A. Proper customer support is key in gaining the greatest possible savings with the "Money Merge Account™ system". While the system software is very user friendly, the lifetime customer support which comes with each new program activation is equally as valuable in achieving the greatest time and interest savings possible. There are many interest saving features built into the program and our client support center is highly trained in providing the homeowner with the greatest possible education and instruction under this system.
Q. How can a higher interest line of credit help to payoff my lower interest first mortgage?Can you give me more information on the workings of this program?
A. When repaying a mortgage, it's not the rate you pay that's most important. What matters is the total amount of interest you pay over the term of your loan. With the "Money Merge Account™ system" you use your line of credit to reduce the balance owing on your primary mortgage, and you reposition the money you have sitting in your checking and/or savings account to reduce the balance owing on your line of credit to shrink your interest charges. By repositioning your regular income to keep your line of credit balance as low as possible you significantly reduce the interest that would normally be charged on the line of credit. This means more of your money goes towards your principal balance each month, helping you repay your mortgage years earlier and save thousands of dollars in interest. The online software system and customer service provides crucial guidance as to the specific transfer amounts and timing that is needed to provide each individual homeowner with the best interest savings possible under this system. Optimum interest savings under this system is a delicate balance between your primary mortgage, your line of credit, your income, expenses, transfers, etc. If you transfer too much to your primary mortgage, it can cost you more interest on your line of credit. If you transfer too little, it can cost you "lost" interest savings on your primary mortgage. This system helps homeowners to reduce both the interest and time owing on their existing mortgage by strategically positioning their money where it provides much more financial benefit than "sitting stagnant" in a standard checking or savings account waiting to pay expenses. Also, unspent money that homeowners would normally leave in their checking and/or savings account is now working for them 24 hours a day without requiring them to change their lifestyle. When you need money for expenses, you can access it through your line of credit. Vast financial features and details programmed into the "Money Merge Account™ system" software help to better educate the homeowner and assist in the greatest time and interest savings possible under this system.
Q. What is the secret behind the "Money Merge Account™ system"?
A. There is no magic trick or secret type of loan or system that will let you own your home sooner. With the "Money Merge Account™ system", substantial savings are achieved by strategically and incrementally repositioning the unused money that you usually have “sitting stagnant” in a standard checking or savings account against the principal balance owing on your home until otherwise needed, without increasing your minimum monthly mortgage payments. When you need access to money you can draw money out through your Line Of Credit. Because much of the savings of this program come from homeowners repositioning the unused money that they normally do not spend and leave sitting in their standard checking or savings account, little to no lifestyle changes are needed. Many of the educational features in the "Money Merge Account™ system"software help homeowners to better see the cause and effect of the money they spend and the money they don’t spend. Many of the features programmed into the "Money Merge Account™ system" are based on what is called Behavioral Economics. The definition of Behavioral Economics is: A field of economics that studies how the actual decision making process influences the decisions that are reached.
Q. Is this a good program if I overspend on a regular basis?A. While the "Money Merge Account™ system" software and service does have the ability to educate homeowners on many of the "cause and effect" situations prior to spending money, if you have a tendency to overspend on a regular basis, the program is not the right program for you.
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