EFC

[Loki]

Educational Funding Company

Any one ever heard of it or know any thing about it?

I belive that some kind of martial arts .... contracting comapny or something? You know when you sign up a new sudent to start practicing at your dojo there stuff and monthly fee all goes to the EFC and then they send it back or comething? ...


I went to a seminar just this last week in cali for it and it seemed a bit money oreanted.... but there where some reall awesom martial artist as wel...

I just wanted to know if some one could really tell me what EFC was and give there opinion or something

[Loki]

well..apparently no one knows

[Deadpan Scientist]

You went to a seminar on it...shouldn't YOU know what it is?

[Red Elvis]

I just wanted to know if some one could really tell me what EFC was

One word... Google

http://www.efconline.com/default.asp

http://martial-arts-network.com/efc_pg.htm

[Gringo Grande]

I know a couple of the TKD schools William Clark acquired in our area used EFC and had lots (and continue to have) problems with them...payments not being recorded, people being charged multiple times, etc etc. I've heard my friends who are ATA instructors here bitch about how they lose students because the EFC pissed them off.

Gringo Grande

[csinca]

EFC is a billing agency. In this case the dojo signs up with them and EFC supplies the contracts and does all the billing for the individual students, usually either credit card or direct payment from a checking account. I believe the dojo then gets a monthly check minus whatever cut EFC takes.

Chris

[kenpofred]

I have a better plan.....you give me $100, then you sign up three people under you. They each pay $100, of which you give me $25 for each person. The they each get three people under them....and so on. Also, when they sell all their AMWAY stuff you can order more from me.

[hythloday]

i dunno all i know is some teachers are bad bill collectors and this helps.

if that is what your looking for you may find better answers on a competitors site

[Loki]

Thanks, I under stand about the EFC a bit more...

and no I dident know what the hell it was just because I went to the seminar, the whole thing was about instructor traning and how to deal with students, and what not...