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 FinancialвЂ™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 memberвЂ™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.
вЂњOur mission at Freedom First is people that are helping вЂ“ helping communities thrive.
And we measure our value by simply how much we surrender,вЂќ said Dave Prosser, Freedom FirstвЂ™s Senior Vice President of Community developing. вЂњWe take pride in fulfilling our peopleвЂ™ 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 FinancialвЂ™s automated solution is simple, fast, and bases underwriting decisions regarding the memberвЂ™s relationship with us, perhaps not really a credit score.вЂќ
вЂњFreedom First knows just just exactly how essential use of money is for breaking the period of financial obligation and attaining economic stability,вЂќ said Ben Morales, CEO of QCash Financial. (more…)