Freedom First Selects QCash Financial to offer Cash Advance Alternative

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Freedom First Selects QCash Financial to offer Cash Advance Alternative

Provides credit union people more option that is affordable small-dollar loans

OLYMPIA, Wash.–( BUSINESS WIRE )–QCash Financial, a provider of automatic, cloud-based, small-dollar financing technology, today announced it is partnering with Freedom First Credit Union to provide short-term, small-dollar pay day loan alternatives to credit union people through its QCash item.

Making use of QCash Financial’s item suite, Freedom First can provide an affordable lending choice to members whom otherwise might count on high priced solutions like conventional pay day loans to pay for unanticipated costs. QCash is definitely an automatic electronic financing platform and utilizes the member’s credit history using the standard bank to underwrite, accept and fund the mortgage in less than 1 minute. The charges and prices connected with QCash loans are significantly below those charged by traditional lenders that are short-term.

“Our mission at Freedom First is people that are helping – helping communities thrive.

And we measure our value by simply how much we surrender,” said Dave Prosser, Freedom First’s Senior Vice President of Community developing. “We take pride in fulfilling our people’ requirements appropriate where these are typically on the monetary journey, whether or not they are only beginning or they require cash administration choices during more difficult times. QCash Financial’s automated solution is simple, fast, and bases underwriting decisions regarding the member’s relationship with us, perhaps not really a credit score.”

“Freedom First knows just just exactly how essential use of money is for breaking the period of financial obligation and attaining economic stability,” said Ben Morales, CEO of QCash Financial. (more…)