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Save more and spend less is more than just a motto for money expert Clark Howard; it’s a way of life. Clark and his crew — Team Clark — are on a mission to empower people to take control of their personal finances by providing money-saving tips, consumer advice, hot deals and economic news to help everyone achieve financial freedom. Clark is a nationally syndicated radio talk show host and a consumer reporter for television stations around the country. His podcast, The Clark Howard Show, rec ...
But What About the Life Insurance Loan Interest?
Manage episode 283157075 series 99549
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Life insurance loan interest causes a lot of misunderstanding. The interest is a charge assessed by the insurance company on any outstanding loan balance a policyholder has against an insurance policy's cash value. That seems simple enough, but why does the insurance company charge interest? How much interest do you have to pay on a ...
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