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Velocity Banking: Using a Credit Card (Step-by-Step Guide)

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Velocity Banking: Using a Credit Card

Velocity Banking with a credit card is a financial strategy that involves paying all of one's expenses through their credit card to accelerate debt repayment. By paying expenses through their credit card, individuals can lower their average daily balance which in turn will lower their monthly interest owed. By virtue of paying a lower interest rate, individuals can potentially pay off their credit cards faster.

In this video, we are going to explain how Velocity Banking with a credit card works (stepbystep guide) and cover some of the pros and cons.

Please note that this video is for educational and entertainment purposes only and should not be considered financial advice.

Velocity Banking Explained:    • Velocity Banking Explained: A Stepby...  

posted by Litreprenue0r