This is the first interview in which Bill Westrom mentions his new Credit Line Banking Primer, an introductory resource to help you master your finances. Email Bill at [email protected] to request the primer for free!

Background Information:

Bill Westrom and David Welles started Truth In Equity out of the kitchen of their homes on September 8th, 2006.

David met Bill while working as a Mortgage Broker for Cannon Mortgage. Bill was working as an AE (Account Executive) for MacQuarie Mortgage USA.

He was selling MacQuaries Asset Manager (aka Money Merge Account and also Home Ownership Accelerator). It was a First lien HELOC loan and checking account all in one.

These loans were later named by other banks as the “All In One” account as well as the aforementioned loan names.

Household finance, GMAC, Indymac, and a few others started offering them prior to the housing market implosion.

At the time prime rate was 8.25% and Bill and David and TIE strategists helped hundreds of people during the 2006 – 2009 time frame.

People with 5% fixed rate and payment loans were refinancing into 8.25% HELOC’s with a variable rate and it still made mathematically sense because of the “OFFSETTING” taking place due to large monthly deposits into the account, the daily balance is forced down and the interest savings (daily) due to the outstanding balance recasting interest charges.

Learn more at TruthInEquity.com, visit their Facebook page Truth In Equity & subscribe to their YouTube Channel at YouTube.com/TruthInEquity.

Visit CreditLineBanking.com to learn how to live a better life through better banking!