Velocity Banking: The Number One Mistake People Make

🚀 Are you ready to turbocharge your financial freedom journey? In this video, we'll uncover the Velocity Banking: The Number One Mistake People Make! 💥

🔥 We've analyzed the top-performing videos on our channel, and we know that our audience loves practical tips and tricks to eliminate loans and maximize their financial potential. This video is perfect for those who are age 35-54 and are looking to improve their financial situation. 💪

📈 Dive into the world of velocity banking with us as we break down each mistake, explain why it's holding you back, and provide actionable solutions to help you overcome these obstacles. Don't let these common pitfalls slow down your progress towards financial freedom! 🌟

👉 Don't forget to like, comment, and subscribe for more amazing content on velocity banking and financial freedom. Join our community of over 23,000 subscribers and let's build a bridge to financial freedom together! 🌉

🎯 So, are you ready to avoid these common velocity banking mistakes and accelerate your debt payoff? Let's get started! 🚀

[seeyaatthebema]

Hi CJ, I'm a mobile notary loan signing agent and I help people sign their final documents for refi's, purchases etc. I see so many refi's taken out just to pay off credit cards and now that I know about velocity banking, it makes me sad. I've been (carefully) passing on this information to those who seem interested. I say carefully because I doubt that the lenders would appreciate them using their 3 day right of rescission.. lol. I'm using it to pay off my car loan right now, so thank you!

[MrTexaz]

Discipline is important in this journey.

[orealdenney]

I'm loving velocity banking it has lowered myself and my husband's stress tremendously!!!

[petrina]

Thank you i see the picture..
Been knocking my head for years

[sjagain]

The number one mistake people make is not living within their means. The number two mistake is putting everything on credit, and not using their cash flow to pay off their debts. 99% of YouTubers who push Velocity Banking speak about using "debt tools" such as a PLOC, HELOC, and high-limit credit cards to pay down debt which is fine if you can qualify for any of these tools. What you hardly ever hear about is the person who is maxed out on credit, has bad credit and can't qualify for additional credit. They don't talk about the people who are living paycheck-to-paycheck and have ZERO cash flow and no hope for a credit line.

[Joce]

I always look forward to your videos.... good pace and good information.

[ai_robozen]

I love the way you speak and break it down

[LC-hqhc]

Will this work with a interest only heloc?

[LC-hqhc]

Would a intrest only heloc work as a line of credit to use for velocity banking?

[tesahamilton]

If the majority of debt is credit card, how can you use the line of credit to pay it? The only way to get the cash to pay it is to get cash advance, or is there another way to pay off the credit cards?

[BudgetsWithELMA]

Great video! You explained everything very well!

[mslingling]

So how do u do this if u have multiple credit cards? I have 5 of the like I have 2 with capital one n 2 with credit one n 1 with Merrick bank it’s like $326.00 a month all together?

[micheleberry]

What if ur credit is jacked because of high cc debt how do we get a loc to get out of debt

[ProphetPay]

I’m normally great with numbers, but I can’t catch the drift of this.

[leetarn]

Should you take all your savings and apply to thr HELOC?

[AyeItsXander]

What if you paid off your LOC all debts gone where does your pay check go? Let it sit back in checkings account?

[lanessiacarrington]

Bought a 48000 vehicle at regretted 9% was trying to refinance for the original 7%. Should i gonthru with the refinance or just use Velocity to pay it off

[jayjimenez]

Filled out my free analysis hopefully you can make a video. One question i know people say you can pay other credit card or morgage or car loan with a credit card, but i can use cash advanced from my credit car to make those payments no??

[ygbodybuilder]

So I have 27, 000 car loan and I want to get rid of this asap, I have 45, 000 worth of credit cards all paid and I have 5, 000 of line of credit. Can this work for me

[jerrytaylor]

Can you get a HELOC with the same mortgage company that your house is with if the offer it? I have little over 100k in equity.