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Updated over 1 year ago on . Most recent reply
![Carlos Silva's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/168979/1694655869-avatar-ironbear.jpg?twic=v1/output=image/cover=128x128&v=2)
What is the downside to Velocity Banking
I’ve been watching a few youtube videos on Velocity Banking, why isn’t this more popular? What am I missing? There has to be some sort of down side, why isn’t this more popular?
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![Kerry Noble Jr's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1143498/1621509537-avatar-kerryn4.jpg?twic=v1/output=image/crop=1440x1440@645x0/cover=128x128&v=2)
I think its not as popular for several reasons.
People dont have a debt tool like a line of credit, credit card, etc. because of low credit scores
people are definitely living above their means as far as whats going in and whats going out and you have to face that.
People just dont know about velocity banking and think its very complicated.
just what ive come across