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Your words: The limit you established of 94% on the PLOC is open till $1140, But it is very liquid compared to the credit card. I would Deposit all of the income That you will use for expenses into the line of credit, And then send all of the remaining money to pay off that loan of 35.99%. And then when those bills are due, you take them out of the PLOC and pay them down. My answer: Choosing the account that offers greater liquidity, the PLOC in this example will not get you to the finish line faster, and you will incur more interest charges. PLOCs are generally Poor Performing Alternative Accounts compared to a Credit Card on a given list. Below is a previous video I've made on the subject while mimicking one of my competitors for context (only): Credit Card vs. PLOC/HELOC (52:40 minute mark) ruclips.net/video/gVYvxVluDnI/видео.html On my next video, case study #5, I will address again this very issue, Credit Card vs. HELOC/PLOC Your words: Any amount that stays in PLOC at end of month gets taken out and paid to the 35.99% loan. My answer: Doing it this way would be an improvement over my competitor, Velocity Banking Group. You had the foresight to know that getting rid of the excess at the end of the month (instead of keeping it in the PLOC for 3, 6, 9, 12 months) would give you a greater, better outcome in terms of reducing interest costs. But just like you've pointed out, keeping the excess for 3, 6, 9, 12 months would be wrong; also keeping the excess for 1 extra day in the wrong account would also be wrong, let alone up to 30 days or end of the month. You wait, you lose! Your words: This method is very risky and aggressive and does not account for not having liquidity for any given reason that life throws at you. My answer: Ambroise Method has 2 different types of users. We have what we refer to as a Normal User and We have an Advanced User. By the way, is there another debt repayment method that offers so many options/users to choose from? On some of my previous videos, I've talked about how people need to stay at a lower percentage of the credit limit if, if, if they are uncomfortable, unsure or don't quite know what they are doing. This in turn will account for whatever liquidity they feel they need to have based on their comfort level! Great questions! Enjoy!

Answer to question #1- You would be right if you've plugged in the interest paid/Monthly interest charges in your computation but since the Average Daily Balance Method is the most common method used by most lenders; then using the Average Daily (instead) would put you more in line with what the lenders are doing. 10,000 x 18.97% effective rate, divided by 365 days (assumed) = 5.1973 Avg. Daily Answer to questions #2 and #3- Ambroise Method is a revolutionary debt repayment method. We are not handicapped or limited by what the big banks/creditors could do for us. We could still execute our own balance transfers without the help of the big banks/creditors by employing Ambroise's Charge-Pay Technique (Normal) which essentially costs us 0% in fees. Ambroise's Charge-Pay Technique was introduced in those later lessons #11 & #13 and some of the case studies as well Here are some of the links ruclips.net/video/k_EkMBOhZiQ/видео.html ruclips.net/video/DZEDsG7M1Ug/видео.html Great questions! Thank you!

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Thank you for the support!

Point taken! I'll need to buy a bigger board or write more legibly. Thank you

*Hum…. Looks great to me* ❗️ especially if u zoom in & listen or rewind or reduce the speed - *#but** at 1st glance it can be intimidating if you’re new to what’s going on*

They don't have to purchase anything; at a minimum one of the products among many "First Lien HELOC Sweep" is being pushed heavily by multiple channels on RUclips. This product First Lien HELOC Sweep (bi-directional Sweep) in part hope to provide solutions to some of the issues Velocity Banking followers were having, to include Overdraft Fees and transferring funds for every transaction. Thanks for the comment!

Thank you, Sir!