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[DenzelNapoleonRodriguez]

Hello everyone I made a mistake on this video in regards to Christy’s video William Lee math is actual more accurate and velocity banking will take longer than 10 months to pay off the debt that was covered. It’s a mistake and I will own up to it along with putting a video out explaining where I messed up stay tuned.

[askmehowibudget]

Oooh! I’ve been looking forward to this video! Going to play this on my way to the grocery store!

[JeremyLJordan]

Great video! I've been following the velocity banking approach for quite some time and I love it! My only issue now is after working on rebuilding my credit for the past couple of years and now able to get lines of credit and credit cards, how can I start getting bigger lines of credit? All I seem to be able to get are $1k-$2k limits. Thank you.

[ebonywinn]

Well if Matt the Mortgage Guy is the same one as MG The Mortgage Guy on EYL, he associates with scam artists in the real estate business, so he has NO room to talk about scamming 🤔😂

[candyapple]

I paid some much stuff off. Watching the Velocity Channel years ago.

[DebtfreeMike]

When you mention amortized interest what do you really mean. Isn’t interest on a car loan or mortgage calculated on the principal balance? I know there is an amortization chart showing what it would be IF only the regular payment is made. Many VB advocates talk about front loaded interest. If i were to pay cash flow straight to the loan principal wouldn’t it reduce the interest paid as well? The problem with Christy is she never makes apple to apple comparisons. Sometimes, paying cash flow straight to principal balance is just as fast and less interest than VB. If I have a car loan at 2.5% with a cash flow of $1600 wouldn’t it make more sense to pay the cash flow to principal rather than an LOC of 10% and transfer the car loan balance to that? Of course I would pay more interest if I just make the minimum car loan payment. She would be much better served if she didn’t try to force VB but show an honest comparison of what method works best for each client. Thanks for trying to show an honest representation of what VB is and how to use it.

[steveo]

Hey Denzel. I'm getting a 15 year fixed heloc from my credit union. Would it be a problem paying my car loan off with this same credit union with this heloc?

[schrodingerscat]

this must be a very new thing if there's conflicting views.
if it's already been applied successfully then that's all that matters.
we don't have debates on why BRRRR doesn't work, because it's worked.
needs to be a full discussion between opposing views for further clarity, kinda insane that this is not a well-known thing.

[dianashelton]

I can not find a address to email requesting docs without filling out the full contact info

[TheRealJohnnyCash]

Since NFCU is no longer offering PLOC do you recommend switching to another bank?

[cyndigreenwood]

I really like this video. I have been watching Christy for over a month now.. I had to watch numerous vidoes of hers to understand that she was over estimating on some numbers and doing the interest math on the high balance. Which is completely understandable for time restraints and the fact it is just a video to give you an idea of what it could be.
Reading comments and seeing people do not quite understand what is actually going on, I wish some of these facts were stated during the presentations.
I finally figured out about due dates and closing dates on my own. But I probably had to watch 30+ videos for it to click.
I wish someone took the time to break it down like you did in this video, it at least confirms I have some kind of real idea how it actually works.
There are others out there (making velocity journey videos) that I feel I personally want to make a reply video to. So I am glad you did it for me! Lol TBH, I love videos like this breaking down what is actually happening in other videos. I think they are more worthwhile.
Basically, Thankyou for this review.
It makes alot more sense to someone who is not in the financial world.