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 SUPEX Mortgage Reduction, Anyone heard of this?

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SUSjasonhanjk
post May 15 2009, 09:01 PM

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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!
SUSjasonhanjk
post May 16 2009, 08:25 AM

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QUOTE(Phoeni_142 @ May 16 2009, 03:26 AM)
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.

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SUSjasonhanjk
post May 17 2009, 07:41 PM

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QUOTE(b00n @ May 17 2009, 04:59 PM)

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?

 

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