Bizcorp-Business Growth Solutions - legit or a scam?

I am going to have to answer for ALL the people who reponded. They all meant to write….. “NO I HAVE NOT BEEN TO SEE THEM AND SO I HAVE NO IDEA”
I have been, you should go, you’ll be amazed.
To all the others….enjoy your 30 years of being a slave to the banks

I-filed said :

brendanoreilly said :

I’d be extremely wary of this – its sounds way too good to be true. lts impossible to cut your mortgage in half by paying the same amount into it.

Unless, of course, you are Greece … … : 0

Indeed. I plan on retiring and going on the dole next week so that I have enough time to start rioting in the street outside my bank. Apparently this will result in my debts being written off and my bank manager getting a haircut.

Don’t ask me how this works. I just read it on the internet.

brendanoreilly said :

I’d be extremely wary of this – its sounds way too good to be true. lts impossible to cut your mortgage in half by paying the same amount into it.

Unless, of course, you are Greece … … : 0

All I say is do a search on Gen X Lifestyle solutions an article that was published by Herald Sun and what Gail Kelly had to say from Westpac. The title of the article is “watch out sharks about” it was published 27/3/2010. They now trade under Bizcorp business Growth Solutions P/L not sure if they still use Gen X. Back then their fee was $35K who know how much their fee is today… please go and read the article.

Totally legit, kmurmain. Promise! Cross my heart and hope to die! Now, I’m sure you’ll be interested in meeting this Nigerian chap I know who needs a bank account where he can stash a million bucks … and you can have a quarter of it!

The keyword your looking for is “magically”… Anything that is legit never uses the word “magically”.

‘you could cut your mortgage in 1/2 “magically” by paying no more than you currently pay on your mortgage’

do you really need anymore evidence to confirm this is a scam???

The name alone sounds dodgy to me.

brendanoreilly said :

I’d be extremely wary of this – its sounds way too good to be true

That.

These things are carefully crafted to suck you in to the next (i.e. non-free) level. Remember that the object is to make money for the people running them – they’re not going to give you something for nothing, at least not anything that you couldn’t find out free somewhere else.

It may be perfectly legitimate; they could be well-established and reputable financial advisors and those can be well worth the money they charge. But remain highly sceptical until you’re able to independantly verify their bona fides.

I’d be extremely wary of this – its sounds way too good to be true. lts impossible to cut your mortgage in half by paying the same amount into it.

Having said that, there are simple strategies you can implement to pay off your mortgage quicker. For example, making repayments fortnightly instead of monthly will bring the home loan term down by 5 years as you will be making 26 repayments in a year compared to 12.

Another one is when interest rates drop, keep the same repayment amount.

Hope this helps!

Brendan O’Reilly
Home Loans Consultant
MO’R MORTGAGE OPTIONS
Brendan is a Credit Representative (CR411804) of BLSSA Pty Ltd (Australian Credit Licence No 391237)