Money Merge Account?
Written by General Seo on Apr 30th, 2010 | Filed under: Link Popularity
I am looking to purchase my first house in the very near future and a co-worker just told me about a new system of paying down debt much more quickly; it’s called a Money Merge Account. I was wondering if anyone has any experience with his type of account or knows anyone who has. Apparently, it is growing rapidly in popularity in the UK and Australia. To me it almost seems to good to be true to pay off your 30-year mortgage in 8-11 years. I will attach the link to a website my co-worker recommended. ANY comments/opinions would be GREAT! Thank you!
http://www.u1stfinancial.com/Default.aspx?tabid=115
This is not new, however, I’ve never heard it referred to as an MMA before. It’s always been true that if you add just one payment a year to what you’re already paying each month, it will cut your paydown time by years. Just one extra payment with all of it going to principal instead of most of it going to interest…
Take a look at this…
http://pjohnson.onesourcerealty.com/content/article.html/38932