QCash Financial , a provider of automatic, cloud-based, small-dollar financing technology, today announced that it’s partnering with Freedom First Credit Union to supply short-term, small-dollar pay day loan alternatives to credit union users through its QCash product.
Utilizing QCash FinancialвЂ™s item suite, Freedom First can provide an affordable financing choice to users whom otherwise might depend on high priced solutions like traditional pay day loans to pay for unanticipated costs. QCash is definitely an automatic lending that is digital and utilizes the memberвЂ™s credit history utilizing the standard bank to underwrite, accept and fund the mortgage in less than 1 minute. The charges and rates connected with QCash loans are significantly below those charged by conventional lenders that are short-term.
вЂњOur mission at Freedom First is people that are helping вЂ“ helping communities thrive. And we measure our value by just how much we surrender,вЂќ said Dave Prosser, Freedom FirstвЂ™s Senior Vice President of Community developing. вЂњWe take pride in meeting our peopleвЂ™ requirements appropriate where these are generally to their economic journey, they need money management options during more challenging times whether they are just starting out or. QCash FinancialвЂ™s solution that is automated simple, fast, and bases underwriting decisions regarding the memberвЂ™s relationship with us, perhaps perhaps not a credit score.вЂќ
вЂњFreedom First knows just how crucial usage of money is for breaking the period of financial obligation and attaining monetary stability,вЂќ said Ben Morales, CEO of QCash Financial. вЂњSmall-dollar loans offer better prices and terms. Delivering cash quickly to users are a strong step up going people toward enhanced economic wellness. Freedom First appears down for many grouped communities that want their solutions the most, and weвЂ™re proud to be always a partner using them.вЂќ
The QCash loan platform was created in 2004 by WSECU following the credit unionвЂ™s tellers noticed a number that is substantial of people needed tiny, short-term loans from payday loan providers which were charging you extortionate costs and interest levels. Its provided as a white label solution to banking institutions. To find out more, contact Ben Morales at firstname.lastname@example.org .
About Freedom Very Very First Credit Union
Freedom First Credit Union has a lot more than 52,000 users and $533 million in assets and it is headquartered into the Roanoke, Virginia. With 10 branches in Roanoke and New River Valleys, Freedom First is producing neighborhood financial vitality through their core effect banking programs for affordable housing, transport, monetary education, effect banking, and community revitalization. Find out about influence Services .
About QCash Financial
QCash Financial is just a CUSO delivering automated, cloud-based, omni-channel financing technology that allows finance institutions to present short-term loans quickly to people they provide. QCash Financial, a wholly-owned subsidiary of WSECU in Olympia, Wash., began as a loan that is short-term for the credit unionвЂ™s people in 2004. To find out more about QCash, visit Q-Cash.com
CONTACT: QCash Financial
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