The TRUTH About Credit Card DEBT Consolidation In 2023! 🤫

If you want to know the best way to pay off credit card debt at 0 percent interest in 2022. This new way will save you a ton of interest and actually keep money in your pocket. The new way to consolidate debt revealed in todays video. Enjoy!!

#debtconsolidation #creditcarddebt #creditscoretips

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[divad]

I always get cards with 0 interest…after the introductory period is over I no longer use them, but keep them open at 0 balance…I just get another 0 percent interest card before the other card 0 interest ends so that way i always have a card no interest…. It shows I have a lot of credit available with low balance and keeps my debt to income ratio low.

[KamaliKasumu]

So I just want to be sure that I completely understood what you said so I am going to repeat what I understood. If I have credit card debt I should (1) Start an LLC, (2) Create a business credit line with my LLC, (3) Transfer the credit debt that I have to my business credit card, and then (4) pay it off with very low interest.

[oreally]

Our people need to learn about good credit. Lot of families weren't taught about good credit. Thanks for what you do.

[followthecalling]

How can you get a business credit card if your personal credit is already bad? How can you transfer tht debt if they are looking at tht debt to approve u in the first place 😫

What am I missing?

[LunaDaSavage]

Thanks brother I do have a business so I think this is perfect for me. I'm gonna get on this TOMORROW

[heartstrings]

I just thought about this. Once you pay it off, you can no longer deduct business credit card interest once there isn’t any.

[thefilipinocannabisguy]

Business credit card, zero interest for x months, transfer personal credit card debts, pay off in full before zero interest runs out, and be a smart adult.

[karenbuckle]

I totally understand what you’re saying, what about some of us we don’t have a business

[troywoodruff]

Big brother I’m so thankful for you. I finished my LLC and just got my EIN last night now waiting on those business credit cards definitely will be doing this I need to get that truck. Thank you so much brother peace and love

[luiamw]

ThaNx Bigg V..😊 🙏 definitely opened my opportunity. stayblessed 🙌

[SQLAC]

This is TERRIBLE‼️ Most people that’s trying to do debt consolidation doesn’t have good personal credit so how can they do this. You didn’t explain nothing

[CC._o.]

How do you transfer the debt to the business account? What if you have high debt like $40, 000 worth?

[martin]

Interesting…..I think 40% of people could make this work for them and 60% would end up having bad credit and debt in two places instead of one. If people are consolidating debt it’s likely coming from different sources and they likely won’t have very good credit. I can’t imagine their line of credit on their business card would be high enough to transfer all their debt?

[brianehardin]

So u telling me I can take all my personal debt and transfer any kind of debt to my business side

[ShadrachTheThird]

i actually learned something . thanks brother

[Aronyl]

Never thought of this. Great idea 💡 👏🏽

[enigmarocker]

If you default on the business credit cards, can they still come after you directly, IF the business is an LLC? Liie cant you technically have the biz file bankruptcy so you dont take the hit personally?

[DiDi_]

Sounds great. Now you gonna tell us how to get these 0% interest business credit cards? 😅 Pretty sure I would have don’t that already, if I had them..

[raevynkinsey]

I don't GAF about my credit score at this point... I just Need to pay off All these credit cards that my ex ran up!

[angelajohnson]

How can you have decent enough credit to get a 0 balance transfer into a business account. Usually if you have a lot of credit card debt on a personal account your score is too low to get approval?