If your financial position allows, and ONLY if your financial position allows, a life insurance loan can be a great way to
avoid huge credit card bills and extortionate interest rates.
While I pay my
bills off every month, sometimes small business cash flow can be crimped (that customer who forgot to send that
huge check in the mail before your
credit card bill was due), so it's good to have the option of using a
credit card and
avoiding the monstrous fees of paying a charge
card late.