Re: Re: Re: Re: REFINANCING YOUR MORTGAGE THROUGH THE PFS SALES DIVISION

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Posted by Mislead by PFS (12.72.138.8) on August 24, 2001 at 00:43:02:

In Reply to: Re: Re: Re: REFINANCING YOUR MORTGAGE THROUGH THE PFS SALES DIVISION posted by Vince on August 24, 2001 at 00:38:14:

--It's been gone for a while for new clients, but those who signed up for it can still participate in it.

: If there was "once a program called the Debt Freedom Program", it just goes to show that Ken, a disturbed old man, was making up the story. I know that there was no such program in the last 12 months, so Ken must be reliying on his frail old memory of what PFS sells. He maid up this person, he is a sick man.

: : Actually, there was a short-lived program at Primerica called the "Debt Freedom Program". It may have been before or after you were at Primerica. Primerica reps mainly used this with clients that they couldn't get qualified for a SMART loan, but it was also used with the mortgage clients as well. The DFP, was very expensive to set up ($700) and had monthly maintenance fees. Here's how it worked. The client had to commit to $100 in addition to what ever their monthly debt payments were. For the first seven months the entire $100 went toward the set up fee. After that, $90 went to pay extra on the debts and $10 went to the maintenance fee. The premise was the same as with the bi-weekly, send extra money, pay it off faster.

: : Ken, as for the work “flopportunity” it was around long before “freak” ever showed up.

: : As for the “intended victim” not dealing with directly with the loan company, Ken, you are wrong. It is possible and happens quite frequently. In fact, the “Solutions Center” as it is called, will take the application and complete everything except the closing right over the phone. The client need only give the name of the referring Primerica rep and then they can deal directly with the “Loan Company” as you called it.

: : Ken, as for your posting of “THE DEBT FREE STATEMENT IS JOINED TOGETHER WITH THE FNA TO ESTABLISH THE INTENDED VICTIMS NEEDS TO GET OUT OF DEBT”, you are wrong. The Debt Freedom Statement is NOT used with the FNA. The Debt Freedom Statement is a monthly statement that the client receives that shows them exactly where their extra $100 dollars is going and what debts are paid off, when each one will be paid off and how much total interest they have saved and paid by participating in the program.

: : As for anyone bashing and libeling you, Ken, that is not happening. What is happening is the correcting of your misinformed postings.




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