WECOSIGN, the fastest growing company in Orange County, and First Data
ease the credit scoring requirements for new apartment home applicants.
SANTA ANA, Calif., Sept. 2 /CNW/ -- WECOSIGN Inc.
(http://www.wecosign.com) has formed a groundbreaking alliance with First Data
Corporation, a global leader in information management for more than 15 years.
First Data will process all of WECOSIGN's credit information for new
applicants seeking apartments. This partnership is the first of its kind. "We
are very excited to have this relationship," says Carlos Padilla, CEO of
WECOSIGN. "First Data has already shown an incredible degree of cooperation in
assisting our new applicants." WECOSIGN has quickly established itself as the
nation's leading company for people with poor credit scores who need help
gaining approval for apartment rental agreements.
Applications for WECOSIGN's service have increased by more than 100%
since the opening of their corporate office in July. "We've also seen a steady
increase of building owners and landlords who have shown a tremendous interest
in our program since the housing melt-down," says Padilla. Additionally,
WECOSIGN is presently establishing a satellite office program in association
with successful real estate offices across the country.
"Based on the continuing success of our current Private Placement
Memorandum Offering and other investments coming from institutional
investors," notes Padilla, "our business model is one of the best I've seen
for these uncertain financial times." The WECOSIGN business model is the only
current option for people with low credit scores who need help getting
approval to live in apartment housing. But Padilla is quick to remind
prospective applicants and owners, "WECOSIGN offers only a 'helping hand up'
and not a 'hand out.'" Our purpose for existence is to offer immediate
assistance to qualified hardworking applicants, who have been declined
apartment residency due to the many deficiencies of today's credit scoring
This press release contains forward-looking information within the
meaning of section 27A of the securities Act of 1933 and section 21E of the
Securities Exchange Act of 1934 and is subject to the Safe Harbor created by
those sections. This material contains statements about expected future events
and/or financial results that are forward-looking in nature and subject to
risks and uncertainties. For those statements, we claim the protection of the
safe harbor for forward-looking statements provisions contained in the Private
Securities Litigation Reform Act of 1995 and any amendments thereto. Such
forward-looking statements by definition involve risks, uncertainties and
other factors which may cause the actual results, performance or achievements
of the company to be materially different from the future results, performance
or achievements expressed or implied by such forward-looking statements. Under
no circumstances does this Press Release constitute an offer to sell or a
solicitation of an offer to buy the securities of the company described in
this Press Release in which such offer, solicitation or sale of securities
would be unlawful prior to registration, qualification or filing under the
securities laws of any jurisdiction.
For further information:
For further information: David Serio, 1-877-556-8607, for WECOSIGN Inc.
Web Site: http://www.wecosign.com