The Secret Technique to Pay Off Your Loan with Your Credit Card - No Payments Required!

[@all4onegaming300]

Keep them videos coming I'm trying to wrap my head around velocity banking

[@LiquidEntourage]

Where do I get the velocity program to use for myself?

[@sb8404]

How about no cash flow??

[@chappahx]

Blessings, my bro!

[@1CarterLove]

How can you implement this with paying off multiple cards instead of a loan?

[@deval3596]

either you apply it to each credit card individually and when you finish paying off the first one then you move to the second credit card and so on. second option is to if you have one credit card with a high available balance and you transfer all the balances to one credit card and start the process. the 3rd option is to get a personal line of credit from your bank and apply the same principals, but you may not qualify for a personal line of credit large enough to combine all your credit cards. I just started this process in december, I've been paying loans for 2 years or longer and I combined them all under one credit card which totaled to a little over $30K. my balance is down to $28K and I have the money saved up to pay the full amount in one payment, but like everyone one else I was trained save my extra money for an emergency. I have also known about this process for years, but it it's the first time I'm actually implementing it in my finances. you might want to look at the youtube channel vanntastic she explains the process better in her videos.

[@akg1680]

Thank you for sharing your insights.. Got it!

[@blackgold2902]

I'm interested and want to do this play with a 17,000 car loan

[@Boypatis]

I already sub you bro

[@jix903]

You forgot to include credit card interest per month 😕

[@tonyrodriguez8010]

Can this be done with a personal loan ?

[@nubianking1976t]

I’m interested and want to get started

[@edmump]

Still not explaining how to pay a loan with the credit card different from a line of credit.

[@77Tadams]

you have to let your checking account cover overdraft. So you always keep your balance at like 5 dollars so your checking account will pull the overdraft from your credit card. Then you just payed out of your credit card.

[@lifeslaught]

💯

[@mikefitzgerald9819]

I like the video but when you put your check into the LOC won't they still take that payment? Thus that 2000 is really 1400 right?

[@velocityc]

@mikefitzgerald9819 Great question. It all depends on when you make that payment. If you time it right you can use all of it. I also have a class that goes over Velocity Banking in more detail and in a user-friendly format: bit.ly/VelBan2 or You can schedule a call: calendly.com/g12group/velocity-channel

[@gracebenie74]

You talk too much. Write on the board the détails as Vanntastic. Its confusing.

[@chappahx]

He has tons of videos on this with more detail. Go back to the other videos. He's answering a specific question here.

[@iamOAKland]

go somewhere with that BS talk..... Vanntastic is good too but dont come here disrespecting his craft!!!