does anyone heard of this? this claims can reduce our housing financial

SUPEX had a "not-so-good-reputation" in the online community for property investor such as http://realestate.net.my/forum/ and http://www.myrealestate.com.my/

Yes I agree, the Supex guy is not straight to the point, he just want to hook you up so u will pay for his services.. Of coz, he will sweet talk and gave a very good picture during the seminar, but to get any actual work done, you hv to pay up..

Read here, http://www.realestate.net.my/forum/viewtopic.php?t=7555

and here, http://www.realestate.net.my/forum/viewtopic.php?t=3240

meaning that we dint manage to save on our housing financial?

What does it mean by reducing housing financial?
What is in your mind?
Easy steps....reduced your loan burden by earning more money.
Or in the start, loan less, or shorter tenor......
Once you're committed to the loan, tell me logically or sensibly how to reduce the burden besides earning more to pay the burden off?

What these guys do is to help you evaluate which package suits you the most. And they charge you for that. So why not do own research instead of paying them to do it? Give me the money and I'll help you choose a loan package, but obviously I wouldn't be responsible if one day you felt that it's worthless. That's what they do.

property also got this kind of con scheme.... tot only timeshare in tourism industry only....... rule of thumb.. our money, lets manage ourselves.

@boon
what i mean here is that they claim to help us save a lot in interest and thus reducing the total amount paid for a property. eg we buy a 200K house and in the end we paid 350K for that house becoz of the interest..meaning the interest is 150K...and they claim that they can help us reduce this amount (150K)..its hard to believe..thats y i ask opinion here..

siauann,
That's what I said, they helped you to choose the best offer thus help you save on interest.
They help calculate your monthly affordability and help you plan on how long to engage in your loan tenor and monthly repayment.
Be wise....
anyway, Kuya...it's not con. It's something like financial adviser.
But basically, there's no need for it as you can do your own research.

ha ah... financial adviser is much better word.....

but which board give them license to be a financial adviser? did SC award them with that title?
let say we didn't satisfy with the service, which board we suppose to report to.

btw, the service the they provide is pre or post loan agreement?

I suppose it's pre....
but they would also advise ppl to refinance usually to those that had tied up with them....that's why the bad reps they had.

i m so shocked abt what i read here, eg: how does SC got to do w this.
Totally shocked, obviously based on my experience w the govt, supex is doin somethin not known to even lawyer or bankers (but i m aware of their effective n genuine service)
former bank negara Senior Exec

i heard they will tell u to save rm100-300/mth in a fund, then the fund will grow into 70k in 10++ years or so, and you can use the fund to clear your loan. Fund performance subject to market conditions, compound interest, albert einstein, etc.

SUPEX MORTGAGE IS NOT A SOLUTION FOR FLEXI LOAN FOR SURE!!!

I would like to remind everyone here. For those who is using Term Loan, SUPEX might help.

I'm using SC Mortgage1 loan. So far the only bad point about flexi loan is Higher INTEREST!!! BLR + XX.

For my case, there is no concern since in interest is more than 4%, my company will subsidise the rest of all. If BLR=8%, my company will pay 50% of interest charged for me.

However, 1 simple question which SUPEX MORTGAGE consultant all can't answer here is:

1. If my monthly installment is RM1k and I pay RM2k every month to my account (assume BLR is fix), how long I can finish my payment? If you use a normal loan calculator, a double payment of your required payment will indeed reduce your years to half!

2. If SC Consolidated Statement is a +ve value, will there by any interest charged?

3. Flexi Loan is just like a Overdraft account, if you take out extra payment, OF COURSE YOU WILL BE CHARGED INTEREST! Where got FREE OVERDRAFT in this world? So if put in Extra $, that's it...... If you take out, REMEMBER, INTEREST RATE IS BLR ( Still cheaper than Credit card for those CARD SLAVE).

4. Flexi Loan calculate based on your -VE value. Which means how much you owe the bank at the current Month(or DAY), of course how much interest you are charged. Simple mathematic, I'm not sure why people doesn't make sense about it.

5. If your account is a +ve Value, you can terminate the account anytime (More than 5 years no penalty). So once you terminate the account, of course your loan finish. Because you already END THE FACILITY.

6. Normally SUPEX member pandai. They ask you to request an "EARLY SETTLEMENT STATEMENT". Early settlement will always follow the calculation of TERM LOAN. Hence your EXTRA PREPAYMENT will not be calculated. HOWEVER, they will return you the $. Beware, EARLY SETTLEMENT and +VE account in your Condolidated STATEMENT is different. EARLY SETTLEMENT is something you wanna do with Refinancing or EPF. Positive Consolidated Statement means if you have a CASH youself and debit into the account, and at the end BANK OWE you $ not you owe Bank $ anymore.

7. My advise here is, don't simply do any Refinancing unless you get a very good interest (FIX INTEREST, maybe 4%) for the whole loan TERM.

i heard of this planning and noe a person who does it.....but from another firm

it basically help you to reduce your interest payments , i.e. help you to save. but, to be able to do so, there's always things to be sacrificed, for example, they could help you look for a bank that offer you a lower interest rate, in turn, you may have to increase your monthly payment - or reduce the loan payment period. They would be able to help you reduce your interest payable by more then rm 10k, and therefore, they would charge you like rm 1.5-4k , depending on the complexity of your case.....

mortgage reduction is suitable for any term loan. flexi loan is also 1 of the term loan. bank do provide mortgage reduction, everybody can do it, but the problem is how much do u understand ur loan agreement???

kundam:
if ur monthly repayment is 1k, n u pay 2k, normally will save more than 50%!!! let say u r paying for 30yrs normally. if u pay 2k, u will pay off in less than 15 yrs!!!!!! i agree with what u say, don't simply do any Refinancing unless u get a very good interest rate!!! for flexi loan, my idea is, u borrow 100k, 10 yrs, n u dump in 100k, let it automatic deduct ur repayment monthly, n spent 10yrs to see. coz as i heard from bank regarding the flexi loan, they say the interest will offset if u borrow the $$, n dump in the same amount tat u borrow.. so i think this way can help u find out the truth!!


in my opinion, if a business can help u earn 50k, n u need to take out 5k, izzit worth to do?? there's no free lunch in this world. even u do it urself, u oso hv 2 spent time on it. time is $$.

alot of ppl who duno anything can even comment. Perhaps ppl like that should define what is term loan restructuring, mortgage reduction, letter of notification /approval letter, inverse order of maturity, suspense account, unfair contract act, TILA act,
DAMN, if u duno, dont say supex lie. BAnk's legal department is bigger than your 10 house, it has more lawyers than ur family hv ever produced. U think bank wil do nothing if supex is bullshiting?
this world has so many ppl who cant think logically
vinext@gmail.com

Supex charge you for 'advises'

Just walk in any bank, pray u get a good marketing officer, you get those advise for free.

I would say that if you got your loan like >4 years ago, you can feel free to go for refinancing now, it'll save you money even though u have to pay for the penalty incurred

Interest charged nowadays are going at BLR - 1.7 to 2.x % where interests charged few years back are going at BLR + xx %

You don't need anyone to tell you that you will be saving money by refinancing.

Hi,

To be honest, without being harsh to you, no hard feeling,

Do you think that re-financing ALWAYS can help us to reduce the interest?

You gotta bear again the penalty, legal fee and etc which is hidden from you into your loan amount whether direct or indirectly..

If you have advance loan software to read about the amortizing schedule on the repayment, portion of interest and principal paid, you would be surprise to see your NEW monthly repayment amount (after refinancing done) which though may appear lower than the old loan (to impress you with the reduction) but the portion of the interest actually may sometimes higher than the old one.

Don't get caught in the creation of the cycle of debts again by the promises made by ads. Unless you re-finance to get extra cash for investment which may help you earning more than the interest imposed by the financial insitution.


"IN THE WORLD OF UNIVERSAL DECEIT, TELLING THE RIGHT THING BECOME A REVOLUTIONARY ACT"
Consultant
Alan

---

Added on May 15, 2009, 12:12 pmI would say any true mortgage reduction strategy may help you even to save on tremendous interest, if aapplied correctly, only OD (Overdraft) you don't have to apply mortgage reduction strategy. The rest you still may to save interest.

I can't answer your question directly as a matter of fact, telling the truth things sometimes may make myself liable for legal action.

Just a token of advice, whether you believe or not, I won't be making a money anyway, stay clear away from promises made from 'others' on loan package of .....

Just a question to guide you to 'hidden' fact:-

If you are operating financial institution, would you create/promote a financial product which can make yourself earning a lesser income?

OF COURSE A HELL NOT! IT"S A BUSINESSMEN BROTHER>


"IN THE WORLD OF UNIVERSAL DECEIT, TELLING THE RIGHT THING BECOME A REVOLUTIONARY ACT"
Consultant
Alan

---

Added on May 15, 2009, 12:16 pmBrother, Flexi loan is NEVER an OD or similar.

I would say any true mortgage reduction strategy may help you even to save on tremendous interest, if aapplied correctly, only OD (Overdraft) you don't have to apply mortgage reduction strategy. The rest you still may need to apply to save interest.

I can't answer your question directly as a matter of fact, telling the truth things sometimes may make myself liable for legal action.

Just a token of advice, whether you believe or not, I won't be making a money anyway, stay clear away from promises made from 'others' on loan package which "HELP YOU SAVE INTEREST".....

Just a question to guide you to 'hidden' fact:-

If you are operating financial institution, would you create/promote a financial product which can make yourself earning a lesser income?

OF COURSE A HELL NOT! IT"S A BUSINESSMEN>


"IN THE WORLD OF UNIVERSAL DECEIT, TELLING THE RIGHT THING BECOME A REVOLUTIONARY ACT"
Consultant
Alan

This post has been edited by alan8181: May 15 2009, 12:16 PM

And with SUPEX, you need to pay extra to SUPEX, THEN still have to pay the penalty, legal fees and etc

It's all about money, it's hardest concept to accept.

Some laws are just not so 'convenient', 'expedient' or 'costly' to be applied - it's money

Politics + Economy is a virtually inseparable 'entity' esp in country where law is not as advanced.

If you are operating financial institution, would you create/promote a financial product which can make yourself earning a lesser income (interest)?

OF COURSE A HELL NOT! IT'S A BUSINESSMEN.... BROTHER remember, i would like to operate bank whenever possible>

As a matter of fact, the US and UK have introduced Mortgage Audit Act or similar law to protect consumer and to regulate on the loan matter, which we don't have.

Many of the 3rd World countries including Malaysia, we don't have such law to protect / educate us to be a smart consumer, thus we are always subject to Contract Act, and as far as the latter Act (law) is concerned,

"YOU ARE BOUND BY WHAT YOU SIGNED"

Do you think you can request to amend terms and condition as entailed in the letter offer or loan agreement of the financial institution?

If can, let me know immediately, I would gladly furnish you a list of amendments to give to the legal effect to save on interest so myself without having to go thru 3rd party company to apply mortgage reduction strategy.



"IN THE WORLD OF UNIVERSAL DECEIT, TELLING THE RIGHT THING BECOME A REVOLUTIONARY ACT"
Consultant
Alan

---

Added on May 15, 2009, 12:25 pmIf applying mortgage reduction strategy correctly, re-financing sometimes is not needed so you are not paying all that fees brother.



"IN THE WORLD OF UNIVERSAL DECEIT, TELLING THE RIGHT THING BECOME A REVOLUTIONARY ACT"
Consultant
Alan

---

Added on May 15, 2009, 12:27 pmThere is always PROs and CONs

Use our wisdom and judgment to all these comments and posts.

The best way is to find out your own.


Alan

This post has been edited by alan8181: May 15 2009, 12:27 PM

SB consultant?

Show me how a new loan (ie BLR - 2%) interests can be higher than the old loan (ie. BLR + 1%) in a term loan with a same balance outstanding, let say 30 years tenure.. ?

The only "chance" is perhaps not paying the same repayment amount, plus becoz the new loan has a peak(highest interests charge) during the initial period of x years.. But in overall, you will save hell of an interests go for refinancing (of course if it is viable looking at your old loan %!)

This post has been edited by numbertwo: May 15 2009, 12:35 PM

If i am operating a business of banking, i would offer FREE ADVICE only when it helps to sell my products.

Logically, there is a cost for everything, whether you believe or not =)



"IN THE WORLD OF UNIVERSAL DECEIT, TELLING THE RIGHT THING BECOME A REVOLUTIONARY ACT"
Consultant
Alan

---

Added on May 15, 2009, 12:34 pmI need to have full info before I can advise on anything.

Your old letter offer and monthly repayment now and etc.

Beware, amortization could be wrong sometimes=)


Alan

This post has been edited by alan8181: May 15 2009, 12:34 PM

just added/edited my post , sorry:

i was saying :
The only "chance" is perhaps not paying the same repayment amount, plus becoz the new loan has a peak(highest interests charge) during the initial period of x years.. But in overall, you will save hell of an interests if one goes for refinancing (of course if it is viable looking at your old loan %!)

This post has been edited by numbertwo: May 15 2009, 12:37 PM

I am not selling SUPEX product but i went thru their SUPEX training just to obtain more info and find out the truth.

Real case study really put me into great shocked during in that training.

I won't reveal to 3rd party too coz it's risky and it against BAFIA Act too. but i know sth where your can't see it without going to SUPEX training. Anyway, you won't be as knowledgable as i am to pay RM7-8k just to learn sth, will you?

Real war between all financial institutions and SUPEX are intense. I just believe in truth always prevail.

I can't believe what I see.

I am a just a mortgage consultant with legal background to advise people get the best loan from almost any banks and help ppl to save money in variety ways. I just hate ppl without ethical. I am person with mission to help ppl to save money wherever possible.


"IN THE WORLD OF UNIVERSAL DECEIT, TELLING THE RIGHT THING BECOME A REVOLUTIONARY ACT"
Consultant
Alan

---

Added on May 15, 2009, 12:41 pmYeah. u may be right.

It depends. If the interest is too far off comparatively between new loan and existing loan. Of course, re-financing is one of the good option to apply to save cost. But there are still many other ways to do it which is even more effective.


=)
Alan

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Added on May 15, 2009, 12:44 pmEven if i am mortgage consultant to help ppl get the best package for loan. I don't charge them.

They are talking about the SUPEX where they may help ppl to save on MORTGAGE INTEREST which is not that easily be done by ordinary ppl or bank officers.

If so simple can do it with the bank, i think the SUPEX is stupid to have introduced this business and i wonder why and how he may survive for more than 10years of operation in Malaysia.


"IN THE WORLD OF THE UNIVERSAL DECEIT, TELLING THE TRUTH MAY BECOME REVOLUTIONARY ACT"
Mortgage Consultant
Alan

---

Added on May 15, 2009, 12:47 pmIf you think they are really a con men, please to lodge a report or official complaint to Bank Negara.

And wondering why they can survive for more than 10 years of operation and being awarded the top CEO award by the Business Global Magazine and being interviewd by the NANYANG SAN PAU for mortgage reduction and so many magazines have info about them.


"IN THE WORLD OF THE UNIVERSAL DECEIT, TELLING THE TRUTH MAY BECOME REVOLUTIONARY ACT"
Mortgage Consultant
Alan

This post has been edited by alan8181: May 15 2009, 12:47 PM

Alan,
I think you have half a point right which I agree, that is , ways of reduction of interests paid is not documented anyway, so general public will never understand how it can be done. Simple ie. Prepayment, many thought that by paying prepayment it would save them intersts... but not many knows that bank actually park your prepayment, or so called advanced payment somewhere else without doing any saving for your loan account.. There are just many tricks in this loan thingy whereby normal folks will not know... But these tricks are not worth a few K to pay to supex for sure IMO!

Thanks bro.

There is not free lunch.

If that's so simple, again, SUPEX is stupid to have introduced this business and i wonder why and how he may survive for more than 10years of operation in Malaysia.

There are things appear right but it's not right, there are things appear wrong but it may appear right.

It's hardest concept to tell, unless you yrself been thru the training to see what they say.

Prepayment by the bank is just on total principal reduction (save little interest only but not as much) as apposed to The real "prepayment" within the meaning of true Mortgage Reduction? You got me? I think got a famous book on this mortgage matter by foreign author. I forgot the authur, i will let u know.

Sometimes i think i am very smart too but caught up too with advance tricks setup by the financial institutions. Hey think again, so many great think-tank at the back in support of them.

Without in-depth study research, we won't find out, i respect the CEO of SUPEX coz i personally know him of his integrity and his relentless to show his efforts in revealing the daring truth.


"IN THE WORLD OF THE UNIVERSAL DECEIT, TELLING THE TRUTH MAY BECOME REVOLUTIONARY ACT"
Mortgage Consultant
Alan

Some facts :

1. Banks and SUPEX both exist to make $$$. Banks r necessary evil but SUPEX IMO is a unnecessary evil.

2. On average, banks makes lesser money than SUPEX does over 1 years period, especially those who have plenty of customers taking their FULL FLEXI mortgages (Anyone who have worked in a bank's product development team will know this).

3. SUPEX is useful and will add value ONLY to those without basic financial knowledge. Any investors worth their salt thinks SUPEX is a rip-off for charging ppl so much for knowledge that is available for free over the net.

4. SUPEX did not start their motgage reduction program since 10 years ago. It was less than 5 years old(only heard of SUPEX after Stanchart's M1 become famous). They were doing other business prior to mortgage reduction business.

5. Few of my frens went to see David (SUPEX CEO) after SUPEX claimed that Stanchart's M1 was a bull. After 20 min, they were asked to leave as David failed to answer some of the queries and insists that they PAY few hundred dollars first.

So in summary :

- SUPEX is not lying. They do tell the truth and they just took advantage as they r many idiots out there refuse to learn the basics of finance. And these r the same guys who will think SUPEX is a genius ;p

- SUPEX solutions, will not be relevant AT ALL for those with no surpluss cash. So if u barely have surpluss cash, dont bother see them.

- Only see them when u have too much $$$ to burn and just too lazy to dig the answers yourslef.

This post has been edited by Pai: May 15 2009, 04:04 PM

I have know some forumers regretted using supex for their home mortgage.

I haven't got to know (never will) a successful real estate investor uses Supex. So please don't just come here and brag about it.

"IN THE WORLD OF UNIVERSAL DECEIT, TELLING THE RIGHT THING BECOME A REVOLUTIONARY ACT"

I throw this quote back to your face and I dare you to provide your numbers to prove you are able to reduce interest.
If you can't, forumers here can judge on you!

GOSH!....you do realise that you're repeating yourself over and over again as a sales person. (am so tempted to nuked all your post because of that)

Do not use this comment:
'They are talking about the SUPEX where they may help ppl to save on MORTGAGE INTEREST which is not that easily be done by ordinary ppl or bank officers."

The matter of fact is only the lazyness in one's attitude.
Everyone can do it if they are determined. DO not give the bullshit that only "professionals" can advice.

Tell me what's the difference in doing the initiative ourselves against paying one to do it. Even for these "consultants" they still need to read, research and study; so what's the difference for common ppl to do that? Like I mentioned, it's only between lazy vs one which is determined.

Can somebody just blacklist this sham of a company?

I'm seriously wondering why BNM has not taken any action against these bunch of people who prey on naive people. I know that there are one or 2 banks out there that are positioning for a formal complaint to BNM soon. I hope this happens fast!

Or maybe naive & lazy people should be taken advantage of? hmnnn.

The problem with these people is they lack the financial education.
Even our local chinese newspaper have Supex article.
That is how naive they really are.

It's really fun to poke at their stupidity but having known friends whom fall to this is no joke at all.

It is a joke. The Joke's on them.

As the old saying goes ----> "there's a sucker born, every second"


anyway, BNM cant do anything to these guys as they are not lying or doing anything illegal(so it seems). SUPEX IMO is like a sex school that charges thousands to participants on "how to do intercourse right" when you can just pay RM5 for a porn vcd and LIY

Not necessarily lah, boss.

If Supex is going around saying that flexi loans like M1 is a sham - like what u yourself mentioned - isn't that misleading to the poor lil misguided customer? That's deceptive conduct, and hence why banks will be pissed....

There are many ways to skin a cat.

This post has been edited by Phoeni_142: May 17 2009, 12:24 AM

Concur with bOOn, besides in your excel there is amortisation calculation for your own usage.. dont need to purchase a financial calculator.

Why let people charges you when you can just check it yourself.

You dont need PHD/Masters to find out.

part of SUPEX seminar says stuff like

'prepayment made to loan are being park at somewhere near the end of loan tenure, thus not helping in reducing the interests'

Is above true?
Got a friend who attended the seminar and came back crying bout this... show me tons of drawing and charts. I was working as a mortgage agent that time.

I asked the black and white (proof) of above statement and his answer is 'show me proof that it is not being parked at the end of tenure'

I was like WTF...

There's a difference between PREPAYMENT and ADVANCE PAYMENT.
Take for eg your loan is RM1350 per month. If you pay RM1400, the RM50 extra doesn't contribute to anything and is taken as advance payment. So basically the next month; you'll only need to pay RM1300.

For prepayment, one needs to write in to the bank to notify that one is going to make a sum payment of XXX money for principle deduction, else the EXTRA money paid is only treated as ADVANCE payment. SUPEX is really nailing on this as their core business - marketing. So like I mentioned, why rely on SUPEX when one can do themselves when they do their own research?

And yes, this is only applicable for conventional loan.

I think I mentioned before, i.e. if all the banks matured and used flexi loan facility; SUPEX would be out of business where their only core business had been addressed by the banks. What they can do now is "help" analyse which banks have the best interest package which again, with little bit of additional effort, everyone can do their own maths.

Although I never heard it for myself, what I heard is they are talking about the cons of flexi loan by saying the banks are not entirely being transparent and interest saves is not there because money is being parked into suspense/sundry accounts. But than again, would the bank risk their their reputation and license when they are doing mass market business where maths is just formula and logic and everyone can learn up by their own.

And here is the interesting part:
If the bank is not transparent or ethical, why would anyone in their right mind get a loan from the bank again after heeding Supex plan?

Well, the argument of paying why paying Bank interest for a loan :

1. The large amount of purchase would require a long time savings eg. 30 years and by then the house value would had increased.
2. Bank is taking a risk on people to pay back, you would not give out loans to stranger and expect them to pay.

It is a business transactions, there is a supply and there is a demand.

When the credit dried up, then... nobody can forward purchase anything !!

got many naive people using their service...and charged $$$ upfront...while the savings can only be seen many years
later .....

actually...u don't to pay them.... if you want savings...just approach any banks...asked about their refinancing package..
and the lowest rates...package... and i am sure Bankers are more than willing to do your biz...

BTW, BNM implemented the PDS (public disclosure sheet)...to make it clear to the public the BAnk's charges..& fees, instalment
calculations, etc before they sign the Letter of Offer from banks...

there are a new group similar company like Supex called AsECUbE in Bandar puteri puchong...

http://www.acescubebas.com/contact_us.html

from my friends info...u got to pay RM3K to attend their seminar...then u become their agent...and if you get
one member... you will get RM500.... operated like MLM biz...

---

Added on April 26, 2010, 9:43 pmfrom

http://www.acescubebas.com/FAQ.html

looks like they operate differently than Supex... is called BLR management..... pretty interesting....
any financial sifu can help enlighten


What is SIM50?
SIM50 provides 99% accuracy on the ledger, with the objective to slash 50% mortgage loan interest and shorten mortgage loan tenure by 50% regardless your current or future property loan. Ultimately, it protects you from the dramatic fluctuation of the BLR with the help of the ledger that is provided. It is not refinance, restructure or any similar service by lender institutions.

What is the uniqueness of SIM50?
Acescube (M) Sdn Bhd is the pioneer company to provide 99% accuracy mortgage loan ledger with BLR management in Malaysia.

Why BLR management is essential?
Without BLR management any prepayment done previously or in the future could be compounded to interest due to BLR fluctuation, default rate, late payment or insufficient payment.(Etc: lump sum, extra prepayment or monthly repayment.) Hence, improper BLR Management would result to loan tenure extension and with increase of interest.

How do I know my SIM Ledger is on track?
By checking your current outstanding balance, you are rest assure of our service accuracy together with your mortgage maturity. The objective of SIM Ledger is to avoid extra interest or tenure that is payable.

How do I know if my loan qualifies for this service?
You can obtain advice from our Business Advisory Officer whereby they could assist you to understand your current loan situation.

What is the difference between Mortgage Reduction and BLR Management?
Any other private companies that provide Mortgage Reduction may not guarantee accuracy due to BLR fluctuation and may result to an extension of your loan tenure and interest. BLR management on the other hand guarantees the result despite BLR fluctuation.

Why 99% accuracy is required?
Saving on tenure and interest payable is assured even with BLR fluctuation. SIM50 provides lowest prepayment capability and marginal payment for marginal saving. Any extra amount is not advisable.

What are to consequences without SIM50 or BLR Management?
It would result to never ending loan payment in which it would extend more to what you signed for, paying more interest of what you are supposed to and using up unnecessary cash for early settlement.

How secure is the service that is provided?
All service rendered comes together with a legal document. Therefore, you could be rest assured that what has been conveyed to you would be guaranteed legally.



This post has been edited by HW-Racer: Apr 26 2010, 09:43 PM

ok now i AM curious... how does this work when the base reference is actually the same thing?

This Acescube even more stupid, they just ask people to keep increase and top up their installment and telling them you will save XXX interest and XXX tenure. I have full set of their presentation kits and their installment chart. I laugh when i saw it.

It's like
1st year installment + RM50
2nd year installment + RM100
3rd year installment + RM500
4th year installment + RM1000
5th year installment + RM2000

You need to follow the payment like this and will shorten the tenure to X years and save XXX interest guaranteed with black&white from lawyer. They tell you must follow the chart and need to see them every time BLR change. So that they change the amount to top up to meet the X years as your request. I laugh when i saw it.

Sounds interesting.... at least something new.... so you pay RM3K to get the kit ?

Nope, my friend get it from his friend that work with Acescube.

Can u scan and put some page of it, i also wanan to see the slide but unable to get

Sorry i don't have the copy at the moment.

So how does this Acescube actually helps?

Acescube tell you that you can save XXX interest GUARANTEE with Black&White from lawyer if you follow their installment chart. So your job is to follow and must pay extra every month to your loan according to their installment chart so that you can save the XXX interest.


So,does Aces helps?
But before I answer your question, let me ask you a question first,

Do you know you can shorten your tenure or save interest if you pay extra to your loan?

If you DO NOT KNOW,
Then YES. It's really help,cause they will ask to pay extra to your loan so that you can save your loan interest.

If you KNOW,
Then it's a big NO, why you want to pay for somethings that you already know how to do it?


I can even provide the same service with no charge at all, Anyone need for my service?
Just tell me how many interest you wanna save or how many years you want to shorten for your loan.
I will let you know how much TOP UP PER MONTH to match your request.

This post has been edited by onnying88: Apr 30 2010, 01:16 PM

Yes indeed I do. Earlier when a friend of my who is their agent told me about it I thought is was like ask you to refinance it. Later on when he told me it's not a bank I knew it's definitely paying extra. The problem is they refuse to tell you how and keep saying can la blah blah blah

Nvm bro, i can tell now lo.
Guarantee you can save X interest. But guaranteed you'll need to pay extra also. And Guarantee will charge you few k for the service too.

Oh so now I know haha. You will show some of those toolkits here? Just wondering how does it look like

Sorry i already return to my friend after read over it. The most important part that they claim guaranteed interest saving is just a installment chart that want you to top up every month. Simple and stupid =.="

They attract client with the black&white document given to Guarantee you XXX interest saving if you follow the top up installment chart.

Anyone or agent from Acescube at here? Please correct me if i'm wrong.

This post has been edited by onnying88: Apr 30 2010, 04:31 PM

Well if you manage to get to see it again do us a favour and upload some. I'll try at my side as well see if he's willing to let me read it

no free lunch in this world... if really got secret in savings interest...many people become millionaires...


i am thinking of starting a course on teaching people how to save petrol consumption

meaning Acescube are helping people becoming millionaires?

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This post has been edited by spaceship: May 13 2010, 11:07 AM

acescube is professional who generate SIM50 Ledger Which agent will get information from you and they will calculate how much you need to pay for monthly repayment to void extra interest or tenure that is payable.

Make it simple, Pay for just good enough for installment which no need pay over that what you should pay and good use the extra money for investment or saving to which can generate income .

Acescube guaranteed the SIM50 ledger is 99% accuracy thus us guarantee with legal document which the accuracy is less than 99% company will refund you full amount with no question.

you will can know the accuracy Just 3 days after your first payment follow SIM50 Ledger. You can call to the bank and ask for the outstanding balance, then compare it with the figure stated in the SIM50 Ledger. It is only few dollars different.

so what's the different from my explaination?

what if i got full flexi housing loan which is every single cent extra of my monthly payment will be added to my principal? is acesube still can slash my loan?

easiest way to tell if any of this make sense is to meet the agent n a mortgage officer.

then you can filter the different yourself, whether or not it is acceptable.

as far as i can tell... calculation for interest n installment for mortgage loan still remains the same. amortization tables are still generated using the same old formula & scheme. if that doesnt change, nothing else will.

the only change i seen so far is the way ppl market these products. pretty amazing how the features has evolved through all these years

I met SUPEX at Mid-valley sometime ago.
Still have reservation about this.

Now plenty of these mortgage reduction fellas mushrooming everywhere ........ well the only things I can say to their customers is .....

Ignorance IS NOT a bliss...........

ignorance in mortgage is definitely NOT a bliss

So what information or advise you get from there?

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Added on July 1, 2010, 9:22 pm+1

This post has been edited by onnying88: Jul 1 2010, 09:22 PM

Basically there is no difference only paraphrasing. Anyway got people can reduce loan principal amount? I got interest free loan lolz

To all who have written the above, I have undergone the Supex Mortgage Reduction Training and I bought my house basis the training which was provided to my by Mr.David Wong. He is a genius. You will only know more if u go thru the training. Just for your info. My sister took a Conv loan for 25 years and did the mortgage reduction thru Supex after 2 years, n she managed to save RM126K and shorten 10 Years of her Tenor....So if you people want to judge something, make sure u get your facts right before just bombarding the rest....And y BNM has not sued SUPEX till todate??? Hahahah Because David Wong is always right!!!

For those who wanna join Supex... pls think twice, think third before give your hard earned money...

there was a detail discussion in a chinese forum about Sxpex... the conclusion was written in the first page of the thread....

http://cforum6.cari.com.my/viewthread.php?...filter%3Ddigest

You do have guts and patience to dig up a really old thread just to support something which majority had said is a fraud. Nothing better to do?

There are many conning vacation club or time share, how come government body don't sue them or close them down?

he trying so hard to convince us to take d suplex, many sifu advised not to, and he dig very old post. sigh..

btw, are u Mr. David Wong himself?

lets have a showdown of mortgage facts then...

tell us what have u learn.

But how sure are you that these so called 'majority' who are against this SUPEX are not from the banking industry? I mean this scheme would ultimately mean a huge loss in income for banks and financial institutions rite? So would it be in their interest to go around speading lies about SUPEX in order to prevent ppl from learning the tricks of the trade? Im just askin the question if someone would enlighten me.

not sure why bump old thread, but supex is a history