ECRID/ResMac Mortgage Strikes Deal That Can Change the Entire Credit Industry

Rhea-AI Summary

ECRID, Inc. (ECDD) has partnered with ResMac Mortgage to assist Americans struggling with mortgage access in the current economy. This collaboration aims to provide tools for individuals to obtain mortgages and improve their creditworthiness through the ECRID platform. ECRID’s innovative fintech solutions focus on helping those with past financial issues regain stability and build wealth. The company emphasizes second chances for customers, enabling them to create their own credit reports and apply for loans.

Positive

• Partnership with ResMac Mortgage enhances access to mortgages for underserved Americans.
• ECRID's innovative fintech platform empowers users to improve credit and financial stability.
• Focus on second chances for individuals with past financial difficulties potentially expands market reach.

Negative

• None.

PALM BEACH, FL , May 31, 2022 /PRNewswire/ -- ECRID, Inc. (Stock Symbol: ECDD) and ResMac Mortgage have teamed up to help millions of Americans become home owners who have difficulty obtaining mortgages or refinancing existing mortgages in this current economic climate. ECRID, the new Credit Bureau offers the tools and resources to assist Americans in taking control of their financial destinies to become financially stable and build wealth. Through the ECRID platform www.ecrid.com customers can sign up and create their own ECRID Credit Report and Apply for a Mortgage through ECRID Lending Corp. and begin their journey to financial health.

About ECRID
ECRID came to market to transform the financial lives of every American who needs a second chance of becoming credit worthy. The company has created an innovative fintech platform providing opportunity for individuals and families to regain their financial footing and build wealth in spite of a past bankruptcy, judgement, collections or lien. Second chances have been created to get each ECRID Member financially healthy through this new Innovative fintech platform. 

ECDD: Stock Symbol 
Contact: kim@ecrid.com 
Information for ECRID: Support@ecrid.com
www.ecrid.com

View original content:https://www.prnewswire.com/news-releases/ecridresmac-mortgage-strikes-deal-that-can-change-the-entire-credit-industry-301557205.html

SOURCE ECRID, Inc.

FAQ

What is the significance of ECRID's partnership with ResMac Mortgage?

ECRID's partnership with ResMac Mortgage aims to help millions of Americans obtain mortgages and improve their financial stability in a challenging economic climate.

How does ECRID assist individuals with poor credit histories?

ECRID provides tools and resources through its fintech platform to help individuals with past bankruptcies or collections regain financial health and become creditworthy.

What services are offered through the ECRID platform?

The ECRID platform allows customers to create their own credit reports and apply for mortgages via ECRID Lending Corp.

When was the partnership between ECRID and ResMac Mortgage announced?

The partnership was announced on May 31, 2022.

What is the stock symbol for ECRID, Inc.?

The stock symbol for ECRID, Inc. is ECDD.