ECRIC Inc (OTCMKTS:ECDD) Announces collaboration With ResMac Mortgage

ResMac Mortgage and ECRIC Inc (OTCMKTS:ECDD) have joined forces for assisting millions of Americans in be homeowners. This collaboration will especially help those who find it hard to receive mortgages or refinance existing mortgages in the challenging economic scenario.

Market Action

On Tuesday, ECDD stock ended flat at $0.20 with 51 shares, compared to its average volume of 5.4K shares. The stock moved within a range of $0.2000 – 0.2000 after opening trade at $0.20.

Key Details

A credit bureau offering resources and tools, ECRID, helps Americans take control of their financial destiny towards a path of building wealth. The company forayed into the market for transforming the financial aspects of Americans requiring another chance to be creditworthy.

ECRID has created an innovative fintech platform giving opportunities to families as well as individuals to bolster financial footing despite past records. An ECRID executive expressed excitement and thrill in preparing for the fintech credit platforms, which are extremely unique and will benefit a large number of adults. ECRID also enables bill pay service and credit report holders can also automate the same.

The ECRID Credit Score, as well as payment status,are updated in real-time post the payment. The process enables lenders to validate how every report holder pays bills. Report holders can also apply for loans (Home, Auto & Personal loans) inside their ECRID Business Center. Lenders can sign up at www.ECRID.com for becoming a member and ECRID Credit Report Holders can get financing through different institutions.

Traders Note

ECDD stock is trading below the 20-Day and 50-Day Moving averages of $0.2182 and $0.2345 respectively. Moreover, the stock is trading is the neutral zone with RSI stands at 44.

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