Governments First Time Home Buyers Stimulus Rebate Helps Homeowners Take Advantage Of Loans From Tropical Financial Credit Union.

February 7th, 2012 by Bank Loan | No Comments | Filed in Loans

Fort Lauderdale, FL (PRWEB) December 10, 2009

Miramar, FL – December 7, 2009 – Tropical Financial Credit Union, a leading South Florida credit union, has developed loan programs that coincide with the U.S. Governments first time home buyers stimulus rebate. These programs are able to offer the best mortgage interest rates in Florida and are offered to members of the South Florida credit union.

Tropical Financial Credit Union is helping people get into their first home along with the governments first time home buyers stimulus rebate. The South Florida credit union has multiple loan programs to fit everyones financial objective. To take advantage of these loan programs and incentives, contact your local branch in Palm Beach, Broward or Miami-Dade County.

The first time home buyers stimulus rebate has been a huge success in South Florida. We have allocated funds and developed specific mortgage programs to accommodate all of the people buying their first home, said Cina Tucci of Tropical Financial Credit Union. We have money to lend and the rules of credit unions have changed. We are open to the general public that lives in Palm Beach, Broward and Miami-Dade Counties.

About TFCU:

Tropical Financial Credit Union has been offering quality products for customers for over 73 years. This fully accredited South Florida credit union is open for all residents of Dade, Broward and Palm Beach counties in South Florida, regardless of where they work. They continually expand and offer free checking, the best mortgage interest rates in Florida, and used car loans, mortgage rates and other deposits and loan products. As always, they continue to offer free individual and business checking in Florida throughout their branches and for all their members. For more information please visit http://www.tropicalfcu.org.

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LA Design Studio Orange22 Raises Seed Money Without a Business Plan, Bank, or Loan

February 4th, 2012 by Bank Loan | No Comments | Filed in Loans

Los Angeles, CA (PRWEB) August 03, 2011

The idea of the tip jar has been around for many years. Many individuals put in a small amount of change, a buck or two and the worker supplements their income and in many cases exceeds their wages. For a Los Angeles design studio, Orange22, this has become reality for funding their newest product- a minimalist bench called the Botanist Minimal.

Crowd funding is something I have always been interested in, says design entrepreneur Dario Antonioni. The idea that customers fund projects gives us direct feedback into whether we should produce a design or if it should be shelved.

The idea of crowd funding has existed since the beginning of time, but since the Internet we have seen an explosion in the possibilities of crowd sourced funding.

Kickstarter is an amazingly powerful tool not only to reach out to a global test audience to validate the popularity of a design but also to raise funds without ever leaving the studio. Creative types should be making stuff not worried about business plans, loan documents and venture capitalist funding. This helps us do what we do faster with less distractions, explains Antonioni.

Websites like Kickstarter have changed the field in getting capital behind projects. Crowd funding on websites may be something as modest as an anonymous donation button, or it may include thank you gifts, special privileges, special recognition, products etc. However, there are a few key factors that make this type on funds particularly interesting:


????Funders may contribute as much or as little as they like minimizing the risk.
????There are minimal intermediaries; the funds go straight to the beneficiary.
????Funders can make a real difference in companies and products which they believe in.
????The projects must meet a minimum funding goal in order for the funds to be withdrawn.
????No banks, No Loan Documents and No Venture Capital is needed to get projects and businesses off the ground.

If you have a good idea, whether it is a service or a product or something else, crowd funding on websites like Kickstarter is definitely the way to go. Says Antonioni, For Botanist it was a no brainer. We wanted feedback from our customers, we had a product we believe in and we wanted to get it into their hands as inexpensive as possible. And, thats exactly what we did!

The power of the crowd is the foremost dynamic in crowd funding. Crowd psychology often plays a part in the failure or triumph of a crowd-funding campaign. Normal citizens are commonly able to acquire control by acting as a group. It has been shown through history that large groups of citizens have brought about abrupt and remarkable public changes in a way that sidesteps conventional processes.

If Botanist Minimal does not sell well we still benefit because it would have saved us the cost of tooling, materials, labor, shipping and storage for a product that would have sat in our warehouse. Luckily for us, it is turning out better that we thought.

For designers, crowd sourcing is becoming one of the most substantial ways of getting a new idea into peoples hands without the need for a large amount of capital investment.

We probably will not use this type of approach for all of our designs but their will be times when we want to test out how a product is received by design enthusiasts or maybe some experimental work for a niche crowd.

Online crowds come together virtually. They take action and act cooperatively, producing effects that would not otherwise be possible without the Internet. The dynamics of online users make it possible to make money with little effort involved. For Botanist and others who use websites for crowd funding, these characteristics help to get their projects and ideas funded. All it takes is a great idea and the cloud.

For more information on Botanist and Kickstarter go to:

http://www.kickstarter.com/projects/23843838/botanist-minimal

For more information on Orange22 Design Lab and design entrepreneur Dario Antonioni go to:

http://www.orange22.com/


Press Contact:

Dario Antonioni

Orange22 Design Lab LLC

Los Angeles, California

213-972-9922

press(at)orange22(dot)com

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Secure Loan

February 1st, 2012 by Bank Loan | No Comments | Filed in Loans

Secure Loan

A secure loan will offer you the lowest interest rates and most flexibility from your lender. Of course, these benefits don’t come without an added risk from you.

When you borrow money you offer the lender some form of security, also called collateral. The most common type of collateral is your home. This is the only type most banks will take as second mortgages. When you use your home, or vehicle, as collateral you can go on using your property as normal, but sign a note stating that if you don’t make the payments the lender can repossess the property and sell it to make up the rest of the money you owe.

If neither of these collateral options work for you there is also the option of using jewelry or other collectible items of value. Not all lenders will do this so you’ll need to search around, but it shouldn’t be too difficult. You will need to have the item appraised before applying.

When you use this form of collateral the lender will typically hold the item in a safe until the secure loan has been repaid in full.

Interest rates are largely determined by the amount of risk the lender is taking. By offering collateral the lender has a way of obtaining their money one way or another, so you have lowered that risk. Of course you have also raised your risk because if you are unable to pay you will lose your property, but because of this risk you are able to enjoy the benefit of a lower interest rate and more flexible terms. If you have bad credit you’ll find lenders much more willing to work with you, and if you need to extend the life of your loan they’ll be much more willing to work with this.

If you are looking for the best treatment from lenders and need specific things from a lender, you’ll have a much easier time doing that with a secure loan.

To get the best deal visit my site to learn more about Secured Credit Loans and the differences between secured and unsecured loans.

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Basics of Car Loan in India

February 1st, 2012 by Bank Loan | No Comments | Filed in Loans

Basics of Car Loan in India

Article by Carazoo.com

Car buying is a challenging job that requires lot of research about various cars and the actual state of the car market. The research work also includes gathering information on car loan and car insurance.










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New Invoice Factoring Solution Can Now Help Businesses without Merchant Accounts

January 31st, 2012 by Bank Loan | No Comments | Filed in Loans

Costa Mesa, CA (PRWEB) August 10, 2011

Merchant funding process adds new option that’s easier and more cost effective with Merchantcashinadvance.com’s new Invoice Factoring Program allowing businesses to get working capital cash advances within 5 days.

This new invoice factoring program announced this month, a new way for businesses both online and off, is aimed to help relieve the strain of unavailable credit and loans from banks. Merchantcashinadvance.com’s new program does not require businesses to purchase any equipment or change their current merchant accounts, unlike other merchant funding programs. Their new approach provides growing companies with an alternative to small business loans with approval in as little as 24 hours. There are no hidden costs associated with applying or getting started with a new merchant funding working capital cash advance.

Our program offers a fast and effective way for business owners to get the cash needed to run their company. It is not a business loan, which means no checks to write, no fixed monthly payments, and none of the excessive documentation usually needed with a bank loan, said Mike Butler, VP of Merchantcashinadvance.com.

For Small Business Assistance Inquiries: 877-875-0231

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HSH.com Weekly Mortgage Rate Radar: Rates Firm Slightly As Economy Warms

January 31st, 2012 by Bank Loan | No Comments | Filed in Loans

(PRWEB) January 25, 2012

Rates on the most popular types of mortgages rose above record lows, according to HSH.com’s Weekly Mortgage Rate Radar. The average rate for conforming 30-year fixed-rate mortgages rose by 6 basis points (0.06 percent) to 4.08 percent. Conforming 5/1 hybrid ARM rates increased by 3 basis points, closing the Wednesday-to-Tuesday wraparound weekly survey at an average of 3.00 percent.

The economic news over the past few weeks has been fairly solid, said Keith Gumbinger, vice president of HSH.com. Investors have felt more comfortable moving money away from the safe haven of bonds into riskier investments. That action nudges mortgage rates and other interest rates a little higher.

Technical factors in the mortgage market may have also contributed to the recent rise. Fees that lenders pay for loans being guaranteed by Fannie Mae or Freddie Mac are increasing over the next few months, and those costs are ultimately passed along to consumers in the form of higher rates, noted Gumbinger. However, when fully priced into the market, the bump in rates as a result of these fees is expected to be slight, perhaps an eighth of a percentage point or less.

Average mortgage rates and points for conforming residential mortgages for the week ending January 24 were, according to HSH.com:

Conforming 30-year fixed-rate mortgage

????Average rate: 4.08 percent
????Average points: 0.25

Conforming 5/1-year adjustable-rate mortgage

????Average rate: 3.00 percent
????Average points: 0.22

Average mortgage rates and points for conforming residential mortgages for the previous week ending January 17 were, according to HSH.com:

Conforming 30-year fixed-rate mortgage

????Average rate: 4.02 percent
????Average points: 0.30

Conforming 5/1-year adjustable-rate mortgage

????Average rate: 2.97 percent
????Average points: 0.25

Methodology

The Weekly Mortgage Rate Radar reports the average rates and points offered on conforming 30-year fixed-rate mortgages and conforming 5/1 ARMs. The weekly mortgage rate survey covers a large sample of mortgage lenders and is conducted over a Wednesday-to-Tuesday cycle, with data released every Wednesday. HSH.coms survey helps consumers find the best rates on home loans in changing market conditions. Unlike mortgage rate surveys that report average rates only, the Weekly Mortgage Rate Radars inclusion of both average rates and average points provides a more accurate view of mortgage terms currently offered by lenders.

Every week, HSH.com conducts a survey of mortgage rate data for a wide range of consumer mortgage products including ARMs, FHA-backed and jumbo mortgages, as well as home equity loans and lines of credit from hundreds of direct lenders in the U.S. For information on additional loan products, visit HSH.com.

About HSH.com

HSH.com is a trusted source of mortgage data, trends, news and analysis. Since 1979, HSHs market research and commentary has helped homeowners, buyers and sellers make smart financial choices and save money on mortgage and home equity products. HSH.com, of Pompton Plains, N.J., is owned and operated by QuinStreet, Inc. (NASDAQ: QNST), one of the largest Internet marketing and media companies in the world. QuinStreet is committed to providing consumers and businesses with the information they need to research, find and select the products, services and brands that meet their needs. The company is a leader in visitor-friendly marketing practices. For more information, please visit QuinStreet.com.

Press Contact

Andrew Heilman

775-784-3842

pr(at)hsh(dot)com

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Refinance Student Loans

January 31st, 2012 by Bank Loan | No Comments | Filed in Loans

Refinance Student Loans

 

Almost everyone knows that it is possible to refinance mortgage, vehicle note, etc but it is now also possible to refinance student loans. So, if you are struggling with some of your student loans which were necessary for your college education then you can be a candidate for student loan refinance options. This can be especially beneficial when you have more than a single student loan to pay off for your education or schooling related expenses. So, if you are deep into debts with high loan payments and you are struggling to meet the end needs then you could be eligible to avail refinancing options for your student loans.

 

 

By refinancing student loans or by consolidating the student loan debts will help you avail a single interest rate and you will only have to make a single monthly repayment.

However before you can get excited and apply for refinancing, it is necessary you do your part of research. Firstly you need to ensure you have a decent credit score which can be checked by requesting a free credit report. When you have the report, ensure there are no major outstanding debts or due bill payment. Having a decent credit report is the key to availing suitable or beneficial refinance for your loans. Refinance student loans with decent credit scores can help you get lower interest rates while you will also be approved instantly. Having lower interest rates on refinance means smaller amount you need to pay every month which can help you save a lot of money.

 

 

It is also necessary that you approach a reputable financial institution or bank and even lenders which can be found online to get refinance for your student loans.

However before you can agree to their terms of refinance and agreement make sure you have researched about the company and even checked them with Better Business Bureau. Make sure you have also compared prices, rates and terms with at more than 4 or 5 different lenders before you can make a final decision. It is your money and you should ensure that it is worth to refinance student loans. You should know that federal student loans and private loans should be refinanced separately in order to get the best interest rates. Federal student loans are usually offered lower rates but you can still research for the best rates if you have private student loans to enjoy the benefits of refinance student loans. 

 

 

For more information visit http://www.refinance-student-loans.org/

 

 

For more information visit www.refinance-student-loans.org/

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CashAdvance.net Launches Improved Lending Site

January 28th, 2012 by Bank Loan | No Comments | Filed in Loans

(PRWEB) January 23, 2012

CashAdvance.net announces the launch of its revamped consumer lending site, featuring a sleek new user-interface and an even easier online loan application. The company does not lend money; rather, it provides cash-strapped consumers with access to its proprietary network of payday loan providers. Most borrowers can apply online for a short-term loan and receive funds within 24 hours.

We built the new site to help people get access to the funds they need, when they need them, said company spokesperson, Steven Wells. For many households who are living paycheck-to-paycheck, waiting through a lengthy loan-approval process isnt an option.

With the economy still sluggish, many consumers are still struggling to cover needed expenses and outstanding bills. Big banks have tightened their lending requirements and become increasingly reluctant to approve loan applications. As a result, more people who have been hit the hard by the recession are seeking alternatives to traditional lending.

Visitors to the new CashAdvance.net site can submit an online cash advance application by providing some basic information, such as their employer and monthly income. Within minutes, a borrower can be provided with a referral list comprising lenders who specialize in short-term loans. This inspires lenders to offer more favorable rates, as they are in direct competition for business with each other. The process rewards the consumer with better loan terms than they would normally receive by driving around to compare rates at retail payday loan sites.

The updated application portal at CashAdvance.net is designed to be faster and easier than the lengthy loan applications used by traditional lenders. At the revised site, the borrowers themselves are the ones in charge at every step of the process, allowing them to progress at their own speed. The ubiquitous nature of the Internet means that no one working long hours or facing lack of access to a retail payday loan outlet will be prevented from accessing short-term loans.

The updated site gives borrowers of any income level access to immediate funds, without questioning what they need the money for, Wells said. We believe the consumer has a right to retain as much privacy as possible regarding their finances.

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A Lesson in Freedoms 4th of July 2011: The Register Makes New Findings on an Old Problem

January 26th, 2012 by Bank Loan | No Comments | Filed in Loans

Lakeland, FL (PRWEB) July 04, 2011

UPDATE: Monday, July 11, 2011 — After a full week of peer review of this position paper by peoples of all colours, The Register has concluded that this controversial paper was not offensive to Black Americans -or peoples of any colours -and, to verify this claim, has released a small portion of this peer review. To see a screen shot that lengthy discussion, please click on the 3rd attachment contained herein.–Editor, Gordon Wayne Watts.

Gordon Wayne Watts, editor-in-chief of the Lakeland, Florida based paper, The Register, has researched the growing Student Loan crisis in America, as it touches the dramatic rise in student loan defaults, the resulting spike in suicides directly attributable stress from debt stress among students, and the skyrocketing college tuition phenomenon, in which rise in college tuition has been increasing at a rate much faster than the rate of inflation -even as the quality of American education continues to plummet. Sources documenting all these claims appear at the bottom of this release -and in the research paper just published at the links below.

Fox Business News recently reported that ‘Student Loan’ debt surpassed ‘Credit Card’ debt for the first time in the history of our nation (Student Loan Debt Surpasses Credit Card Debt-What to Do?, By Howard Dvorkin; Published September 21, 2010), even though Student Loans are the only type of loan in the world that can not be discharged through bankruptcy proceedings not even if the borrower becomes ‘Social Security’ disabled or dies. According to Lisa Wade of TheSocietyPages.org (Pub. May 23, 2010, at 10:43 am), The Institute for College Access and Success has also recently reported that the number of students who graduate with at least $ 40,000 in student loans increased nine-fold (e.g., 900%) between 1996 & 2008.


‘Red’ Blood of suicides celebrates the ‘Red White & Blue’ Holiday 2011

Numerous sources cited at the bottom of this release -and in Watts’ research paper linked below, document that suicides directly related to stress from student loan defaults have risen dramatically in recent years, showing that this phenomenon is not just an abstract ‘economy problem’ on paper.

This 4th of July weekend 2011, we celebrate our 235th year of a Nation of Freedom, but like in past times, of oppressions against Native Peoples, Blacks, and Women, our Freedoms are not free and Watts’ study makes the argument that as past oppressions were abolished, oppressors sought new victims in students who must take out loans to pay for the steep cost of college education.

Legislation to reinstate bankruptcy protections to ‘private’ student loans, which are ineligible for either deferments or ‘income sensitive’ Federal repayment plans, was reintroduced in both the House and Senate on May 26, 2011:

S.B. 1102: Fairness for Struggling Students Act of 2011

and

H.R. 2028: Private Student Loan Bankruptcy Fairness Act of 2011

According to Mr. Watts, Republicans have historically recognized that bankruptcy protections are an essential element to a healthy, functioning Free Market system of Capitalism, and even the most conservative economists and scholars have agreed that removal of bankruptcy protections and other Free Market checks and balances has been a major factor in the recent economic downturn. Contrary to most political stereotypes, however, the Democrats are taking the lead in supporting this and other legislation aimed at restoring Free Market checks and balances to oppose the distortion on the market price of American higher education that has caused a sharp increase in tuition in recent decades.

Mr. Watts points out in his study that, in the past, colleges, universities, and lenders knew that Federal Law provided students the ability to obtain bankruptcy discharge of distressed loans, and therefore, they had motive to not overcharge the students because Free Market pressure was present to keep the price of college tuition reasonable.

Watts’ study makes that argument that with recent removal of the standard consumer protections (Federal bankruptcy discharge, truth in lending, etc.) colleges, universities, & lenders of Student Loans have no motive or other Free Market pressures to help students avoid late fees which result from defaulted or distressed loans, especially as the government may, by law, garnish wages and Social Security disability & retirement in Federal Loans and end up receiving much more than the original loan principal when late fees & interests are added in a financial motive to allow students to default and push up the loan after capitalization of interest and fees.

An additional factor in the skyrocketing tuition that Watts claims has affected the price of tuition is the creation of ‘student aide’ (loans, grants, Federal guarantee of loans, etc.) When colleges knew students could obtain deep pocket loans, they simply raised the tuition to match, and the student was back where he began but deeper in debt: Thus, ‘Student Aid’ did not benefit the student, but rather, effectively became college administrator aid. Since, as many mainstream media have reported, American higher education is falling behind other nations, ‘quality’ can not be used to justify alarming increases in college tuition.

Project Student Debt has recently reported that a broad coalition of citizens is calling for the return on standard consumer protections (bankruptcy discharge, truth in lending, etc.) for Student Loans:

http://ProjectonStudentDebt.org/files/pub/2011_Bankruptcy_Coalition_Letter_to_Cohen_FINAL.pdf

As well, Student Loan Justice has made a well-documented case for the return of standard consumer protections to Student Loans: http://StudentLoanJustice.org/argument.htm

Some organizations (such as ForgiveStudentLoanDebt.com run by New York based lawyer, Robert Applebaum) are going as far as seeking complete forgiveness of Student Loan Debt (a bailout, as some have called it), with the argument that it will free purchasing power of students, thus stimulating the economy:

Gordon Wayne Watts, of Lakeland, Florida, the editor-in-chief of The Register, joins this call for legislation that would restore standard consumer protections (bankruptcy proceedings, truth in lending, etc.) to Student Loans as well as additional and unique legislation rescinding the use of tax dollars for Higher Education loans or grants. The specific legislation Watts proposes to address the growing Higher Ed crisis is listed in the research paper at the links below. Mr. Watts’ controversial study is included at the last reference [source number 38] in this well-documented position paper:

(Mirror1) http://GordonWatts.com/Higher-Ed-Tuition-Costs.html

(Mirror 2) http://GordonWayneWatts.com/Higher-Ed-Tuition-Costs.html

Watts’ study documents that 1950′s, students could work over the summer in part-time jobs to save money for a whole school year and did not need any ‘Financial Aid,’ neither grants nor Student Loans and as American colleges and Universities of that era lived within their means, they were the top colleges in the world making his case that influx of tax dollars has distorted ‘Free Market’ and enabled tuition to rise at a rate much faster than inflation as well as cost tax-payers for this spending.

Selected Prior Press Releases:

http://www.prweb.com/releases/2005/02/prweb212613.htm

http://www.rense.com/general63/shc.htm

————————————————————————————————————————–

Sources documenting alarming rise in suicide directly related solely to Student Loan defaults:

[*] Crushing debt (Chicago Sun-Times, BY DAVE NEWBART) September 24, 2007 “Jan Yoder was preparing for her son’s funeral when the phone rang.

chexx inc ceo

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Guardian Mortgage Company Earns Prestigious LendRIGHT Seal of Approval: Customers Assured of Quality Experience

January 26th, 2012 by Bank Loan | No Comments | Filed in Loans

Richardson, Texas (PRWEB) January 20, 2012

Guardian Mortgage Company, Inc., a boutique lender in Texas and Michigan, today announced that it will display the prestigious LendRIGHT Seal of Approval. LendRIGHT is a program of the national Lenders One? Mortgage Cooperative, the nations largest alliance of independent mortgage bankers, correspondent lenders and suppliers of mortgage products and services.

As a member, Guardian Mortgage has pledged to maintain its pursuit of excellence in lending by fulfilling the qualities defined in the acronym representing the RIGHT in LendRIGHT. These qualities are built around consumer and include:


????Relationships work with you to help you identify the right loan;
????Information share what we know to help you understand your options;
????Guidance provide advice to help you make good choices;
????Honesty communicate and respond to your needs in an open manner; and
????Trust take care of the details to help you close on time

Only a small percentage of community lenders nationwide qualify for the LendRIGHT Seal of Approval, said Scott Stern, CEO of Lenders One. When homebuyers see the seal, they can trust that their lender strives for the highest standards of quality lending, customer education and support.

In addition to the recognition and credibility the LendRIGHT Seal provides, Lenders One cooperative members like Guardian Mortgage benefit from a wide range of exclusive services, rates and educational materials savings and support they can pass along to their customers, Stern added.

Based in St. Louis, Lenders One merges the needs of community lenders with those of its preferred vendor and investor relationships, creating a mutually beneficial marketplace for these parties to convene. The cooperative enables all participants to maximize revenue, minimize costs and expand market share through their collective economies of scale. Guardian Mortgage joins nearly 200 other member companies in the cooperative, giving it access to more than 40 preferred industry vendors, that represent a variety of mortgage-related services from document preparation and appraisals to strategic marketing tools, including the LendRIGHT campaign, and settlement functions.

We joined Lenders One because it can help us reduce operational costs and enhances the benefits we already offer to our customers, said Marcus McCue, Senior Vice President, Guardian Mortgage Company. The buying power of Lenders One means we will be able to improve the loan experience of our clients, offer even more competitive rates fees and the possibility of expanded product options. In addition, Lenders Ones training programs help ensure that we continue to have the best-trained staff in the industry.

About Lenders One Mortgage Cooperative

Lenders One? (http://www.LendersOne.com) was established in 2000 as a national alliance of mortgage bankers, correspondent lenders and suppliers of mortgage products and services. The St. Louis-based company originated $ 90 billion in mortgages in 2010 and ranks as one of the largest retail mortgage originators in the U.S. Its mortgage productivity system additionally allows members to close more loans, satisfy continuing education requirements and market themselves more powerfully. Lenders One, now more than 200 lender members strong, is a subsidiary of Altisource Portfolio Solutions S.A. (NASDAQ:ASPS).

About Guardian Mortgage Company

Headquartered in Richardson, Texas, Guardian Mortgage Company, Inc. has been in the mortgage lending and servicing business since 1965. It is an independently owned and managed company that specializes in origination and servicing residential mortgages. Guardian has almost $ 2.5 billion dollars in its servicing portfolio which translates to over 17,000 current satisfied customers. In addition to offices in Plano, Richardson and Arlington, Texas, it also has offices in Grand Blanc, Mich. More information can be found at http://bit.ly/GuardianPressRoom.

100 N. Central Expressway, Suite 150

Richardson, TX 75083

(972) 690-0923

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