Every major bank and credit bureau publishes basically the same list of debt payoff strategies, debt snowball, debt avalanche, debt consolidation, and they’re not bad places to start, especially if you’ve never sat down and mapped out your numbers before. But I’ve noticed something in years of doing this work, which is that none of the big institutions ever mention the strategy that’s actually helped more than 1,100 of my own clients move faster than any version of those three methods alone could get them, and that strategy is Velocity Banking.

That’s not an accident, and it’s not because Velocity Banking doesn’t work. Banks have legal and compliance reasons to stick to the safe list, since recommending that someone leverage a line of credit against their home for debt arbitrage is a liability question for a regulated institution in a way that telling someone to pay off their smallest credit card first simply isn’t. It’s not a liability question for me, because I’m not selling anyone...