You can do the same thing in 8 months with out taking out a line of credit by just by putting the cash flow amount to the credit cards, highest intrest rate first and work your way down every month. For 8 to 9 months. You're not saving that much, and you didn't have to take out another lone!! I have done it several times!
plus these numbers dont add up. she only including part of the expenses for rent and utilities. but her had 2715 of expenses... not accounting for like 300-400 of expenses and plus that last month he still has to pay rent and utilities, so it will take another month to wipe out. aside from the lower interest rate, this is deceptive. even with a 680 credit score if his income isnt high enough he might get rejected.
@@natarshiapeckthe missing 400 was paid off by paying those credit cards with a line of credit. This, the living expenses went down immediately. Cashflow is king!
To raise your credit score ..obtain a cash secured loan or credit card from a credit union or bank. Make on time payments for at least 90 days watch your credit score go up and the financial institutions start offering you more credit..especially 0% credit cards. This helps to get you started.
I just wanted to say thank you so much for helping me see things in a completely different way. I feel like I just won the lottery. This is such an amazing way to live. I'm now using my credit cards the way they should be used. Getting out of debt and not living with the paycheck to paycheck mentally.
So i did zero interest balance transfers on all but one of my credit cards and now i’m implementing your strategy. Thank you. For first time in years i can breathe again because i have a plan that works.
Yes yes! Love your knowledge and you sharing with us! I thank God He helped you out of debt and you now give back bc you aren’t trying to money grab while helping those in need. God bless you Christy 💞🥰
Would help if you 1. Clarify where a Loc comes from ex a heloc, cc, personal loan. 2. Mortgage holders and other bills cant be paid each month with a cc, if that is used as a line of credit. So, how would those bills get paid? 3. Does Loc allow for withdrawls each month to pay for these expenses. If using a cc as a Loc, then cash advance fees apply. Lastly, one would need to know exactly when the interest charges are added back to the loan so that a large payment could be made beforehand. That could be tricky. Overall, need way more specific info on types of Loc's and how they are used and obtained without this info, I find the videos very perplexing
@@labelleza7065 I did, seems it's all about getting a line of credit to tap into. I only know of home owners being able to do that. Anybody renting, not sure where they would find that type of loan product.
1. A personal loan is not a LOC. 2. Any video that uses a cc as loc, she puts the info in that specific video. 3. LOC refers to either HELOC or PLOC- used the same, but have different requirements and can be used for any/all bills mortgages, rents, etc. 4. LOC allow for withdraws by transfer/checks/card based on the terms of your line. 5. It’s a daily average balance, if you keep your income in it as long as possible and pay bills as they are due, that will be the determining factor of how much interest you pay, not so much when you deposit your check. Hope to this helps.
Could the US Government do Velocity Banking? Maybe you could do a video to help them out. We're all trying but they don't seem to care about our future or our kids and grand kids futures
I'm not sure what I looked at that prompted your videos to be seen but, im glad. Im a single gal wanting better in life. Since my life is half over, no better time to start trying a new strategy lol.
Thanks for the updated totals for this strategy scenario. If he couldn't get a line of credit, he could use his cash flow to start paying down his credit cards, correct? Thanks for encouragement, no matter what our personal situation is! Appreciate it!
Thanks for all your knowledge and help in this difficult times. I share your channel with my daughter,so she could understand this important financial advise.
Christy, off subject but your outfit is very flattering, so cheerful! I'm happy this man found you. I'm starting on my credit cards this week I'm excited thank you❤
I rewatched and saw a notice that the whiteboard has an error at the top. Correction states his Expenses, at the top of the board, should be 2330. Then, once he is no longer paying his 480 towards his credit cards, his monthly expenses are 1850 plus his line of credit interest.
Hi Christy, Can you get a line of credit if you don’t own home? What are other ways to get line of credit? My credit cards are all maxed out and I’m seating at 570 credit score.
Hi! Love the content. Can you do more videos showing how to use a credit card to get out of debt. Credit is tightening and many of us have to get in a better position/raise score to get a HELOC OR PLOC
Good morning, I went to your website and I was trying to finish my Information and submit, but it would not allow me to choose which program I was interested in, but unless I choose it wouldn't allow me to submit my email information. I love your videos, they have been a true blessing.
Where is this LOC coming from? If you are renting, you can't get a HELOC. If you have four maxed out credit cards, I can't imagine a bank giving you a signature loan. Since the credit cards are the "emergency" fund, I am assuming there is no savings account. Where is the collateral?
Every time I think I have found one of your videos that would work for me, I see LOC, PLOC or HELCOC. I live in an apartment and or don't qualify for any of these.
I've been watching your videos over and over trying to wrap my head around what you are saying. What I hear is put all your income into the line of credit but you can't pay your house payment, HELOC, or loans with that. How are you making the mortgage payment? I have an Aven card I'm not sure if that is a HELOC or just a credit card my limit is 30,000 but I only have 1288 available on it right now so I can't use that in the way you are talking about. I have several credit cards nearly maxed out. My husband passed away 2 years ago and I made some bad financial choices which I regret now and I'm afraid I won't be able to get out of debt. I need help.
I have 4 credit cards. Totaling 29,000 dollars. I recently got a balance transfer offer for 10 months. I’m going to transfer the highest balance to that offer. The others at at 0% apr for another few months. One of them the 0% apr expires early December. How should I tackle this debt ? Even though they are currently all on 0 % Apr should I still get a heloc?
Not sure if you have a video on this. If I use a credit card that is maxed out. I place my income outside of my mortgage/car payments on the card. Do you have to wait till the credit cards close on the statement to start using them to pay bill/ expenses? I never see example on paying the card and when to use it. Thank you.
How do you handle the living expenses that occur once a year? Do you divide them by 12 and add it to the month living expenses? I'm working on the spreadsheet downloaded from your website. Thanks
Do you have a video that shows how to use a heloc to pay off credit card debts, personal loans, and student loans; and how you pay for your monthly expenses through the heloc?
If your income to debt ratio is tight and you can't get a LOC and your paid weekly not a lump sum/ bi-monthly it is not so easy. The MTG of $1,000 p/mo plus credit card pymt of $723 plus car pymt of $250 cannot be paid by other credit cards - you'll have to keep that money in your checking acct. Plus the expenses cannot be more than your paying to the card on a monthly basis.. Or am I confused??
I have $15,000 in debt on one credit card and $3500 line of credit. My credit card interest rate is 9.90 % but my Line of Credit interest rate is 11.99% I don’t know if this method would work. Since the the rate is higher
I really try to follow where you get the numbers but I find myself pausing you too much and too long because you give numbers that you have already added or subtracted before your presentation. Can you please slow down a little and be very detailed of where, how and why you got the numbers you point to please? Thank you!!
Christy I just found and started watching your videos and I have one question please: can you help folks who have filed a Chapter 13 bankruptcy? I feel hopelessly lost as though I’m in prison and will never get out of this nightmare!
So, what happens if you combine the various tools to help minimize interest? Most credit cards don’t charge interest if paid in full by the due date. This could allow you to keep your average daily balance on the LOC lower by using your CC to pay for expenses throughout the month, then make one big payment to pay it off in full at the end of the month with your LOC. But, maybe I’m missing something………
That sounds plausible. One could try to reschedule payment dates near the end of the statement month or combine many of them like that. Probably couldn't pay rent through a credit card but other daily expenses could be lumped up like that to reduce the daily average interest a bit. Interesting idea.
I have a question that I don’t think anyone has ever asked you before. How do I do Velocity banking with a checking line of credit? being that a checking line of credit protects your checking account from over withdrawing and wouldn’t that be the same as just using my checking account at that point?
I respect your work in Finance..one question would be..with the cash flow going into the monthly payoff as well.. if you need that extra for a sudden expense.. would that slow down the payoff process right? Love your efforts ❤
So wait. What happens at the end of all of your videos explaining this? Genuinely curious. I’ve watched your videos a lot trying to make sure this is what will work before I try it. Bc well, let’s face it, if it doesn’t work and I take the first step of all income towards debt balance and it doesn’t work I’m screwed lol. What happens on that “last” payment of income in and debt is finally gone?…..where’s your income to pay your bills then after that? If you just paid in your income for that last payment aren’t you left in a vicious cycle of using your line of credit continuously thus being trapped?
I love your video's but my question is how do I go about putting things on my credit card? Can credit cards pay my phone or electric bill by taking them out on auto pay?
Your expenses (should be) are less than what you make anyway. So pay cash for things you can't use credit on and use your credit card to offset everything else you pay for monthly.
I love your video they are very familiar to me some thing I used to play around with when I was a young adult just trying to manage my out of control financial problems. I have a question though, how do I work a 4 small credit cards all with interest and you only have income of $1506 with +/- 300 -400 cash flow? Just not sure how to start
Is it just me thinking this but where in the world can I get a LOC for that much? I go through a credit union and my LOC is only 500 and my credit score at the time was 660. What banks are giving this much? My income is 5k a month
Christy, Thank you so much for what you share. It is so helpful. i would like to knock out some debt. What are your thoughts on using a credit card called Aven that is backed by your home equity? I received a offer in the mail. Thank you!
Hello Ms. Van, I click on your site to ask a question and I was borough to the contact me page. I am not looking to book a session right now. I just have some questions about your mini-course and I also tried to download the spreadsheet but I couldn't because it went to your website again. Been trying to reach out to you for about a week now and no reply to any of the video(s) that I have watched so far.
ok so what if the credit score is too low to get a LOC and the credit has a charge off and a bankruptcy on it (and you have attempted every way known to man to get this stuff off of your credit report) which means no one will ever give you a LOC or a HELOC on a house with a lot of equity by the way........ signed super duper frustrated
What am I missing? This whiteboard shows income of 4260 and expenses of 2715….then she uses expenses of 1850 for each month. Where does that number come from. Subtracting 480 (the minimum credit card pmts) from 2715 equals 2235. I must have missed something
What is the recommended strategy for mortgage of 2.37% rate no cc debt From the calculation I found that the interest of a HELOC would be significantly higher than just putting extra large chunks into my mortgage loan every three months Your thoughts?
what if they won't give you the ine of credit. I pay everything on time and my score is 580. I quit Dish after 17 years. they offered me $83 a month so I agreed for another year, then they sent me a bill for $127, so called them back and said no. Then they sent a bill for $260, I don't kmow for what because they had already shut it off. My equipment was 10 years old! Anyway my score is down. Where could I get this line of credit?
Wait I just found you ; but the total income is the gathered amount saver per week ; given that one paycheck has to pay rent at least once ; the phone ; internet and some gas so how to pour all our income like that just wondering 💭
All this is doing is putting any extra money at the end of the month against your loan. You could do that with a traditional loan at lower interest and not putting your home at risk with a heloc.
What is the solution for high credit card debt when your husband is the only one that works? I can't go get a loan with no income so how do I get my debt down?
I have one credit card, score of 820, and minimum payments are creeping up. What is your suggestion of fixing this debt. I've refundable two times in the past due to high balances.
Only thing I am mad about is the years they took advantage of my ignorance before watching ya videos!!!!
Fabulous this works. 50k paid off in 8 months. Priceless.
You can do the same thing in 8 months with out taking out a line of credit by just by putting the cash flow amount to the credit cards, highest intrest rate first and work your way down every month. For 8 to 9 months. You're not saving that much, and you didn't have to take out another lone!! I have done it several times!
plus these numbers dont add up. she only including part of the expenses for rent and utilities. but her had 2715 of expenses... not accounting for like 300-400 of expenses and plus that last month he still has to pay rent and utilities, so it will take another month to wipe out. aside from the lower interest rate, this is deceptive. even with a 680 credit score if his income isnt high enough he might get rejected.
@@natarshiapeckthe missing 400 was paid off by paying those credit cards with a line of credit. This, the living expenses went down immediately. Cashflow is king!
Working on raising that score. I can’t wait to get that PLOC! I can’t wait to release that stress.
To raise your credit score ..obtain a cash secured loan or credit card from a credit union or bank. Make on time payments for at least 90 days watch your credit score go up and the financial institutions start offering you more credit..especially 0% credit cards. This helps to get you started.
I just wanted to say thank you so much for helping me see things in a completely different way. I feel like I just won the lottery. This is such an amazing way to live. I'm now using my credit cards the way they should be used. Getting out of debt and not living with the paycheck to paycheck mentally.
That's EXACTLY the way I felt! Such a wonderful freedom!
So i did zero interest balance transfers on all but one of my credit cards and now i’m implementing your strategy. Thank you. For first time in years i can breathe again because i have a plan that works.
Glad it was helpful! So happy for you!!!
Love your content Christie,if possible, could you do a video on making daily payments on the credit cards and the benefits it has on your credit score
Basically, taking the cash flow towards that credit helps tremendously
Yes yes! Love your knowledge and you sharing with us! I thank God He helped you out of debt and you now give back bc you aren’t trying to money grab while helping those in need. God bless you Christy 💞🥰
Thank you so much!
Paying down the cards I see and that's really good but is getting a line of credit as easy as you make it seems.
Would help if you 1. Clarify where a Loc comes from ex a heloc, cc, personal loan. 2. Mortgage holders and other bills cant be paid each month with a cc, if that is used as a line of credit. So, how would those bills get paid? 3. Does Loc allow for withdrawls each month to pay for these expenses. If using a cc as a Loc, then cash advance fees apply. Lastly, one would need to know exactly when the interest charges are added back to the loan so that a large payment could be made beforehand. That could be tricky. Overall, need way more specific info on types of Loc's and how they are used and obtained without this info, I find the videos very perplexing
Did you figure this out?
@@labelleza7065 I did, seems it's all about getting a line of credit to tap into. I only know of home owners being able to do that. Anybody renting, not sure where they would find that type of loan product.
1. A personal loan is not a LOC. 2. Any video that uses a cc as loc, she puts the info in that specific video. 3. LOC refers to either HELOC or PLOC- used the same, but have different requirements and can be used for any/all bills mortgages, rents, etc. 4. LOC allow for withdraws by transfer/checks/card based on the terms of your line. 5. It’s a daily average balance, if you keep your income in it as long as possible and pay bills as they are due, that will be the determining factor of how much interest you pay, not so much when you deposit your check. Hope to this helps.
You are awesome ❤️🙏🙏 THANK YOU for all your knowledge on $$$ getting out of debt !!!!!! 🥰 God Bless You 🙏❤️
Thank you so much for your kind words!
Glad we got you to help us!!
This is like interest rate and cash flow optimization to maximize debt payoff with minimum interest expense. Fantastic!
Could the US Government do Velocity Banking? Maybe you could do a video to help them out. We're all trying but they don't seem to care about our future or our kids and grand kids futures
I'm not sure what I looked at that prompted your videos to be seen but, im glad. Im a single gal wanting better in life. Since my life is half over, no better time to start trying a new strategy lol.
I love this!!!! ❤ Now. Discipline!!! Discipline and focus!
You are definitely the "GOAT"!!! My parents and grandparents were great with money but you show a better way. Keep the videos rolling love them❤
I wrote out my plan…. My goal is Jan for my hELOC.
Thanks so much for all this encouragement.
I'm following your lead my goal as well. I gotta get a better score and pay off a couple things but I think it's doable.
Thanks for the updated totals for this strategy scenario. If he couldn't get a line of credit, he could use his cash flow to start paying down his credit cards, correct?
Thanks for encouragement, no matter what our personal situation is! Appreciate it!
Always great content. Thank you so much!
Thank you for watching!
Thanks for all your knowledge and help in this difficult times. I share your channel with my daughter,so she could understand this important financial advise.
Beautiful!
Christy, off subject but your outfit is very flattering, so cheerful! I'm happy this man found you. I'm starting on my credit cards this week I'm excited thank you❤
2 uploads a day? Keep cranking them out.
I rewatched and saw a notice that the whiteboard has an error at the top. Correction states his Expenses, at the top of the board, should be 2330. Then, once he is no longer paying his 480 towards his credit cards, his monthly expenses are 1850 plus his line of credit interest.
No mistake...Income transfers eliminate the monthly payment due....so that payment becomes cash flow
Hi Christy,
Can you get a line of credit if you don’t own home? What are other ways to get line of credit? My credit cards are all maxed out and I’m seating at 570 credit score.
I guess if it sounds too good to be true, then it must be Velocity Banking 😘
Thank you so much, I feel we still have hope
Hi! Love the content. Can you do more videos showing how to use a credit card to get out of debt. Credit is tightening and many of us have to get in a better position/raise score to get a HELOC OR PLOC
Thank you sooo much for helping me get my life finances back on track.
So happy for you!
Good morning, I went to your website and I was trying to finish my Information and submit, but it would not allow me to choose which program I was interested in, but unless I choose it wouldn't allow me to submit my email information. I love your videos, they have been a true blessing.
Where is this LOC coming from? If you are renting, you can't get a HELOC. If you have four maxed out credit cards, I can't imagine a bank giving you a signature loan. Since the credit cards are the "emergency" fund, I am assuming there is no savings account. Where is the collateral?
How do you get approved for a PLOC when you have so much debt and your cards are maxed out, won't the bank see that and deny you?
Every time I think I have found one of your videos that would work for me, I see LOC, PLOC or HELCOC. I live in an apartment and or don't qualify for any of these.
We are we not teaching people this in high school? Best video!
I've been watching your videos over and over trying to wrap my head around what you are saying. What I hear is put all your income into the line of credit but you can't pay your house payment, HELOC, or loans with that. How are you making the mortgage payment? I have an Aven card I'm not sure if that is a HELOC or just a credit card my limit is 30,000 but I only have 1288 available on it right now so I can't use that in the way you are talking about. I have several credit cards nearly maxed out. My husband passed away 2 years ago and I made some bad financial choices which I regret now and I'm afraid I won't be able to get out of debt. I need help.
Closing costs for a LOC when I checked are $2700 at the lowest. How do you get a LOC without paying so much in closing?
Thank you for sharing this information
I have 4 credit cards. Totaling 29,000 dollars. I recently got a balance transfer offer for 10 months. I’m going to transfer the highest balance to that offer. The others at at 0% apr for another few months. One of them the 0% apr expires early December. How should I tackle this debt ? Even though they are currently all on 0 % Apr should I still get a heloc?
Not sure if you have a video on this. If I use a credit card that is maxed out. I place my income outside of my mortgage/car payments on the card. Do you have to wait till the credit cards close on the statement to start using them to pay bill/ expenses? I never see example on paying the card and when to use it. Thank you.
How do you handle the living expenses that occur once a year? Do you divide them by 12 and add it to the month living expenses? I'm working on the spreadsheet downloaded from your website. Thanks
Yes, you can.
I have tried to get a loc, but keep getting turned down. They’ll give me a car loan but not a loc. depressing for sure.
Do you have a video that shows how to use a heloc to pay off credit card debts, personal loans, and student loans; and how you pay for your monthly expenses through the heloc?
She has several, just check on her channel and search for the term.
If your income to debt ratio is tight and you can't get a LOC and your paid weekly not a lump sum/ bi-monthly it is not so easy. The MTG of $1,000 p/mo plus credit card pymt of $723 plus car pymt of $250 cannot be paid by other credit cards - you'll have to keep that money in your checking acct. Plus the expenses cannot be more than your paying to the card on a monthly basis.. Or am I confused??
I have $15,000 in debt on one credit card and $3500 line of credit. My credit card interest rate is 9.90 % but my Line of Credit interest rate is 11.99% I don’t know if this method would work. Since the the rate is higher
I really try to follow where you get the numbers but I find myself pausing you too much and too long because you give numbers that you have already added or subtracted before your presentation. Can you please slow down a little and be very detailed of where, how and why you got the numbers you point to please? Thank you!!
Christy I just found and started watching your videos and I have one question please: can you help folks who have filed a Chapter 13 bankruptcy? I feel hopelessly lost as though I’m in prison and will never get out of this nightmare!
Love the videos i want to get a line of credit but kind of maxed out on two credit cards. Not sure i could get approved. Thanks for the videos.
She shows in one of her videos how to use credit card to do the same thing.
@@dachsymom5232do you have the link?
If you rent not own, where can you get a line of credit to pay off credit cards?? Wouldn't just be a personal loan?
So, what happens if you combine the various tools to help minimize interest?
Most credit cards don’t charge interest if paid in full by the due date. This could allow you to keep your average daily balance on the LOC lower by using your CC to pay for expenses throughout the month, then make one big payment to pay it off in full at the end of the month with your LOC.
But, maybe I’m missing something………
That sounds plausible. One could try to reschedule payment dates near the end of the statement month or combine many of them like that. Probably couldn't pay rent through a credit card but other daily expenses could be lumped up like that to reduce the daily average interest a bit. Interesting idea.
Sure can!
I have a question that I don’t think anyone has ever asked you before. How do I do Velocity banking with a checking line of credit? being that a checking line of credit protects your checking account from over withdrawing and wouldn’t that be the same as just using my checking account at that point?
Wish i would have seen this type of information 15 yrs ago
Makes sense to me!
Christy, Thank you so much!
Any time!
I respect your work in Finance..one question would be..with the cash flow going into the monthly payoff as well.. if you need that extra for a sudden expense.. would that slow down the payoff process right? Love your efforts ❤
Yes...LIFE WILL HAPPEN.
Am I missing something?? Where is the consolidation loan payment figured in????
How do you calculate the total Expenses? Living & rent don't add up, so I am missing something with the CC payment I think.
Thank you so much for this video!
So wait. What happens at the end of all of your videos explaining this? Genuinely curious. I’ve watched your videos a lot trying to make sure this is what will work before I try it. Bc well, let’s face it, if it doesn’t work and I take the first step of all income towards debt balance and it doesn’t work I’m screwed lol. What happens on that “last” payment of income in and debt is finally gone?…..where’s your income to pay your bills then after that? If you just paid in your income for that last payment aren’t you left in a vicious cycle of using your line of credit continuously thus being trapped?
Thank you xoxo
I love your video's but my question is how do I go about putting things on my credit card? Can credit cards pay my phone or electric bill by taking them out on auto pay?
Yes
I really need recommendations for lines of credit! I have a cap payment, 22 credit cards and a mortgage. I have gotto figure this out😊
I guess I don't understand putting in my whole paycheck and then pulling money out for expenses
That's what makes the daily balance go down and keeps the interest low, making it faster to pay it off.
Sure you do. At Christmas or birthdays we all have made a credit card payment just to make more charges as soon as the payment applies. Same theory.
Your expenses (should be) are less than what you make anyway. So pay cash for things you can't use credit on and use your credit card to offset everything else you pay for monthly.
What if we don't have any credit card debt, yet we have little cash flow. Is velocity banking worth it for our 7 year old low interest mortgage?
Great video, thanks!
Thanks! Bless you!🎉
This is amazing! Thank you!
You're so welcome!
I love your video they are very familiar to me some thing I used to play around with when I was a young adult just trying to manage my out of control financial problems. I have a question though, how do I work a 4 small credit cards all with interest and you only have income of $1506 with +/- 300 -400 cash flow? Just not sure how to start
Is it just me thinking this but where in the world can I get a LOC for that much? I go through a credit union and my LOC is only 500 and my credit score at the time was 660. What banks are giving this much? My income is 5k a month
I am slightly confused, he has monthly expenses, how is he putting all of his income in every month? Did I miss a step?
Christy, Thank you so much for what you share. It is so helpful.
i would like to knock out some debt. What are your thoughts on using a credit card called Aven that is backed by your home equity? I received a offer in the mail. Thank you!
Could you go thru same scenario without a PLOC?? Thank you for your content.
Love your channel 🎉🎉🎉🎉🎉
What if you don’t have a home to get a HLOC? What bank offer a personal line of credit?
Hello Ms. Van, I click on your site to ask a question and I was borough to the contact me page. I am not looking to book a session right now. I just have some questions about your mini-course and I also tried to download the spreadsheet but I couldn't because it went to your website again. Been trying to reach out to you for about a week now and no reply to any of the video(s) that I have watched so far.
What’s your question?
ok so what if the credit score is too low to get a LOC and the credit has a charge off and a bankruptcy on it (and you have attempted every way known to man to get this stuff off of your credit report) which means no one will ever give you a LOC or a HELOC on a house with a lot of equity by the way........ signed super duper frustrated
You are awesome! ❤
You didn't put the cc payment back as income....did I miss sonething?
What am I missing? This whiteboard shows income of 4260 and expenses of 2715….then she uses expenses of 1850 for each month. Where does that number come from. Subtracting 480 (the minimum credit card pmts) from 2715 equals 2235. I must have missed something
How would he qualify for any LOC with high balances on his cards? Because I didn't.
New subscriber. Thank you
What is the recommended strategy for mortgage of 2.37% rate no cc debt
From the calculation I found that the interest of a HELOC would be significantly higher than just putting extra
large chunks into my mortgage loan every
three months
Your thoughts?
I cannot seem to find the free worksheet download! Please help! Ron
what if they won't give you the ine of credit. I pay everything on time and my score is 580. I quit Dish after 17 years. they offered me $83 a month so I agreed for another year, then they sent me a bill for $127, so called them back and said no. Then they sent a bill for $260, I don't kmow for what because they had already shut it off. My equipment was 10 years old! Anyway my score is down. Where could I get this line of credit?
Wait I just found you ; but the total income is the gathered amount saver per week ; given that one paycheck has to pay rent at least once ; the phone ; internet and some gas so how to pour all our income like that just wondering 💭
Where can I get a LOC if my credit is in low 600’s?
Can I use a line of credit to pay off my student loan? God bless you for this teaching .
I have a loan out at 9.99% should I roll that into my credit card at 25%?
I'm not understanding? Are u putting your money in the bank then the interest goes down then you can take out your money for your bills? Sounds unreal
All this is doing is putting any extra money at the end of the month against your loan. You could do that with a traditional loan at lower interest and not putting your home at risk with a heloc.
It's doesn't account for any spending😢
This is awesome!
Pls do a video for max credit cards and line of credit..what else can we do to get some spare cash..pls help!
Go to my playlist. I have some videos on negative cash flows...
What is the solution for high credit card debt when your husband is the only one that works? I can't go get a loan with no income so how do I get my debt down?
I'd pay off that 885 asap with that interest rate
Thank you and God bless
This wouldn't work in the UK would it? I think the only line of credit here would be a 0% credit card?
Love your videos
I have one credit card, score of 820, and minimum payments are creeping up. What is your suggestion of fixing this debt. I've refundable two times in the past due to high balances.
Good morning how are you? I would like to know if I have a car loan and my payment is $744 per month what can I do to pay it off sooner?