Whole Life Policy Loans Pros & Cons vs. CVLOC from Banks
Hear Hutch dig into the pros & cons of using built-in Whole Life policy loans vs. Cash Value Line of Credit (CVLOC) programs from outside lenders. CVLOCs are certainly more convenient and can lower Whole Life borrowing rates by 1.5%-2%, which can massively increase your cash surrender value over the span of decades. But what about payment flexibility, privacy, creditworthiness, etc.?
You’ll be surprised by Hutch’s detailed 10-minute interview with the best CVLOC provider! (change the video player to 1.25x or 1.5x speed if you’d like).