$15k Debt Gone in 6 Months? How?

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Christy Vann and its affiliates do not provide financial, tax, licensing, legal or accounting advice; the information presented on this web site/KZbin channel are presented for information/educational purposes only, and following the advice in this video is the responsibility of the viewer and not the video creator. By participating in this KZbin page, you agree to comply with the following guidelines. In any case, the information provided is “as is” with all faults and without warranty of any kind, expressed or implied. In no event shall Christy Vann, or any affiliate organization be liable for any damages, lost profits, or lost data even if we have been informed of the possibility thereof. Linked Items may create a financial benefit for Christy Vann. Christy Vann is an affiliate of Unstung Marketing LLC and may receive compensation for referring you to their services.

[@Carlos-en1ws]

This stuff works you only need 2 things, cashflow and discipline. The more cashflow the faster you will pay off your debt.

[@venuswhite8074]

I just found you and I'm so thankful! When I was younger, I worked at a bank for 5 years and they never taught us any of this! I've started my journey and I hope to be sending you a testimony soon! Blessings to you for being such a great help!

[@ehukai2003]

Keep it up! I'm working at a bank as of last year in June and we don't learn this stuff either. I love my job and the bank, but I've been doing this and my score jumped up over 100 points in the last 8 months.

[@candy25apple36]

I learn this years ago watching the Velocity Channel. I love your channel also. I just paid off a 6000 card. Next is my student loans. I watch you daily because love to watch the cases you are showing.

[@franciscommontielrodriguez707]

You are so good at numbers! Thankyou!

[@joeyfla7487]

Thankyou Christy! We truly appreciate you

[@desmondhughes9143]

That green and yellow look so lovely!!!

[@tome.1158]

Valuable information - Thank You! Never even considered this method vs paying way over minimum. Changed my mind set to get a HELOC and use the bank's money :) Much appreciated!!

[@hpelisr]

I am new at this kind of credit, so this is a learning curve for me. I did ask you about the options on the interest, and after taking the time to understand what the options are, I have been able to decide what you meant about interest only. You where right, the bank offered three choice's, a variable, interest only, and fixed. I thank you for your help, I will continue to watch and learn.

[@brendaking737]

You are so inspiring! We are working on this. First thing we have to do is get it all sorted out on paper. Then the plan of action! We’re very excited ❤

[@DavidWilliams-os9dh]

Great information as always. All I need is a line of credit 🤞

[@MrDmcgee]

You are a godsend miss Vann

[@darcyfox6674]

I do like velocity banking it’s working.

[@WhispersSweet]

Oh nice this is close to my exact scenario!

[@ehukai2003]

Can you do a video on strategies to save money quickly once we've paid off everything?

[@FastTrackIntensiveSpanish2.0]

You are an angel! Thank you Christy❤

[@VanntasticFinances]

You’re precious. Thank you

[@user-df2kt2fr8k]

much love to you, thank you for taking the time

[@TonoHD]

Brilliant!

[@user-lz5cp4oi4n]

If you are still wondering . . . Just Do It! Life-changing!

[@richardcage7178]

Thank you

[@gloriaguerrero8556]

Omg 😱 I didnt know this!!!

[@christinaamezquita991]

Hi Christy! I’ve helped my sister and mother get out of debt with velocity banking but I just can’t seem to do it for myself. I need your help

[@relentlessalliance2383]

I have a LOC. I have to access it through my checking acct to transfer funds. It won’t let me have my monthly like electronic bills paid through the direct LOC. so if I put my income into my Checking account then transfer it to my LOC. do I then pull it back out to pay my bills ?

[@levipogue6218]

I'm stuck and never getting out. I've tried the possibilities

[@kevinpeters4077]

I’ve been watching a lot of your videos so I’m sorry if you mentioned this before but where is the best place to apply for a ploc? I’m new to all of this lol

[@impbotb4434]

675 living expenses?!!? How?!?! Car insurance, cell phone, gas for car, electric, gas, water., internet, cable or streaming subs. Right there is at least $500. He’s only paying 175 for food and entertainment?

[@leahrowe847]

Some people have very little expenses... water, sewer, garbage, & wifi included in the rental, 200 for food, 150 for electric, & carpooling or a bus pass; it could work... just saying!

[@desmondhughes9143]

I have watched so many of your videos. I just have to get a credit card.

[@jeffbarnhart6441]

This sounds like my scenario 2 years ago. Where were you then? What is the difference between using a 2pos heloc vs a 1st pos heloc to pay down mortgage btw?

[@reggaeriderr]

Do you offer insight outside of this KZbin page. I have a question about Heloc

[@vicd8575]

Please do an example on how you do this without opening a line of credit? I tried and was not able to get a line open... I imagine because of utilization...

[@leahrowe847]

Pick your smallest card, buckle up & pay extra on it to pay it off as fast as possible; then take the whole payment from it & apply it to the next smallest card, or try again for a line of credit... keep paying off cards & applying the whole payment to the next card in line, & pretty soon all will be pd off. I had my daughter do this, & she was pd off within just over a yr, but she also locked the cards up & didn't use them anymore either.

[@johnpistilli4087]

Another easy one. 😎

[@seansuttles1813]

My bank does not offer a line of credit. Banks seem willing to give another credit card but not and LOC. I live in TX where heloc is not allowed. If I do find a LOC it is difficult to make it a deposit account with my bank. Where are you getting these LOC’s?

[@kandy8838]

Great clear examples, but velocity banking only works in the USA

[@maureenrau6341]

Why?

[@achiado1]

I am thinking about lump sum paying all of my monthly bills ,for example utilities, cellphone, subscription and ot things of that sort ( starting in january) for an entire year with my line of credit... that should add to my positive cash flow..... would that be a good Idea?

[@leahrowe847]

If you do, ask for discounts, bc many companies give very significant discounts when pd yrly... for example, car insurance: we pay yrly & save over 2.5 months worth of premiums. Same with renters/house insurance when pd yrly. Always ask...

[@felixmorales1858]

What banks would you recommend for a personal line of credit?

[@snduncombe3224]

The problem w/ these videos seem to be that once you payoff the debt, you still need to payoff the HELOC (or whatever other tool that you used to payoff the debt). Ms. Vann seems to assume that whatever tool you used (HELOC or whatever) is a normal and permanent part of a financial plan. I don't think that this is very healthy. I agree that those tools can be extremely useful due to using simple interest and lower interest rates (compared to CCs), but once the other debt is paid off, shouldn't we pay off the credit lines so that we no longer need them? At the very least, once the debt is paid off, put the extra cash flow into an account to save up to cover living expenses rather than using a line of credit on a monthly basis. Ms. Vann does a great job of explaining how lines of credit can help pay down debt, but that gets us part of the way to financial health.

[@classproject1433]

Would this be the same if the income is going in bi weekly?

[@TigerOscar78]

Hi I am about to buy a new home from a builder. Is there a way I can exercise this example with my new mortgage starting next March 2024?

[@aliciataylor9790]

This works only IF you can get a lender to do a line of credit. Also, no credit card is going to let you pay a big chunk of money and not pay it off, and then pay nothing on an outstanding balance for 6 months. (the $885 in this example)

[@tjjohnson4677]

You don’t leave the balance unpaid for 6 months. You can 1. include the minimum payment in your expenses that stays in cash,lowering cash flow slightly or 2. Just grab it onto the line after month 1 or 2 payment. It’ll take one check more in total to satisfy the 885

[@seasonschangin]

I apologize for this message here. I have 2 attempts on the website to fill in the questions on the “contact” page. The form does not address my question. My friend in Belize is interested in the six week course. Pleas is there another way he can contact you? Plz advise

[@oneslowworker]

LOVE this method of paying off CC debt. Is there a way to use this method to force someone to save $15,000?

[@sallybedford6792]

Yes, you could add the money you want to save into your expenses section.

[@defendingthefaith.7889]

I have called dozens of lenders. Rather they can’t do Heloc in my state. Or they don’t want to. And are trying to talk me in a fixed loan. Or a refinance. It’s almost impossible to get a line of credit. And we have had one before.

[@revivecleaning399]

Maybe quicken loans?

[@defendingthefaith.7889]

@@revivecleaning399 found out you can’t do Helocs in Texas at this time.

[@karenpatterson3726]

Yes I would like to pay off my 10k in debt. Do you have some products that I can use or what is a line of credit

[@jason60chev]

If I had that much debt, I don't think that I could get a lOC.

[@norbialaniz8442]

Question are we putting inn on the payment or into the principal!

[@Leenailsalon]

So I just used Velocity banking method (pay off credit cards) fast method. And it took me a month to have some just in case money - but I spent almost my whole paycheck on my discover card 🤪 It feels so crazy doing this but this lady is way smarter than I am when it comes to banking 👍. I actually feel pretty dam good ? Any expenses this pay period will be purchased with my card not cash. 😮

[@VanntasticFinances]

@UncleAnxiety That’s awesome!! Thanks for sharing

[@cakish97]

THANK YOU SO MUCH FOR THIS. My question is this. Does it at all make sense to have a PLOC that's 17% to pay off a personal loan with the same interest rate of 17% AND then also 2 no interest credit cards? Would it not make more sense to simply pay the personal loan at 17% along with 2 no interest credit cards down directly from my paycheck?

[@melaninatedking2982]

So when transferring 1 cc to another are we not factoring in the xfer fee?

[@sho_yo_rey9695]

I have been watching many videos and I believe I understand. One of the problems I am having is the debt payments. My minimum payments are so much lower. Should I be adding something else to the minimum payment?

[@Luisr777]

Where can i find a good loc

[@ctbt1832]

I would have to have a one on one with her because I just don’t get it and I’m very good with math

[@taesmith6612]

Hi Christy I used 2 line of c/c to pay off high c/c with 0 apr but I am not sure how this suppose to work none. I now must pay 1 card by May 1, 2024 and other by September25, 2024 help

[@adirayasharahla984]

Such great advice

[@mslingling2u297]

What if u have 5 different credit cards how do we figure that out???

[@ladycropper69]

List expenses $ 2750, how did she figure 1850? Rent & Living = $2300... but she uses $1850 as living expense? What happened to $2750? Please explain

[@Mel_G423]

Good advice however a bit oversimplified. The issue is, rent and living expenses isn’t the full picture. This person had $1545 in cash flow that they must have been using for food or other things because they were not able to put it all in their credit cards. This plan only works in six months if the person in the example stops spending their cash flow on food etc and uses it to pay down their LOC. the reality is that more likely this person will take two years + to pay down their LOC, but only if they are disciplined enough to not be tempted to max it out again each month. They should also cancel all cc’s as soon as they are paid off.

[@45richardpurcell]

Do you have suggestions of required crefit score and who we should consider for a line of credit.?

[@eunit08]

650

[@SkyyWalk21]

Credit unions

[@sunsetson2209]

Hi great channel! Q: If banks are losing money by allowing us paying our debts via using our LOC, why do they allow it? Are there consequences using your suggested method to pay off expenses, loans, and debts? Why would the banks allow themselves to lose money?

[@leebrendalee]

Because they know 50 percent of the people can’t do it, they will always be in debt

[@gina77duc44]

Because many people don’t know or understand this method, because they are still charging interest. And besides not everyone qualifies for a loc unfortunately

[@jpg7616]

A LOC is just another loan. You just pay a bank double digit interest instead of the CC company. It’s not magic. It’s just a different loan you need to pay off. You either pay Wells Fargo or Visa. Wells Fargo would rather it be them.

[@passionfashions3018]

Why would the bank care if you decide to pay them the interest rather than pay your money (interest) to credit cards. Not sure how you figure the bank lose money by this.

[@isaishdelossantos1545]

Cash flow from the beginning should of been $1930 or an I missing something?

[@wuffa4503]

Will an LOC require collatoral?

[@gramsthebuilder5388]

I want to pay my mortgage faster. I have a credit card with 15,000.00 credit. Is that what I use for a line of credit . Or apply at My bank ?

[@KevinP32270]

what bank is going to give him an LOC with that kind of debt to income ratio? isn't the bank going to make him agree to pay of all the C.C. debt with the new loan before underwriter approves it?

[@judyhutchinson6325]

Where do you get a line of credit?

[@leahrowe847]

I believe credit unions

[@genuvsal3397]

What do you mean by "transfer the whole $15000 from the credit cards into the max on this line"? How does it work? How can yo u put credit card balance into the line of credit? It doesn't make sense to me. Can you explain really in elementary terms please? It is confusing. Sorry for the lack of my knowledge.

[@michelemullin6569]

Im wondering how this works with a business, such as paying off equipment, vehicle etc, when they are depreciated for tax purposes 🤔

[@Jesus-kt5dc]

Maybe you can pay with a 0% interest introductory credit card and just carry the balance, paying the minimum every month, half way through the 0% intro period start parking your cashflow in the CC. Also maybe you can transfer the balance to a BLOC after the 0% interest intro period ends.

[@hno_Raymond]

What happens if you are negative cash flow?

[@VanntasticFinances]

I have videos explaining such. Thanks for watching

[@LifewithLava]

I got my bills spread out over too many cards. I just need to put my bills on one or two cards to really see a change

[@neighborhoodlawncare9872]

I just ran the numbers, in 6 mths. You just saved that person $10,636.71 in interest alone. And that’s @ 24%. Sorry I missed the part when you said over 25%. And it would have taken him at least 5 years to pay the last one off.,

[@neighborhoodlawncare9872]

I was only talking about the credit cards. His first card would have been paid off in 3.5 years.

[@idalmycastro5323]

Hello, We need the same strategy, but without the line of credit. We need help when we have 10 credits card and the income is 4000.00 and we have de monthly expenses how to do please. We know that it is easy if we have a line of credit, 15,000 pay the credit card, and of course, we are going to have more cash flow. The problem is when we can't get a linea of credit and right now is happening.

[@leahrowe847]

Go get a secured credit card at your bank. Then, increase the balance on it & use it to pay off your cards with the same system. That's what somebody else suggested

[@pattyloof]

Can you do one where you can't get a line of credit?

[@teresapalmer9655]

Same question

[@pattyloof]

@@teresapalmer9655 yeah. And believe me, I have tried.

[@jpg7616]

@@teresapalmer9655 … you don’t need a LOC. Just pay your extra income to your debts. In this example, they had $16k total debt and about $2k/month of extra income (the 1545+the payments they were already making). If they didn’t bother with a LOC and just paid off $2k/month. They’d be debt free in 8-9 months. A LOC is just another type of loan. It’s not magic and you don’t need it.

[@gabruck58]

Can you pay rent with a cc?

[@prinsceillacoulter9140]

I've been contacting you...ro no avail. Im here in Arizona

[@VanntasticFinances]

@prinsceillacoukter9140 I’ve not had anyone contact me by your name. VANNtasticFinances.com SERVICES

[@ryblinkaway]

15k in debt?…it’s not a mess!…try 27k on mine is even messier…and only 3k income 😢

[@elizabethnotyourbusiness3655]

I feel ya....same scenario here.

[@michaelc1063]

This will work for you. Keep the faith

[@yvettejones9424]

Hang in there I did it the hard way 2 jobs bought nothing went nowhere except work for 3 years I also saved $35000 for a down payment and bought myself a very modest little flat . I wish I found this earlier could have saved a lot of time and sweat

[@johnjohansing]

I love beans and rice and living in a cabin in the woods 🌳 🏡 🌳

[@darcyfox6674]

The rent and living expenses don’t equal the $2715 for the expenses.

[@leahrowe847]

Expenses are 1850. IDK what that 2750 at the top is about

[@kendraramirez6250]

It includes the credit card payments as well as the rent and living expenses

[@ehukai2003]

Wait... 680 is good enough for a Personal LOC?!

[@TebogoManamela-cr4eb]

Hi they don't clear my name I have finished to pay all the credit my hartt is blinding 😮

[@xaviersmom337]

How is he putting. Whole 4k income if he has to pay rent ?

[@pcburke2]

Good Morning Van. Would you do a real life scenario of "Debt Gone in (x) Months? Please include how an average person (credit score 664) would get a Personal Line of Credit. I've checked and it's all seems so very complicated to me

[@VanntasticFinances]

Good morning! The videos are all my real clients. 650+ is a great score to get a PLOC. Thanks for watching!

[@hollyb8993]

I don’t understand with what his income is and his reported living expenses are at 675 (can that even be real? Gas Food phone and internet alone would equal this let alone the other utilities) and less than 1200 in rent.. why is his CC debt maxed out with cash flow of 1500 on top of “all” his expenses? I question if this is an accurate accounting

[@sandiibchz]

So line of credit of 12% interest??

[@uptownfragrance6148]

See what if u can't get a line of credit 😢😢😢😢

[@antwuan4954]

After you use the fifteen thousand dollar line of credit , it is gone.so how do you take your four thousand two hundred and something dollars and end up with ten thousand dollars left over???

[@tynkrbel201]

It’s a revolving line of credit, once it is paid off, you have access to the $15k over and over

[@createdbythemosthigh7964]

What is a line of credit . Vs a credit card

[@leahrowe847]

Look up her videos

[@riomontana305]

Awesome video hopefully someone can help me out regarding the line of credit (does this mean like a personal loan ) any info would be appreciated thanks.

[@fitforever22]

She has videos on that. Line of credit is like a loan but better. You can use the money, put back your income, use the money again and so on. With a loan you have to pay a payment that is only one way. Once you send your money into a loan payment you can not take any out. Plus you are paying a lot more interest in a loan.

[@markguilbeau]

No to a loan. A line of credit is a credit card or a personal line of credit. You learn here loans are much worse than a line of credit. Interest on a loan is a schedule and a line of credit is a daily average balance.

[@rebeccawhitlow7100]

I can't pay off a credit card with a credit card

[@riomontana305]

@@fitforever22 thanks for the info

[@riomontana305]

@@markguilbeau thanks for the info …I was thinking it was a credit card but the 12% threw me off I don’t think I’ve seen a credit card with that low of a interest charge.

[@leebailey1220]

I would like to work with you personally is that possible?

[@VanntasticFinances]

Go here👉 VANNtasticFinances.com under SERVICES. Thanks!

[@rtacher]

I was denied the LOC but I do have a CC with a 25K limit. Can I use it as My service account?

[@thalinororcbreaker2840]

I do. It's a little more complicated, because I have to have checking expenses and velocity expenses, but it's working.

[@rtacher]

Thanks. Yes I transferred everything to this card except one ROoms to go card as I maxed out the 25k card but once it gets gets down I will add this one.

[@thalinororcbreaker2840]

@@rtacher Nice!

[@leahrowe847]

​@@rtacherbe sure to lock those freed-up cards away...

[@Thisnow380]

If you can get a LOC

[@TheCrabbers]

Thank you Mrs VANNtastic. I have forwarded your videos to my grown up kids. However I have paid off my house and have no further debts. I earn about 4,500 Euros per month, with about 25,000 saved. How do i move from doing okay to being wealthy? I spend about 2,000 per month. (Aged 55) the wife earns 1,900. Please recommend a previous video or good general advice from someone. Keep up the good work!

[@gloriagreen1123]

Did you pay off your house using this method? I have no debts other than a 82,000 mortgage at 3.5% interest and I am wondering if doing all this is worth it in my case. I am already into my 30yr. mortgage by 7 years.

[@MJ-305]

I checked into the LOC with my bank. They said it starts at 500. How is that going to help me any, when my debts are higher then that? I have a credit card with the bank, but it has a balance too

[@thalinororcbreaker2840]

Use the card for now. Start slow, with like 1 major bill, like your electric bill. Let's say it's $150. Pay the $150 on the card, wait a day, then pay the bill. While you did not pay anything extra, you probably covered the minimum. Now, when the cc bill due date comes, you can choose how much of your cash flow you want to put on there to pay it down. If you need to leave a few bucks in your account as a cushion, do it. Next month, you add trash $30, Amazon prime $15, and your insurance $200. Pay those to the card before their due dates. So now you have $395 going toward the card and 395 going out. EOM pay your cash flow to the card. Month 3, stack every expense on there that you can. If you have to schedule out those payments to the card in advance so you don't forget, do it.

[@archangel9267]

Why is the card important? Couldnt you just use your cashflow directly to cover each bill directly?

[@thalinororcbreaker2840]

@archangel9267 You can. However, utilizing your card like this, when you pay the money to the card that would go to those bills, it goes toward the old charges first, reducing the amount of interest you are charged, paying it down a lot faster.

[@veteraninnovations]

Thank you for the advice. I absolutely want to exercise this and increase my financial intelligence/experience. Could you use a different color marker when you break it down under the line of credit. That would make it a bit easier to follow. Additionally, how willing are banks to give you a line of credit? I've read that USAA doesn't provide a line of credit, do you have a recommended bank for your clients? For banks that do offer lines of credit, will the bank require me to have an existing account with them or can it be the first transaction?

[@r0902716]

In the last month where he pays off the line of credit, what does he use for living expenses for that month?

[@jobflobad0by0b]

The credit cards that he paid off earlier

[@bobkesslerjr.1465]

@@jobflobad0by0b Exactly, so, we're really at 7 months to pay off. Also worth noting, that using a snowball method to pay off debt would be 8.5 months.

[@marybethcleveland8945]

I’m curious of this as well. @jobbflobad0by0b he can’t use a credit card for rent.

[@passionfashions3018]

@@jobflobad0by0b😂😂😂 yup

[@FreeThinker7]

We called up our Credit card company and asked for 0% interest rate & they agreed for 12 months and they lowered the percentage rate down 1 % on top of that. They said call every 6 months to review to lower percentage rate again. Advocate for yourself, thank you for all this information.

[@deemarietorregiante8059]

Curious as to what interest were you paying before you called .❓❓❌❌😊

[@lizmarquez4611]

Who do u have the credit card with? I literally just called yesterday to my Barclay's CC & they refused. I've never missed any pmts with them & have a $12,500 limit with them. Just curious. Maybe i can get that CC instead.

[@FreeThinker7]

@@deemarietorregiante8059 15% we pay in full every month so we don’t get that. now the card is 0% for 12 months.

[@FreeThinker7]

@@lizmarquez4611we have discover for the last 12 years amazing to work with.

[@tanyaaustin4123]

I'm also curious how you got them to do o%. I have a 790 credit score, and my Discover interest was 24%. I called them and asked them to lower it, and they did for future purchases to 18%

[@ezrasmith4977]

Where he renting for 1175 lmao definitely not California Oregon Washington Nevada Arizona or Colorado because that doesn't even rent a studio for us!

[@Victor-ek7ew]

Question? Someone is telling me that getting rid of cc drops your credit score, is this true?

[@DarknessFalls29]

Eventually if you don't use any of your cards after paying them off and close out the accounts, your score will drop. But if you have some type of credit line like a car payment, your score will be maintained.

[@VanntasticFinances]

@victor-ek7ew You should not close out cards. It will drop your score. Keeping lines active and using once every couple of months keeps your credit healthy

[@MariaAntoniettaHHC]

I'm learning so much from your videos. Thank you kindly!🤩

[@VanntasticFinances]

I'm so glad!

[@bronsonlindsey7902]

What is the behavior that has him with so much c c debt....

[@leahrowe847]

Not living within means, or charging expensive crap... LOL

[@lulul7908]

Wouldn't this take closer to a year to pay off based on the interest rate? The math you showed shows a much lower interest rate than the 12% described in the initial scenario. For example: LOC: $15,000-$4260 (inc)=$10,740. You stated you calculated the interest rate based off of $15,000. $15,000 * 0.12= $1,800. $150 would be 10% on $1,500, not $15,000...did I miss something in your explanation? Or did this jump out at anyone else?

[@user-ez7gz6ss5v]

I have bad credit, I’m at 565 to be exact.

[@CryptoLosOne]

What happens when you have an credit account and you don't use it. And the company cancels the account and your credit score goes down. This happened to me once. I was trying to save and not spend. And my score dropped a lot and I didn't know what happened.

[@privatepo5876]

Make recurring small payments like Hulu off those accounts. And set automatic payments for the full balance a week before the end of your statement

[@leahrowe847]

Either that or buy gas or something once a month... But what companies really want is for you to charge something & pay it off, so if you have say an item for a couple hundred $ you buy, make payments over 6-8 months to pay it off, the charge another 3-4 months after it's paid off. This shows responsible usage, & will build your credit back up again pretty quickly.

[@koffeebeans8421]

My visa balance is $21,823.42 at 16.24%. My mortgage balance is $136,174.23 at 3.5%. Should I do a HELOC or a cash out refinance?

[@adventuresofthequedaghmerc809]

HELOC is a line of credit, would work well for this example

[@jcrosas8719]

How did you estimate the 2715 expenses?

[@red97rum]

So much for "simple math" lol, I think she may need a refresher. Sucks that she never seems to reply to any of the comments on her videos.

[@DarknessFalls29]

Clearly it's a mistake and yes she does respond. Stop being a hater.

[@lynnew.2914]

I believe the $2715 monthly expenses is rent/living exp paid by credit card of $1850, the difference of $865 is cash or check items to pay for things that a credit card can not take.