Want MAXIMUM interest savings?
 Imagine being able to pay your house off in as little as 8 to 12 years. With the revolutionary Money Merge Account (MMA) program it is now possible to pay off your mortgage in a fraction of the time. The three main components of the MMA program consist of your home mortgage, an Advanced Line of Credit (ALOC), and the MMA tracking system. Together these three components give you the ability to pay down your mortgage principal in as little as a third of the time. You are able to do so with little to no change in your standard of living or monthly cash flow!
The concept involves making a principal reduction payment out of your ALOC to your home mortgage. This payment will reduce your mortgage principal balance making your normal monthly payments count towards more equity building and less on interest expense. That means you will build up equity in your home much faster. Also you will end up paying thousands less on interest expense, so instead of your hard earned cash filling the banks vault, it will go right back into your pocket. Then consider the possibilities you have after paying off your mortgage in such a shorter time. You could buy a second house or a brand new car; or even start planning for your retirement. If you took that monthly payment you’d still be paying on the traditional mortgage and invested it; depending on the return rate you receive; you could have hundreds of thousands of dollars or upwards of a million dollars built-up in a retirement account.
The possibilities are endless, so come in today to get your free analysis done with absolutely no obligation to you. Let us, The Kent Group, prove exactly how much money you could save with this revolutionary program.
For more information on the MMA program watch this great video.
Below is one possible scenario of the MMA program compared to a traditional 30 year mortgage.
HOW TO RAISE YOUR CREDIT SCORE 100 POINTS IN 45 DAYS
Sounds too good to be true? Not as much as you’d think. Try out these five simple steps to improving your own credit score…
you could see dramatic results!
- PAY YOUR PAST DUE ACCOUNTS.
Yes, this sounds obvious, but understand that credit scoring software severely penalizes you for having accounts with a past due balance. Making sure all of your accounts are current, and paying the amount that shows as being past due on the credit report can increase your credit score by a significant amount.
- TRY TO “GET RID” OF YOUR LATE PAYMENTS.
Contact all creditors that have reported late payments on your credit and request a good faith adjustment that actually removes the record of late payments reported on your account. Be persistent, if they refuse to remove the late payments at first, remind them that you have been a good customer that would deeply appreciate their help. Call several times if you need to and ask for supervisors…persistence and politeness pays off in this scenario.
- REQUEST TO HAVE YOUR CREDIT LIMITS INCREASED.
Contrary to popular belief, having low credit limits on a credit card can actually hurt your credit score. Having low available credit limits affects your “actual debt to available credit ratio”. For example, if you owe a total card debt of $10,000 and your total credit available is $20,000, you are only using 50% of your total credit available. But if you have card debt of $10,000 and your total credit available is $15,000, you change your ratio to 66% of your available credit being used. The lower the percentage of debt to available credit the better, as it shows you are able to handle having credit available without running it up to the max.
- BECOME AN “AUTHORIZED USER”.
If you have a short and limited credit history, you can ask someone to add you to their credit card account as a joint account holder or an authorized user. When added, the primary account holder’s credit card will appear on your credit report. Credit scoring software will treat the added account as though it is your account and you will benefit from the low balance and the long payment history for that account. It is important to remember that being an authorized user is helpful for your credit score only if (1) the person is carrying debt below 10% of the credit limit on that card and (2) has had good payment history on the card for seven years or longer…and the longer the history, the better. Being an authorized user is potentially detrimental to your credit score if the person giving you the card either maxes out the credit or pays late, since this would report on your credit report too.
- DO NOT CLOSE YOUR OLD CREDIT CARDS, KEEP THEM ACTIVE.
15% of your credit score is determined by the age of the credit file. Therefore, even if your old credit cards have horrible interest rates, closing those cards will decrease the average length of time you’ve had credit…as well as increase your “debt to available credit ratio” as discussed in point 3. Use the old card at least once every six months to avoid the account rating to change to “Inactive”. Keeping the card active is as simple as pumping gas or purchasing groceries every few months, then paying the balance down. An inactive account is ignored by Fair Isaac’s credit scoring software, so you will not get the benefit of the positive payment history and low balance that card may have had in the past.
If you’d like more information on credit, you can call The Kent Group at (708) 375-5333. |
