Nationwide Biweekly Mortgage Payoff Letter

Now, my last post wasn't really about making money online, but about saving money online, which could be considered the same thing by Ben Franklin ("a penny saved is a penny earned").  And while some might argue that old Ben didn't know much about making money online, clearly some of his commentary does still ring true.

Today's post is about an "opportunity" that I was offered which could be considered, at best, a misrepresentation and at worst a scam.  It was a letter I received from Nationwide Biweekly Administration which sounded pretty good and I actually had the phone in my hand ready to dial when I thought, it is time to do a quick SCAM-check online.  When you enter the name of a company and one of the first listings that Google returns is the Ripoff Report, a warning bell should go off.  But the link I actually clicked on which did the best job of explaining what the Nationwide Biweekly Mortgage Payment offer is about, is this one. 

Funny, it was written back in 2003 and now 4 and a half years later, it just helped me out.  It's nice when the internet works for you, isn't it?   Okay, next post will be about something to make money online and whether it's a scam (or even a grossly exaggerated product) or a legitimate offering.