What is a Line of Credit?

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My boss explained this to me and I looked at him like he had a 2nd head coming out his neck, he actually uses this technique for the business and his credit is in the 800s

austinknight
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Just tuning in, learning soooo much thank you for the information! ❤

klittles
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Excellent clarity! Thank You! keep it going and
Give us some more! ❤

ericspivey
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Can you believe that I have been watching your channel, since you started, and we have never, been able to Signup & get started on working your amazing programs magic, because of my health, & my wife's dought! I believe it works, so many have proven you right!

WILLIAMALLENAYL-SUCCESS
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So glad your channel popped in my recommendations, subbed I have a lot to learn and appreciate you sharing your knowledge

ABasedTohan
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Well, I was inspired from you and I did it...I am nervous, not gonna lie...but if it works...I'll be so happy!! I'll update you in a few months haha.

veeeff
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Thank you for the information. Good luck

c.parker
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Also thanks for just a simple explanation video.

mithrilsilver
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Thank You. Ive been listening to your videos esp. the one about HELOC to paydown a mortgage. I am not the sharpest tool in the shed so I talked my son into watching the HELOC so we could go at it with two heads. He is a CPA and works for a local City government. Of course, "mom is out of her mind and wants me to waste my time watching something that will probably bore me to death". Well YOU certainly got his attention!!!! Thank you so much for sharing. Now all of a sudden I see other You Tubers putting out videos as well. I think you are the orginal You Tuber to do this (not sure, just assuming, I guess) and won't even waste my time with anyone else. Thank You Girl!

andreaviverito
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Thanks, Christy, for your clear and concise explanation about the LOC. It did help us a not. God bless you!

antoinetteabouantoun
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This video helped clear up a LOT for me. I plan on buying my first home later this year and will be using velocity banking to pay it off in no time

khukri_wielderxxx
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1:18 you said line of credit can be a credit card and 2:39 you said the interest of the line of credit is charged different than a credit card....im confused enlight me

freshflashZenith
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This made money so simple for me.❤thank you

glendagray
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Great explanation. Easy to understand ❤

johnpistilli
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Thanks. I'm going to see about a ploc asap to buy a new car.

mithrilsilver
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My Line of credit is 150 i just started it off but I got it to 146 points I take it out let the bill cycle next month be completely paid off get +9 Everytime then take it out and repeat the process. Money isn't the problem I just used to have bad credit and trying to get a car lot

ignatiouswheatley-ibqv
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Ok. I can take out a ploc to buy my car or a house. Preferably for big purchases.

goddessk
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Thank You for breaking this down for me🙂

Dastormcoming
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Would be extra special if Christy could give us her top choices in lenders of PLOCs. She's so smart about this. What would be the critical elements of a good PLOC?

JeffreyGLutz
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How do I apply for a line of credit for a business to pay off credit card debt and start velocity banking ?

jhonnygarcia