looked through the website, testimonials, … Read more A Victim of United First Financial Speaks
More than a year after I started to write about the evils of United First Financial, its representatives are still trying to dazzle the crowds with bogus claims of factorial math. It’s become clear that the primary method for selling consumers on this ridiculously expensive software that the consumer doesn’t even own ($3,500) is by … Read more United First Financial: Don’t Believe the Hype
There is plenty of criticism here of United First Financial, Ufirst Financial, UFF, Money Merge Account, MMA, or whatever Google likes… One of the arguments UFF supporters always seem to throw out is the “money back guarantee” that UFF gives. I’ve been critical of this guarantee here, because I think it’s next to impossible for … Read more Will United First Financial Refund Your Money?
What a simple, yet eloquent explanation from one of our readers on the read deal behind UFF’s Money Merge Account (MMA). UFF is a SCAM. Borrowing at 8% to cover 6% loan will make you less money. Paying down your mortgage directly (instead of using HELOC) will put you ahead.
Not many people, that’s for sure. As with any multi-level marketing company, a tiny fraction of people at the very top of the recruiting pyramid make some money, and everyone else makes little to nothing. Here are the numbers posted on a UFF agent’s website in August 2008 (click to see full size):
United First Financial management has asked its agents to not participate on discussion forums, message boards, and blogs. Why? Because they’re having their hats handed to them. Simple math outdoes the UFF “factorial math” any time. Save the $3,500 and simply put your extra cash each month toward your debt with the highest interest rate. … Read more United First Financial Memo About Blogs and Forums
Today I received some interesting information on United First Financial, the company selling the $3,500 Money Merge Account. Here is a listing of all UFF agents (warning: large file download), showing that there are 59,703 agents on the rolls. The fee to sign up as an agent is $175. Multiply that by 59,703 agents, and … Read more United First Financial Broker Numbers and Earnings
A comment today by one of our readers on this thread prompted me to take a look at the United First Financial money back guarantee. If you’re a customer of UFF, good luck trying to get your money back. Sure, it sounds nice that they offer your money back. But if you take a look … Read more The United First Financial Limited Guarantee