Join me @ IBOtoolbox for free.
Lonnie Glosup
Member Since: 6/11/2011
performance / stats
Country: United States
Likes Received: 2911
Featured Member: 13 times
Associates: 2968
Wall Posts: 2950
Comments Made: 5584
Press Releases: 1134
Videos: 5
Phone: 281-773-5361
Skype:     lonnieglosup
profile visitor stats
TOTAL: 1359010
are we ibo associates?
member advertising
active associates
George Galvin     
Last logged on: 5/24/2019

Sule Yesufu    
Last logged on: 5/24/2019

Tom Riach    
Last logged on: 5/24/2019

Ostell Hodges Jr    
Last logged on: 5/24/2019

Todd Murphy    
Last logged on: 5/24/2019

Gloria S    
Last logged on: 5/24/2019

Anne Pinney    
Last logged on: 5/24/2019

Chris Shouse    
Last logged on: 5/24/2019

Rob Mccray    
Last logged on: 5/24/2019

Dorothy Allen    
Last logged on: 5/24/2019

Terri Pattio    
Last logged on: 5/24/2019

John Kespert    
Last logged on: 5/24/2019

Samuel Stokes    
Last logged on: 5/24/2019

Bobby Brown    
Last logged on: 5/24/2019

Kevin Robinson    
Last logged on: 5/24/2019

other ibo platforms

Lonnie Glosup   My Press Releases

How To Bend The Banking Equation More In Your Favor

Published on 6/28/2016
For additional information  Click Here

A major part of our financial circumstance is controlled by what is sometimes referred to as the Banking Equation ... would you like to know how to bend the banking equation more in your favor?

The financial system of the U.S. strongly encourages the use of credit. We are essentially a "buy now, pay later" society. 

Many of us have been conditioned to work to qualify for the lowest annual percentage rate (APR) possible. And we think we "win" when that rate is low, even though there are other factors that are of equal or greater importance.

Yet the financial system quietly operates on the basis that it is the VOLUME of the interest dollars we pay that is more important to the financial institutions.

There is a BIG difference between those two measures!

So while I might think a 1.9% APR on my auto loan or a balance transfer offer on my credit card reducing my APR in half for the next twelve months is the way to measure my success, the financial institutions are happy too if I am anywhere near the average of paying as much as 35% of my income in total interest charges on all of my accounts combined! Now THAT is why they are more focused on the volume of the interest.

Learn more about the banking equation and what you can do to have the system work more to your benefit ... at least minimize the amount of interest that you pay!

A program providing information this valuable and powerful for FREE deserves to be shared!

Image and video hosting by TinyPic

Member Note: To comment on this PR, simply click reply on the owners main post below.
-  Copyright 2016 IBOsocial  -            Part of the IBOtoolbox family of sites.