Borrow interest-free from your own insurance policy instead of a bank. Yep, that’s a thing. Could it work for you?
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Over the course of a lifetime, many of us will end up paying a large amount of money in interest to creditors and financial institutions. Whether it’s student loans, personal loans , mortgages , credit cards or car loans, the amount of money many of us pay is significant. In 2020, the average consumer held $92,727 in debt, payday loans in Springfield according to Experian, the credit bureau.