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The Wealth Without Wall Street Podcast - By Russ Morgan & Joey Muré 6th April 2021
Round Table | Why Would I Pay Interest On My Own Money?
00:00:00 00:32:45

Round Table | Why Would I Pay Interest On My Own Money?

We’ve been talking about how the Infinite Banking Concept (IBC) allows you to take control of your money and the creative ways you can make your money work for you. But why do you have to pay interest on the money that you borrow against your policy? Why do you even have to pay back the loan? It is your money anyway, right? In reality, you can choose not to pay back your policy loan and interest in a set period, as required if you had borrowed money from banks. But what happens if you don’t? Find out the ins and outs of borrowing against your life insurance policy in today’s round table with our IBC coaches. 

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