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

OLYMPIA, Wash.–( COMPANY WIRE )–QCash Financial, a provider of automatic, cloud-based, small-dollar financing technology, today announced that it’s partnering with Freedom First Credit Union to provide short-term, small-dollar cash advance alternatives to credit union users through its QCash item.

Making use of QCash Financial’s item suite, Freedom First can provide an affordable financing choice to users whom otherwise might count on expensive solutions like conventional payday advances to pay for unforeseen costs. QCash can be a automated electronic financing platform and makes use of the member’s credit history using the standard bank to underwrite, accept and fund the mortgage in less than 1 minute. The costs and prices connected with QCash loans are significantly below those charged by old-fashioned short-term loan providers.

“Our mission at Freedom First is people that are helping – helping munities thrive. And then we measure our value by simply how much we surrender,” said Dave Prosser, Freedom First’s Senior Vice President of munity Development. “We take pride in fulfilling our people’ requirements appropriate where they have been to their monetary journey, they need money management options during more challenging times whether they are just starting out or. QCash Financial’s automated solution is simple, fast, and bases underwriting decisions from the member’s relationship with us, maybe maybe maybe not a credit history.”

“Freedom First knows exactly just exactly exactly how crucial use of money is for breaking the period of financial obligation and attaining economic stability,” said Ben Morales, CEO of QCash Financial. “Small-dollar loans provide better prices and terms. Delivering money quickly to users may be a effective step up going people toward enhanced health that is financial. Freedom First appears away for everyone munities that want their solutions probably the most, and we’re proud to be always a partner with them.”

The QCash loan platform was created in 2004 by WSECU following the credit union’s tellers noticed a number that is substantial of members needed little, short-term loans from payday loan providers which were charging you exorbitant charges and rates of interest. It’s provided as being a white label solution to finance institutions. To find out more, contact Ben Morales at bmoralesq-cash..

About Freedom Very Very First Credit Union

Freedom First Credit Union has a lot more than 52,000 people and $533 million in assets and is headquartered within the Roanoke, Virginia. With 10 branches in Roanoke and brand New River Valleys, Freedom First is producing neighborhood financial vigor through their core effect banking programs for affordable housing, transport, economic training, effect banking, and munity revitalization. Find out more about Impact Services.

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