
Eliminate Debt Program
To view a video of this program copy and paste this URL to your browser: http://www.mascotfinancial.com/links/MascotOverview.wmv
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Mascot Financial
Mascot Financial will provide the expertise and discipline for every client to implement an individualized plan. When applied properly using our unique strategies, this plan will allow clients to become free of all debt within 5 – 12 years without increasing their monthly payments and without any out of pocket expense.
In 1995, Founders Sam Aston and Scot Stobbe were introduced to the concept of accelerating equity through leveraging debt. Their humble beginning was an opportunity to understand how financial institutions (Mortgage Companies, Credit Card Companies, Banks, Finance Companies, etc) manipulated the calculations, terms and conditions, etc. to extract huge amounts of interest from unsuspecting consumers without alarming them.
During the early years Scot and Sam operated as partners in sort of a "Pa & Pa" business. They had a few sales consultants and did almost all the work themselves. They were content to do a fair amount of local business. They attracted enough attention to generate some interest from larger companies.
In late 2000 they were approached by a firm with substantial backing to merge with their Debt Elimination company. The objective was to use Scot and Sam's expertise in the area of marketing and sales together to grow into a regionally or nationally recognized company. Despite phenomenal sales, the larger company did not provide adequate service and the decision was made to discontinue the joint venture.
So, Sam and Scot were faced with a decision… Go back to being a "Pa & Pa" operation again, or regroup and adopt the idea of becoming a regional or national company. After serious consideration, the decision was made to carefully lay the foundation for growth. The opportunity to impact the lives of thousands of Americans for the good by helping them get a handle on their debt and turn their financial lives around was very appealing.
In 2001, Mascot Financial was officially incorporated in the state of Utah and quest for excellence was reborn. By the way, the name Mascot comes from Sam backwards and Scot forward!
As we approach the third quarter of 2005, Mascot Financial is poised for growth and expansion. We currently have 280 consultants in 16 states and expect that number to double during the 3rd and 4th quarter of this year.
Whether you are looking for a way to pay off your debt, or to find a lucrative and rewarding career opportunity, Mascot Financial can show the way.
At Mascot Financial we help our clients completely eliminate all debt (including mortgages, car loans, credit cards, student loans, signature loans, etc) in 8-12 years. In the process we usually save our clients in excess of $100,000 in interest. All of this is done without increasing the current amount of money going towards debt.
And here's how we do it:
We use years of experience and insider knowledge to defend against a system which has been designed to make money for the financial institutions and keep its victims paying large sums of interest.
We use sound financial principles prudently applied to each individual family to produce a customized plan for them.
We create an environment of discipline which makes it easy to stick to the plan until all debt has been eliminated.
We provide ongoing consultation to help our clients handle the surprises and unexpected events that are a part of everyone’s life.
We monitor and audit accounts to make sure they are accurate.
We improve credit, which allows our clients to take advantage of preferred rates, terms and programs offered by many financial institutions.
Debt Negotiators:
As the name indicates, these companies negotiate away a portion of the debt. Then they make payments on behalf of the debtor to the creditor under the conditions of the new terms. There are two significant ill-effects of the method:
It is one of the worst things that can happen to your credit. In fact, it is worse than bankruptcy. All accounts are considered “charge offs.” This is the same as if you did not pay on them at all.
They do not deal at all with unsecured debt. It has a very limited scope.
At Mascot Financial we eliminate all debt, including mortgages, car loans, credit cards, student loans, etc. by paying them off in an efficient and accelerated system that actually begins to improve credit immediately.
Debt Consolidators:
These are nothing more than thinly disguised mortgage companies. Although they claim to help their clients get out of debt, all they really do is change the state of the debt from credit cards to mortgages.
In almost every case, within a few years, the family has a new pile of debt and still has gotten no closer to paying off the old debt.
At Mascot Financial we eliminate debt, not just change its form!
Financial Planners:
They are similar to consolidators in that they consolidate consumer debt into a mortgage. Their motive is different. They want you to invest your savings in the monthly payment into some type of insurance or investment. The theory is that you can make way more money than you can save by putting the difference toward principal. If you do well that is true, if not you can actually lose money.
Using the Mascot Equity Accelerator you are guaranteed to come out way ahead.
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