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

  1. Thank you for this page and these comments.
    Having a new prespective on the Money Max system, I will instead drop a lump sum against my mortgage principal and make future extra payments against the principal, and in that way decrease my debt…without the added burden of their confusing software.

    *As a side note; I participated in a 1 hour presentation, that went to 2 hours, then a follow-up the next day that was equally confusing, so I stopped the call after asking for a video presentation be sent to me because the presenter had made the process unnecessarily confusing. The short video above (viewed at +1.75 speed), filled in the unclear pieces in 4 minutes!
    And the requested video presentation was never provided. Ugh

    -Steve

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  2. 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.

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    • 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.

      Steve

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      • Mike,,,regardless of how much someone or yourself paid,,, how long have you used it,,, and have you or have you not seen results,,,?

        Thanks!

        Winston

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    • Wow Craig, “The Company is a Scam” is a Strong Negative Assessment.

      I’d like to respond to this for those considering this program. This is an assessment from an actual user of the program for over 13 years. It’s a bit lengthly but I’ll assume people are showing up here because of research and are considering making the decision. I hope this helps.

      My husband and I have been using the Money Max Account since 2009 and I could not disagree with you more. To say that I have been consistently using a product that is a scam for the past 13 years is quite an alarming statement. I am so pleased with the Money Max program.

      I have nothing to gain by posting here but I will say the program has been EXTREMELY effective not only in getting out of debt, but building equity in our home extremely quickly as well. I will disclose for readers that I became an agent after using it 7 1/2 years because I wanted to wait to make sure the program performed exactly the way it was explained to me.

      In the beginning, I was COMPLETELY against this program because it seemed like a pipe dream, or a “scam” as you so eloquently put it. I told the sales person no THREE times. My husband convinced me to give it a try. I must say I’m glad I did and we wouldn’t do our finances any other way.

      The math algorithms used in the program along with the line by line, point and click generated prompts have been a complete life and time saver and is a far cry from the monthly spread sheets we once labored over at our monthly “finance meetings.”

      I will say, the program is not for everyone and it is the agents responsibility to understand the financial habits of the person they are selling the program to. For the person who has a spending or self discipline issue, I would NOT recommend Money Max. But neither would I recommend debt consolidation, debt settlement, or refinancing. That person needs debt counseling first to change behavior. In both cases, while taking the latter measures to reduce debt, he/she can put themselves right back into even more debt.

      The program IS perfect for those who are disciplined, looking to eliminate their debt in 1/3 to 1/2 the time, maintain their current lifestyle, see and track their financial goals along the way, all while knowing their EXACT debt payoff date and interest saved on their debts.

      I am sorry you feel this way about Money Max, but I can directly speak to it as I am a 13 year user of the product. Now, I’m not saying the results can’t be achieved without it but I know my husband and I were able to achieve results much faster. The $3500 I paid ONE TIME, 13 years ago, has already saved me nearly 201K in mortgage interest. And that’s on my current home. Not the previous home, 2 cars, student loans, and credit card debt we paid off in 7 years. In addition to those debts, over that 7 years, we put a child through college, and had a total of unexpected debt of nearly 97K that wasn’t in the original quote. Our original quote was to have everything paid off in 7.5 years and we beat that by 6 months, even with the unexpected debt.

      Money Max is not a pipe dream, it’s all calculated by a computer using banking strategies the banks use. I don’t have the mind of a computer, so I chose to have one do it for me and I must admit, it’s quite exhilarating to not have to spend hours in front of my computer, constantly calculating. Having this program really has been like having an accountant work for me for the past 13 years.

      I agree with one statement you have made. It would be nice to have a print feature because I would like to go back and run a report on time and interest saved. I’ve had to do that all by hand. But I understand proprietary property and the company has a right to keep it a secret.

      Finally,

      Regarding Money Max being an MLM or Direct Sales, many companies who have a product use sales agents to sell their product. It saves time, and money, It reduces overhead by tens of thousands of dollars in marketing and advertising costs. I do however (as it appears you do as well) take issue with sales agents or representatives who misrepresent the product or company in such a way that it gives the company a bad reputation. Spending $3,500 is not a small decision. I try as hard as possible to make sure I’m giving my clients full disclosure and set proper expectations so they understand completely what they are purchasing. Your comment encourages me to try even harder and to suggest additional training for others agents like me.

      In closing,

      To the person considering the program, Do buy the Money Max Program if you…

      1. Are disciplined
      2. Can stick with something and see it through
      3. Want to save thousands and even tens of thousands in interest
      4. Want to save hours of time in front of your computer (*disclaimer… the longest part about the Money Max is the set up. You have to enter all your information in). While yes it is math, having a computer continually re-calculate following each transaction, targeting the optimal date to make those transactions that will save you the maximum amount of interest is worth its weight in gold. Just saying… I don’t have the time nor patience to do that.
      5. Ever have an emergency and need help guiding you out of it. It works like a GPS, except for your finances.
      6. Are an investor and are looking for a way to quickly build equity for additional investments.
      7. Don’t want to do a debt settlement, loan consolidation or refinance (these programs charge fees as well and can be around the same amount as the cost of this program. And guess what, those people make commission off your loan as well.)
      8. Want to own this program for life and use it for multiple properties, loans, or other debts. And yes, you can will it to someone.
      9. Want a money back guarantee that it will do what it says it does. (*ok, here’s the fine print. You have to enter all the debts you want paid off & follow all the computer generated instructions. If you do this, and do not reach your quoted payoff date, you get your money back). So in other words, you can’t buy the program, stop using it and then decide 6 months or a year later that you want your money back. Here’s a second example… you purchase the program and you follow the prompts diligently and you go out and buy a boat. This changes your payoff date and you don’t like it. Again, it doesn’t work like that. THIS is why it is important to set proper expectations for clients. Full disclosure allows the buyer to make an educated decision.

      I would say don’t buy Money Max if…

      1. You are not a disciplined person. NOTHING will help that.
      2. You plan on stopping its use prior to seeing the results. It’s like working out… we can all want to lose weight, but only the person who sticks with it will achieve the greatest results.
      3. You have an addiction to making large purchases. You WILL have an actual quoted payoff date (we beat ours by 6 months). Each time you go out and purchase a car, boat, motorcycle, etc. that will add time to your payoff date. It won’t be an astronomical amount of time, but you delay seeing your end result.
      4. You want a print out. I didn’t need a printout, I simply used my loan statements and it told me how much interest I was saving on my loans. This doesn’t seem to be a deal breaker to me but to Craig, it is.
      5. Your expenses are greater than your income. The program will not work for you. I would suggest making some slight behavioral changes first then look into it.
      6.You enjoy hours in front of the computer running calculations yourself. That’s not me. Yes, it is math.

      Good day Craig. Sorry this response was so lengthy but I just wanted to give another opinion and give some justice to a program I believe is helping thousands of people.

      Reply

  3. 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!

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    • Sounds like a sales pitch. I’ve watch the videos and can understand using a lower interest rate LOC to pay bills and save money; however, do I need a software to to that?

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      • No, do it on your own,,, save the money on the purchase price,,, you may also save yourself a little frustration in the beginning having faith in the system as it makes it’s suggestions,,, but in the end,, you will have the freedom to do things your way,,, you just will not save as much and will not accomplish the same in the same amount of time,,,, in other words,, you can drive a horse, bicycle, Toyota, or a Ninja motorcycle,, they all work,,, just have different aspects to them,,,,,,

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  4. 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

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  5. 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

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    • 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.

      Reply

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