In 1971, The Who first sang, “Meet the new boss, Same as the old boss,” which came to mind as I started to read about Worth Unlimited, a mortgage acceleration program. Only it’s not a new program, it’s the Money Merge Account program only with a new name.
When MMA first came to my attention, I wrote numerous articles looking at it from every angle and debunked this as a fraud. A compilation of all the posts including guest posts and supporting data is available as a PDF. (Note – the PDF retained article links, some of which have gone dead.) It offers an un-reeditted overview of my analysis of the software and the claims of the agents who sell it. I didn’t edit out where I state early on that I didn’t think it a scam just a system that didn’t work, but later on, my opinion changes as I saw more agents making outrageous claim that were fraudulent. The song I quoted from? “We won’t get fooled again.” And that should be your response if anyone tries to introduce you to this product.
Aloha Joe,
I can’t believe that they are still around! I agree 100% with you that this program with their “algorithms” of complexity is a sham and people are better off plopping the $3000 (is it still $3000) onto their principal rather than waste it on a program that smells like a sleeze ball.
I am glad that I was able to get out of it, albeit a lot of wasted communications with the company. The Utah Better Business Bureau is the way to go – but make sure you format your situation on a word doc first and edit before cutting and pasting.
Keep on keeping on Joe. You’re the best!
With aloha and mahalo,
Aunty Sally
No, Aunty, now they wont say. It’s some percent of your savings with a maximum $3500. It’s still a scam, and the people selling it, innumerate.
You obviously don’t know much about this program nor have you tried it for yourself. Obviously whoever tried this that you spoke to didn’t use it correctly. Just like anything else stocks, annuities, IUL, etc. If you opt out early or don’t follow the plan those will not work for you just like the worth account. So please stop making unfounded and 0 experience remarks. People don’t have anything bad to say about it because those who use it correctly benefit from it. Many people have used it with much success.
You are welcome to read the 66 page PDF linked from this article, and address whatever facts I got wrong. Thank you for visiting and providing your feedback.
Joe,
I have recently been contacted about this through a friend and decided to research this. Thank you for this article and I would love to see your spreadsheet to compare.
Kind regards,
Lee