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Started By
Message
re: Whole Life, Infinite Banking (IBC), Cash Flow
Posted on 6/5/18 at 11:14 pm to IglooTiger
Posted on 6/5/18 at 11:14 pm to IglooTiger
quote:
can you create unstructured loans and flexible repayment plans using this as collateral? Can you get access to that loan without scrutiny?
The bonds themselves will not do that. You are going back to some institution who will grant a secured loan against the collateral which is not what you want.
For me (not you obviously), just withdrawing funds is superior to a loan when I have not forfeited my rights to any funds (i.e. cost of insurance and commissions on life insurance origination). You never need to ask permission or apply for a withdrawal of your own money.
We can agree to be different.
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