Hey gang. Thanks to Christy, I have improved my credit score, and finally got a LOC. That was the game changer. Because of it, my stress is greatly reduced and I have already taken two trips this year, (last one in Utah) with a cruise in November yet to come. Although Christy is from the U.S., velocity banking works just as well in Canada, where I am. Thank you Christy. You have made a big difference in our lives. P.S. I'm now working with my daughter and teaching her VB. :)
You have been popping up on my feed in the past couple weeks. I have been putting Caleb Hammer practices to use for six months with great results. Once I am at zero debt I will put your practices in to work with my home loan. Thank you and God bless you for a different style of banking and understanding working a home loan. The light at the end of the tunnel is so bright!!!
Velocity banking can accelerate your debt pay down. I watch Caleb too and mention Velocity banking on his videos every chance I get. It can help so many people! Jump in now! No need to wait. I've only been at it for about 9 months and wow what a difference.
Hi Christy, Thank you for your videos, I truly enjoy the level of detail that you go through in making velocity banking so simple.. You got a new fan, and I'm starting to use the tools you have provided. Amazing changes..... wow, a million thanks!
I am a newbie. I’ve got some loans from updating my house. Thank goodness I declined the home improvement loan or home equity loan. I had no idea I could accelerate paying off the debt using my LOC. I’m going to start doing this beginning 2025!! I’m so excited!
Hey just wanted to say how much I was burdened down with debt to the point of worrying constantly but thanks to Christy videos and advice I got a HELOC and now I feel so much lighter and like I have hope for my future. I consolidated all my bills into an open line HELOC and also have cushion for emergencies. Im a widow and was also worried about being able to afford a wedding if my daughter gets married in future but now I’m at peace and that is priceless. Thank you so much Christy.
Hey Christy, just wanted to say thank you for sharing velocity banking with us. I am putting it into practice getting approved for a first lien HELOC at our local state employee credit union
Christy...God Bless You and Your Family!!! Just watching your videos has changed me life and my mindset on utilizing the correct bank product(s). This information in for everyone...We just have to see it. Stay Blessed, and Stay Humble...Hugs & Blessings Queen🙏❤🙏🖤🙏💚🙏
Thank you for the videos. I'm learning different options from you regarding buying a new home. Unfortunately, I paid one house off the old fashion way.
@@sarita5572 Yes, that's what's most helpful, not the infomercials for money max and other companies she's become an ambassador for. one of those is extremely expensive and my money needs to go to the debt tool ... and the other I found out you have to have quite a bit in savings reserve to qualify. well that's not us. So just want to keep encouraged that the math maths with real life cases.
Hi Christy I have no debt just rent and living expenses no car note score 724. I want to get a house and car I am very new to this process. Any advice would help.
Christy, I prayed and God sent your wisdom! I was just approved for a PLOC! Should I pay off my credit card debt with this? It will almost max it. I understand the concept of moving my paycheck over, etc., but a little shaky on this part. Thanks so much!
Hi Christy, thank God, ur utube appeared and I watched many of ur utubes. It is very interesting and greatly appreciate u helping especially ppol who r pay check to pay check. I do hv question, for a person who has only heloc debt example 30 or 40k, what strategy to pay off? Most of ur examples r heloc of 10k range, unless I am missing ur other utube? Help please direct me. God bless ❤
We consolidated with a heloc with most of it fixed before rates went up. Have about 3500 available to draw at higher rate, (but lower than credit cards) we have 5 years left on our draw period. If I start with that amount, the first payment is fixed plus interest, so how would payment be applied to heloc? Would it be interest only on the future draws? Are the payments and paycheck deposits made to fixed portion and just interest on the second thereby still increasing the available credit and any withdraws then is put on the higher variable rate, but still lower than the credit card rates? Is that a plan that could still work?
Christy, Im opening a heloc through DCU for some home renovations. The interest rate is prime at the moment but they do offer the option to lock in a fixed rate on up to 2 draws at 1 time. Now the lock in rate depends on how many years i want the term to be on the draw 5, 10 etc. Do you think it would be wise to lock in a rate now on a draw or just leave the interest rate alone with the hopes that federal interest rates begin to dip??
I'm confused. What's the difference between dumping a lump sum into your PLOC than dumping it into your credit card debt or home loan. Both have internet that will be reduced because of reducing the amount.
Have 3 cc's and two car notes help. Cc's are maxed 500, 2000, 3500, car notes 336, 681 total income 4000, expenses 950, rent car ins 226, utilities 200 depending on season need help on getting rid of ccsebt and car notes
LOC can be used to describe a HELOC, but it can also refer to a regular Line of Credit (bank, credit union). Christie has taught us how to use a credit card with a large credit line, to accelerate paying off debts. We can refer to this credit line as a “line of credit “ per se.
Hi, I had that same issue and this is what I do, you have to but your deposit in your checking account then transfer it to your heloc then transfer money back to your checking account to pay your bills as needed. Hope this helps 😊
Do you think I should take a 50k loan with 3.875% on my retirement account(tsp) and place it on mortgage principal. I currently owe $367 with 6.875% for a 30yr mortgage.
I can’t be in attendance because of my work schedule. Will the conference be streamed?? Would love to watch at-least!! I’m new to the whole idea of velocity banking. I do have a car loan through my bank Navy federal for 27,000. But I tried to get a line of credit to start with the whole velocity banking concepts but was denied. I was a bit down about it. But Im thinking to ask for a reconsideration. I wanting to pay my cards down as well as a hefty payment towards the car loan. I don’t own a home, I still rent. So I can’t get a heloc. Im a single mother and have a great job, making decent money but just need some direction and help. Any suggestions will be appreciated!! Thank you in advance!!
Hi Christy, I started my Velocity banking this year. I love the concept but have a question. Is it better to put all your income into either your HELOC or all into your credit card? I have been splitting it up between my HELOC and credit card. Does it matter?
Hello - I was wondering if you can clarify, when you say 'put all your income', do you mean that you make a payment ON your credit card or HELOC via your checking account (where presumably your paycheck is deposited)? I'm very new here and just trying to understand exactly what Ms. Vann means specifically. Thanks for any info you can offer.
I took money from my checking from bank A to put in bank B biz loc. In order to access loc had to xfer to bank B biz checking, paid some on two cc's but one cc is not biz but from that same bank B so not allowed to xfer to cc. I feel like I could have just have xferred from checking to biz checking or just kept paying from reg bank A checking. How did depositing in the loc even help if you cant even access without xferring to Biz checking B ?
Hi Christy, what's your view on transferring to zero % interest credit cards, making monthly payments in amount that will pay it off by end of rate ending.
I know refinancing is a bad idea for it will reset the loan. Now , what about RECASTING a mortgage loan ? Would that be smart to do. I don’t think you have talked about recasting a loan in your videos
Susan from Texas!! Hi special lady... I'm new to your teaching. I previously did the credit card payments in small amounts on a weekly basis and 2 of my accounts closed me out. (Capital One) & (One Credit) Why would this happen? It dropped my score
I am new to this channel. Never heard of VB before, but it sounds great. And I love Christy!!! Good heart. I am 71, widowed and I am a cancer patient of 11 months. I’ve had chemo, surgery, radiation, physical therapy and I’m still not through it. I said that because I just don’t have the ability right now to figure all this out. I’m not savvy on the computer , so I’m having trouble with the spreadsheet. I’ve got about 7,000 in cc debt left. Unfortunately, I used my savings to pay down a lot of debt. Didn’t know about VB. I need help with the spreadsheet, but I need help with figuring out VB and how to make it work for me. I was going to sign up for a call with Anna, but I don’t know how to send her the spreadsheet. Lol. I’m sure you are all laughing. Lol. It’s funny in this day and age for someone not to know this. Any help or advice would be appreciated.
Has anyone used the video link for first lein helocs and is working with Jayson Cahill? He is wanting us to do either a second lein heloc or a home equity loan to obtain 20,000 in our bank in Order to be approved for first lein heloc 😅
Re: if using cc for loc should one use more than one? I have two one has loc of $4700 and the second loc of $4000? So many things I don’t understand! I live in Texas so apparently Heloc is not a option.
Christy Im trying to work velocity It is truely a Godsend (just hard to see results at moment being hammered with financial life pop-ups😕) my comment is when u say MMX only requires 50$cash flow, no this or that..I did the zoom, applied for it but I cant afford the up front couple thousand not room on a CC for 4 mths cause of life popups happening. I was SO BUMMBED!! I was hoping to work it. I feel it is a good thing but it hit me hard once again needing that upfront $$ to get started. Im not against paying for the service at all. If only it was spread out a bit somehow. The $$ is taken 1st before any help. Sorry venting s bit. I always fall through the cracks when it comes to getting some type of help. I really appreciate that u serve with Love & Glory to The Father & always point to Him. You always let it be known that you have it all out there free to use!! Thats why I Love you & your way. Wish I could attend the conference, would Love to hug u & thank u in person! 💜✨
Hey gang. Thanks to Christy, I have improved my credit score, and finally got a LOC. That was the game changer. Because of it, my stress is greatly reduced and I have already taken two trips this year, (last one in Utah) with a cruise in November yet to come. Although Christy is from the U.S., velocity banking works just as well in Canada, where I am. Thank you Christy. You have made a big difference in our lives. P.S. I'm now working with my daughter and teaching her VB. :)
Same with me! It works!
@@Joce123 I'm going to that with my department store.
@SlaveKing That’s wonderful!! Thank you for sharing!
Hiiii from Utah!
I am doing great with my ploc.Thank you for teaching me about this. My cc debt is almost gone in 4 months. 5 cc gone in 3 months.
Thank you so much for your videos! You are changing the lives of all of us. Bless you!
You have been popping up on my feed in the past couple weeks. I have been putting Caleb Hammer practices to use for six months with great results. Once I am at zero debt I will put your practices in to work with my home loan. Thank you and God bless you for a different style of banking and understanding working a home loan. The light at the end of the tunnel is so bright!!!
Velocity banking can accelerate your debt pay down. I watch Caleb too and mention Velocity banking on his videos every chance I get. It can help so many people! Jump in now! No need to wait. I've only been at it for about 9 months and wow what a difference.
Hi Christy, Thank you for your videos, I truly enjoy the level of detail that you go through in making velocity banking so simple.. You got a new fan, and I'm starting to use the tools you have provided. Amazing changes..... wow, a million thanks!
That's what happens thr truth is always hidden keep teaching we will all spread your words
I am a newbie. I’ve got some loans from updating my house. Thank goodness I declined the home improvement loan or home equity loan. I had no idea I could accelerate paying off the debt using my LOC. I’m going to start doing this beginning 2025!! I’m so excited!
Hey just wanted to say how much I was burdened down with debt to the point of worrying constantly but thanks to Christy videos and advice I got a HELOC and now I feel so much lighter and like I have hope for my future. I consolidated all my bills into an open line HELOC and also have cushion for emergencies. Im a widow and was also worried about being able to afford a wedding if my daughter gets married in future but now I’m at peace and that is priceless. Thank you so much Christy.
Hi Social Security Income our 1st month was scary But our Credit scores went up 22 points!!!!
1:05:00 Christy, you have me crying my eyes out!
You’re amazing thank you for assistance in creating a better financial future for us all…
Hey Christy, just wanted to say thank you for sharing velocity banking with us. I am putting it into practice getting approved for a first lien HELOC at our local state employee credit union
🎉🎉🎉 Incredible...that's my Goal too!
Christy...God Bless You and Your Family!!! Just watching your videos has changed me life and my mindset on utilizing the correct bank product(s). This information in for everyone...We just have to see it. Stay Blessed, and Stay Humble...Hugs & Blessings Queen🙏❤🙏🖤🙏💚🙏
Thank you for the videos. I'm learning different options from you regarding buying a new home. Unfortunately, I paid one house off the old fashion way.
I miss your old school case videos.
Me too! I keep telling her to post her debt pay down videos. I love those!
@@sarita5572 Yes, that's what's most helpful, not the infomercials for money max and other companies she's become an ambassador for. one of those is extremely expensive and my money needs to go to the debt tool ... and the other I found out you have to have quite a bit in savings reserve to qualify. well that's not us. So just want to keep encouraged that the math maths with real life cases.
Me too!
Appreciate all the help you have provided best PLOC and Hloc out there
Pleaseeeeee explain a LOC v's a credit card loan to use as a solution to pay off a MTG or other debts???
I am here 🎉❤ I love your teaching
Hi Christy I have no debt just rent and living expenses no car note score 724. I want to get a house and car I am very new to this process. Any advice would help.
Christy, I prayed and God sent your wisdom! I was just approved for a PLOC! Should I pay off my credit card debt with this? It will almost max it. I understand the concept of moving my paycheck over, etc., but a little shaky on this part. Thanks so much!
Thank you
Ok I need to get a HELOC because they didn’t approve us for Line of Credit because DTI. And then we pay all the monies to the HELOC correct
1:09:00 I lived that life, I still have ptsd from financial trauma as a mom
Hi Love the channel.I have a question I have a rental mortgage can I get a business line of credit to pay the rental’s mortgage?
How can I use my credit card as an overdraft for my bank account and get out of debt
Hi Christy, thank God, ur utube appeared and I watched many of ur utubes. It is very interesting and greatly appreciate u helping especially ppol who r pay check to pay check. I do hv question, for a person who has only heloc debt example 30 or 40k, what strategy to pay off? Most of ur examples r heloc of 10k range, unless I am missing ur other utube? Help please direct me. God bless ❤
We consolidated with a heloc with most of it fixed before rates went up. Have about 3500 available to draw at higher rate, (but lower than credit cards) we have 5 years left on our draw period. If I start with that amount, the first payment is fixed plus interest, so how would payment be applied to heloc? Would it be interest only on the future draws? Are the payments and paycheck deposits made to fixed portion and just interest on the second thereby still increasing the available credit and any withdraws then is put on the higher variable rate, but still lower than the credit card rates? Is that a plan that could still work?
Where is the best place to open a LOC?
Is this the same as overdraft? Does this apply on any bank or credit union? Thank you
Christy,
Im opening a heloc through DCU for some home renovations. The interest rate is prime at the moment but they do offer the option to lock in a fixed rate on up to 2 draws at 1 time. Now the lock in rate depends on how many years i want the term to be on the draw 5, 10 etc.
Do you think it would be wise to lock in a rate now on a draw or just leave the interest rate alone with the hopes that federal interest rates begin to dip??
Can you tell me what credit union you use and link with your credit card use PLOC to pay your utilities. I live in Charlotte North Carolina.
I'm confused. What's the difference between dumping a lump sum into your PLOC than dumping it into your credit card debt or home loan. Both have internet that will be reduced because of reducing the amount.
Have 3 cc's and two car notes help. Cc's are maxed 500, 2000, 3500, car notes 336, 681 total income 4000, expenses 950, rent car ins 226, utilities 200 depending on season need help on getting rid of ccsebt and car notes
Thank you so much for your videos, VANNtastic!. Here is my question: is a LOC is the same as a HELCO? If not. what is the difference? Thank you.
@jriver64 There a personal lines of credit and HELOCs.
LOC can be used to describe a HELOC, but it can also refer to a regular Line of Credit (bank, credit union). Christie has taught us how to use a credit card with a large credit line, to accelerate paying off debts. We can refer to this credit line as a “line of credit “ per se.
Hi Christy, how do you manage a HELOC that doesn't allow direct deposit, and only had paper checks as options for draws.
Hi, I had that same issue and this is what I do, you have to but your deposit in your checking account then transfer it to your heloc then transfer money back to your checking account to pay your bills as needed. Hope this helps 😊
You mentioned a lender for a HELOC on a rental property. How can I get that info from you please?
Do you think I should take a 50k loan with 3.875% on my retirement account(tsp) and place it on mortgage principal. I currently owe $367 with 6.875% for a 30yr mortgage.
Hi, i just found you. What are the req. For a line of credit. Can i do it with a bad credit score?
Tried to download work sheet you were offer wouldn't download
I can’t be in attendance because of my work schedule. Will the conference be streamed?? Would love to watch at-least!! I’m new to the whole idea of velocity banking. I do have a car loan through my bank Navy federal for 27,000. But I tried to get a line of credit to start with the whole velocity banking concepts but was denied. I was a bit down about it. But Im thinking to ask for a reconsideration. I wanting to pay my cards down as well as a hefty payment towards the car loan. I don’t own a home, I still rent. So I can’t get a heloc. Im a single mother and have a great job, making decent money but just need some direction and help. Any suggestions will be appreciated!! Thank you in advance!!
Hi Christy, I started my Velocity banking this year. I love the concept but have a question. Is it better to put all your income into either your HELOC or all into your credit card? I have been splitting it up between my HELOC and credit card. Does it matter?
Hello - I was wondering if you can clarify, when you say 'put all your income', do you mean that you make a payment ON your credit card or HELOC via your checking account (where presumably your paycheck is deposited)? I'm very new here and just trying to understand exactly what Ms. Vann means specifically. Thanks for any info you can offer.
I took money from my checking from bank A to put in bank B biz loc. In order to access loc had to xfer to bank B biz checking, paid some on two cc's but one cc is not biz but from that same bank B so not allowed to xfer to cc. I feel like I could have just have xferred from checking to biz checking or just kept paying from reg bank A checking. How did depositing in the loc even help if you cant even access without xferring to Biz checking B ?
I need that Tx lender for the HELOC
@christophers email me and I will introduce you to that lender.
Can we get your email please :)
I sent an email to your contact info on your website but it didn’t give an option to ask a specific question.
@@church8336 can you put your email in here? Or send a contact form and check FIRST LIEN LENDER
Hi Christy, what's your view on transferring to zero % interest credit cards, making monthly payments in amount that will pay it off by end of rate ending.
You CAN do this, but once your money goes to the cc company it’s gone. If you use a LOC you can always use the money again if you need to.
Christy- I tried to book with you and it’s wanting to charge me. Where’s the 4-people group? I’d love to get to know others and gain connections.
I know refinancing is a bad idea for it will reset the loan. Now , what about RECASTING a mortgage loan ? Would that be smart to do. I don’t think you have talked about recasting a loan in your videos
Hi Chirsty, what credit union do you have that has your checking and CC linked? Thank you
Susan from Texas!! Hi special lady... I'm new to your teaching. I previously did the credit card payments in small amounts on a weekly basis and 2 of my accounts closed me out. (Capital One) & (One Credit) Why would this happen? It dropped my score
is it common for bank to require debt payoffs at HELOC closing
I am new to this channel. Never heard of VB before, but it sounds great. And I love Christy!!! Good heart.
I am 71, widowed and I am a cancer patient of 11 months. I’ve had chemo, surgery, radiation, physical therapy and I’m still not through it.
I said that because I just don’t have the ability right now to figure all this out. I’m not savvy on the computer , so I’m having trouble with the spreadsheet.
I’ve got about 7,000 in cc debt left. Unfortunately, I used my savings to pay down a lot of debt. Didn’t know about VB.
I need help with the spreadsheet, but I need help with figuring out VB and how to make it work for me.
I was going to sign up for a call with Anna, but I don’t know how to send her the spreadsheet. Lol. I’m sure you are all laughing. Lol. It’s funny in this day and age for someone not to know this.
Any help or advice would be appreciated.
I just do all my stuff on lined paper with a pencil. But I do it on my own. I haven't had any calls with anyone. Praying for healing for you!
Thank you for your help. That’s what I’m doing right now too. Lined paper.
Has anyone used the video link for first lein helocs and is working with Jayson Cahill? He is wanting us to do either a second lein heloc or a home equity loan to obtain 20,000 in our bank in Order to be approved for first lein heloc 😅
How do i get to the playlist
Can i get more than 1 ploc?
hello
What's the difference between a first and second lien heloc
The first lien product (can be mortgage or loc) gets paid first in case of sale or repossession; the second lien gets paid second in that scenario.
I need that NO button 😅
LINES NOT LOANS
💜✨
❤
❤❤
Re: if using cc for loc should one use more than one? I have two one has loc of $4700 and the second loc of $4000? So many things I don’t understand! I live in Texas so apparently Heloc is not a option.
Christy Im trying to work velocity It is truely a Godsend (just hard to see results at moment being hammered with financial life pop-ups😕) my comment is when u say MMX only requires 50$cash flow, no this or that..I did the zoom, applied for it but I cant afford the up front couple thousand not room on a CC for 4 mths cause of life popups happening. I was SO BUMMBED!! I was hoping to work it. I feel it is a good thing but it hit me hard once again needing that upfront $$ to get started. Im not against paying for the service at all. If only it was spread out a bit somehow. The $$ is taken 1st before any help. Sorry venting s bit. I always fall through the cracks when it comes to getting some type of help. I really appreciate that u serve with Love & Glory to The Father & always point to Him. You always let it be known that you have it all out there free to use!! Thats why I Love you & your way. Wish I could attend the conference, would Love to hug u & thank u in person! 💜✨