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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The Third Disadvantage of a Leelock
The interest on the Leelock is variable. Interest rates are going to rise, I think they're going to increase or decrease more frequently than a policy loan. Some insurance companies that we've written within the past that the Leelocks don't work for. So if you guys have a question, feel free to reach out and we'll get to that list.
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