I like the way you combine different strategies as needed. VB with CC, LOC as well as Debt snowball where it makes sense. Multidimensional stuff 🙏🏾
@LambaJas Жыл бұрын
Building a relationship with bankers can prove to be useful for accessing financial products. Awesome CASHFLOW t-shirt!
@ferchoordonez76472 жыл бұрын
What a magnificent example of how to use velocity banking. I like the way you use the examples in great detail to make everything so clear. Thank you
@dylanrobertson682 жыл бұрын
I appreciate the customized feedback and application of velocity banking strategies!
@clevelandiota Жыл бұрын
I actually established a relationship with a credit union and was able to secure a HELOC!!! Great information!!!
@smileinside3522 жыл бұрын
Denzel, Great content as always.
@DaveSincere5 жыл бұрын
I think I jumped the gun on applying for a LOC. I signed up for a new membership to 2 credit unions this month. Ga United and Navy FCU. Got accepted to both. I applied for LOCS at both. GA United approved me for $5K, Navy FCU approved me for $500. Both cited my membership history playing a big role.
@DenzelNapoleonRodriguez5 жыл бұрын
at least you got approved and not denied like a lot of other people
@DaveSincere5 жыл бұрын
@@DenzelNapoleonRodriguez Very true. I was ticked off by the amount, but decided to accept it.
@FertilityFreak4 жыл бұрын
@@DaveSincere Did you have a family member for Navy FCU or how do you get in with them?
@Desqueeze Жыл бұрын
Building a relationship with the bank is a great idea. I think I’m going to open up a checking and savings at a credit union
@zachdelafayette98915 жыл бұрын
I got NFCU too! Can you go into what a checking line of credit vs PLOC
@lstoner16 ай бұрын
I'm currently a member of Navy Fed but SECU MD gave me a PLOC upon me receiving membership. I'm ready!
@donnypr0232 жыл бұрын
If you have the knowledge or know about it, will Navy give me a LOC on top of a HELOC? I like your material. Too bad I just found out about all these strategies. Good job Danzel.
@optimuspryme825 жыл бұрын
He can call the IRS and be put on a payment plan if he wants too
@joelrflores5 жыл бұрын
Good stuff!!!!!
@jojogutterez63625 жыл бұрын
And was wondering I took Total line payment for 8000 something they're charging me $100 interest separate from the 791 fixed-rate advance is that normal for a home equity line of credit? My payment for the fixed-rate advance is due on the 15th would it matter if I paid it earlier say on the 5th to eliminate interest earring for a few days would appreciate it if you could answer these questions thank you in advance
@aguayoROBERT5 жыл бұрын
Dump all your cashflow in the line of credit, and if you need it simply transfer what you need back you your bank account
@jojogutterez63625 жыл бұрын
Got it fixed rate advance for the 187 000
@kingsimba8943 Жыл бұрын
I can’t wait to sit down with an expert and have him walk me through the process to become free from debt. I advise anyone watching to not to take it as a regular video and move on. This is truly the gospel 💝
@jojogutterez63625 жыл бұрын
Manziel I have a home equity line of credit for $186,000 I paid off I paid off existing rental property I have my payment is 791 for 12 months
@DaveSincere5 жыл бұрын
Im the first one here!. I'm at this stage of the game. I have a 785 credit score so I'm looking for LOC's. I don't own a home yet so no HELOC. I just got an account with NAVY FCU but the max Loc they offer is $15K. I would want more. I applied for Georgia United FCU where the max LOC is $100K @ 9.65%. But they do a hard pull just to get an account with them. Geesh.