Freedom First Selects QCash Financial to give Cash Advance Alternative

Utilizing QCash Financial’s item suite, Freedom First can provide an affordable lending choice to people whom otherwise might count on high priced solutions like conventional payday advances to pay for unforeseen costs. QCash is definitely an automatic electronic financing platform and makes use of the member’s credit history with all the lender to underwrite, accept and fund the mortgage in less than 1 minute. The costs and prices connected with QCash loans are considerably below those charged by conventional short-term loan providers.

“Our mission at Freedom First is helping people prosper – helping communities thrive. And now 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 right where they have been to their monetary journey, if they are only getting started or they require cash administration choices during tougher times. QCash Financial’s solution that is automated simple, fast, and bases underwriting decisions from the member’s relationship with us, not a credit score.”

“Freedom First knows just how crucial use of money is actually for breaking the cycle 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 could be a effective step up moving users toward enhanced health that is financial. Freedom First looks away for anyone communities that require their solutions the absolute most, and we’re proud to be always a partner together with them.”

The QCash loan platform was created in 2004 by WSECU following the credit union’s tellers noticed a significant quantity of its people needed tiny, short-term loans from payday loan providers that have been charging you extortionate charges and interest levels. It really is provided as being a white label solution to finance institutions. To learn more, contact Ben Morales at .

About Freedom Very First Credit Union

Freedom First Credit Union has significantly more than 52,000 users and $533 million in assets and it is headquartered when you look at the Roanoke, Virginia. With 10 branches in Roanoke and brand brand brand New River Valleys, Freedom First is producing regional vitality that is economic their core effect banking programs for affordable housing, transport, economic training, effect banking, and community revitalization. Find out more about influence Services .

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