Velocity Banking: The Number One Mistake People Make

Need To Talk - moneymaxguy.com/general-more-...
FREE ANALYSIS - bit.ly/velocity_analysis
Join Webinar - bit.ly/cjw_velocity
🚀 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! 🚀

[@velocityc]

Free Analysis - bit.ly/velocity_analysis

[@lilianajimenez5018]

0:28

[@sfsfuzzy3597]

This ugly bastard is a fraud and a liar ! We are going to take him down ! He made a mistake four times and we have feds coming to take him down

[@EvaRocks]

When I click on your free analysis link, it doesn't work...

[@orealdenney]

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

[@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!

[@mmaravii7088]

Powerful..may we communicate on social media and keep in touch?

[@mmaravii7088]

@abundance777affiliated

[@mygoodlife204]

You're a good person

[@sfsfuzzy3597]

You are a liar and an idiot! You do not HELP people with their loan you just notarize the papers ! This is a scam and anyone who can do eight grade math knows it’s a scam

[@MrTexaz101]

Discipline is important in this journey.

[@marianwheeler3547]

Always a great blog! ❤️👍🤞

[@petrina1026]

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

[@mrcarterfx885]

Spot on bro!

[@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 KZbinrs 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.

[@ddewey72]

Most bills today can't be paid with a CC, car note utilities mortgages even my cellphone bill has to come straight from my bank account. My credit is also excellent 800+

[@ABCD-si7px]

Those people can’t use these tools. Others can.

[@lj4001]

Consolidate your debt and file bankruptcy and start over if you’re drowning and work on your credit again with cash-secured credit lines or cards. Start over start fresh, no sense trying to climb up a declining escalator staircase. Shut it off and get off, and use the manual staircase. NFA

[@benjitolbert7347]

Thank you CJ!!!! I'm breathing

[@devellwilson7099]

Thank you for the Knowledge CJ...

[@BudgetsWithELMA]

Great video! You explained everything very well!

[@velocityc]

@BudgetsWithELMA Thank you. I try. If you'd like to know more, I would love to show you: calendly.com/creditwiz Or If you would rather learn Velocity Banking in the comfort of your own home, I can deliver that too: bit.ly/VelBan2 CJ

[@micheleberry9616]

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

[@velocityc]

@micheleberry9616 Could be easier than you think. And you may not even need it. If you'd like to know more, I would love to show you: calendly.com/g12group/velocity-channel Or If you would rather learn Velocity Banking, I can deliver that too: bit.ly/VelBan2 CJ

[@karenthomas4489]

Trying to pay highest interest card off 1st Out of 7 cards And 1 loan. Do I put my paycheck in that card plus extra cash flow and expense payment (bills that can be payed with a card) and card minimum payment. Then continue until balance 0 move to next highest interest card?

[@LC-hq6hc]

Will this work with a interest only heloc?

[@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?

[@LC-hq6hc]

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

[@velocityc]

@LC-hq6hc Absolutely. If you'd like I can go more into First Lien HELOC through email. Just let me know. You can sign up here: sendfox.com/velocityc If you'd like to know more, I would love to show you: calendly.com/creditwiz Or If you would rather learn Velocity Banking in the comfort of your own home, I can deliver that too: bit.ly/VelBan2 CJ

[@ProphetPay]

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

[@mslingling2u297]

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? Help!!!!!

[@velocityc]

I trust I answered your question in my latest question. Let me know

[@leetarn5438]

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

[@velocityc]

@leetarn5438 Great question. Answer it like this: What is your money doing in savings? What could your money be doing in a HELOC? If you'd like to know more, I would love to show you: calendly.com/creditwiz Or If you would rather learn Velocity Banking in the comfort of your own home, I can deliver that too: bit.ly/VelBan2 CJ

[@jayjimenez1161]

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??

[@velocityc]

@jayjimenez1161 You absolutely can! Perfect. Let me know if you need any help in that area as well. CJ

[@AyeItsXander]

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

[@velocityc]

@AyeItsXander You can do that or.... If you'd like to know more, I would love to show you: calendly.com/creditwiz Or If you would rather learn Velocity Banking in the comfort of your own home, I can deliver that too: bit.ly/VelBan2 CJ

[@ABCD-si7px]

You now pay the Heloc off

[@lanessiacarrington8283]

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

[@lanessiacarrington8283]

@trmoore0922 thank you!

[@velocityc]

@lanessiacarrington8283 Don't refinance yet. If you'd like to know more, I would love to show you: calendly.com/g12group/velocity-channel Or If you would rather learn Velocity Banking, I can deliver that too: bit.ly/VelBan2 CJ

[@lj4001]

Always Never Refi, that sh!t just restarts the clock on your debt and you end up paying longer which means more interest loss!

[@goodcommunicator1687]

HELOC equals risk of foreclosure people.

[@velocityc]

@goodcommunicator1687 How so? If you'd like to know more about Automated Velocity Banking, I would love to show you: calendly.com/g12group/velocity-channel But for you... if you want to know more about the opportunity to earn at least $500 per person you help out, please click here: uffopportunity.com/velocityc I will be on with you. Trust to talk soon CJ

[@carlosislas3146]

Well you have not mentioned thay taking any money from a CC is considered as cash advance to which a 30% interes is charged.....so you hit the lowest interest loan but you get yourself a high interest debt by utilizing those 10 or 15k LOC (CC)...

[@ReynaDPerez]

LOC is simple interest, and not a loan.

[@lj4001]

Renya is correct, it wouldn’t be called Line of credit if it was a regular, loans are credit cards, home mortgages and ofc car loans. It calculates only what you use and that 30 is stretched to 365 days, you paying daily interest. So say it’s 10k out of 20k line, you are charged $ 8.22 daily But you put in your pay ck so it offsets the balance and reduces the interest paid. The high debt you had for your car of 55k at 7percent is cut drastically from the term loan, saving you thousands more than what you paid daily on the Line. (The actually formula is 7%x2=14 add two zeros = 1400%, you be paying hundreds of thousands in just interest only on that Car loan)! So 30 on a LoC is nothing.. You ofc put in your pay ck monthly, over less time you be done with the high debt and all the LoC be cash flow.

[@lorealdrayton6164]

#debtconsolidation

[@velocityc]

@lorealdrayton6164 #debtconsolidation is right. Not debt consolidation loan though. LOL I would love to show you: calendly.com/creditwiz I will be on with you. Trust to talk soon CJ

[@flygalteach]

Your "free analysis" doesn't let the user complete the form before redirected to another website,

[@ygbodybuilder3023]

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

[@velocityc]

@ygbodybuilder3023 That's the rest of the interest that they don't show you outright. For instance, sometimes a 6% interest loan can actually end up being 115% interest. It's all in how they calculate it. If you'd like to know more, I would love to show you: calendly.com/g12group/velocity-channel Or If you would rather learn Velocity Banking, I can deliver that too: bit.ly/VelBan2 CJ

[@lj4001]

Exactly, you have to calculate the formula which is % x 2, then add two zeros is what you are actually paying! Robbery mafia style without the violence. 😅

[@jerrytaylor6532]

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.

[@velocityc]

@jerrytaylor6532 That all depends. That is a very good question and it sounds like we need to talk. If you'd like to know more about Automated Velocity Banking, I would love to show you: calendly.com/g12group/velocity-channel But for you... if you want to know more about the opportunity to earn at least $500 per person you help out, please click here: uffopportunity.com/velocityc I will be on with you. Trust to talk soon CJ

[@christopherpowers4566]

Where doni send the free analysis form? 0:12

[@velocityc]

Right here Chris: sendfox.com/velocityc That way you will be on my list and I will look for you.

[@Sciontc22jj]

👍

[@trumpshare]

I have a finance and accounting background I can't make any rhyme or reason to what this guy is saying? Do either a debt snowball or landslide and pay of your debt ASAP. Become your own bank when you owe no one.

[@fongcha4933]

Trying to follow this method and getting so confused. I've asked this in other channels but never really got the answer. Instead of using a loc, cc, heloc or any of those that comes with an interest payment, couldn't you do the same with your own money (15k) and follow the same practice, thus prevents you from having to pay the interest? With the savings account, pay all your bills from it and every month deposit your check into it. After several months, you'll recoup all the 15k again, then do the process again. Or am I missing something here? Because, it seems so logically to do it with a saving vs a cc. I'll sit and wait for a reply. Thanks.

[@sfsfuzzy3597]

It’s a scam ! It does not save you wit does not pay off debt faster and this is the dumbest bastard that is trying to teach it

[@EFNRND]

It could work theoretically. But most people that are in serious debt, don’t have 15k in savings. Plus, if you pull from just your savings. That’s the limit on the amount of funds you have access too. Whereas if you use cc/ploc/heloc you can gain far more than that on useable credit.

[@sjagain]

@@EFNRND Do You think most people who are in debt and have poor credit have access to ANY amount of credit to use as their debt tool? 99% of VB requires a person to use PLOC, HELOC, or a high credit limit credit card which most people don't have access to.

[@theresafutrell8470]

I have a $3k CLOC and still able to use VB to pay debts. It’s not about having a higher line of credit. What matters is working the plan. If I had $15K in a savings, I would pay my debts and still use the strategy to pay off my other $35K debt

[@sfsfuzzy3597]

@@theresafutrell8470 you can’t be that stupid at math ! VB does not save you money over just paying extra in the debt and it damn sure doesn’t help pay off a mortgage

[@outlawedmedia4336]

Never do Velocity banking.

[@tommiebell775]

This velocity banking is essentially a scam. The moth is incorrect and yall fail to tell people that when they use their loc for emergencies even once it destroys all savings they would make if they loc has a lower interest. Way to many wholes in the logic yall use to justify it. If you can py off 10000 in 6 months woth interest you can save the same amount in 4-5 months.

[@JasonBedient]

This guy takes way too long to get to the point.

[@JR-bx6kw]

What was the point?

[@crewmax4240]

Beats me.

[@Matt-nx4w]

@@JR-bx6kw The point is to get desperate, not-too-bright people to give him money to "help" them.