{"id":1492,"date":"2008-05-16T11:51:08","date_gmt":"2008-05-16T16:51:08","guid":{"rendered":"http:\/\/www.sequence-inc.com\/fraudfiles\/?p=1492"},"modified":"2011-08-15T23:35:06","modified_gmt":"2011-08-16T04:35:06","slug":"fun-with-numbers-i-can-save-you-19714-without-united-first-financial","status":"publish","type":"post","link":"https:\/\/www.sequenceinc.com\/fraudfiles\/fun-with-numbers-i-can-save-you-19714-without-united-first-financial\/","title":{"rendered":"Fun With Numbers: I Can Save You $19,714 (Without United First Financial)"},"content":{"rendered":"<p>Yesterday I wrote about my research on a multi-level marketing company called <a href=\"http:\/\/www.sequence-inc.com\/fraudfiles\/2008\/05\/15\/a-new-pyramid-scheme-united-first-financial\/\">United First Financial<\/a>. My problem with the company is not that what they&#8217;re selling isn&#8217;t good or doesn&#8217;t help people. The plan can help people pay down their debt faster. I just don&#8217;t believe handing over $3,500 for something you can get for far, far less makes sense.<\/p>\n<p>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!<!--more--><\/p>\n<p>And the computer software that UFF lets you use for the $3,500? It&#8217;s a complete waste of money. It&#8217;s nothing more than a fancy spreadsheet that tells you which debts to apply extra money to. With a little bit of financial education, when you have extra money, you&#8217;ll know exactly which debt to apply it to&#8230; no $3,500 fee necessary.<\/p>\n<p>I&#8217;m into providing value, so I&#8217;m going to show you how to pay off your 30 year mortgage 19 months early. And I&#8217;m not going to charge you a cent (unlike United First Financial). Here we go&#8230;<\/p>\n<p>You have a 30 year mortgage with a balance of $200,000 and an interest rate of 6.5%. Your monthly payment is $1,264, and you will pay it off in exactly 30 years. Over that 30 year period, you&#8217;ll pay about $255,000 in interest on that loan.<\/p>\n<p><strong>To save almost<\/strong><strong> $20,000: <\/strong>Take the $3,500 you were planning on paying United First Financial. Pay it to your mortgage company as an additional payment right now. You will pay off your $200,000 mortgage 19 months early. Over the 30 year period, you will save $19,714 in interest. No catch. No big up front fee. Free money for you because of my free advice here.<\/p>\n<p>Add to that the mortgage accelerator product you can get for a pittance from a bank (mentioned above) and if you use it correctly, you could save even more in interest. And you <strong>still<\/strong> don&#8217;t have to pay anyone $3,500 to do it!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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&#8217;re selling isn&#8217;t good or doesn&#8217;t help people. The plan can help people pay down their [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[824,184],"tags":[891,888,1190,889],"class_list":["post-1492","post","type-post","status-publish","format-standard","hentry","category-consumer-protection","category-pyramid-schemes-mlm","tag-money-merge-account","tag-uff","tag-uff-agent","tag-united-first-financial"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6Z0e-o4","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/1492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/comments?post=1492"}],"version-history":[{"count":0,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/1492\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/media?parent=1492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/categories?post=1492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/tags?post=1492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}