What is a LIfe Equity Line of Credit or “LELOC” | What are the advantages and disadvantages of using one?
The Infinite Wealth Podcast
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Six Advantages and Disadvantages of a Leelach Loan
The first advantage that we've got by using Leelach number one is we're going to get a lower interest rate. Number two is a matter of convenience, right? If we have multiple policies, we can consolidate all those cash values and or multiple companies with one line. And then number six is it doesn't have an impact on direct or recognition companies if we have our policies with them.
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