Should I buy the complete package or get the installment payment?

It depends on your individual circumstances and what you are buying it for, including income and budget, but buying the complete package leaves you without the possibilities of generating negative points against your benefits at maturity.

What are the Advantages of paying a complete package?

1. You can sit back and continue your daily life without worrying of the need to maintain the agreement over time (which can generate negative points at maturity). But, if you do not have the cash for the complete package and want to engage a better return package, then the regular packages are there for your convenience. You may not reliably have the cash on hand to pay in full - so, the ability to spread the payment out over time is a benefit.

2. It may fit into your budgeting style better. Most people don’t want to bother with the maintenance process and eliminate the possibilities of generating negative points.

How to decide whether to pay incrementaly or complete?

One of the most important aspects of being fiscally responsible is to make sure your money isn’t working against you. That means avoiding things like unnecessary fees and cost increases. If there isn’t a penalty for paying incrementaly, then you can make your decision based on your available funds and what will make a bigger headache for you: paying a lot at once or a bit throughout the entire term.

Whether you should pay the TrueLife accord annually or in complete depends on your individual circumstances, including your income, budget, reason for your purchase (goal), benefit amount sought and a host of other reasons.

The best way to pay your agreement depends on the way you budget and pay bills. That might mean it’s easier for you to add an annual automatic expense or it could mean that one complete payment works better. But if you’re equally comfortable paying annually or fully, then it makes more sense to pay the complete package, because that will almost always result in a zero penalty at maturity. You should read the sample agreement and website information to familiarize yourself with this engagement.

Which companies offer better rates than SuSu Exclusive Membership?

You really need to get informed. All the aspects of such companies are different for SuSuXL. This is a reversal beta program that is established to benefit members. Please read the information available before your engagement

How to maximize your agreement?

You can purchase a progran for your heirs; at maturity, heirs will receive the lump sum; however, full package is the way to go. Packages can help with bills, debt, gifts etc.

How do I get my family to enjoy my end of time Program at maturity?

Buy a membership for him or her and pay for it completely.

Will I get turned down because of my age?

There is no age limit for this membership package program; grandparents to infants are welcome.

If I’m sick or in hospice can I still qualify?

Yes, there are ways to get the benefits. You can purchase a membership for your heir.

Are there any other forms of SuSus that I can refference that will assure my confidence?

Articles

NEW YORKERS & CO. Newcomers Savings and Loan

See the article in its original context from October 22, 2000, Section 14, Page 4

WHEN Jemma Legall Romain moved to New York from Trinidad in 1984, she flew on a ticket her mother had bought for her through a saving system known as a susu. Years later, when Ms. Romain had to raise money toward the down payment on her three-family house in Bedford-Stuyvesant, she too saved money in a susu. After she bought the house, she made it pay for itself by renting out two floors.

Though a staple of immigrant communities, susus are little known outside of them. The name is thought to have evolved from the West African Yoruba word ''esusu,'' which means roughly ''pooling the funds.'' In New York, such pooled funds are staples of Trinidadian immigrant communities, and, with variants, of many other immigrant groups.

Susus are generally made up of groups of family members or friends, each of whom pledges to put a certain amount of money into a central pot each week. That pot, presided over by a treasurer, whose honesty is vouched for by his or her respected standing among the participants, is then given to one member of the group.

Over the course of a susu's life, each member will receive a payout exactly equal to the total he has put in, which could range from a handful of dollar bills to several thousand dollars; members earn no interest on the money they set aside. After a complete cycle, the members either regroup and start over or go their separate ways.

''It's how our parents, and their parents, used to save their money,'' said Ms. Romain, 39, who is the office manager at the Central Brooklyn Partnership, a community organization.

As hundreds of thousands of immigrants settled in the city during the 1990's, increasing numbers brought with them informal, bankless savings habits. With immigration showing no sign of slowing -- the New York Department of City Planning estimating that 113,000 immigrants a year settled in the city in the last decade, up from 80,000 annually in the 1970's and 1980's -- this trend is likely to accelerate.

As a new, high-tech century dawns, the susu is one of the key mechanisms helping immigrants in this city of immigrants succeed in their new world. Susu-type organizations are, quite simply, the lifeblood for much of New York's immigrant community. Even some children of immigrant families save this way, chipping in a dollar a week of their lunch money.

Is there a way to confirm the quarterly settlement accounts?

Yes: Lower left hand corner, settlement link. This link provide:

Receipt number: GMN81345DY638494I
Item: POPULAR MEMBERSHIP
Number: G93862931I

How much will I recieve if my account is settled early?

Your settled amount is your gross on account (see your contract).