Paying Off Existing Debt

Many people come to IBC already carrying significant debt. A common question: should I pay off debts first or start building my banking system now? Nash's answer: start building now.

If you wait until all debts are paid, you may wait years or decades — missing the capitalization phase while Parkinson's Law consumes any money freed up by paid-off debts. The strategy involves running existing debt payments through your policy system as it grows.

As cash value builds, you can take policy loans to pay off higher-interest debts. The critical discipline: continue making the same payment amounts, but now directing them to your policy loans instead of the bank. Before IBC, your car payment goes to a bank and the interest is gone. After IBC, your repayment goes back into your system.

This isn't a magic trick that makes debt disappear. It's a structural change in where your interest payments flow. Over time, as more financing runs through your own system, the cumulative effect of recaptured interest becomes a powerful wealth-building force.