Pay with Your Line of Credit | Velocity Banking

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  • เผยแพร่เมื่อ 20 ส.ค. 2024
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    Velocity Banking Expert Conanjay Wallace shares how you can pay your loans using your line of credit.
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ความคิดเห็น • 36

  • @rohansharma3739
    @rohansharma3739 ปีที่แล้ว +5

    This my first ever comment on any youtube video! Fantastic job buddy, no surprise that this video didn’t hit mil views cuz there aren’t many smart people searching for that kinda stuff.
    Great job man, helped me a lot 💯☀️

    • @velocityc
      @velocityc  ปีที่แล้ว

      @rohansharma3739 Thank you for your comment and for subscribing ;)
      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!

  • @christophercalloway5531
    @christophercalloway5531 ปีที่แล้ว +5

    I am so glad I came across this. I’ve been doing it without understanding how to systematize it. Give thanks for sharing the knowledge Bro

    • @velocityc
      @velocityc  ปีที่แล้ว +2

      Christopher, Thank you so much and let me know how we can help:
      bit.ly/economicallyindependent

  • @Valkyry5
    @Valkyry5 ปีที่แล้ว +6

    Yeah, I'm glad I did come across this as well. I'm a home owner and Don't know how to utilize a heloc. This is shedding light. I Still got to wrap my head around it tho. Thanks brother

    • @velocityc
      @velocityc  ปีที่แล้ว +1

      @Valkyry5 Thank you for your comment and for subscribing ;)
      If you're interested in discussing further, you can click here to get on my calendar: calendly.com/creditwiz/velocityc
      If you would rather take my class, you can do that too: bit.ly/VelBan2
      If you need funding right now, you can do that: bit.ly/givemeloannow
      Go forth and prosper!

  • @letsgetitthen4507
    @letsgetitthen4507 10 หลายเดือนก่อน +3

    Man this was so great for me. Very easy to follow along, and actually understand the concept! Thank you sir🤝

    • @velocityc
      @velocityc  9 หลายเดือนก่อน

      @letsgetitthen4507 You're very welcome.
      If you'd like to know more, I would love to show you:
      calendly.com/g12group/velocity-channel
      Or
      If you would rather learn Velocity Banking, I can deliver that too:
      bit.ly/VelBan2
      CJ

  • @cjram
    @cjram ปีที่แล้ว +3

    I am so thankful to have come across this video! You make it so simple to understand, thank you so much! I just came back from the bank and signed up for a PLOC. I'm still a bit confused about it, but I'm beginning to understand.

    • @velocityc
      @velocityc  ปีที่แล้ว

      CJ RAM Thank you for subscribing ;) - if you need to take this to the next level, let us know...
      calendly.com/g12group/discover

  • @yabuddy90210
    @yabuddy90210 ปีที่แล้ว +3

    You are the best! Thank you for all the info!

    • @velocityc
      @velocityc  ปีที่แล้ว +1

      Thank you foe commenting. Head to the website: creditfinancenewz.com and sign up.
      I am looking forward to working with you.

  • @coupe_dville
    @coupe_dville ปีที่แล้ว +1

    This is great information. 💜💛💜💛

    • @velocityc
      @velocityc  ปีที่แล้ว

      Coupe_Dville Thank you for your comment and for subscribing ;)
      If you're interested in discussing further, you can click here to get on my calendar: calendly.com/creditwiz/velocityc
      If you would rather take my class, you can do that too: bit.ly/VelBan2
      Thank you!

  • @reyeshernandez5720
    @reyeshernandez5720 ปีที่แล้ว +3

    Good morning, I have a question, to use line of credit as cash and then to replenish, do I need to ask for a debit or credit card for the line of ?credit,or what other way can it be done.

    • @velocityc
      @velocityc  ปีที่แล้ว +1

      That's a great question. Usually it's a debit card that gets taken from the Line of Credit. Because every bank is different, if you want to discuss that further, feel free to reach out...
      calendly.com/g12group/velocity-channel

  • @babyj5261985
    @babyj5261985 7 หลายเดือนก่อน +2

    This video really doesn't explain anything. Why not use any extra cash flow to just make principal payments to the original loan?

  • @HurleyBrley
    @HurleyBrley 7 หลายเดือนก่อน +1

    I see the idea, but seem to be missing something.

  • @ygbodybuilder3023
    @ygbodybuilder3023 11 หลายเดือนก่อน +2

    Let's say if I use money from my line of credit and pay it back the exact same day will I have to pay interest

    • @velocityc
      @velocityc  11 หลายเดือนก่อน +1

      @ygbodybuilder3023 Not if all paid back the same day. If you do, that card is shadier than shady. LOL.
      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

  • @journalist77
    @journalist77 11 หลายเดือนก่อน +1

    Thabk you, thank you, thank you.

    • @velocityc
      @velocityc  11 หลายเดือนก่อน

      @journalist77 You're welcome. Let me know how everything turns out.
      If you'd like to know more, I would love to show you:
      calendly.com/creditwiz
      Or
      If you would rather learn Velocity Banking in the comfort of your own home, I can deliver that too:
      bit.ly/VelBan2
      CJ

  • @koiyadanielle
    @koiyadanielle ปีที่แล้ว +1

    Great tips!!!

    • @velocityc
      @velocityc  ปีที่แล้ว +2

      Thank you. If you'd like to learn more just reach out: calendly.com/g12group/discover

    • @koiyadanielle
      @koiyadanielle ปีที่แล้ว

      @@velocityc sure will! Ty

  • @d.w.7039
    @d.w.7039 5 หลายเดือนก่อน +1

    How do I pay "FROM" my line of credit when the representative tells me there is no routing number? no videos are showing me this.

    • @Codiicito
      @Codiicito 3 หลายเดือนก่อน

      I feel like you could withdraw cash from it and then put it in your debit card. I could be wrong tho, I’m not sure

  • @user-lc7zt8sk6i
    @user-lc7zt8sk6i 2 หลายเดือนก่อน

    This cat reminds me of someone...🤔

  • @Knitty610
    @Knitty610 4 หลายเดือนก่อน

    So you keeping the loc balance basically the same but u paying off the loan and or credit card? $1000 into LOC account, then take that 1K and pay you loan/credit.. so you paying down the cc/loan but LOC balance just stays the same.. essentially leveraging the LOC to pay the debts. I have a LOC and a HELOC w same credit union and the monthlys are about $250 each per month. I was thinking about using both of them to pay each other. Transfer the money to my checking account for both and then make the payments 🤣 so they essentially pay each other's monthly each month bcuz i wanted to take that $500 that i was paying them out of my CA.. and put that extra $500 to pay down my credit cards. Mind really blown w this velocity ish. But if u can answer my question i would appreciate it bruh.

  • @sacredrosarium1552
    @sacredrosarium1552 8 หลายเดือนก่อน +1

    I don't understand 😕

    • @velocityc
      @velocityc  8 หลายเดือนก่อน

      To be honest it's so simple, it's easy to misunderstand. Let's talk -
      calendly.com/g12group/velocity-channel

  • @Justshill
    @Justshill 10 หลายเดือนก่อน +2

    So do you still keep a checking account?

    • @velocityc
      @velocityc  9 หลายเดือนก่อน

      @Justshill Absolutely.
      If you'd like to know more, I would love to show you:
      calendly.com/g12group/velocity-channel
      Or
      If you would rather learn Velocity Banking, I can deliver that too:
      bit.ly/VelBan2
      CJ

  • @xaviersmom337
    @xaviersmom337 4 หลายเดือนก่อน

    A problem I am having a finding a bank that does lines of credit. I asked all of my banks mcu, chase, TD and they all say they dnt do lines of credit only overdraft protection

  • @bigfndeals3169
    @bigfndeals3169 7 หลายเดือนก่อน

    Hope you get to the point faster in your class. I could get a PhD in the same amount of time.