Money Resources Inc.’s Perpetual Banking in Tamuning, GU
Our perpetual banking in Tamuning, GU, is a financial strategy to help you become your own banker. We want you to control your own money without paying additional fees and filling out applications. Contact us today for more information!
Becoming Your Own Bank and Collecting the Interest
Everyone would rather not have to deal with an institution, pay origination, document and other fees, and also give them the interest on the loan. But what if you could leverage your account, make a loan, pay no fees, and make a profit from the loan (your account grows by more than twice the amount of interest you pay)?
As you will see, that would make a huge difference over a long period of time! In this example, we will assume you wish to borrow $25,000 at 5% over 60 months (5 years). The example below shows the interest you will pay.
.PNG "Table 1")
In this example, we leave $25,000 on deposit at 5% over 60 months (5 years). The example below shows the interest you will EARN.
.PNG "Table 2")