Velocity Banking: How Long Should You Wait To Pay Bills Out Of The HELOC?

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[beekaye]

Denzel, I was looking for something like this but I got so confused.

[Nsmithq]

It makes no sense to use a HELOC to pay your credit card bill. Just use your paycheck to pay your bills and there will be no interest charge.

[sergioblanco]

Question, if my credit card has a closing date of the 1st and a due date of the 23rd, can I wait until the 22 or 23rd to make that full payment from a heloc? Or should I pay it right before the closing date of the 1st to save on the cards interest?