{"id":1496,"date":"2008-05-20T11:36:13","date_gmt":"2008-05-20T17:36:13","guid":{"rendered":"http:\/\/www.sequence-inc.com\/fraudfiles\/?p=1496"},"modified":"2012-01-02T11:06:22","modified_gmt":"2012-01-02T17:06:22","slug":"deception-in-the-sale-of-the-united-first-financial-product","status":"publish","type":"post","link":"https:\/\/www.sequenceinc.com\/fraudfiles\/deception-in-the-sale-of-the-united-first-financial-product\/","title":{"rendered":"Deception In the Sale of the United First Financial Product?"},"content":{"rendered":"<p>I found this <a href=\"http:\/\/www.fatwallet.com\/forums\/finance\/767134\">interesting description of the deception<\/a> involved in selling the United First Financial program to unsuspecting consumers for $3,500:<!--more--><\/p>\n<blockquote><p>These programs are sold *very* aggressively in the US as part of a multi-level marketing scheme by people who do not really understand what they are selling, but are highly motivated by a $1400 commission for each customer they reel in. Part of the pitch is nonsense, part of it is deception:<\/p>\n<p>Deception: While is it true that salary will gain a couple of dollars of interest each month as mentioned above, UFF would have the potential customer believe it is thousands a year. They do not say this, they just imply it. And it is wrong.<\/p>\n<p>Nonsense: There is no magic math that the MMA has invented or discovered. Early repayment simply requires that the a mortgage holder apply more of their paycheck to the mortgage.<\/p>\n<p>Deep Deception: The UFF program wants the customer to believe that the advertised quick mortgage pay-off happens from salary interest, and is inherent to buying the program, when in fact it happens when a bigger part of the salary is sent to the mortgage. This is why UFF always asks what the customer&#8217;s discretionary income is. The program assumes *all* discretionary income goes to the mortgage.<\/p>\n<p>Tell the UFF program there is no discretionary salary, and *poof*, the early mortgage payoff is gone. It is because of these deceptions that UFF is called a scam on this board.<\/p><\/blockquote>\n<p>Odd, that&#8217;s exactly what I&#8217;ve been saying about the program over the last week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I found this interesting description of the deception involved in selling the United First Financial program to unsuspecting consumers for $3,500:<\/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":[892,891,1190,889],"class_list":["post-1496","post","type-post","status-publish","format-standard","hentry","category-consumer-protection","category-pyramid-schemes-mlm","tag-mma","tag-money-merge-account","tag-uff-agent","tag-united-first-financial"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6Z0e-o8","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/1496","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=1496"}],"version-history":[{"count":0,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/1496\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/media?parent=1496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/categories?post=1496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/tags?post=1496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}