8 thoughts on “Is the The Money Max Account From United Financial Freedom a Scam?”

  1. So this scam has *another* new name? Let’s recap:

    Accelerated Equity
    United First Financial (Money Merge Account)
    Worth Unlimited
    United Financial Freedom (Money Max Account)
    Along the way is was also marketed as the P.I.L.L. Method by some incredibly unsophisticated individuals, and sold through Market America as a white label product.

    That’s a lot of names for a company and product I was told, more than a decade ago, would revolutionize the mortgage industry.

    That this product is inefficient has been well documented. But there is something I’m not up on, which I want current agents to answer:

    Is there yet a print function?

    That is, can a user print a monthly summary from the Money Max Account software?

    See, if you can’t print a monthly summary, you can’t demonstrate anything or show anyone. In fact, not only did v4 not have a print function, you were forbidden by your user agreement from using your browser’s Print Screen function.

    Long gone are the days when UFirst employees would leak internal emails to me. Everyone inside knows this is a scam. If you want to get out of debt faster, step one (after reduce your spending and increase your income where possible) is to consolidate your debts in lower interest loans/mortgages. Step 2 is to pay off higher interest rate debts first. Pay more that minimum payments. Pay as much as you can afford toward those higher rate debts.

    That’s it. Anyone who tells you differently is trying to charge you even more money and leave you in a worse position. Either because they want to take advantage of you, or they are completely ignorant of basic personal finances.

    Wanting something to be true does not make it true. This is a terrible product, created by a predatory company, using a MLM sales force that is breathtakingly bad at simple math. Before you sign on with them, talk to more people. The vast majority of the smart people who are good with money and who care about you will agree with me. The people who disagree with me want $3000 out of you.

    • No print feature and a contractual block to do a print screen. If that’s true that would be a red flag.

      Your steps to dig out of debt are spot on. It’s not magic, just math.


  2. I have the program and my wife and I love it! When we had our complimentary debt free analysis ran we were told our guaranteed pay of date was going to be 2.7 years, to our surprise we will be out of debt in 1.7 years. The beauty behind this program is: it doesn’t change your current lifestyle. We still go on vacation and out to eat dinner. I wish that someone would have shared this with me several years ago. As a by product of this service, it changed my behavior about money and credit! It also has a built in budget and you can even forecast future purchases to see if its a good decision or not. When something is easy to do people are more likely to do it and stick with it. I would highly recommend this to everyone!

  3. Here’s how Money Max works.
    Two parts:
    1. They show you how to use the bank’s money to give you a slight financial advantage. Its a pittance.
    2. The program ONLY works as advertised if you use 100% of your discretionally money at the end of every month to pay your bills, then as debts get paid, you use that money to pay your other bills.

    Conclusion, the software does NOTHING you can’t do on your own. Its a total waste of money

  4. Steve , can you go over the platform more than just the sales rep comp aspects? I think that would be helpful in determining wether it’s a good idea to sell. I could care less how they sell it and more about the proprietary advantage (if any) . It’s seems very advanced in how it takes ones debt and utilizes floats & leverage calculations

    • Dave,

      You have a number of issues to consider to reach your own conclusion.

      1. How easy is it for the average unsophisticated consumer to understand the program.
      2. How likely is it that the average consumer will achieve the promised results. You’d have to ask the company for that data and the FTC has guidance on how to calculate success rates. See the section “Making Truthful and Substantiated Claims” – https://www.ftc.gov/tips-advice/business-center/guidance/debt-relief-services-telemarketing-sales-rule-guide-business
      3. The more complexity you introduce, the more chances are that something will go wrong. When a consumer winds up not achieving the desired result the sales rep and the company will be the focus.
      4. You can knock years off a mortgage by making your first payment on the day you close and/or making bi-weekly payments.
      5. Paying off debt requires an underlying understanding of the consumer’s unique psychological approach to handling debt. What is their money personality and will they get a greater benefit of paying off debt by interest rate or the lowest balance approach?
      6. If a solution requires budgeting, at least half the population is unable or unwilling to do that consistently.
      7. If a buyer is willing to have someone else manage their money and live within the program recommendations then they might be a good customer.
      8. This might be of interest. https://getoutofdebt.org//50168/worth-unlimited-scam-comment-leads-to-missing-complaints-and-this-review
      9. It is odd that the vast majority of reviews you see online are 5 stars. That is not a normal cross-section of the public. When I see that it makes me wonder where the other reviews are. No 4 star reviews?
      10. I did find this review that paints the program in a different light. You might want to read the review and see what you think.

      “After 6 months, the program doesn’t do what I was told. I bought the software after listening to the presentation on how it can help my family pay my debt down. It sounded appealing. My only concern that I voiced to the agent was that since my only debt was a mortgage, I understood that I needed to pay more on the principal to really knock it out. I was convinced that it would accelerate even more so I purchased. After 3 training calls, I thought I had it down on how to use the program. However, it doesn’t seem to work properly. I verified my escrow for my mortgage, executed every action needed, but the numbers that the software updates to after the actions are not correct. I continue to have to manually adjust the amounts, which is a huge problem, considering way it was presented. I called in to speak with a rep on what we can do to reimburse me and cancel the service. I thought there had to be some way to recoup some of the $3000 investment made. To my surprise, there is not. I was told that since I acknowledged the cancellation form, which states you have 3 days to cancel, that there was nothing they could do but to continue to “train.” I declined, as you shouldn’t have to have someone update the numbers every few months for you. So, I escalated the call and spoke with the supervisor. I asked her the same, and was given the same answer. She stated, “we have folks call every day” to be trained. That’s discouraging. I asked for proof of my acknowledgement of the form, but it could not be provided. I also pointed out that I do not recall the agent ever mention the 3 day policy, but it didn’t matter. I then addressed the Money Max Account Warranty. It reads: “In the event that customer’s debts are not paid off by the Payoff Date and customer has followed all money transfers as directed by the Program, UFinancial will refund the purchase price of the Program excluding any finance charges that have been paid. If customer is not able to access the Program, UFinancial will troubleshoot customer’s issues and if it is determined that customer’s inability to access the Program is due to an issue with UFinancial and UFinancial is unable to resolve customer’s access issue within 30 days of receiving notification of UFinancial’s error, customer shall be entitled to a refund of the purchase price of the Program excluding any finance charges that have been paid.” I asked her if that means I need to wait the estimated 13.4 years before requesting the refund. She informed me that I will never get a refund. So, I asked what does the warranty cover then. I got no response, so asked again. She reiterated that there is no option for a refund and “stone-walled.” I told her that it’s a bit ridiculous to need to wait 13 years to ask for a refund when the 6 month history says it won’t work properly for myself. I’ve worked in call centers and knew that there was nowhere else to go to resolve the issue. I’m now out thousands of dollars because a program doesn’t function the way it was sold to function. The warranty that the selling rep told me would allow for a refund if it didn’t work is useless according to the call I had with the support team. I would love if someone from the company called me to discuss some sort of refund. I understand that I may not receive a full refund, but there has to be something that can be done to assist folks that are using the software properly, but it doesn’t do what it’s sold to do. The product is faulty for my situation. The warranty holds no substance, although they will tell you it’s valid. Read the fine print before signing anything (assuming you sign something). Purchase at your own risk.” – https://web.archive.org/web/20210222161722/https://www.bbb.org/us/ut/draper/profile/financial-planning-consultants/united-financial-freedom-1166-22317136/customer-reviews

      It does not appear the company responded to this consumer on the BBB site.

      Only you can make the ultimate determination on what you want to do and if this is a business opportunity that you feel comfortable with.


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