MPact Wealth, found online at MPactWealth.com, is an organization which says it can train people how to earn a generous passive income which can help them save college money for their kids, or provide them with a secure retirement.
The website says that at their core, they are a lifestyle company who provides training that helps people understand how to “invest their time, travel, and money for the sake of a better life.”
Customers who wish to use their services will get access to their Complete Home Study Course, a three day Intensive Live Training Event, an hour long debt reduction strategy session, a wealth building strategy session, and a copy of The Wealthy Code by George Antone.
How Does It Work?
The MPact Wealth program provides you with something called “The Banker’s Code Home Study Course,” an 8 week course which gives people “all the tools you need” to start generating income through private lending.
Private lending is also called “peer to peer lending,” and is a form of earning money by lending money to other individuals, the way banks do, except you are the one who gets to collect the interest or other investment residuals.
Specifically the website says it teaches people how to “make money like the banks,” to use tactics for becoming a private lender with private money sources, how to structure deals to optimize your profits, and how to prevent and handle whatever problems may arise.
Is This a Legitimate Opportunity?
It is hard to say. Companies that specialize in training and live seminars for real estate investment opportunities suffer from negative reputations within the independent earning industry.
In addition, this company does not provide any up front information about pricing. Instead, they ask you about your current earnings and what you hope to get from your future passive earnings with this company, and then you are told that someone will contact you to discuss the opportunity.
The MPact Wealth website says that they do offer a Refund Policy for customers who are unhappy with what they receive, but people who are interested in actually paying for their services may want to see this Policy in writing and fully understand the details of it before they agree to make any purchases or investments.