Home Equity Line of Credit (HELOC) Vs. Infinite Banking Policy Loan | Know the FACTS episode artwork

EPISODE · Jul 10, 2023 · 30 MIN

Home Equity Line of Credit (HELOC) Vs. Infinite Banking Policy Loan | Know the FACTS

from Control and Compound with Darren Mitchell · host Control and Compound Financial | BNV Media

On this week's episode, Darren and Christina are breaking down the differences between choosing a home equity line of credit and an infinite banking policy loan including which can be called, making payments, creditor protection, what's taxable, and which one you should choose overall. Tune in now! Show notes: 00:00 - Introduction 00:55 - Introducing a new acronym: CLUE (control, liquidity, use, and equity) 4:45 - Example of the wealthy using leverage to their advantage 8:00 - Can the HELOC be called? What about infinite banking policy loans? 10:55 - Making payments: HELOC vs. policy loan 12:15 - Creditor protection: HELOC vs. policy loan 14:00 - Death benefit: HELOC vs. policy loan 17:30 - What's taxable?: HELOC vs. policy loan 21:05 - Retirement and death: HELOC vs. policy loan 24:25 - Which one should you pick? TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

Episode metadata supplied by the publisher feed · Published Jul 10, 2023

Embed this episode

NOW PLAYING

Home Equity Line of Credit (HELOC) Vs. Infinite Banking Policy Loan | Know the FACTS

0:00 30:33

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of Control and Compound with Darren Mitchell?

This episode is 30 minutes long.

When was this Control and Compound with Darren Mitchell episode published?

This episode was published on July 10, 2023.

Can I download this Control and Compound with Darren Mitchell episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!