FAQ

Living Free And Clear Frequent Questions - The five questions posted most recently:
Frequent Questions From Potential Clients, New Clients, and Affiliates

How does the Living Free and Clear system work?
Tue, 20 May 2008 04:40:00 GMT

The Living Free and Clear system works by using your whole income along with the LFC Flex Line Account to accelerate your mortgage payoff.  You will still have access to your income for your monthly expenses you are just managing your budget differently so you're your money works for you instead of the banks.  You accomplish this by using the easy to use LFC software as your pay off plan and guide along the way, plus the weekly coaching support to help you stay on track and answer any questions you have along the way.

Do I have to refinance to use the system?
Tue, 20 May 2008 04:39:00 GMT

Not everyone that uses the LFC system needs to refinance.  Our services include the necessary Bank Account, and Flex Line. Once you have entered your monthly budget information into the software you will then schedule an appointment with a course coach. You and the course coach will then look at your plan and determine if your plan would pay off faster with a refinance.

My credit is not great, how can this help me?
Tue, 20 May 2008 04:38:00 GMT

You may not need to refinance so your credit would not be an issue, but if it looks like it would be in your best interest to refinance our preferred lenders have access to several plans that you may qualify for.  Also as a bonus with the purchase of the LFC Premier course you receive the Get Debt Free course.  This includes software and materials that will not only help you roll down your debt but also strengthen your credit and offer some asset protection tools.

Can I use this system on my investment properties?
Tue, 20 May 2008 04:37:00 GMT
Yes you can, but you should get a plan on your primary residence first.  Then you can use your home to pay off your investment property loans.  Your course coach is primarily trained to use the software as designed; for your personal residence and personal cash flow situation only.  They are only there to help you understand the basic set up and use of the software.  If you attend the weekly client training Webinar, you may request to have the techniques for investor properties further explained on that call in general principal.  There are so many variables affecting investor properties which cannot be anticipated with this type of software in its generic form.



If I just paid extra payments on my mortgage will it pay off faster than this system?
Tue, 20 May 2008 04:37:00 GMT

If you paid your whole income towards your mortgage it may pay off faster but you will not have access to your monthly income to live off of.  With the LFC system you can not only pay off your mortgage in much less time but you also have access to your money when you need it. This includes possibly paying cash for large items such as a new car or repairs around the house.

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