I bet you’re thinking that obtaining a personal line of credit is a difficult process that requires a perfect credit score, well think again.

There is a strategy to everything, and that fact does not change when it come to obtaining a line of credit. Whether you have a superb credit score, or your score needs some work, #VelocityBanking Method can help. Acquiring a debt weapon, aka an unsecured line of credit, is the basis of The Velocity Banking Method. With the use of an LOC you can increase your cash flow, decrease your expenses and build your credit score. Obtaining a personal line of credit, when used correctly, can change your financial situation for the better and ultimately change your life.

In today’s video we will explore the concept of lines of credit and how you can obtain one. Whether you have no credit, bad credit or good credit you can strategize a plan to secure a line of credit, and it is easier than you may think. If you are ready to take a step toward changing your financial future, then grab your pen and paper and tune in!

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Denzel Napoleon Rodriguez : How To Get A Personal Line of Credit | Personal Finance

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Line of credit,personal line of credit,unsecured line of credit,velocity banking,personal finances,bank line of credit,credit union,non for profit banks,local credit unions,revolving line of credit,finance geek

18 COMMENTS

  1. Hey Denzel, so is there a specific wording I need to look out for in order to be able to use the loc to pay mortgage and other debts that don’t accept credit card payments? i know you mentioned before that an Loc works like a checking account so does it have a routing number and account number like a checking account?

  2. Great vid explained well my friend👏👏👏 ……question: is it a good idea to pull a line of credit , say 10k to pay down a vehicle loan at 3.6% compound interest for 8 years? basically can you use the LOC to pay off other loans? Thanks a mill 🙏

  3. Im having an issue getting a clear answer on how the interest of the loan is calculated. If the APR is at a range 10.49 – 15.74 is it safe to think its simple? I'm shocked at how many bankers I've spoke with today who seemed confused by me asking how the interest was calculated.

  4. Thanks for the advice. I tried applying for one through my bank, of which I have been a member for nearly 20 years and have a credit card through in perfect standing, and was turned down. I will start checking credit unions near me immediately.

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