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Ep. 95 - Life Insurance & CDs as Collateral for Bank Loans

Ep. 95 - Life Insurance & CDs as Collateral for Bank Loans

Without the Bank Podcast · Mary Jo Irmen

January 6, 202311m 0s

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Show Notes

Collateral assignments on whole life policies are not a great option if you want to maintain control. Also, the strategy of using a CD as collateral has become a talking point in the last couple weeks, and we need to understand why that is not always good either.

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