SLASH YOUR MORTGAGE ~ How to Eliminate More than Half Your Interest Debt
Special Report by G. Edward Griffin / Updated 2007, June 3
This is not debt-consolidation, debt-cancellation, or something-for-nothing. It is an ethical way to trim years off your debt and eliminate huge amounts of interest.
Those who are familiar with my book, The Creature from Jekyll Island; A Second Look at the Federal Reserve, know that I am a strong advocate of getting out and staying out of debt. Consumer debt is a trap in which people find themselves working all their lives to make exorbitant interest payments.
Home ownership is different. It is a foundation for financial security even though it may require debt. If we don't have sufficient capital to purchase a home outright, we have no choice but to borrow the balance, but excessive interest payments remain a serious problem.
There are numerous ways to reduce or eliminate interest payments, but the ones I have examined are too complicated, too expensive, or, in some cases, unethical. Now I have found one that has none of these handicaps and, frankly, I feel I have an obligation to tell you about it.
THE MONEY MERGE ACCOUNT (MMA)
Recently, I was introduced to a program that, although not new in concept, was unique in its implementation. The company is United First Financial, formed by two young men from the mortgage-lending business who wanted to help their clients acquire homes without being obligated to 20 or 30 years of debt. They developed a method to borrow money at one cost and use it to eliminate a much higher-cost mortgage. It is similar to rolling over a high-interest loan into a lower-interest loan, but the effect is a hundred times greater - and that is not an exaggeration. They call this unique program the Money Merge Account, or MMA.
I have examined this program closely and am happy to conclude that, not only does it work exactly as the company guarantees, it is entirely ethical as well. So I decided to add the MMA to the Reality Zone. If you are making mortgage payments, I highly recommend that you check it out. You will be amazed at the huge amount of interest you can eliminate and how much sooner you can achieve true home ownership.
Read the complete G. Edward Griffin article, including Q&A and responses to sceptics.
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