MI256: How to Become Your Own Bank w/ Jerry Fetta
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Can You Really Say No to Your Request to Borrow Against Your Loan?
The insurance agency then, like you mentioned, they have no incentive to want to really push this product. And if they knew that you were borrowing the money to use it in this framework with that, could they, I guess, ever say no to your request to borrow against your loan? So they can't really say no, but they can slow the process down. With a whole life strategy, your rate of growth is coming from a guaranteed interest by the company.
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