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Old 06-23-2007, 03:40 AM
c_green1961 c_green1961 is offline
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Join Date: Jun 2007
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Default Is it a good idea to borrow money on a life insurance policy?

I need $1000.00 for home repairs and to pay some bills. I am thinking about borrowing on a life insurance policy. The interest is 8%. How much will I be paying back if I repay it within 12 months. Is this a good idea?


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