Line of Credit IS Your New Checking Account || Eliminate Loans With Velocity!

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  • Опубликовано: 28 авг 2024

Комментарии • 59

  • @mrcarterfx885
    @mrcarterfx885 Год назад +18

    You’ll be able to increase your available credit to 100,000 Dollars way before you’ll be able to save $100,000 in savings account

    • @velocityc
      @velocityc  Год назад +1

      @mrcarterfx885 Yes... that's it right there!

    • @Cruzan9
      @Cruzan9 Год назад +1

      That's intriguing.

    • @velocityc
      @velocityc  Год назад

      @@Cruzan9 what's more intriguing is this... automated: calendly.com/g12group/velocity-channel

  • @Sandy.8888
    @Sandy.8888 9 месяцев назад +7

    This took works and banks know it. Wells Fargo discontinued providing LOC. Chase doesn’t offer this loan. BOA same thing. This works and banks want us to fail and make them more money.

    • @Snakeyes11123
      @Snakeyes11123 2 месяца назад +1

      Local credit unions offer PLOCs, at least one of them by me does. I got a line of credit and I’ve drawn on it twice.

  • @childofgodbro
    @childofgodbro Год назад +7

    God bless you my Brother! I feel like I’m right there in the room with you🤦🏾‍♂️😂💙 keep elevating and May God increase your blessings in Jesus name,Amen ❤

    • @velocityc
      @velocityc  Год назад +1

      @childofgod7230 I receive it and thank you.
      If you'd like to know more about Automated Velocity Banking, I would love to show you:
      calendly.com/creditwiz
      I will be on with you.
      Trust to talk soon
      CJ

    • @childofgodbro
      @childofgodbro Год назад

      @@velocityc I'm on it! I look forward to speaking with you!

  • @MrArtVein
    @MrArtVein 8 месяцев назад +4

    This is a compliment. You remind me so much of Kanye with your enthusiasm

  • @Cruzan9
    @Cruzan9 Год назад +6

    Clear as mud. I am not very good with numbers so a lot of this stuff is plain confusing to me. The fact that I manage to stay in the black must mean I am doing something right. I don't even know if I need a line of credit. I suppose if I understood it better I would know.

    • @velocityc
      @velocityc  Год назад

      @Cruzan9 Thank you for your comment and for subscribing ;)
      Sounds like we need to talk.
      If you're interested in discussing further, you can click here to get on my calendar: calendly.com/g12group/velocity-channel
      If you'd like to stay in the know with the latest Velocity Banking Methods, subscribe here: sendfox.com/velocityc
      Look forward to working with you.
      Go forth and prosper!

    • @nursed.porchae990
      @nursed.porchae990 6 месяцев назад

      Same 😩

  • @velocityc
    @velocityc  3 года назад +17

    It is time to change our thinking when it comes to our checking and "savings" accounts.

  • @DrFinancialLiteracy
    @DrFinancialLiteracy 6 месяцев назад +2

    Great information!

  • @lawron2
    @lawron2 5 месяцев назад +1

    Remember, it's not in the best interest of the banks to make you debt free 😅😅. Offering you an LOC will put you on a fast track to being financially free if you do the right thing. I dont know any major financial institution that offers LOC.

  • @keepitsimple5744
    @keepitsimple5744 3 года назад +5

    These videos really help me understand this cash flow and the use of the line of credit. How many lines of credit should one have? I currently have a care credit line of credit for a dental procedure that I needed. My balance is now under $700. The credit limit is $ 1500 and $47 due monthly. I also have a credit card with a limit of $10K, with a balance of $8200 and $219 monthly payments. ( After I pay off my care credit balance of $600, should I stop using it for medical expenses, and use my major credit card for medical expenses along with my other expenses? I'm working on paying it off next. I don't have a HELOC. Thank you!

  • @jotiqueharlee9714
    @jotiqueharlee9714 3 года назад +2

    New subbie here!!! I am doing this this month. I just got a credit card… thank you sir. When my score goes up, then I will get a discover card if possible

    • @velocityc
      @velocityc  2 года назад

      Jotique Harlee Thank you for watching! Let me know how you do. Remember 3-5 cards is the recommendation. Go forth and prosper Jotique!

  • @DreMan112
    @DreMan112 3 года назад +8

    Love your channel bro. How would you use a LOC to invest? I'm always looking for more ways to expand my financial literacy. Leverage is such a powerful tool.
    What ways would you use a LOC for investment?

    • @ronitadevane6055
      @ronitadevane6055 3 года назад +3

      Yes !!! A video about how to invest with LOC would be GREAT.

  • @zee9517
    @zee9517 Год назад +2

    Very informative!!!

  • @KOSisNeeded
    @KOSisNeeded 3 года назад +2

    Keep up the good work!

    • @velocityc
      @velocityc  3 года назад

      Thanks, will do! Have a great day!

  • @goldenstandard187
    @goldenstandard187 2 года назад +3

    🔥🔥🔥🔥🔥🔥🔥🔥

  • @joeyknoewy
    @joeyknoewy 25 дней назад

    What's the difference whether I pay off my loan out of my checking or line of credit? I'll still have to pay off my loc out of my checking.

  • @jaydwgtre0
    @jaydwgtre0 3 года назад +3

    What is your opinion on Wells Fargo eliminating personal credit lines? And I don't think they're the only bank doing that?

    • @velocityc
      @velocityc  3 года назад +3

      Ahhhhhhh. However, they still offer Business Lines of Credit. Time to look into the #1 tax strategy...owning a business. Let me know if you need help with that: info@velocityc.com

  • @grumylynn
    @grumylynn Год назад +3

    Love!

    • @velocityc
      @velocityc  Год назад

      @pradosons Thank you for your comment and for subscribing ;)
      Perfect!
      If you're interested in discussing further, you can click here to get on my calendar: calendly.com/g12group/velocity-channel
      If you'd like to stay in the know with the latest Velocity Banking Methods, subscribe here: sendfox.com/velocityc
      Look forward to working with you.
      Go forth and prosper!

  • @rosesolis1868
    @rosesolis1868 2 месяца назад

    Thank you!

  • @siddiqahhenighan3073
    @siddiqahhenighan3073 7 месяцев назад +2

    OMG! Thank you

    • @velocityc
      @velocityc  7 месяцев назад

      @siddiqahhenighan3073 I also have a class that goes over Velocity Banking in more detail and in a user-friendly format: bit.ly/VelBan2
      or
      You can schedule a call:
      calendly.com/g12group/velocity-channel

  • @goldenstandard187
    @goldenstandard187 2 года назад +2

    🔥

  • @duranrussell9978
    @duranrussell9978 Год назад +2

    Awesome video! Thanks

    • @velocityc
      @velocityc  Год назад +1

      @duranrussell9978 Thank you for watching! Remember to subscribe so that you don't miss out on more awesome videos!

  • @kevinkim2908
    @kevinkim2908 7 месяцев назад +1

    Line of credit means personal.line of credit?

  • @IVIUT3D
    @IVIUT3D 2 года назад +3

    If you not a business owner would stuff like your car oil changes and gas be considered Productive expenses as they are used to keep you working and producing income?

    • @velocityc
      @velocityc  2 года назад

      Todd Lancing Thank you for watching. Absolutely, because you need those vehicles to produce. Great question! Also, I recently launched a class entitled Velocity Banking 2.0 that thoroughly explains what you need to ensure that the Velocity Banking method works for you.
      Check it out here: velocityconsulting.vonza.com/courses/velocity-banking-part-2

  • @sarita5572
    @sarita5572 4 месяца назад

    Is an OLOC the same thing? We went to our credit union and asked for a PLOC and they said they only offer OLOC. It is only for $5000, interest is 13% and it is revolvong. It's also attached to our checking account. There are no extra fees involved with using the money either.

  • @wooten54
    @wooten54 11 месяцев назад +2

    I was supposed to meet with you today at 700pm for 30 minute meeting can't find the Invite on calendly

  • @ygbodybuilder3023
    @ygbodybuilder3023 Месяц назад

    What about this. my line of credit is 19% my credit card interest rate is 31% can I use my line of credit to pay off credit card

  • @patricejackson1550
    @patricejackson1550 3 года назад +3

    Plastiq still worth paying my mortgage through?

    • @velocityc
      @velocityc  3 года назад +2

      It absolutely is Patrice! Reason being, you get to utilize your line of credit. Email me at info@velocityc.com so I can take a look at your situation for free.

  • @chillychill195
    @chillychill195 3 года назад +2

    Very informative let's stay connected new subbie here ❤

  • @ChaseMaximilian
    @ChaseMaximilian 5 месяцев назад

    Does personal line of credit come with Debit Card or some sort of withdrawal card to remove money from the account?

  • @afzaljafri5935
    @afzaljafri5935 3 года назад +1

    How can we open loc with checks writing options?

    • @velocityc
      @velocityc  3 года назад +1

      Afzal thank you for your comment. Here are some banks that I've heard offer pretty stellar lines of credit:
      KeyBank
      Regions Bank
      Pentagon Federal Credit Union
      Of course, I highly recommend Navy Federal Credit Union as well :)
      Let me know if this helps and if you need assistance with any scenarios!

    • @Josh-ii1eq
      @Josh-ii1eq 4 месяца назад

      Heloc

  • @goldenstandard187
    @goldenstandard187 2 года назад +2

    🔥🔥🔥🔥🔥🔥🔥🔥

    • @velocityc
      @velocityc  2 года назад +1

      Goldenstandard Thank you for watching! Remember to subscribe so that you don't miss out on more awesome videos! Also become a member so that you can get an even more in-depth view of Velocity Banking