The other day I got some junk mail. It was from Foundation Capital, the usual junk. Pay off your house equity, then refinance it with as an option ARM with incredibly low monthly payments that can be made in four different ways. Nothing interesting there, I get these terrible offers all the time. This one stood out because of the testimonials.
I get a lot of mortgage company letters, but the letter from Foudnation Captial clearly showed me how I could get out of debt and regain control of my life. I spend the same amount monthly, but now a large sum goes towardsmy retirement!
James I..Certified Public Accountant
We do well financially, but we waste too much money. We explained this to our Foundation Captial loan consultant and he put togther a plan for us that paid all our debt and gave us one 15 year, fixed rate loan. That really put us back in control of our financial affairs.
David H…Financial Planner
1) So these financial professionals were both in serious debt.
2) Neither of them could figure out how to get out of debt on their own.
3) Both of them chose this method to get out of debt, which, by the way, is an excruciatingly stupid method and will leave them in worst debt than ever.
That’s a CPA and Financial Planner I never want to go to.