Information on the Moneylogic discontinued direct selling program.
Original Npros business profile for Moneylogic, preserved below for archival purposes:
MoneyLogic was a Dallas, Texas-based financial wellness and membership company founded in 2004. Operated through MoneyLogic Marketing, LP, the company offered individuals, businesses, and nonprofit organizations a package of financial-management tools and professional services intended to help members reduce expenses, eliminate debt, protect their finances, and build savings. Its central program was the ML-7 System, a seven-step financial wellness program covering budgeting, expense reduction, debt management, financial protection, savings, income development, and financial stress reduction.
MoneyLogic's membership services included accelerated debt-elimination programs, financial counseling, budgeting and expense-tracking tools, identity-theft protection, tax assistance, legal services, insurance resources, investment information, and a cashback shopping program. The company offered Gold and Platinum membership levels, with the higher-level membership adding services such as legal assistance, identity-theft protection, and personal tax services. MoneyLogic also marketed its programs to employers through MoneyLogic@Work and to businesses and nonprofit organizations seeking financial wellness programs for employees or members.
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John A. Bonnet, Partner
Alan Witten, Partner
Brad Morrison, Chief Technology Officer
Financial management is more difficult now than ever before. Complicating an already complicated task are unemployment rates topping 12% in some states, job losses, layoffs, credit misuse, and a lack of sound financial planning. More and more people are juggling unprecedented debt. Those that aren't are looking for ways to manage their money wisely. These factors have sent consumers searc...
Currently, America's financial situation is wreaking havoc on consumers. While consumer debt is reaching record highs, millions are also on unemployment, experiencing a drastic reduction in their monthly income. Such factors as high mortgage rates and credit card debt are leaving many consumers to wonder how to regain control of their financial situation. Moneylogic has made it their mission to he...
Currently, America's financial situation is wreaking havoc on consumers. While consumer debt is reaching record highs, millions are also on unemployment, experiencing a drastic reduction in their monthly income. Such factors as high mortgage rates and credit card debt are leaving many consumers to wonder how to regain control of their financial situation. Moneylogic has made it their mission to he...
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