ChexMate Corporation

I’ll help improve your quality of life all while creating opportunities for future success. Guaranteed results. I am the plug 🔌. Monthly membership $40. Credit repair starting at $100. Deleting Delinquent Accounts ✅ Student Loans ✅ Bankruptcies ✅ Medical Bills ✅ Inquiries ✅ Judgments ✅. Say goodbye to those ugly credit scars! Inbox to get started.

Buy a house and get a 15 year fixed mortgage rather than a 30 year mortgage. Saves a lot of money in interest over the life of the loan. If you must get the 30 year mortgage verify no prepayment penalty. This gives you the flexibility of paying off early if you are able. But also gives the option of making lower payments when times are tough.

When you start your job, get an HSA account not FSA and get the high deductible health insurance. It will lower your tax bracket and the money is yours to use. You also earn 40% in most cases after 10k!!!

Never buy a car brand new! I’ve watched Escalades go from 100k (new) to 35k four years later.

Get you an LLC (incorporate your name!!) and run it as an S Corp. Remember Jay-Z quote “I’m not a Businessman I’m a Business Maaaaaaaan....” let that sink in.

Build business credit! The loans are bigger and the interest rate is lower.

Get a business bank account (in most cases this costs around $500 to start). Some people got two stimulus checks (one from Trump and one from the SBA). Also no fees.

Go to Community College first and transfer into a four year college (unless you have scholarships to mitigate the costs) as a Junior. School is a power move you must be able to secure the bag. Majors in STEM will always be needed, are in high demand and the skills can directly help the black community.

Get with your peers from your graduating class and others together at homecoming on one day for two hours to plot and strategize how we can move our communities forward (commerce, politics, education, etc...)

If you want to support Black People, support Black Business and Black Institutions of higher Education.

Get life insurance for you (term and/or whole life) and your children (whole life) as soon as they are born (one thing is for sure is we will die...might as well leave your kids something extra!). The sooner you get it, the cheaper it is. And you can borrow against it to fund certain projects. Also, the ones that pay out dividends are the best! Some are private and others are based in the stock market like IUL’s. Whole life that pays out a dividend is great!

Get the people in your immediate family to save collectively! If 10 people save $500/month, that’s 60k every year. You could buy 3 starter homes every year and in 4 years all ten of you are home owners. Buy on the same block or neighborhood if you can...this way you control the value of the homes (remember Monopoly!).

I need 10 people to copy and repost this on their pages and groups.

Traditionally, lenders have preferred 20% down, but many low-down-payment options are available, especially to first-time buyers:👫

VA loans, which are backed by the Department of Veterans Affairs, and USDA loans, backed by the Department of Agriculture, offer 0% down payment options for borrowers who qualify.

FHA loans, backed by the Federal Housing Administration, allow down payments as low as 3.5%.

Conventional loans, which aren’t backed by the government, offer down payments as low as 3% to first-time homebuyers with good credit.

A smaller down payment requirement may enable you to buy a home and start building equity sooner.

ChexMate works with you to establish or reestablish credit to help get you to your goal faster. Here’s the link to our website https://www.chexmate.org.

www.chexmate.org