ECRID, the New Credit Bureau files new IPO

By Edlyn Cardoza

ECRID, the New Credit Bureau that gives you a second chance to get approved for a home, car and personal loan. ECRID is the New Credit Bureau that offers the public an opportunity to create a new ECRID Credit Report with conventional and/or unconventional creditors (rent, electric, telephone, etc.) that have been paid on time to validate an individual’s creditworthiness to future lenders. Each Credit Report created by an individual will start with a Perfect 950 ECRID Credit Score.

ECRID’S CEO, Cleveland Gary, said, “I am excited and thrilled to prepare for the launch of one of the most life-changing and novel Fintech Credit Lending platforms of its kind at a time where a large percentage of adults have cash flow but unfortunately deemed to have poor credit scores.”

First, Bill Pay Service of the company is second to none. ECRID Credit Report Holders will pay their monthly bills listed on their Credit Report through an automated ECRID Electronic Payment System. Once payment is processed, the Credit Report Score and payment status will update in real-time on the User’s Credit Report. This process and method give Lenders validation on how each Credit Report Holder pay their bills.

Secondly, Credit Report Holders will be able to apply for loans (home, auto, personal loans, etc.) inside their ECRID Business Center. Lenders will have access to sign up at the website to become a member and offer their services to the Credit Report Holders looking for financing. The goal is to start offering lending services in November 2021. ECRID lenders will be asked not to pull an Equifax, Experian or Trans Union credit report but instead base their novel FinTech sector lending on the actual individual Users Credit Report. This will give the User (borrower) a fresh start and a second chance at reestablishing themselves as creditworthy borrowers. The Company’s primary objective is to base the lending decision on the Users (borrower) ECRID Credit Report along with the Users (borrower’s) income to debt ratio.

Last but not least, the Referral Program of the company is an exciting and extremely lucrative novel tech platform that pays you, the new Member of the company $75 every time someone clicks your referring ECRID Social Media ADD, and the new User creates a Credit Report. It’s free to sign up as a Member of the company and Start Making Money! As an ECRID User, it costs $25 to create each ECRID Credit Profile (Your Creditor’s Information), and a minimum of four Credit Profiles are required to generate your Credit Report ($100).