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Bank Equity Plan

Using Your Bank Equity to Reduce Debt
and payoff loan balances — use the credit line as your personal banker to manage your money and build discretionary income to reduce debt. You control the process.
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Bank Equity Plan for College:

Introducing the Banker Line of Credit

Banker Home Equity Line of Credit (BLOC)

You will use the BLOC as your personal money account to manage all income and expenses.

You will deposit into the account:

·  all income payments
·  all bonuses
·  all capital gains not reinvested
·  all cash payments
·  all other income

Likewise, you will use your BLOC to pay:

·  your mortgage payment
·  your insurance
·  your credit card payments
·  your living expenses
·  all other expenses


The BLOC will Maximize Your Money Position

Your BLOC will take your discretionary income (total income minus expenses) and use the proceeds to pay down your debt at minimum interest cost.

You will never make a payment to your BLOC since your income deposits will be your payment. And since HELOCs are based on simply interest, these deposits will force adjustments to your equity line balance ensuring you minimal interest charges.

we have a complete demonstration with illustrations on how the BLOC can work for you

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Bank Equity Plan for College:

Program Illustration

How Best to Pay Off and Reduce Your Debt
use the equity in your home to become a BANK to pay off

  • credit card debt,
  • personal loan debt,
  • liens,
  • auto loan debt,
  • and any other debt obligations

    by simply changing the ways you manage your money.

Instead of using your checking account to receive and payout funds, you will use your home equity line of credit account for all income deposits and expense pay outs.

View the illustrations below:

1st: Use the equity in your home to pay off your debts

Use your equity line to pay off all of your short-term debt:

  • payoff credit cards
  • payoff personal loans
  • payoff auto loans
  • payoff other debt

2nd: Deposit all of your income into your banker home equity line of credit account

You will take all of your income sources and deposit them into your equity line account instead of your checking account. Deposit:

  • salary income
  • capital gains
  • savings
  • spare change

3rd: Now use your banker home equity account to pay family expenses

Use your banker home equity account to pay for everyday budgeted and planned expenses such as:

  • monthly bills
  • food and clothing
  • mortgage payment
  • budgeted card charges
  • other living expenses

use it like you would
use your regular
checking account
to pay for everyday
living expenses

Benefit: Your discretionary income pay offs your debt obligations FAST!

Your discretionary income (the income amount minus your expenses) remains into your banker home equity line account to lower the debt balance.

Over time, you will be able to pay off your debts in half the time by budgeting and managing your banker home equity line of credit.

You can also use your banker account to finance other needs such home improvement, a new car, college and other.

Where to Next

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Home Equity Application

debt reduction guides